Washington Wizards, John Wall Open Contract Negotiations

Washington Wizards point guard John Wall began to turn it on near the end of last year, so it shouldn’t come as a major shock that the team is opening contract negotiations with him before the start of the season. After this year, Wall is set to hit the open market as a restricted free agency and it would be a surprise if he wasn’t looking for max dollar.

So, before he gets that opportunity, the Wizards would be wise to lock up their star before he gets as taste of what his market value may be.

From J. Michael at CSNWashington.com:

"The Wizards have begun talking with John Wall’s agent, Dan Fegan, regarding an extension before the regular season, CSN Washington has learned.Wizards president Ernie Grunfeld wouldn’t comment on whether or not he expected an agreement to be consummated quickly, but if how quickly he moved in free agency is any indication he’d like to get it done sooner rather than later. Grunfeld locked up Eric Maynor, Martell Webster and Garrett Temple in the first three days of the free agency."

It is possible that the Wizards could throw a max deal at Wall, which would pay him nearly $14 million a season, but that would be considered overpaying by most people’s standards.

What Washington really needs to do now is sit back and determine just how valuable they view Wall moving forward. If they want to do everything in their power to keep him happy and with the Wizards, then overpaying may be just what they need to do.