Wizards

Quick Links

What It Means: Wizards reportedly expected to make extension offer to Bradley Beal

bradley-beal-three-wizards-magic-usat.jpg
USA Today

What It Means: Wizards reportedly expected to make extension offer to Bradley Beal

Despite the litany of teams who would love to get their hands on Bradley Beal this offseason, Washington has so far remained committed to keeping Bradley Beal a Wizard.

And when he's eligible in July, they plan to offer him a three-year, $111 million extension, per ESPN's Adrian Wojnarowski.  

"He's eligible for a three-year, $111 million extension," Wojnarowski said during ESPN's televised mock draft special. "I'm told it's the team's intention to offer that up to him and try and move forward."

Keeping Beal long-term may wind up being a smart move, as NBC Sports Washington's Ben Standig wrote this week. The extension would lock Beal up for the next five years and secure him and John Wall -- once he's fully recovered from offseason Achilles surgery -- as the Wizards' backcourt for the foreseeable future. 

The offer may seem financially burdensome, considering the Wizards just signed John Wall to a massive supermax extension that starts this season. Although the Wizards are currently strapped for cash, there's hope on the horizon. Ian Mahinmi's $15.6 million deal and Dwight Howard's $5.4 million deal expire after the 2019-2020 season.

The Wizards could decline Jabari Parkers $20 million team option and let Bobby Portis walk in restricted free agency this offseason. If both those happen, the Wizards could open up cap space for Beal's extension.

Considering John Wall is out for likely the entire next season and the Wizards still don't have a GM, their best move might be to lock in what proven production they have.

MORE WIZARDS NEWS:

Quick Links

John Wall and Bradley Beal named in Forbes top 100 highest-paid athletes

John Wall and Bradley Beal named in Forbes top 100 highest-paid athletes

Forbes released an article Friday morning detailing "The World's Highest-Paid Athletes in 2020," and the D.C. House of Guards, Bradley Beal and John Wall, both made appearances. 

Beal, who signed a heavily discussed two-year, $72 million contract extension last offseason (which doesn't kick in until the 2021 season), came in at No. 96 ($2 million in endorsements, $20.3 million in salary). Wall cracked the top 50 (42) with $2.5 million in endorsements and $28.5 million in salary.

CLICK HERE TO SUBSCRIBE TO THE WIZARDS TALK PODCAST

"Figures include all prize money, salaries and bonuses earned between June 1, 2019, and June 1, 2020," Forbes said. "With the delayed seasons due to the coronavirus, we reduced overall NBA salaries 25%, based on our estimate for the maximum salary cut."

For the football crowd, it's also worth noting that former Redskins QB Kirk Cousins ranked ninth on the list ($2.5 million in endorsements, $58 million in salary).

Stay connected to the Capitals and Wizards with the MyTeams app. Click here to download for comprehensive coverage of your teams.

MORE WIZARDS NEWS:

Quick Links

NBA reportedly has targeted July 31 to return to play

NBA reportedly has targeted July 31 to return to play

NBA Commissioner Adam Silver has told the NBA's Board of Governors that the league has set July 31 as a target date to resume the 2019-20 season, according to Shams Charania of The Athletic.

The conversation was held on Friday during a conference call that was intended to discuss several return-to-play formats and a potential timeline for resumption of the season. 

Play has been suspended in the NBA since March 11 when Rudy Gobert tested positive for the coronavirus. Teams were nearing the end of the regular season with 15-19 games remaining on their schedules. Only the Golden State Warriors were eliminated from the playoffs.

CLICK HERE TO SUBSCRIBE TO THE WIZARDS TALK PODCAST

It is not clear how the NBA plans on returning. Going straight into the playoffs like the NHL has chosen to do, finishing a condensed regular season for 72 games, a group stage World Cup format, or a play-in tournament are all options on the table.

Earlier in the week, general managers expressed their interest in expanding the playoff field from 16 to 20-24 teams. However, they appear to be split on several other key issues.

Currently, the league is in discussions to hold the rest of the season at Disney's ESPN Wide World of Sports Complex. It would be a central location for all the games in a "bubble-like" environment. 

Stay connected to the Capitals and Wizards with the MyTeams app. Click here to download for comprehensive coverage of your teams.

MORE WIZARDS NEWS: