The Wizards can extend Bradley Beal’s contract
NBA teams are allowed to designate one player for a five-year extension, but that was given to John Wall in 2013. The first year of that extension kicked in last season (25% of the cap at $14.746 million, per CBAFAQ.com), meaning Wall is signed for four more seasons in Washington (including this one) through 2018-19.
If the Wizards extend Beal by Monday’s just-before-midnight deadline, he is eligible to receive that four-year deal worth a maximum of 25 percent of the salary cap in the first season with max annual raises of 7.