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Sources: Wizards' Trae Young to decline option, be free agent

Trae Young has agreed to a four-year contract with the Washington Wizards. The deal follows his decision to opt out of a player option for the 2026-27 season. The new agreement includes a player option in the fourth year.

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What changed

Young has moved from being an unrestricted free agent to signing a new four-year contract with Washington.

Live updates

  1. Trae Young signs four-year, $212 million deal to remain with Wizards

    Trae Young has agreed to a four-year contract with the Washington Wizards. The deal follows his decision to opt out of a player option for the 2026-27 season. The new agreement includes a player option in the fourth year.

    What's confirmed:

    • Trae Young declined a player option for the 2026-27 season valued at $48.97 million.
    • Young agreed to a four-year contract with the Washington Wizards.
    • The new contract is valued at approximately $212 million.
    • The agreement includes a player option for Year 4.
    confidence 100%

  2. Trae Young Enters Free Agency After Opting Out of Wizards Deal

    Trae Young has declined his player option with the Washington Wizards. The point guard is now an unrestricted free agent. He walked away from a deal valued at approximately $49 million.

    What's confirmed:

    • Trae Young declined his player option with the Washington Wizards.
    • Young is now an unrestricted free agent.

    Still unconfirmed:

    • Young declined an option worth $49 million.
    • Young opted out of a $48.9M deal.
    confidence 90%

  3. Trae Young enters free agency after declining Wizards option

    Trae Young has declined his player option with the Washington Wizards. The point guard is now an unrestricted free agent. This move marks a significant development in the team's offseason plans.

    What's confirmed:

    • Trae Young declined his player option with the Washington Wizards.
    • Trae Young is now a free agent.

    Still unconfirmed:

    • Washington is the favorite to re-sign Trae Young.
    confidence 100%

  4. Trae Young to Decline Wizards Player Option and Enter Free Agency

    Washington Wizards guard Trae Young plans to decline his player option for the 2026-27 season. He will become an unrestricted free agent on Monday. Despite this, Washington is considered the favorite to re-sign him.

    What's confirmed:

    • Trae Young plans to decline his $48.97 million player option for the 2026-27 season.
    • Young will become an unrestricted free agent on Monday.
    • The Washington Wizards are the favorites to re-sign Young.

    Still unconfirmed:

    • Multiple teams are interested in Trae Young.
    • Young intends to check his value in free agency before making a final decision.
    confidence 95%