De’Aaron Fox has agreed to an eye-watering maximum contract extension with the Spurs, according to a report.
Fox, 27, is a one-time All-Star selection and was traded to San Antonio last February.
And the organization has now invested in him even further as he agreed to a four-year, $229million extension with the team, according to ESPN’s Shams Charania.
Fox is set to earn just over $37million next season in the last year of the five year, $163million deal he previously signed with the Kings.
However, his new deal will place him into a new stratosphere financially, as his average annual salary of $57.25million will be the third-highest in the league.
Only Jayson Tatum, Giannis Antetokounmpo and Anthony Davis currently have a higher average annual salary.
De’Aaron Fox has received a massive payday from the Spurs after the team traded for him
After being dealt to the Spurs in a three-team deal, Fox played just 18 games for San Antonio before being shut down for the season due to a left pinky injury.
He averaged 19.7 points and 6.8 assists for San Antonio in a season which also saw his new teammate Victor Wembanyama sidelined by a blood clot in his right shoulder.
Ultimately, the Spurs finished 34-48 and missed the play-in – before striking gold in the Draft lottery.
San Antonio nabbed the No. 2 overall in the pick and later selected former Rutgers star Dillon Harper to pair with Fox in the backcourt.
Fox is expected to be ready for the start of next season after undergoing surgery on his finger.
