NBA Rumor: Bradley Beal Extension?

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The Wizards made sweeping changes to their front office and coaching staff over the summer. They also reworked their roster to create financial flexibility and replace veterans with young players that present upside. What the Wizards had to sell Beal on was a view of the future that can’t necessarily be proven in the short-term. Beal had a lot to consider ahead of the Oct. 21 deadline to make his decision, but ultimately gave all sides the go-ahead to strike a deal. “I just felt comfortable with where we were going,” Beal said. “I talked to Ted and they kind of projected the future and gave me the layout of what we can do in the future.”


2 years ago via ESPN

As part of the extension, Bradley Beal has a 15% trade kicker. The guard also has unique language when it comes to the player option in 2022-23. From when the extension is signed and until June 2023, Beal can decline or exercise the option. Because a player option is excluded when factoring in the value of the trade bonus at the time of the trade, opting-in to the last year would increase the bonus owed. The trade kicker could range between $6-9M. Beal is not eligible to be traded until after the 2019-20 season because the first year of his extension is greater than 5% from his 2020-21 salary.

Wizards extending Bradley Beal

In a commitment carrying league-wide ramifications, Washington Wizards All-Star guard Bradley Beal has agreed to extend his deal for two years on a $72 million maximum contract, agent Mark Bartelstein of Priority Sports told ESPN on Thursday morning. Beal’s extension, which begins with the 2021-22 season, includes a player option for 2022-23 that keeps him out of free agency for three more seasons — and guarantees him nearly $130 million over four years.

“This was a long process that really covered the entire summer and fall, including numerous conversations and meetings among Ted, Tommy, myself and Brad,” Bartelstein told ESPN. “This was probably going to be the most important decision that Brad was going to make in his career and we wanted to give Ted and Tommy every opportunity to present their vision for the franchise. And they’ve genuinely done a wonderful job of getting Brad excited about the future and how they plan to build the Wizards team around him.
2 years ago via ESPN

Adrian Wojnarowski: “Bradley Beal has two years left on his deal and the Wizards have not given up hope on signing him to an extension. They have had a three-year, $111 million extension on the table for him to take in any form. Does he want two years, three years? Any form he wants… it is they’re waiting for him. They are nowhere near the idea of moving Bradley Beal. They want to continue to try to rebuild around him, get John Wall back healthy, but because there are no big unrestricted free agents this summer… You know in 2021 Giannis Antetokounmpo is out there, but only one team can get him. Bradley Beal if he got on the market would bring back an absolute ransom because if you want to improve your team in a dramatic way, he’d be the guy. But Washington is not doing that. They still want to re-sign him.”

But from the way Beal was talking during Monday’s media day, there’s one thing for certain: No matter what he elects to do, his thought process will go beyond the money. “I can really retire today and be OK. … So, I want everybody to understand, it’s not the money. It’s not the money factor here,” Beal told The Athletic. “It’s me. It’s, OK, what’s the direction the team’s going in? Are we gonna win? Is this what we want? “We know that this is probably gonna be a development year. It’s gonna be one of those types of years. So, does Bradley Beal wanna be a part of that ultimately? And that’s something I have to ask myself and something I’m probably still not done asking myself. So, I’m gonna use all my time until I can.”

Beal insists he’s barely thought about the three-year extension the Wizards offered on July 26, the first day they were eligible to put the contract in front of him. He has since witnessed the birth of his second son, Braylon, who he says has been his concentration. “I’ve been thinking about that and just honestly letting my agent and (chairman) Ted (Leonsis) and (general manager) Tommy (Sheppard) just kinda work through those details,” he said. “The deal’s on the table, but I’m definitely taking my time and just evaluating what’s best for my family. I still have two years on my deal, so I’m not in no type of rush.”

“This league is wide open,” one person who works in a rival front office said via text message. “Take any of the what, eight contenders, right now. I think if you add an All-Star to any of them, they become the title favorite. Everyone is hungrier than ever to win. Sure you could trade for Kevin Love, Blake (Griffin), maybe (DeMar) DeRozan, but they all come with question marks. Bradley Beal fits on every team. He’s 26 with two years left under contract and you’d expect him to be available soon.”

A source close to Beal said he would be surprised if Beal accepts the extension offer by the Oct. 21 deadline and instead expects him to see how things go with the Wizards this season before making any decisions on his future. Beal — who feels some measure of loyalty to the Wizards, according to the associate — has not given the Wizards any indication that he wants to leave, and the Wizards would not consider making him available in trade talks unless it becomes clear to them that they would lose him in free agency in 2021.

Bradley Beal: Not thinking extension

So what is Bradley Beal thinking about his contract extension? Nothing, he told NBC Sports Washington’s Chris Miller in the latest episode of Wizards Talk podcast. “Honestly you might slap me, but I haven’t thought about it,” Beal said. “I’m just getting better and letting my agent, Tommy [Sheppard] and everybody else deal with it. “I just go hoop. Every day I see somebody and they ask ‘Beal, you leaving?’ and I’m like ‘I’m still living in D.C., I ain’t going nowhere.'”

“I think he will sign it,” Wall said at his annual backpack giveaway on Saturday in Prince George’s County, MD. “Brad’s a very smart guy. He’s going to make the best decision for himself and the organization. He enjoys D.C. I mean, he won the Community Assist Award for all the things he did here. He loves playing with me.”

David Aldridge: So, bookkeeping: the Wizards made their three-year, $111 max extension offer to Bradley Beal today, the first day they’re eligible to do so, per sources. Beal, unsurprisingly, is not signing it immediately, if at all. While grateful for the gesture, and while wanting to not abandon the team as it approaches a likely rough season, obvious questions remain about the team’s short- and long-term plans during the prime of his career. And Beal also remains eligible for the much more lucrative supermax after next season, if he makes one of the three all-NBA teams for Washington after next season. The sides will continue what have been amiable discussions next week.

There has been no mystery for the Wizards and their intentions to offer All-Star shooting guard Bradley Beal a contract extension this Friday, July 26, the first day that they can. General manager Tommy Sheppard told ESPN their plan to offer Beal the full max, projected at $111 million over three years, a contract that would begin with the 2021-22 season. Wizards managing partner Ted Leonsis then reiterated as much following the team’s press conference on Monday to introduce their new front office leadership.

“I talk to Bradley all the time. I’ve previewed everything that we’re doing all along the way. But I don’t expect Bradley — just like you shouldn’t expect me to do an interview with someone in two hours and say, ‘Okay!’ I’m not going to be waiting there, Tommy’s not going to be waiting there for a signature,” Leonsis said. “He’ll want to meet all these people. He’ll want to see what our plans are. But Brad knows he’s respected, he’s loved and we’re committed. And I’m hoping that he believes in this new NBA where it’s two players and a great rotation that ‘Why not us?’
2 years ago via ESPN

Beal, 26, has until Oct. 21 to sign the extension, which would start with the 2021-22 season — a decision that agent Mark Bartelstein indicates that Beal will need time to consider. “There are moments in a career where there are big decisions to make, and Brad will work through everything and figure out the right thing to do,” Bartelstein told ESPN. “There are nothing but great feelings for Ted [Leonsis], Tommy and Scott [Brooks]. They’ve treated Brad wonderfully.”

Beal has another decision looming this week, as the Wizards can offer Beal a three-year, $111 million contract extension on Friday. Although Bartelstein said he and Beal have remained in contact with newly appointed general manager Tommy Sheppard as well as Ted Leonsis, there is no rush to come to an agreement on the upcoming offer. “We’ll talk to the Wizards. We’ve been talking to the Wizards. Those are things we have to figure out in terms of what’s the right thing for everyone,” Bartelstein said. “We’re not locked in on specific dates in terms of all that. There’s nothing that needs to be decided at this moment. There’s a lot for Brad to consider. Ted and the entire Wizards organization have been nothing but spectacular to us.”

A trade seemed like the farthest thing on Beal’s mind at the NBA Summer League. He squeezed in quality time with the Wizards before jetting to Atlanta to support his own AAU team. Inside Thomas & Mack Center on UNLV’s campus, Beal laughed easily and appeared relaxed, not at all stressed about his future. Still, many within the NBA wonder if this happy scene will merely stay in Vegas. “If he doesn’t accept [the extension],” said a rival general manager, “it will be a big blow to Washington.”

Bradley Beal open to extension talks

Beal, who has two years remaining on his five-year, $127 million contract, told The Washington Post that he was “definitely” open to discussing an extension. “I have thought about it but I haven’t really full-out processed it,” he said, in an interview at the Barker Hangar following his award presentation on Monday. “I still have two years left. We just drafted Rui [Hachimura] and I want to see what we do in free agency before I make the ultimate decision. I haven’t even been offered it officially. Until that happens, I’ll wait and think about it. I’ll have an ample amount of time to process everything and make a decision when the time is right.

The Wizards could, in theory, sign Beal to a supermax and just deal with it later. They would have two full seasons before the contract begins. By then, Wall should be healthy and have at least a full year of games under his belt and maybe more if he returns next season. But delaying the inevitable is not a sound strategy. If extending Beal backfires either as a singular move or in conjunction with Wall’s deal, it could strap the franchise for many years to come. All of this makes a supermax offer in the event Beal becomes eligible potentially a decision so massive it could be the most important call the next GM makes in their entire tenure in Washington. And that GM may have to make that decision within months of taking the job.
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July 31, 2021 | 3:05 am EDT Update
Here’s what Wojnarowski reported on ESPN’s morning show ‘Get Up’: “Philadelphia is still asking for a lot. Teams are not willing to be strip-mined to trade for Ben Simmons. They’re going to continue to try and find a way, to see if there’s a deal here as free agency starts. You kind of get another cycle of deal-making here. But he’s four years left on his deal, they’re not going to just give him away in Philly. Whatever they get back for him, they’ve got to believe it continues to make them a championship contender. But they’d like to get a deal done before training camp.”
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