New Details for Possible Wizards, Trae Young Extension Emerges

While the NBA Draft has all the attention among Washington Wizards fans, an updated outlook on a possible extension with star point guard Trae Young and what it could look like emerged on Monday with a chance for the front office to lock down a key piece heading into the rest of summer.

Marc Stein reported on Monday that the expectation remains that Young and the Wizards are expected to reach a contract extension, which has remained the consensus ever since he arrived. Young also reportedly prioritized being traded to a team that was open to a new deal while the Wizards offered ample familiarity to make the trade a reality driven by Travis Schlenk.

The only caveat is time may not be on the side of either Young or the Wizards with Young staring at a June 23 deadline to either opt in or bypass his near $49 million player option. The two sides also face a deadline to reach an extension up to nearly $160 million exactly one week after that.

Stein also pointed to a three year deal worth $120 million as the "early projection" for what that deal would materialize into, which would leave the Wizards roughly $44 million in first apron cap space and $57 million in second apron cap space. Washington already enters the offseason nearly $76 million over the cap.

That could spare the Wizards the needed space with contract extension talks looming for Alex Sarr and Kyshawn George next summer, while Bilal Coulibaly is set to become the first of the rookies to become extension-eligible with the window officially opening on July 1.

Before the front office gets there, they'll have to tackle the draft with a Young extension likely crossing off Darryn Peterson's fit on the roster given the lack of path to a starting role for the former Kansas guard, who reiterated during the NBA Draft combine that he views himself as a point guard.

Young, proving to be the first of two trades made ahead of the 2026 deadline, made a brief debut with the team after playing on a minutes restriction in five games to end the 2025-26 season, averaging 17.9 points and eight assists in just 25.6 minutes per game. The chance to return to full strength alongside what could be the deepest supporting cast of his career adds optimism to what's ahead, but before then, fans will look for former Atlanta point guard to cement his future in Washington DC.

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