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John Wall named to All-NBA Third Team, first All-NBA selection of career

John Wall named to All-NBA Third Team, first All-NBA selection of career

John Wall was one of the NBA's breakout stars during the 2016-17 season. His career-best performance earned the Wizards point guard All-NBA Third Team honors, the first All-NBA selection of his career. 

Here's the complete list of All-NBA selections from the league press release.

All-NBA teams are decided by the votes of 100 sports media members who vote for first, second and third teams. 

Note that Boston point guard Isaiah Thomas beat out Wall for second-team honors by a significant number in balloting, while other star point guards like Kyrie Irving, Chris Paul and Damian Lillard were left off all together. 

Wall fininished the 2016-17 regular season averaging 23.1 points, 10.7 assists, 4.2 rebounds and 2 steals per game. He was also named to his fourth All-Star team this year. 

Wall released a statement through the Wizards ackowledging the honors. 

It is a great honor to be named to the All-NBA team for the first time,” said Wall. “Although this is an individual award, I consider it to be a team accomplishment and a reflection of the success and improvement we had this season. I wouldn’t be in this position without the hard work that my teammates and coaching staff put in on a daily basis and without the constant support and love from my family.  On behalf of the team, I would also like to thank our amazing fans for being there for us all season – we all look forward to reaching new levels together for years to come.

MORE WIZARDS: Could Wizards draft a backup PG from their own backyard?

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Hawks All-Star Paul Millsap to opt out and enter NBA free agency, report says

Hawks All-Star Paul Millsap to opt out and enter NBA free agency, report says

What ESPN reported during the season will in fact come true, as Paul Millsap signaled his intentions to opt out of his contract with the Atlanta Hawks and become a free agent.

The newest report comes from Yahoo! Sports, who confirmed Millsap's plans. The 32-year-old will opt out of a deal worth roughly $21 million for the 2017-18 season as he aims for longer terms either with the Hawks or a new team.

Millsap, according to Pro Basketball Talk, could be in line for a contract that starts at $35 million per season. If he stays in Atlanta, that could be a five-year deal worth about $205 million. If he leaves to sign elsewhere, he could earn $152 million over four years.

It makes perfect sense for Millsap to opt out at this point given his age, the increase in the NBA's salary cap and the fact he's coming off another All-Star season. The 11-year pro averaged a career-high 18.1 points to go along with 7.7 rebounds per game this year in 69 games.

Millsap was the best player on a Hawks team that earned the fifth seed in the Eastern Conference. He can do just about everything well as a mobile big man who can shoot from the outside and work in the post. Last season he was named to the All-Defensive team, as well.

At this point odds are good he stays in Atlanta given their interest and the fact they can pay him more. But he will be one of the most highly sought after players in free agency. Either way, it's something to watch for Wizards fans as the Hawks are their biggest competitors in the Southeast Division. If anything, him leaving could mean less Millsap vs. Markieff Morris and we can all agree that is not a good thing.

[RELATED: Wizards hope to sign Wall to contract extension]

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Wizards hope to sign John Wall to contract extension this offseason

Wizards hope to sign John Wall to contract extension this offseason

The Wizards haven't reached out to John Wall yet, but they expect to discuss an extension this summer with the four-time All-Star since he was named to the All-NBA for the first time in his seven-year career.

An extension with Wall will be the top priority of the offseason in which Otto Porter is also a restricted free agent, league sources tell CSNmidatlantic.com.

Wall signed a five-year, $80 million extension in 2013 when the salary cap was just less than $60 million. The 2013-14 season was the final year of his rookie scale deal and then the last three years have been part of the extension. He has two years left.

After the collective bargaining agreement was renegotiated and approved earlier this year, a Designated Veteran Player Extension was added. It's another mechanism to help teams retain their own free agents because they can offer significantly more money -- and an extra year -- than another team that doesn't hold his Bird rights. 

[RELATED: How much did fatigue play a role in how the Wizards' season ended?]

That All-NBA selection means that Wall, who averaged a career-high in points (23.1), assists (10.7), steals (2.0) and field-goal accuracy (45.1%), qualifies for 35% of the cap instead of the standard 30% max. Previously, a player was required to be in the league 10 years to be eligible for 35%.

Wall can add up to four years of an extension on the two years that he has left for almost $170 million.

From league sources close to the situation, Wall wants to see a bigger picture plan on where the franchise is headed before committing for longer. The Wizards won 49 games this season and advanced to the conference semifinals for the third time in four years. 

The salary cap for 2017-18 is projected to be almost double of what it was four years ago at $101 million. Before settling on what to do with Porter's contract, the Wizards have to figure out if they can lock in their best player and go from there in the offseason.

[RELATED: John Wall knows what Wizards need to upgrade for next season]