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Thunder sign G Cason Wallace to contract extension

By Thomson Reuters Oct 19, 2026 | 3:27 PM

By Field Level Media

Oct 19 (Field Level Media) – Coming off the best season of his young career, shooting guard Cason Wallace ​signed a multiyear contract extension with ‌the Oklahoma City Thunder, the team announced Monday.

Contract terms were not released by the team but published reports say Wallace received a five-year, $139 million deal. ESPN attributed ‌terms ​of the deal to Wallace’s ⁠agents at Excel ⁠Sports Management.

Wallace, who turns 23 on Nov. 7, is entering his fourth season. He posted career highs in scoring (8.6 points), assists (2.6) and steals (1.9) ​while averaging 3.1 rebounds over 77 games (58 starts) in 2025-26. The Dallas native and ⁠Kentucky product also was ⁠named to the NBA All-Defensive Second ​Team, leading the league in total steals (150) and deflections (339).

Wallace ​was a key contributor in last season’s ‌playoffs, averaging 8.6 points, 3.8 rebounds, 2.4 assists and 2.1 steals in 24.9 minutes per game over 15 games (two starts).

The No. 10 overall ⁠pick in the 2023 NBA Draft, Wallace was selected by the Dallas Mavericks and traded along with ⁠Davis Bertrans to ‌the Thunder in exchange for ⁠the rights to Dereck Lively II ​in ‌a draft-night trade.

Over 227 career games (114 ​starts) with ⁠Oklahoma City, Wallace has averaged 7.9 points on 46.3% shooting from the field, including 37.4% from 3-point range, along with 2.9 rebounds, 2.2 assists and 1.5 steals in 24.7 minutes per game.

(–Field ​Level Media)