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Wembanyama Says No to Prediction Market Deals

Caleb Tallman
Caleb Tallman Editor in chief
10/02/2026
Wembanyama Says No to Prediction Market Deals

Victor Wembanyama has no interest in joining the growing list of NBA stars working with prediction markets. The San Antonio Spurs star was asked Thursday whether he would consider becoming a spokesperson for a prediction market company, and he left little room for interpretation.

"Absolutely not. I will never do that," Wembanyama said. He added that he thinks it's "very sad" to see some players promoting the industry, while also acknowledging that other players can make their own choices.

Wembanyama Draws a Clear Line

Wembanyama's answer fits his selective approach to endorsements. He explained that money once played a bigger role in those decisions, but he has since turned down opportunities that didn't match his personal values.

The 22-year-old said he now wants partnerships that can have a positive influence. He believes NBA stars already make substantial money, while their ability to inspire people may be far more valuable. "I want to inspire in a good way," Wembanyama said. "That's the strongest thing I can do."

Other NBA Stars Have Taken a Different Path

Wembanyama's position stands out because prediction market companies have increasingly turned toward NBA stars to reach sports fans. Some of the league's most recognizable players now have financial or promotional relationships with companies operating in the space.

The current group includes:

  • LeBron James, who recently partnered with Polymarket
  • Giannis Antetokounmpo, who owns a stake in Kalshi
  • Other NBA players with relationships across the broader sports trading industry

James' Polymarket agreement has been reported at $15 million per year, while Antetokounmpo's Kalshi investment was described as a passive equity stake of less than 1%. Wembanyama didn't name either player while making his comments.

The NBA is Still Figuring This Out

These partnerships also create an interesting situation for the NBA. Players can have certain endorsement and investment relationships with prediction market companies, although league rules restrict promoting activity tied directly to NBA competition.

NBA Commissioner Adam Silver said earlier this year that the league was looking into the growing prediction market activity surrounding players. That conversation has become harder to ignore as companies such as Kalshi and Polymarket spend more heavily on sports partnerships and athlete marketing.

Wembanyama's comments introduce another perspective into that discussion. Instead of asking how much an athlete can earn from a prediction market partnership, he's questioning whether players should use their influence to promote the products at all.

Star Power is Becoming Part of the Competition

Prediction market companies aren't just competing through contract selection and technology anymore. They're increasingly competing for attention, and famous athletes can put a platform in front of millions of potential users almost instantly. That makes Wembanyama an especially interesting voice.

He's one of the NBA's biggest young stars, yet he's publicly taking himself off the board regardless of what a company might offer. His position doesn't mean other players will follow him. It does show that athlete partnerships may become part of a much bigger conversation about how prediction markets are marketed to sports fans.

The Trade Handle Prediction Markets Take

We've watched Kalshi and Polymarket increasingly use major athletes to push their brands into mainstream sports culture. Wembanyama's comments remind us that not every athlete will view those opportunities the same way. That's probably a conversation the prediction market industry should expect more often as these partnerships become more visible.

Big checks can attract big names, but athletes also have their own brands and audiences to consider. Wembanyama couldn't have made his position much clearer. Prediction markets may be becoming a bigger part of professional sports, but you shouldn't expect to see the Spurs star promoting one anytime soon.