After falling to the Philadelphia 76ers in the first round of the playoffs, Bradley Beal and the Washington Wizards will look to add talent to their roster this summer and improve. While the short-term goal is to build a more competitive team around Beal and Russell Westbrook, the Wizards also have some long-term business to iron out.
According to Chase Hughes of NBC Sports Washington, the Wizards will try to sign Bradley Beal to a contract extension this offseason as soon as he becomes eligible. Beal did sign a two-year extension back in 2019 with Washington but now can earn another huge payday.
Beal can sign a contract with the Wizards worth about $181.5 million over four years this offseason, which would bet him roughly 45.4 million per season.
Alternatively, he could wait until next offseason and sign for around $235 million over five years, which would pay him out closer to $47 million per season and also give him a longer deal.
Beal has a player option for the 2022-23 season, worth a projected $37.3 million, meaning he could become a free agent after next season if he wanted to. For the Wizards, it’s in their best interest to lock Beal in for as long as possible, as he continues to improve and just earned All-NBA Third Team honors at age 27.