The Washington Wizards have completed Year 3 of their rebuild, ending a “deconstruction phase” that included countless trades, six first-round picks and 196 losses.
General Manager Will Dawkins said the team will “try to compete” next season, but hesitated to provide greater expectations. It appears Washington will use the 2026-27 season as an evaluation year, one to identify which young pieces to build around, which veterans should stick around and more.
But first comes the 2026 offseason — an important period that could shape the franchise’s next decade of contention. Washington owns a top-five pick in the upcoming draft, which has a 52.1% chance of improving to a top-four pick, plus two others in the second round.
While the draft is important, it’s far from the only marquee event from now until opening night in October. Below is a full breakdown of the key dates surrounding Washington’s rebuild this offseason.
May 10: NBA Draft Lottery
Washington’s pick odds at the upcoming NBA Draft Lottery are as follows:
- 1st pick: 14.0%
- 2nd pick: 13.4%
- 3rd pick: 12.7%
- 4th pick: 12.0%
- 5th pick: 47.9%
The NBA’s worst team hasn’t landed the No. 1 pick since the league switched to its current lottery system in 2019. The last time the worst team got the top pick was in 2018 when the Phoenix Suns selected Deandre Ayton.
May 10-17: NBA Draft Combine
The draft combine is a weeklong event held in Chicago. It’s an opportunity for league executives, coaches and scouts to evaluate players’ weight, height, athleticism, shooting and more while they compete against their fellow prospects.
May/June: Pre-draft workouts
The period between the draft lottery and the draft itself consists of speculation, mock drafts and more. But for teams, it serves as a six-week period to host group and individual workouts with the draft’s top prospects.
Under Dawkins and Monumental Basketball President Michael Winger, the Wizards have been discreet throughout the pre-draft process. While some teams post their workout participants to social media, Washington keeps its information close to the vest.
June 23: Round 1 of the NBA Draft
The Wizards finished with the NBA’s worst record, which means they can pick no lower than No. 5 in this year’s draft. The consensus top-four in this draft have separated from the rest on most big boards, with a cluster of talented guards entering the conversation at the fifth pick.
The consensus top-four prospects, in no particular order, are as follows:
- AJ Dybantsa, F, BYU
- Darryn Peterson, G, Kansas
- Cameron Boozer, F, Duke
- Caleb Wilson, F, North Carolina
Prospects Washington could target at No. 5, should that be their pick:
- Darius Acuff, G, Arkansas
- Keaton Wagler, G, Illinois
- Kingston Flemings, G, Houston
- Mikel Brown, G, Louisville
June 24: Round 2 of the NBA Draft
Washington owns the following picks in the second round:
- No. 51 (via Minnesota)
- Acquired from Detroit in a 2024 trade that sent Danilo Gallinari and Mike Muscala to the Pistons for Marvin Bagley III, Isaiah Livers, and 2025 and 2026 second-round picks.
- No. 60 (via Oklahoma City)
- Acquired from San Antonio in a July 2025 trade that sent Kelly Olynyk to the Spurs for Malaki Branham, Blake Wesley and a 2026 second-round pick (least favorable of DAL/PHI/OKC).
Fun fact: The last second-round pick the Wizards signed to a second contract before Dawkins became GM in 2023 was Shelvin Mack, who was selected in 2011.
Washington has signed both of its second-round picks under Dawkins — Jamir Watkins and Tristan Vukcevic — to second contracts.
- Tristan Vukcevic: 2 years, $6M — team option in 2027-28
- Jamir Watkins: 1-year, $2.15M — team option in 2026-27
June 29: Deadline to pick upoptions
- Trae Young’s player option ($49M)
- D’Angelo Russell’s player option ($5.97M)
- Watkins’ team option ($2.15M)
- Submit two-way qualifying offer to Sharife Cooper
While Young has a $49 million player option for the 2026-27 season, it’s widely expected that the veteran guard will decline that option and instead ink a multi-year extension to remain in Washington.
With Russell’s buyout market reportedly “nonexistent,” the 30-year-old guard could opt into his player option to remain a Wizard next season. A buyout is still possible, as Russell never reported to the Wizards following a February trade that sent him from Dallas to Washington.
June 30: Team negotiation period begins
Teams can negotiate with free agents during this window. Contract terms will be reported but nothing will be official until free agency begins six days later. Expect to see plenty of breaking news by Shams Charania of ESPN during this timeframe.
July 1: Bilal Coulibaly and Cam Whitmore become rookie extension eligible
An extension for Whitmore, who missed most of the 2025-26 season with deep vein thrombosis in his shoulder, is unlikely. But his fellow 2023 draft pick, Bilal Coulibaly, is poised for a payday.
Coulibaly’s stats — 11.7 points and 4.3 rebounds per game on 31.9% 3PT — don’t stand out. If anything, they were a bit underwhelming for the third-year wing. But Coulibaly’s defensive prowess, an ability to mark the opposing team’s best player while providing switchability in guarding one through four, is coveted across the association.
Dawkins has a history of extending Washington’s first-round picks once they become extension eligible.
In 2023, he gave Deni Avdija a 4-year, $55 million extension that looks like one of the league’s best contracts. Now, Dawkins later dealt Avdija to Portland, but that’s a discussion for another story.
Dawkins also extended Corey Kispert before the 2024-25 campaign, giving the sharpshooting wing a 4-year, $54 million payday. If history repeats itself, Dawkins appears poised to extend Coulibaly, his first draft selection as Washington’s GM, later this offseason.
Should a deal materialize, look for it to be signed closer to opening night in October, as each of the previous extensions were. Avdija was extended on Oct. 22. Kispert inked his extension on Oct. 21.
July 6: Teams can officially announce signings
The Wizards conducted free agency before this year’s trade deadline, acquiring big names like Young and Anthony Davis, among others. Here’s a breakdown of those contracts for the 2026-27 season:
- Trae Young ($49M player option — extension candidate)
- Anthony Davis ($58.5M)
- Jaden Hardy ($6M)
- D’Angelo Russell ($5.97M player option)
July 9-19: Summer League
Summer League is scheduled for July 9-19. Expect second-year players Tre Johnson, Will Riley, Jamir Watkins and Julian Reese to suit up in Las Vegas. Those players will be joined by the Wizards’ 2026 first-round pick, plus any other selections they make on draft night.
