The Wizards seem ready to put an end to Bradley Beal trade rumors by offering a contract extension to their All-Star guard. In a video tweeted by Wizards Film Room, ESPN’s Adrian Wojnarowski says Washington will make the three-year, $111MM offer when Beal becomes eligible next month.
If he were to accept the Wizards’ offer, a three-year extension would put Beal under contract for the next five seasons, which should be prime years for the 25-year-old. He posted career highs in points (25.6 per game), rebounds (5.0) and assists (5.5) while playing all 82 games this year.
Beal has been the subject of trade speculation in recent weeks, with the Pelicans and Lakers among the teams showing interest. There were thoughts that the Wizards might want to trim salary and start rebuilding in the wake of an Achilles injury to John Wall that might keep out all of next season. With Wall’s super-max contract running through 2022/23, he and Beal appear to be the foundation of the team for the foreseeable future.
The Wizards will be better equipped to handle Beal’s higher salary once Ian Mahinmi‘s $15.6MM contract and Dwight Howard‘s $5.4MM deal expire after next season, notes Mike Stearman of NBC Sports Washington. The team is expected to ease its cap crunch for next year by turning down Jabari Parker‘s $20MM option and may not re-sign free agent Bobby Portis.