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Today’s NBA News Roundup (July 12)

Wembanyama Signs 5-Year Spurs Extension

On July 11, 2026 Victor Wembanyama agreed to a five-year, roughly $252 million rookie-scale extension with the San Antonio Spurs, officially tying his future to the franchise. Reports say he opted for the 25% cap max without escalators — foregoing potential supermax earnings — to give the Spurs more roster and financial flexibility around the young core.

Heat Rout Bucks 119-86

The Miami Heat routed the Milwaukee Bucks 119-86 on July 11.

Celtics Edge Raptors in Overtime

The Boston Celtics edged the Toronto Raptors 83-80 in overtime on July 11.