It seemed that all of the money, and all of the best players, were heading west this NBA off-season, with ballers become multi, multi millionaires over the last two months. Then today all hell broke loose in Cleveland when word spread that the Cavs’ All Star guard, Kyrie Irving, wanted to be traded.
But late Friday night NBA fans on the East Coast, particularly those in the Chocolate City, got some good news as the Wizards announced that they had signed John Wall to a contract extension that will pay him $207 million through the 2023 season. David Aldridge broke the deal, which finally keeps a player in the NBA East.
John Wall has agreed to the designated player veteran exception in Washington, per source, that will pay him a total of $207M through 2023.
The deal, which begins in 2019, adds $170 million to his existing five-year deal.
The three-year, $170 million extension starts in 2019, after Wall’s existing five-year deal expires. Wall will get $37.1M total through ’19.
With this latest deal, Wizards’ owner Ted Leonsis has doled out almost $300 million in contracts between Wall and Otto Porter ($276 million to be exact). More importantly, it keeps the core of Wall, Porter and Bradley Beal together and finally creates some good buzz for the NBA Eastern Conference.