Superstar point guard John Wall has reportedly signed a 4-year, 170 million dollar contract extension with the Washington Wizards. This contract will keep Wall in Washington until 2023, per David Aldridge. Wall’s contract includes a 15-percent trade kicker and a player option on the final year of his contract. This contract is only the third instance of a Designated Player Veteran Extension, also known to fans as the ‘Supermax’.
Breaking: John Wall agrees to four-year, $170M extension with Wizards
— Bleacher Report (@BleacherReport) July 22, 2017
For Wall to qualify for the supermax, he had to make an All-NBA team, with him making the All-NBA third team this year. Wall was reportedly offered the contract extension at the beginning of free agency, but he was not ready to except the offer until he saw what moves the Wizards were going to make in the offseason. Some of the moves made by Washington include matching Otto Porter Jr’s 4-year, $106 million offer sheet and signing Jodie Meeks to a two-year deal.
— Michael Lee (@MrMichaelLee) July 20, 2017
Wall is coming off his best season yet, averaging 23.1 points, 10.7 assists, and two steals shooting 45.1 percent from the field. He is only 26-years-old and a promising point guard for a team who is looking to take the next step toward the NBA Finals. The Wizards seem to like their core set of players, since they resigned Wall, Porter, and Bradley Beal, with the aforementioned all keeping their futures alive at the Eastern Conference powerhouse.
— Zac (@DCzWall) July 22, 2017
With this being the third instance of a supermax contract extension, there are sure to be more in the coming years. With players like James Harden and Steph Curry signing these types of contracts, Wall is presenting himself as one of the best players in the league. If he keeps this pace, he could be on track to becoming one of the best point guards in the NBA.