What happened: Victor Wembanyama’s new contract is a rookie-scale maximum extension. Kawhi Leonard’s transaction cannot be completed while the NBA investigation remains open.
Why it matters: The extension gives Wembanyama long-term certainty entering 2026-27. The delay leaves Leonard’s offseason status unsettled pending the inquiry’s outcome.
By the numbers: Wembanyama’s extension is worth $252 million over five years.
What to watch: The NBA’s findings and any subsequent movement on the Leonard transaction are the next developments to watch.