The Spurs locked up Wemby through the 2031-32 season. Texas has no state income tax, so his take-home is a lot higher than the same deal would pay in Los Angeles or New York.
~$50.4M a Year · $0 Texas Income Tax · ~$30.6M KeptThink of the difference between living in Texas and living in California. Same salary, different state, and the check is noticeably different. Texas has no state income tax, so Wemby’s deal skips that cut every year.
On July 10, 2026, Victor Wembanyama signed a 5-year maximum rookie-scale extension with the San Antonio Spurs, reported at $252 million, with a player option in the final year. The Spurs confirmed the signing but not the dollar figure. The extension starts in the 2027-28 season.
This season he is still on the last year of his rookie deal, paying $16,868,246. Then his pay roughly triples.
The tax story is simple: Texas has no state income tax. Nearly everything he gives up goes to the federal government, and the same contract in California would cost him about $6.7 million more every year.
Here's where an average $50.4 million year goes, using 2026 federal tax rules for a single filer.
| NBA salary (average year) | $50,400,000 |
| Federal income tax (37% top bracket, ~36.9% effective) | −$18,598,000 |
| Texas state income tax | $0 |
| Medicare tax (1.45% + 0.9% above $200K) | −$1,183,000 |
| Social Security tax (6.2% up to $184,500) | −$11,000 |
| Estimated yearly take-home | ~$30,608,000 |
| NBA salary (2026-27) | $16,868,246 |
| Federal income tax | −$6,191,000 |
| Medicare + Social Security | −$406,000 |
| Estimated 2026-27 take-home | ~$10,271,000 |
Same $50.4 million salary, different team. Federal tax and Medicare are the same everywhere; state income tax is what changes.
| Team / State | State Income Tax | Kept per Year |
|---|---|---|
| San Antonio Spurs (Texas) ★ | $0 | ~$30.61M |
| Utah Jazz (Utah) | ~$2.24M | ~$28.37M |
| Chicago Bulls (Illinois) | ~$2.49M | ~$28.11M |
| Milwaukee Bucks (Wisconsin) | ~$3.85M | ~$26.76M |
| Minnesota Timberwolves (Minnesota) | ~$4.96M | ~$25.65M |
| Washington Wizards (DC) | ~$5.40M | ~$25.21M |
| LA Lakers / Warriors (California) | ~$6.67M | ~$23.93M |
Estimates on a $50.4M salary, single filer, 2026 rates. Jock tax on road games and city taxes are not included.
The formula: (days worked in a state ÷ total working days) × salary × that state's tax rate.
Example: 4 road games in California puts about 4 ÷ 82 × $50.4M ≈ $2.46M of his salary in California. At California's top rate of 13.3%, that's roughly $327,000 owed to California.
Why it stings more in Texas: players in taxing states get a home-state credit for road-game taxes. Texas has no income tax, so there's nothing to credit against. Every road-game tax bill is an added cost.
Even so, a Spurs player keeps far more than a player on the same salary in California, where every home game is taxed at 13.3%.
His reported 5-year, $252 million extension averages about $50.4 million a year. After federal income tax (about $18.6M) and Medicare and Social Security (about $1.19M), and with no Texas state income tax, he keeps about $30.6 million a year, roughly 61 cents of every dollar.
Wembanyama signed a 5-year maximum rookie-scale extension with the San Antonio Spurs in July 2026, reported at $252 million (about $50.4 million a year) with a player option in the fifth year. The Spurs did not announce the financial terms. The extension starts in the 2027-28 season. Spotrac lists it at $255.2 million because the exact amount depends on future salary caps.
This season he is still on the fourth and final year of his rookie contract: a base salary of $16,868,246, per Spotrac. After federal tax and Medicare and Social Security, he keeps about $10.3 million of it. The big raise starts in 2027-28.
No. Texas has no state income tax, and its constitution now bans one. That saves him about $6.7 million a year compared with playing the same contract for a California team. He still owes income tax to other states for road games played there (the jock tax).
On $50.4 million a year, California's income tax would take about $6.7 million. In San Antonio he keeps about $30.6 million a year versus about $23.9 million in California, a gap of roughly $33 million over the 5-year deal, before jock taxes.
Yes. NBA players owe income tax to each state where they play road games, based on the share of their working days spent there. For example, 4 road games in California would put about $2.46 million of a $50.4 million salary in California, roughly $327,000 in California tax. Because Texas has no income tax, there is no home-state credit to offset it.
The terms aren't public. ESPN reported in July 2026 that he signed a long-term Nike deal that includes his own signature shoe, and he has been a Louis Vuitton ambassador since 2024. Estimates of his yearly endorsement income range from about $15 million to $25 million, but none of those figures are confirmed, so they are not included in the numbers on this page.
At an average of $50.4 million a year, he would keep about $153 million of the $252 million over five years after federal tax and Medicare and Social Security, assuming he stays a Texas resident and tax rates stay the same. The exact figure depends on the salary cap each year.
Same federal tax and FICA as Wemby, no state income tax. See your own take-home pay in Texas, or compare it with any other state.
Calculate Texas Take-Home Pay →Contract figures are as publicly reported; the Spurs did not disclose terms. Tax estimates use 2026 federal rules for a single filer and are illustrative. Endorsement income is not included. Not financial or legal advice.