Free agent 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 told ESPN on Monday.
Young, a four-time NBA All-Star, declined his $49 million player option Monday for a long-term commitment ahead of free agency.
The Wizards and Young's representatives -- CAA's co-head of basketball Aaron Mintz, agents Ray Young, Andrew Morrison and co-head of basketball Austin Brown -- land on a deal that will be less than the maximum for Young with Washington but equal to the max he could have signed for elsewhere.
Young -- who wanted a trade to one team only, the Wizards, in January -- is now stamping his desire to be in D.C. and elevate the team's rising young core of Alex Sarr, Kyshawn George, Tre Johnson, Will Riley, Bub Carrington and whomever they select at No. 1 on Tuesday.