On Thursday, the Washington Wizards announced their intent to enter contract negotiations with Bradley Beal for a new contract. This comes after a tweet by ESPN’s Adrian Wojnarowski that Beal will opt-out of his previous contract to sign a new five-year, $251 million contract to stay in Washington.
All-Star guard Bradley Beal has agreed to a five-year, $251 million maximum contract to stay with the Washington Wizards, his agent Mark Bartelstein of @PrioritySports tells ESPN.
— Adrian Wojnarowski (@wojespn) June 30, 2022
The value of the contract has risen slightly from $248 million due to a recalculation of the NBA’s revenues.