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Beal, Wizards agree to 2-year, $72M extension

In a commitment carrying league-wide ramifications, Washington Wizards All-Star guard Bradley Beal has agreed to extend his deal for two years on a $72 million maximum contract, agent Mark Bartelstein of Priority Sports told ESPN on Thursday morning.

Beal's extension, which begins with the 2021-22 season, includes a player option for 2022-23 that keeps him out of free agency for three more seasons -- and guarantees him nearly $130 million over four years.

Assuming that Beal, 26, declines his player option upon reaching 10 years of service in 2022 to re-sign with Washington, he would be eligible to sign the largest contract in NBA history: five years for $266 million.