What happened: Washington finalized an eight-year, $84 million extension on Tuesday. The contract carries a $10.5 million annual average value and arrived before the league's midnight shift to a seven-year maximum on new extensions.
Why it matters: The move locks in a major long-term commitment ahead of the 2025-26 season. It also lets Washington secure the longer term while teams still could, rather than negotiate under the tighter post-midnight cap on extension length.
By the numbers: Eight years at $84 million works out to a $10.5 million AAV. Teams had until midnight to complete eight-year extensions before seven years became the maximum term.
What to watch: Watch for any remaining contract structure details beyond the headline value and term. Washington's next roster decisions will show how it builds around the new long-term commitment for 2025-26.