Kristaps Porzingis, Wizards in serious talks on contract extension / News - Basketnews.com

The Wizards and Kristaps Porzingis are in serious contract extension talks, as Washington could offer a max 4-year $180 million deal in the summer.

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Kristaps Porzingis and the Washington Wizards are in serious discussions on a contract extension, reports Shams Charania from The Athletic.

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Charania reports that Porzingis would opt out of his $36 million player option for the 2023-24 season to sign a new long-term deal.

The Wizards can offer Porzingis a maximum contract of four years and $180 millionif he opts out for next year and extends his deal. The deadline to reach such an agreement is in late June.

Porzingis averages 23.2 points, 8.4 rebounds, 2.7 assists, and 1.5 blocks per game over 65 appearances this season.

The Wizards, who have dealt with a variety of injuries and setbacks this season, are currently 34-42 and in 11th place in the Eastern Conference. Like what we are doing? Support us by becoming BN+ member.