Washington Wizards star John Wall has signed a four-year, $170M extension with the team that includes a player option and a trade kicker.
This deal will keep Wall with the Washington Wizards through 2023 and is the third instance of the Designated Player Veteran Extension, also known as the “supermax” contract, this season, with James Harden and Stephen Curry both signing similar deals.
Wall announced the extension in a video on Uninterrupted’s Twitter:
Wall was offered the extension at the beginning of free agency, however he wanted to wait and see what moves the Wizards made in the offseason before accepting, during which the team matched a four-year, $106M contract for Otto Porter and signed Jodie Meeks to a two-year, $7M deal.
In order for Wall to have qualified for the supermax deal, he had to make an All-NBA team this past year, and either make two All-NBA teams in the past three years, get an MVP award, or Defensive Player of the Year. Wall made the All-NBA third team this year, which qualified him for the extension.
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Wall had the best season of his career in the 2016-17 season, averaging career-highs in points (23.1), assists (10.7), steals (2.0) and shooting percentage (45.1%).
Unfortunately, Wall and the Washington Wizards were unable to get past the Boston Celtics in the Eastern Conference Semifinals, making it all the way to Game 7 until the Celtics overcame the Wizards.
With the extension of Wall, the Washington Wizards will keep their core three players of Wall, Bradley Beal, and Porter, all but assuring that the Wizards will be a major team in the Eastern Conference for years to come.
The Wizards will be paying a lot of salary now with the extension of Wall and the re-signing of Porter to big contracts. They already have large contracts on the books for Beal and Marcin Gortat, as well as a relatively large contract for Ian Mahinmi.
In that video for Uninterrupted, Wall guaranteed a he’d bring a championship to Washington. With the way the starting lineup is looking right now, and how far they went last season, it looks like that could happen.