Rumor: Cason Wallace's contract extension with OKC to start at $25M per year

Oklahoma City Thunder and star player Cason Wallace are nearing a contract extension, with both sides reportedly discussing an annual average value of $25 million, according to NBA insiders Marc Stein and Jake Fischer. Talks between Wallace's camp and the Thunder have begun at this figure, which is expected to be a middle ground between $20 million and $33 million per year.

The Thunder, who won the 2025 NBA championship, are hoping to secure Wallace's services before the Oct. 19 deadline to avoid the uncertainty of restricted free agency next summer. The 22-year-old Wallace, known for his accolades and solid defensive play, has shown fluctuations in his offensive production. However, he remains one of the winningest players in league history and could benefit from a larger role on offense.

Sources suggest comparisons to recent signings like Atlanta's Dyson Daniels and Denver's Christian Braun, both of whom are All-NBA defenders. With few teams likely to compete with the Thunder for Wallace's services, securing a long-term contract extension is crucial for both the player and the organization.