The final details of the five-year, $80 million contract that will keep John Wall with the Wizards through 2019 continue to be hashed out and an agreement likely won’t be completed until at least next week, according to league sources with knowledge of the situation.
The Wizards have been in negotiations with Wall’s agent, Dan Fegan, for more than a week and both sides are eager to reach a deal. Although the Wizards have until Oct. 31 to sign Wall to avoid allowing former No. 1 overall pick to become a restricted free agent next summer, one person with knowledge of the situation said, “If you know you want to give somebody the max, why wait?”
Wizards President Ernie Grunfeld has repeatedly stated his desire to keep Wall within the franchise for a long time and has built a team to complement the speedy point guard’s skill-set. Wall missed the first 33 games last season with a stress injury in his left knee and the team went 5-28, but he returned to lead the Wizards to a 24-25 finish and posted career highs of 18.5 points and 44.1 percent shooting while handing out 7.6 assists. He also scored a career high 47 points in a win over Memphis and finished with 24 points and a career-high 16 assists in a road victory over the Los Angeles Lakers.
Wall and teammate Bradley Beal are among the 28 players auditioning for Team USA this week in Las Vegas during a USA Basketball minicamp for up-and-coming young players, including all-stars Kyrie Irving, Paul George and Jrue Holiday. Wall will play on the blue team (with DeMarcus Cousins, Anthony Davis, Damian Lillard and Greg Monroe) in a scrimmage on Thursday at 9 p.m.
Wall would become the first member of his 2010 draft class to receive a contract extension and the fourth point guard in the league with a maximum deal, joining former league most valuable player Derrick Rose and all-stars Deron Williams, Chris Paul and Russell Westbrook. In three seasons in Washington, Wall has averaged 16.9 points and eight assists.