Report: John Wall Nearing 5-Year, $80 Million Contract Extension With Wizards

According to Marc Stein of ESPN, John Wall is nearing a 5-year, $80 million contract extension with the Washington Wizards that is expected to be finalized by August 1st. The 22-year-old point guard has averaged 16.9 points, 8 assists and 4.4 rebounds per game in his three seasons with the Wizards.

The Washington Wizards are in advanced talks with star point guard John Wall on a contract extension expected to be in the five-year, $80 million range, according to sources close to the process.

Sources told ESPN.com that the sides are closing in on the final terms and are on course to have a signed agreement by Aug. 1.

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