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Victor Wembanyama, San Antonio Spurs agree on 5-year extension that could top $250M, AP source says
By Tim Reynolds, Associated Press at KSAT 12 (ABC affiliate)
· July 10, 2026
· 3 min read
Victor Wembanyama has signed what will be the richest contract in San Antonio Spurs history, a five-year extension that could exceed $250 million if the player option in the final season is picked up, a person with knowledge of the negotiations said Friday.The person spoke on condition of anonymi...
Key takeaway The 22-year-old Wembanyama is already considered one of the game's most dominant players, and it was a no-brainer that the Spurs would offer an extension.
Why this matters in The San Antonio
The signing of Victor Wembanyama to a five-year extension is a significant move for the San Antonio Spurs, securing the team's cornerstone player for years to come. This deal not only reflects Wembanyama's immense value to the team but also demonstrates his commitment to the franchise and the city. By taking a lesser amount, Wembanyama is giving the Spurs flexibility to build around him and their young core, which bodes well for the team's future competitiveness. As the Spurs look to rebound from their NBA Finals loss, Wembanyama's extension provides a sense of stability and continuity, allowing the team to focus on making another deep playoff run. With Wembanyama's salary set to increase significantly, it will be interesting to see how the Spurs manage their roster and make adjustments to stay under the salary cap while maintaining a competitive edge.
About this story
Original reporting by KSAT 12 (ABC affiliate) . The San Antonio surfaces reporting from trusted publishers and adds local editorial context so readers can quickly understand what a story means for their community. We attribute every source, link to the original report, and follow a documented editorial standards policy. To understand how stories are selected and reviewed, read our about page .
For the complete original report, visit KSAT 12 (ABC affiliate) . Have a tip or correction? Contact our newsroom .
Category: local ·
Published: July 10, 2026 ·
Source: KSAT 12 (ABC affiliate) ·
Reading time: 3 min
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Frequently asked about this story
What is this story about? Victor Wembanyama has signed what will be the richest contract in San Antonio Spurs history, a five-year extension that could exceed $250 million if the player option in the final season is picked up, a person with knowledge of the negotiations said Friday.The person spoke on condition of anonymi...
When was this published? This article was first published on July 10, 2026 by KSAT 12 (ABC affiliate) and curated for The San Antonio readers.
Who reported this story? This story was reported by Tim Reynolds, Associated Press at KSAT 12 (ABC affiliate). To learn more about how The San Antonio selects and reviews stories, see our editorial standards .
Where can I find related coverage? See more local coverage from The San Antonio, or browse our daily briefing and topic hubs .
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