According to Adrian Wojnarowski of Yahoo Sports, the Washington Wizards and point guard John Wall are nearing an agreement on a contract extension.
Wojnarowski, citing a league source, reports the deal would be worth $80 million over five years, which would be the maximum contract Wall could sign provided he becomes designated as team’s franchise player (which is how he could sign a five-year deal rather than a four-year deal).
Wall and the Wizards have until October 31 to complete a contract extension. If they do not meet the deadline, Wall will become a restricted free agent next summer.
Wall is represented by the infamous Dan Fegan.
Many pundits have questioned whether or not Wall is worth a max deal. In three seasons as a pro, the #1 overall pick of the 2010 drat hasn’t been near the playoffs. However, after missing the first 33 games of last season, the Wizards got off to a 5-28 start. Once Wall returned to the lineup, the Wizards went 24-25. In those 49 games, Wall averaged a career-high 18.5 points, 7.6 assists, 4.0 rebounds and 1.3 steals per game. He shot career-best 44.1% from the field, 26.7% from beyond the arc and a career-high 80.4% from the charity stripe.
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