NBA trade News: De'Aaron Fox signs 4-year, $229M extension with San Antonio Spurs through 2030 season

After signing with the San Antonio Spurs at the February NBA trade deadline, popular player De'Aaron Fox has inked a new contract with the team. The star and the team reached an agreement for a four-year contract extension worth a maximum of $229 million.

Rich Paul, CEO of Klutch Sports, informed ESPN that the maximum contract guarantees the player's future in San Antonio through the 2029-2030 season.

De’Aaron Fox commits to San Antonio Spurs with a massive extension worth $229 million

According to a source, De'Aaron Fox

has consented to a maximum contract extension with the San Antonio Spurs. He was traded to the team in February of last year. The management has further invested in him now that he has committed to a four-year, $229 million agreement with the team.He previously inked a $163 million, five-year contract with the Sacramento Kings. After the 2025-2026 season, he would have been a free agent under that deal. A few months after he joined the San Antonio Spurs, he once stated that he had hoped to negotiate a new contract with the team over the offseason.

On the other hand, the San Antonio Spurs made it apparent that they wanted the NBA player to stay with them for a long time, even though they already have two talented young players in their backcourt. An executive of the team told Spotrac's Keith Smith in July: “When we made that trade, we knew what the contract status was, of course… We see De’Aaron as someone who can grow with our young players and be a real leader for us.

We’re hopeful we can make something happen to keep him in San Antonio for a long time.”

De’Aaron Fox will, however, reach a new financial level with his new contract, as his average yearly compensation of $57.25 million would rank third in the league. He only played 18 games for San Antonio Spurs before being sidelined for the season due to a left pinky injury. He was also teamed with Victor Wembanyama, one of the league's top young players, with the hopes that the two may help the S.A. Spurs win their first title since 2014. Unfortunately, the management's decision to bench the icon for the home stretch of the 2024-25 season due to a blood clot in his shoulder put the team' plans on hold. Having said that, as of now, De’Aaron Fox is pretty happy with the new contract. Also read: De'Aaron Fox backs out of 2025 Curry Brand World Tour, leaving Stephen Curry to travel solo in Asia