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NBA free agency 2022: Bradley Beal to remain with Washington Wizards for $251 million

Three-time NBA All-Star Bradley Beal has agreed to a five-year, $250 million contract to remain with the Washington Wizards, the team that drafted him third overall in 2012, according to ESPN's Adrian Wojnarowski.

Beal declined a $36.4 million option with the Wizards on the 2022-23 season to enter free agency. Beal and Wizards executive Tommy Sheppard previously expressed optimism that his new contract would get done.

"As far as I'm concerned, I'm here," Beal said this past March of remaining in Washington, to which Shepard added in April, "I feel every indication he's given me is that he wants to be here moving forward.