Trae Young Re-signs with Washington Wizards on Four-Year $212 Million Deal

Trae Young agreed to a four-year, $212 million contract with a player option in the fourth year on June 22, 2026, after declining a $49 million player option for 2026-27.

Reports: Trae Young, Wizards agree to 4-year deal

Washington acquired Young from Atlanta in January 2025 for CJ McCollum and Corey Kispert. Injuries limited him to five games with the Wizards and ten with the Hawks, totaling 15 appearances in 2025-26. The Wizards finished 17-65, added Anthony Davis in February, and hold the No. 1 pick in the 2026 NBA Draft.

Guard Young to re-sign with Wizards

The extension ties Young to Wizards GM Will Dawkins, All-Star Anthony Davis, and a young core of Alex Sarr, Kyshawn George, Tre Johnson, Will Riley and Bub Carrington. The original trade also involved CJ McCollum and Corey Kispert.

ESPN

The deal averages $53 million per season with 5 % raises and a player option in year 4. Young’s career averages are 25.1 points, 9.8 assists and 3.4 rebounds (498 games). In 2025-26 he posted 17.9 points and 8.0 assists per game across 15 games; in five Wizards outings he averaged 15.2 points and 6.2 assists. He missed the season with a sprained MCL and quad contusion.

Guard Young to re-sign with Wizards

GM Will Dawkins praised Young’s “gravity” and fit with Davis; Davis expressed excitement about the team’s direction; Young said he is happy in Washington and confident the squad is ready to win.

Trae Young Set to Sign $212 Million Deal With Washington Wizards

Analysts warn the contract could be an overpay, noting it is “less than the maximum the Wizards could have offered but equal to the max he could have signed elsewhere,” and cite Young’s defensive limitations.

Trae Young signs four-year, $212 million extension with the Wizards

Some sources call the deal a max extension, others say it falls short of Washington’s maximum offer. Season stats differ between 15.2 points/6.2 assists in five Wizards games and 17.9 points/8.0 assists across 15 games. Player-option terms are not disclosed.

Guard Young to re-sign with Wizards

Locking Young as the franchise point guard aligns him with Davis and a promising core, signaling Washington’s shift from rebuilding to playoff contention while committing a large share of its cap.

Trae Young Agrees To Four-Year, $212 Million Deal To Stay With Wizards

Washington enters the 2026 NBA Draft with the No. 1 pick (prospects include AJ Dybantsa or Darryn Peterson). Young’s health will be monitored and the player-option decision will come before the 2029-30 season.

Reports: Trae Young, Wizards agree to 4-year deal

• “The few games that Trae was able to play, you just saw the gravity that he has and he draws and how he'll be able to free up our guys,” — Will Dawkins, Wizards GM

ESPN

• “It’s just the start of something special,” — Trae Young

• “People are talking about our team. People are excited. People around the league are like, ’Hey, who knows what could happen?’” — Anthony Davis

• “We have young guys who have been through the rebuilding stage. They went through a lot of losing the last few years, and they’re tired of losing. I want to be there with them when we’re winning.” — Trae Young

Trae Young to sign four-year extension to remain with Wizards