Trae Young signs $212 million extension with Washington Wizards

Trae Young has agreed to a four‑year contract extension with the Washington Wizards worth approximately $212 million, with a player‑option for the fourth year. The deal matches the maximum market value he could have earned as a free agent and includes a $49 million salary for the upcoming season.

The four‑time All‑Star declined his $49 million player option earlier in the week, after a injury‑limited season in which he averaged 17.9 points and 8.0 assists in 15 games with Atlanta and Washington. Young was acquired by the Wizards in a blockbuster trade with the Hawks in January, and the extension keeps him in Washington alongside fellow star Anthony Davis as the team prepares for its first playoff run since 2020‑21 and holds the No. 1 pick in the upcoming NBA draft.