[Woj] Bradley Beal agrees to 2-yr extension

[giberish]

His extension means he cant be traded for a year so he wont be moved this season.

Exactly.

And since he's staying this season, he might as well stay when John returns. Wall might be able to return to his former level, but more likely he'll just be a serviceable starter. Whatever it is, Brad signing says he'll willing to hold down the fort for now, and see what his former compadre can do.

He's obviously not waiting for a supermax, even though I always thought that was a pipe dream in Washington for him. But the fact that he signed bodes well for the Wizards long-term, and looks good on Beal.

I think Beal can legally be traded rather soon after this extension. There are different rules depending on the type of extension. Of course this does greatly reduce the likelyhood of Beal being moved as Washington no longer has the urgency of moving Beal before he walks.

I'd expect no major in-season moves for Washington. Play through the year and see where they are next summer in terms of youth and Wall.

[Mojo Amok]

His extension means he cant be traded for a year so he wont be moved this season.

Exactly.

And since he's staying this season, he might as well stay when John returns. Wall might be able to return to his former level, but more likely he'll just be a serviceable starter. Whatever it is, Brad signing says he'll willing to hold down the fort for now, and see what his former compadre can do.

He's obviously not waiting for a supermax, even though I always thought that was a pipe dream in Washington for him. But the fact that he signed bodes well for the Wizards long-term, and looks good on Beal.

I think Beal can legally be traded rather soon after this extension.

The offseason is the soonest that it would even be legal to trade Brad:

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I definitely don't see that as being even remotely likely, though.

[Illmatic12]

I'm shocked that Beal signed an extension.

This is just continued raises from his current 25% contract. He could have made more money signing a full 30% max deal as a FA.

Though getting a short deal means that he'll be eligible for a 35% max deal when this deal ends.

Yeah I think this is concern about the cap going forward and lining up for his vet max.

And with the veteran max he doesn’t have to qualify for All-NBA or anything, he gets it automatically.

So it’s more straightforward that way vs him going for All-NBA and praying to get enough votes

[marcush]

Good for Beal as it locks him in for 2 more gurenteed years of 25% max, mitigating risk of serious injury. Surprised more players don’t do this.

Good for Wiz as they keep their prime aged, plug and play all star for a further 1 year guaranteed. This also increases his trade value if they choose to rebuild.

[shrink]

With Beal off the table, who right now becomes the biggest available trade target for a championship-seeking team?

[queridiculo]

I'm shocked that Beal signed an extension.

This is just continued raises from his current 25% contract. He could have made more money signing a full 30% max deal as a FA.

Though getting a short deal means that he'll be eligible for a 35% max deal when this deal ends.

Beal is a 7 year vet going into his 8th season, this is a 30% max contract extension.

[nate33]

I'm shocked that Beal signed an extension.

This is just continued raises from his current 25% contract. He could have made more money signing a full 30% max deal as a FA.

Though getting a short deal means that he'll be eligible for a 35% max deal when this deal ends.

Beal is a 7 year vet going into his 8th season, this is a 30% max contract extension.

That's actually not true.

Beal didn't qualify for a Designated Player extension (since he didn't make All-NBA) so he can only get an ordinary extension. Ordinary extensions can be no more than 120% of the final year of the previous contract (which was based on a 25% max contract). In 2020-21, Beal was scheduled to make $28.7M, so his extension in 2021-22 is $34.5M (and an 8% raise after that to give him $37.3M in the 2022-23 option year).

If he had waited until his current contract was up in 2021 and signed a brand new contract as opposed to an extension, he could then have signed a 30% contract, which would have started at roughly $39M (based on projections of the salary cap).

Basically, Beal left about $4.5M on the table by agreeing to an extension now instead of waiting until Summer 2021. Of course, he also is getting the security of locking in $72M of guaranteed money even if he gets hurt or declines dramatically. And he puts an end to all the trade talk.

[the_process]

I think it makes a Wall trade more likely. You can't build around Beal with Wall on that roster.

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Exactly.

[nate33]

I think it makes a Wall trade more likely. You can't build around Beal with Wall on that roster.

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Exactly.

I think so too.

It's more likely now than it was before. There is now time to trade Wall for 2021 expiring contracts, and then use the cap room to add free agents in Summer 2021, all in time to field a competitive team before Beal can opt out in 2022. Prior to the extension, that type of move would be too big of a gamble because Beal could leave in 2021 before management could build a strong enough team to convince him to stay.

All that said, I still don't think a Wall trade is very likely. All of the indications from management (and from Wall and Beal) is that everyone is looking forward to running it back with Wall and Beal as the superstars once Wall gets healthy. They've even built a team with a 5-out offense ideally suited for a penetrate-and-dish PG like Wall.

[Laimbeer]

I think it makes a Wall trade more likely. You can't build around Beal with Wall on that roster.

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Now they have time for Wall to come back and see what he has left while Beal is still under contract. Any value Wall has is in his out years. They can at least semi-tank in the meantime.

[jbk1234]

I think it makes a Wall trade more likely. You can't build around Beal with Wall on that roster.

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Now they have time for Wall to come back and see what he has left while Beal is still under contract. Any value Wall has is in his out years. They can at least semi-tank in the meantime.

I think they absolutely have to wait until he takes the floor to trade him. I'm not sure they'll be able to put together a realistic package to offload him until he does.