Trae Young intends to sign a four-year deal worth approximately $212 million to stay with the Washington Wizards, ESPN's Shams Charania reported Monday. The deal includes a player option on the fourth year.
This comes after it was reported last week Young would decline the $49 million option on the 2026-27 season from his previous deal with the Wizards, who acquired Young from the Atlanta Hawks in January.
Though Young could have received max interest on the open market, his return to Washington was expected after they took a swing on him while his value was lowest. He rewarded their interest and intention to build around him by accepting a deal for less than the max Washington could have offered.
Washington believed Young was going to command max-salary offers from other teams, according to The Athletic's Josh Robbins. So, they gave Young the same max salary other teams could have offered. That's a four-year deal with five percent year-over-year raises.
Considering Washington holds Young's Bird rights, meaning they could have offered him a five-year deal with eight percent annual raises, they did save some money on this deal.