Wall signs four-year extension with Wizards

WASHINGTON » John Wall signed his $170 million, four-year contract extension that owner Ted Leonsis said provides the Washington Wizards with long-term stability.

Team President Ernie Grunfeld announced the completion of the deal Wednesday. It begins in 2019-20 and includes a player option for 2023-24. Wall is the third player this summer to get a designated player “supermax” extension, joining Houston’s James Harden and Golden State’s Stephen Curry.

The Wizards now have their big three locked up. Earlier this offseason they matched a $106.5 million, four-year offer sheet forward Otto Porter Jr. signed with the Brooklyn Nets and last summer signed guard Bradley Beal to a $128 million, five-year contract that goes through 2020-21.

“Returning to the only team I’ve known in my professional career was an easy decision for me,” Wall said. “I understand my role as the leader of this franchise and I will continue to work hard to improve my game and make our team better.”