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Cason Wallace Signs Five-Year, $139 Million Extension with Oklahoma City Thunder

Cason Wallace and Oklahoma City Thunder Agree on Long-Term Deal

Cason Wallace has reached a five-year, $139 million contract extension with the Oklahoma City Thunder, according to ESPN's Shams Charania. The agreement came ahead of Monday's deadline for players from the 2023 NBA Draft class to secure rookie scale extensions.

If Wallace and the Thunder had missed the deadline, he would have played the final year of his rookie deal under a team option before becoming a restricted free agent in the 2026-27 offseason.

Wallace's Role and Impact on the Team

This extension locks in a key defensive piece for the Thunder as they aim for a second NBA title within three seasons. Wallace, who plays shooting guard, has grown into one of the league's premier perimeter defenders.

Drafted 10th overall in 2023 out of Kentucky, Wallace’s role with Oklahoma City has expanded steadily across three seasons. He started 13 games as a rookie, then jumped to 43 starts in the 2024-25 season, contributing significantly to the Thunder’s championship run. Last season, he started 58 games and is expected to be a full-time starter this year, building on his average of 26.6 minutes per game in 2025-26.

2025-26 Season Stats

  • Games played: 77
  • Points per game: 8.6
  • Rebounds per game: 3.1
  • Assists per game: 2.6
  • Steals per game: 1.9
  • Blocks per game: 0.4
  • Three-point shooting percentage: 35.1%
  • Three-point attempts per game: 3.7

Team Moves and Future Outlook

The Thunder traded their 3-and-D specialist Luguentz Dort to the Atlanta Hawks during the offseason, signaling confidence that Wallace would take on an even bigger role. With this extension, Oklahoma City has now locked down its entire starting lineup with long-term deals.

  • Shai Gilgeous-Alexander
  • Jalen Williams
  • Chet Holmgren
  • Isaiah Hartenstein
  • Cason Wallace

All five players are signed through at least the 2028-29 season, positioning the Thunder to continue competing at a high level.