Victor Wembanyama has signed what will be the richest contract in San Antonio Spurs history, a five-year extension that could exceed $250 million if the player option in the final season is picked up, a person with knowledge of the negotiations has said.

Victor Wembanyama had a message for San Antonio Spurs fans on Friday while other NBA stars look for new teams as free agents -- "I'm here to stay. Whatever it takes."

Victor Wembanyama signed a long-term contract extension with the NBA San Antonio Spurs on Friday after telling supporters: "I'm here to stay. Whatever it takes."