Brad Beal’s wallet is about to get a lot heavier.
The former Gators shooting guard, who averaged 14.8 points and started all 37 games in his lone season at UF, agreed to a five-year, $128 million maximum contract to stay with the Washington Wizards, his agent, Mark Bartelstein, told Adrian Wojnarowski of The Vertical.
Bradley Beal has agreed to a five-year, $128M-plus max contract to stay with the Wizards, agent Mark Bartelstein tells @TheVertical.
— Adrian Wojnarowski (@WojVerticalNBA) July 1, 2016
Wojnarowski first reported the agreement. Contracts can not be signed until July 8, although teams are free to negotiate with players.
The report states:
“The Wizards and Beal will likely wait for the organization to explore free-agency options before signing the agreement, sources said. The Wizards are expected to have roughly $25 million in salary cap space for free agency and continuing with Beal’s $14 million cap hold will allow them to have more space.”
Report: Wizards, Bradley Beal agree to five-year max contract https://t.co/AwI2gGXtpv
— Kurt Helin (@basketballtalk) July 1, 2016
The deal makes Beal, 23, the highest paid shooting guard in the NBA. Free agency began Friday.