Bradley Beal - Part III

[80sballboy]

My man! I told y'all we shouldn't panic and trade Beal. He's a special dude both on and off the court.

Last night, I took this photo of BB signing autographs at a player meet-and-greet for season ticket holders. No wonder he has a smile on his face. He's about to really get paid!

Time will tell whether this was a good move for the team. But it appears they may have better tools within the organization to surround him with quality players. However, with Wall and Beal's salary and Ted not really willing to go over the lux tax, they are going to need to find some cap-friendly free agents.

Have nothing against Brad. Seems like a great guy. Hope it works out for the team because we should be chasing titles and not playoffs. Right now, even with a healthy Wall next season, we're still behind Philly, Brooklyn, Boston, and Milwaukee. Possibly Indiana.

[DCZards]

My man! I told y'all we shouldn't panic and trade Beal. He's a special dude both on and off the court.

Last night, I took this photo of BB signing autographs at a player meet-and-greet for season ticket holders. No wonder he has a smile on his face. He's about to really get paid!

Time will tell whether this was a good move for the team. But it appears they may have better tools within the organization to surround him with quality players. However, with Wall and Beal's salary and Ted not really willing to go over the lux tax, they are going to need to find some cap-friendly free agents.

Have nothing against Brad. Seems like a great guy. Hope it works out for the team because we should be chasing titles and not playoffs. Right now, even with a healthy Wall next season, we're still behind Philly, Brooklyn, Boston, and Milwaukee. Possibly Indiana.

Ted will go over the lux tax when the time (and appropriate situation) comes. You can book it!

[Illmatic12]

My man!

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Called this a while ago. Ben Standig mentioned that Beal’s camp were the ones who approached the Wiz about extension talks . This wouldn’t have come out if Beal wasn’t thinking about staying , he could have demanded a trade months ago if that was the case.

[Wizardspride]

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[Wizardspride]

Social media is salty asf right now....

[Illmatic12]

I posted this on July 26th.

I've been thinking it over, and the best move for Beal is to sign a 1+1 extension (2nd year a player option). It's pretty much a no-brainer. The upsides are multiple and the downside is almost nil.

As it stands now, his existing contract ends in 2021, his 9th season, so that he's not eligible for a 35% max on his next contract. By extending his existing contract for one more year to 2022, he'll become an unrestricted free agent after his 10th season and he'll be eligible for the 35% max from any team with cap room. By making it a 1+1 extension, he gets the added security of another year of salary in case he has a catastrophic injury between now and 2022.

Another advantage is that, by 2022, there will be more more clarity on the Wizards' direction under their new GM. By then, we should know if Hachimura, Bryant, Brown and their 2020 (high) pick are legit starters/stars or merely rotation players. We'll know if John Wall is close to his old self, or maybe he'll be moved by then and the Wizards will be making a play for a max salary free agent in 2021 or 2022 to join Beal, Hachimura, Bryant, etc.

Finally, it resolves a lot of angst in the organization. An extension, even a short one, would silence all the troublemakers trying to stir stuff up. It says that Beal is dedicated to the organization within reason, but understandably isn't going to commit the rest of his life if the organization isn't doing it's part to get better.

The only downside to extending now would be if he makes All-NBA this season or next season. If he did so, he would miss out on the opportunity to sign a 35% supermax (with the Wizards only) that would kick in in 2021, a year earlier than his 10th season. But ultimately, that's only about $7M lost, and the benefits he gains are 2 years of injury insurance and the opportunity to hit the open market as an unrestricted free agent after his 10th season. Also, it's going to be very hard to make All-NBA on a team that will probably have 28 wins.

Nate, I don’t understand why the local media wasn’t covering this angle. I think people just didn’t understand the CBA and the different ways contracts can be structured . “There’s literally no reason for him to sign an extension now” we heard that so many times from people who hadn’t done enough research.

In fact, I actually messaged Fred Katz (I think it was him) on Twitter over the summer saying could he write something about how Beal can line himself up for the 10yr vet supermax and whether that angle was being discussed within his camp. Not a single person in the media ever touched on this.

It seems people were so invested in the “Player movement!” narrative and “where will Beal he traded to?” and didn’t examine the other possibilities why he would stay. Was definitely a major miss by the local and national media.

[nate33]

My man! I told y'all we shouldn't panic and trade Beal. He's a special dude both on and off the court.

Last night, I took this photo of BB signing autographs at a player meet-and-greet for season ticket holders. No wonder he has a smile on his face. He's about to really get paid!

Time will tell whether this was a good move for the team. But it appears they may have better tools within the organization to surround him with quality players. However, with Wall and Beal's salary and Ted not really willing to go over the lux tax, they are going to need to find some cap-friendly free agents.

Have nothing against Brad. Seems like a great guy. Hope it works out for the team because we should be chasing titles and not playoffs. Right now, even with a healthy Wall next season, we're still behind Philly, Brooklyn, Boston, and Milwaukee. Possibly Indiana.

Ted will go over the lux tax when the time (and appropriate situation) comes. You can book it!

Agreed.

He'll try and avoid the repeater tax, but that only kicks in if they're over the luxtax in 3 of the past 4 years. They missed the luxtax last year and they'll miss it this year. They'll probably be sure to miss it in 2020-21 (which won't be too hard with Mahinmi coming off the books, Beal still reasonably cheap, and every other relevant player on a rookie contract). That'll leave him free to pay the luxtax in 2021-22 and 2022-23, the last 2 years of Wall's contract, without paying the brutal repeater tax.

Heck, maybe Ted has already told Beal that he plans to use the money saved this year from Wall's insurance and apply it to the 2021-22 and 2022-23 seasons.

[Jamaaliver]

Welp...this certainly clears that up.

The extension, which is worth the maximum of $72 million, begins with the 2021–22 season and includes a player option for the 2022–23 season.

By declining the option in the summer of 2022, Beal would be eligible for free agency with 10 years of NBA service time, allowing him to sign either a record-setting five-year, $266 million contract with Washington or a four-year, $198 million deal with another team.

The contract also has ramifications for this season. Because his 2021–22 salary is more than 5% higher than his 2020–21 salary, Beal is ineligible to be traded this season, according to ESPN cap expert Bobby Marks.

SI.com



^Jamaaliver, eating crow!!!

[AWIZZINGBULLET]

Social media is salty asf right now....

What's it sounding like?

Is it the usual "overrated player" comments from non-Wizards' fans?

[Wizardspride]

Social media is salty asf right now....

What's it sounding like?

Is it the usual "overrated player" comments from non-Wizards' fans?

Not many comments about him being overrated.

Mainly just shock that he'll be a Wizard for the forseeable future.

Social media (non Wizards fans) bought into the narrative that Brad couldn't wait to leave DC, was eager to get away from John etc.

When they see things like this they don't know what to say.....

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[Jamaaliver]

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[Jamaaliver]

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[Wizardspride]

Social media is salty asf right now....

What's it sounding like?

Is it the usual "overrated player" comments from non-Wizards' fans?

Not many comments about him being overrated.

Mainly just shock that he'll be a Wizard for the forseeable future.

Social media (non Wizards fans) bought into the narrative that Brad couldn't wait to leave DC, was eager to get away from John etc.

When they see things like this they don't know what to say.....

Read on Twitter

?s=19

[Ruzious]

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Does that trade kicker mean anything - considering he's making the max? Isn't it rendered ineffective because it would push him over the max, and by definition you can't go over the max?

[payitforward]

Dame, Y'all...my geese got a bit pimpled on this one.

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Chris Miller mic drop...

Somebody tell him to get dressed before he video tweets!

[pcbothwel]

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Does that trade kicker mean anything - considering he's making the max? Isn't it rendered ineffective because it would push him over the max, and by definition you can't go over the max?

Correct. Just like Walls...non existent

[Jamaaliver]

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Does that trade kicker mean anything - considering he's making the max? Isn't it rendered ineffective because it would push him over the max, and by definition you can't go over the max?

Great question!!!

I had to look it up...

Teams are permitted to write a bonus called a "trade bonus" (sometimes referred to as a "trade kicker") into contracts. The trade bonus is paid by the team trading away the player.

A trade bonus cannot cause a player's salary to exceed the maximum salary, based on his years of service, during the year of the trade...

A player's salary added to his trade bonus cannot exceed the maximum salary for that season (based on his years of service). For example, in 2017-18 the maximum salary for a player with 7-9 years of service is $29,727,900. If such a player has a $28 million salary and a $2 million trade bonus, then his trade bonus is pared down to $1,727,900 when he is traded. This happens automatically -- the player has no say in the matter. The same is true for trades of rookie scale contracts that include a trade bonus. If the salary added to the trade bonus exceeds 120% of the player's scale salary amount (see question number 47) the trade bonus is reduced automatically when the player is traded.

CBA FAQs




Even after reading all that...I'm honestly not sure of the answer.

[Jamaaliver]

Does that trade kicker mean anything - considering he's making the max? Isn't it rendered ineffective because it would push him over the max, and by definition you can't go over the max?

Correct. Just like Walls...non existent

So...it sounds like Beal essentially just signed a one year extension with no applicable trade kicker?


Hmmmm....

[Jamaaliver]

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[nate33]

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Does that trade kicker mean anything - considering he's making the max? Isn't it rendered ineffective because it would push him over the max, and by definition you can't go over the max?

I don't think he is making the max, the 30% max that is. His current contract is based on a 25% max and I think he is simply having that extended with maximum raises (8%, I think). But that's a little less that what he would make if he waited until 2021 and then signed a new 1+1 contract (rather than an extension of his existing one). A new 1+1 contract signed in 2021 could be a 30% max deal.

I think you are right that that trade kicker in his 2021-22 season would be limited by the 30% cap. However the kicker for his 2022-23 (when he is a 10-year vet) could presumably bring his contract up to 35% of the cap.