John Wall knew when he arrived at Verizon Center on Wednesday that he needed to sign a lucrative contract extension with the Washington Wizards, but he also didn’t want to lose sight of what it would take to make the franchise’s five-year, $80 million commitment rewarding for both sides.
So before he put pen to paper, Wall worked out with teammates Bradley Beal and Otto Porter Jr. in the practice gym, putting up shots in an effort to get better. Later, with Wizards President Ernie Grunfeld standing next to him, Wall signed a deal that reinforces the Wizards’ rebuilding efforts since selecting the talented point guard with the first overall pick of the 2010 NBA draft.
“He is the cornerstone of our team, and we have clearly expressed our desire to build around him well before making it official by re-signing him,” Wizards owner Ted Leonsis said in a statement released by the team to announce the agreement. “We are extremely confident in his leadership abilities and are excited to see the continued improvement of the team.”