Wembanyama signs $252M extension; Leonard trade stays frozen

The deal includes a player option in its fifth year.

Wire Report IntelligenceUpdated Jul 261 min read

What happened: Victor Wembanyama's contract runs five years on the 25% rookie maximum. The NBA must complete its investigation into alleged salary-cap circumvention before the Kawhi Leonard transaction can proceed.

Why it matters: Wembanyama's terms preserve future roster flexibility by excluding 30% supermax escalators. Leonard's delay leaves the transaction unresolved ahead of the 2026-27 season.

By the numbers: Five years, $252 million, with a player option in Year 5. Supermax escalators could have increased the total to $303 million.

What to watch: The NBA aims to finish the investigation before the season. Any discipline would follow Leonard if the trade is completed.

Sources

Yahoo Sports 2026-07-26T02:43:50.155487+00:00

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