According to sources, Michael Lee of the Washington Post reports that John Wall has signed a five-year $80 million maximum extension today to remain with the Washington Wizards through the 2019 season.
Source: John Wall has officially signed a maximum contract extension worth approximately $80 million over 5 years #wizards
— Michael Lee (@MrMichaelLee) July 31, 2013
Earlier this week, we gave you five reasons why Wall should get the five-year deal, and Michael Lee also made the case for Wall’s max extension despite some believing he’s failed to live up to his selection as the No. 1 pick in the 2010 draft.
The Wizards have never made the playoffs in Wall’s three pro seasons, and he has never been selected to an All-Star team. But as we mentioned, the Wizards are committing the maximum allowable extension to Wall because they believe he will be the cornerstone of their franchise moving forward.
While Wall’s numbers aren’t spectacular through his first three seasons (16.9 points and 8.0 assists per game), in last season’s final 26 contests, he averaged 22.7 points, 7.8 assists and 4.8 rebounds per game. After missing the first three months of the 2012-13 season with a right kneecap contusion, the Wizards went 5-28 with Wall on the sidelines. When he returned, the Wizards finished the season by going 24-25 with Wall in the lineup—including that blistering stretch through the season’s final third.
Wall, understandably, was excited about the deal, and the Wizards are expected to make it official in a press conference tomorrow.
Words can't explain how blessed and happy I am! I want to thank my owner Mr Ted Leonsis, GM Ernie Grunfeld and the whole @WashWizards staff!
— John Wall (@John_Wall) July 31, 2013
What do you think about the extension?
Follow Spencer on Twitter at @countcenci.
Follow Dime on Twitter at @DimeMag.
Become a fan of Dime Magazine on Facebook HERE.