Wizards Expected To Try To Extend Beal

It is anticipated that the Wizards will attempt to negotiate a new contract extension with All-Star guard Bradley Beal this offseason, a source tells Chase Hughes of NBC Sports Washington. Beal previously signed a two-year extension, worth nearly $72MM, in 2019 — it will take effect during the 2021/22 season.

As Hughes writes, should the two parties opt to get a deal done this season, the maximum value of such an agreement would be a projected $181.5MM over four years. If Beal decides to wait until the 2022 offseason, turning down his $36.4MM player option for ’22/23 and becoming a free agent, he could sign a new five-year contract with the Wizards worth a projected $235MM.

The heftier package would be available as a result of Beal having reached his 10th season of NBA play, and thus qualifying for a higher maximum salary. If he were to change teams at that point, he’d be eligible for a four-year deal worth a projected $174MM.

Beal enjoyed a stellar season in 2020/21, helping the Wizards return to their first playoffs since 2018. Across 60 regular season games, Beal averaged 31.3 PPG, 4.7 RPG, and 4.4 APG, while sporting a shooting line of .485/.349/.889.

Beal and his similarly expensive new backcourt mate Russell Westbrook guided the Wizards to a 34-38 record in the East, and qualified for the playoffs by winning one of their two play-in games. Washington would go on to fall 4-1 to the top-seeded Sixers in the first round.

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