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Report: Wizards, Bradley Beal agree to five-year max contract

Washington Wizards v Atlanta Hawks

ATLANTA, GA - MARCH 21: Bradley Beal #3 of the Washington Wizards reacts during the game against the Atlanta Hawks at Philips Arena on March 21, 2016 in Atlanta, Georgia. NOTE TO USER User expressly acknowledges and agrees that, by downloading and or using this photograph, user is consenting to the terms and conditions of the Getty Images License Agreement. (Photo by Kevin C. Cox/Getty Images)

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The Wizards were going to give Bradley Beal a max contract. They stuck with that plan and stuck with it and stuck with it.

Now, everything is agreed upon.

Adrian Wojnarowski of Yahoo Sports:

Restricted free-agent guard Bradley Beal agreed to a five-year, $128 million maximum contract to stay with the Washington Wizards, his agent, Mark Bartelstein, told The Vertical.
The framework of the contract will be a straight five-year deal with no options, Bartelstein said.

Beal can’t sign until July 7, and the Wizards might wait longer to make the deal official. His cap hold is $14,236,685, and his max salary projects to be about about $22 million. Washington can spend the difference -- about $8 million -- then use Beal’s Bird Rights to exceed the cap while re-signing him.

The important part is getting Beal’s contract terms locked up, and that’s done.

The next steps:

  1. Add depth in free agency, reportedly with Ryan Anderson the top target.
  2. Keep Beal healthy. When on the court, he’s productive young player, but injuries have piled up. Admittedly, this is a much more difficult challenge than throwing money at Anderson.