Report: Former Hawks All-Star Trae Young agrees to new deal with Wizards

Trae Young is getting the bag.

The former Hawks All-Star guard is on the cusp of a new contract with the Wizards that is reportedly worth more than $210 million over four years, according to ESPN’s Shams Charania.

The Hawks traded Young, 27, to the Wizards last season, in a deal that brought CJ McCollum and Corey Kispert to Atlanta. Last week, Young opted out of the final year of his contract — which would have paid him $49 million next season — as he was seeking a long-term deal.

ExploreThe Win Column: Thank you, Trae

He seems to have found that with the Wizards, who also acquired Anthony Davis and are looking to rebuild their roster. They have the No. 1 pick in Tuesday’s draft, where they’re expected to select BYU wing AJ Dybantsa.

Young was the No. 5 pick in the 2018 draft and was a four-time All-Star with the Hawks, including back-to-back selections in 2024 and ‘25.

He played just 10 games with the Hawks last season before the deal to the Wizards. Young played just five games in Washington and posted 15.2 points, 6.2 assists and shot 43% on 3-pointers.

According to Charania, the final year of the new deal will have a player option.

BREAKING: Trae Young intends to sign a four-year, approximately $212 million deal to stay with the Washington Wizards, with a player option in Year 4, sources tell ESPN. The four-time NBA All-Star declined his $49M player option for a long-term commitment ahead of free agency. pic.twitter.com/BAGANqomo0
— Shams Charania (@ShamsCharania) June 22, 2026

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