Wizards star Bradley Beal is declining his $36.4 million player option and will become a free agent, per ESPN’s Adrian Wojnarowski. Beal will now be eligible to sign a five-year max deal with Washington or he can sign a four-year deal with another squad.
With the NBA’s salary cap reportedly raising to $123.6 million, this would mean a five-year max deal for Bradley would be worth $250.9 million, according to The Athletic’s Fred Katz. He would make $43.3 million in year one and $57.1 million in his fifth year.
Beal has spent his entire career with the Wizards and all signs point to him staying put. He was selected by Washington with the No. 3 pick in the 2012 draft and has since been named an All Star three times and was selected All-NBA Third-Team in 2021. It’s the only time in his career he was given All-NBA honors.
This past season, the 29-year-old averaged 23.2 points per game on 45.1% shooting from the field but only played in 40 games after undergoing season-ending wrist surgery. He also shot a career-low from behind-the-arc at just 30%.
Free agency is set to start Thursday at 6 p.m. ET.
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