Last week, when John Wall earned All-NBA honors he also earned the right to negotiate a big extension with the Wizards. He’s now qualifies to sign a Designated Player Veteran Extension, which would allow him to add another four years to his current deal at up to 35 percent of the salary cap. Typically players can only sign deals worth up to 30 percent of the cap if they stay with their current team, and they can only sign for up to 25 percent of the cap if they sign with a new team.
That’s a big advantage for the Wizards, and it sounds like they’ll try to use it to keep John Wall in Washington for a long time.