Teams have until 6 p.m. ET on Oct. 19 to extend 2023 first-round picks, the day before the regular season opens.

Victor Wembanyama, Amen Thompson, Ausar Thompson, Keyonte George and Brandin Podziemski are the only extensions so far.

Wallace made All-Defensive last season and finished seventh in Defensive Player of the Year voting for Oklahoma City.

Talks near $25 million a year would push Oklahoma City deeper past the second apron and add roughly $150 million in luxury taxes over the deal's life.

Anthony Black faces the same clock in Orlando, where the Magic also weigh tax math against locking in a young defensive guard.

Photo by Brady Saylor, CC-BY-SA-4.0, resized.

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