Rockets guard John Wall has exercised his player option for the 2022/23 season, with agent Rich Paul informing the team of the decision, per Shams Charania of The Athletic.

The move had long been expected, since the option will pay Wall a salary of $47,366,760 next season after he didn’t play a single game for Houston in 2021/22. There was no chance he’d come close to matching that figure if he opted out to become an unrestricted free agent.

Although Wall is now officially under contract for 2022/23, it’s unlikely that he’ll spend another full season under contract with the Rockets and away from the team. Charania reports (via Twitter) that the two sides are expected to make an effort to resolve Wall’s situation in the “near future.”