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Bradley Beal and the Wizards are betting on each other that loyalty will pay off in the end

On Friday, the Washington Wizards held a press conference to formally announce the signing of Bradley Beal to a five-year, $251 million contract at Capital One Arena. Beal, General Manager Tommy Sheppard, and Head Coach Wes Unseld, Jr. were at Capital One Arena. Monumental Sports & Entertainment CEO Ted Leonsis was on Zoom.

Leonsis was the first to speak, noting that he wanted to “build a team that has upside and can improve” the Wizards. He also noted that Beal, the front office and himself are on the same page in terms of which direction they want to go:

At the conference, Beal announced that he was humbled by the contract.