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Report: Beal very likely to opt out, re-sign with Wizards on 5-year deal

Justin Ford / Getty Images Sport / Getty

Bradley Beal appears to be staying put in the nation's capital.

The Washington Wizards star will very likely decline his $36.4-million player option for next season and re-sign on a new five-year, $248-million contract, ESPN's Adrian Wojnarowski reports.

Washington selected Beal third overall in 2012. The Florida product has spent his entire 10-year career with the Wizards. He's the franchise's all-time leader in three-point field goals and trails only Hall of Fame big man Elvin Hayes in points scored.

Beal has earned three All-Star selections and one All-NBA nod during his time in Washington. After posting two straight runner-up finishes in the NBA scoring race, his production took a hit last season.

The 28-year-old averaged 23.2 points, 6.6 assists, and 4.7 boards while shooting a career-worst 30% from deep over 40 appearances. Beal's 2021-22 campaign ended in February after he underwent left wrist surgery.

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