The Washington Wizards have agreed to a 2-year, $72 million contract with shooting guard Bradley Beal.
The extension would lock in with the 2021-2022 season and includes a player option in 2022-2023.
Beal, 26, is guaranteed to make almost $130 million over the next four seasons.
This extension gives Beal a path towards receiving the richest contract in NBA history.
According to Woj, Beal could decline that player option in 2022 (as is his right when he reaches 10 years of NBA service) and re-sign with the Wizards for a whopping five-year, $266 million contract.
Beal would earn 68 million more than he would get if he decided to leave the Wizards to sign with another team.
It’s a business decision for Beal at this point, especially since the Wizards won’t make any noise in the near future.