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Cason Wallace and Thunder agree to five-year, $139 million extension

Excel Sports Management confirmed that the Oklahoma City Thunder and guard Cason Wallace agreed to a five-year contract extension worth $139 million.

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AI-generated illustrative topic photo of a basketball player in a blue uniform shaking hands with a suited person beside a conference table.
AI-generated illustrative topic photo representing a basketball contract agreement. The people and setting are fictional; this image does not depict Cason Wallace or the reported agreement.

The Oklahoma City Thunder and guard Cason Wallace agreed to a five-year contract extension worth $139 million, Excel Sports Management confirmed on social media on October 19.

Wallace, 22, averaged a career-high 8.6 points, along with 3.1 rebounds, 2.6 assists and 1.9 steals per game across 77 appearances last season. His 150 steals led the NBA. He also finished seventh in Defensive Player of the Year voting and earned a second-team All-Defensive selection.

The No. 10 overall pick in the 2023 NBA Draft averaged 7.9 points, 2.9 rebounds, 2.2 assists and 1.5 steals per game over his first three seasons.

The Thunder are scheduled to open their 2026-27 regular season against the San Antonio Spurs at 9:30 p.m. EDT Tuesday in San Antonio. The game is a rematch of the 2026 NBA Finals.