Trae Young reaches an agreement with the Washington Wizards on a four-year contract extension worth $212 million, according to reports citing league sources. The deal is described as a maximum contract and would keep the guard in Washington for four additional seasons. Multiple outlets report that the extension is tied to the NBA’s max contract framework rather than a smaller renewal.
The reports also note that the timing of the agreement follows Young’s decision regarding his player option for the 2026–27 season. Yahoo Sports reports that Young has declined his $48.97 million player option for 2026–27, and that his cap hit is expected to increase by roughly 5% in each year of the extension.
While the sources vary slightly in wording, they agree on the core terms: Young and the Wizards are aligned on a long-term extension, reportedly totaling $212 million over four years. Confirmation of the final paperwork and official team announcement would be expected following the reported agreement.