Wembanyama May Accept Below-Max Deal; Reaves Reacts to James Exit; Nets Release Malachi Smith
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LAS VEGAS — Discussion around NBA Summer League suggests Spurs center Victor Wembanyama is open to signing a rookie-scale extension worth less than the maximum, league sources told The Stein Line.
The 20-year-old Defensive Player of the Year becomes eligible on July 6 for a five-year pact projected at roughly $252 million, a figure that could exceed $300 million if he triggers the Rose Rule with another All-NBA berth, an MVP award or a second DPOY honor next season. By accepting a smaller number, Wembanyama could give San Antonio additional long-term cap room to retain its young core.
Players Association leadership has historically encouraged stars to sign for full value, and no decision has been made. Nonetheless, speculation intensified after Wembanyama posted on social media: “Spurs family, I’m here to stay. Whatever it takes.” Observers have compared the potential discount to the contract Knicks guard Jalen Brunson accepted in 2022 to keep New York’s roster flexible.
Lakers
Guard Austin Reaves said he was “disappointed” when LeBron James informed the Lakers he would not return. Speaking with The California Post, Reaves recalled texting the four-time MVP: “I was having a great day on the golf course until you ruined it.”
Reaves, who spent the past five seasons alongside James in Los Angeles, credited the veteran for his own growth. “I don’t have enough time to explain how much he means to me and my career and what he’s done for me,” he said.
James remains an unrestricted free agent. The Cavaliers, Warriors, Heat, Nuggets, Timberwolves and 76ers continue to be linked to the 39-year-old.
Nets
The Nets waived guard Malachi Smith after previously picking up his non-guaranteed team option, according to the New York Post. The 26-year-old played 15 games for Brooklyn last season, averaging 8.3 points, 3.4 rebounds and 3.3 assists while hitting 48.9 percent from the field and 43.5 percent from three-point range.
Smith also logged a strong G League campaign with 15.9 points, 7.0 assists and 5.1 rebounds per game. If he clears waivers, he will become an unrestricted free agent; with only one year of NBA service, he remains eligible for a two-way contract. Brooklyn currently has one two-way slot available.
Source: Hoops Wire
