Bradley Beal has signed a two-year, $72million contract extension with the Washington Wizards, according to his agent Mark Bartelstein.
All-Star guard Beal has been at the centre of hypothetical trades for months, but the Wizards have seemingly made it clear they have no interest in letting him go – though they are yet to confirm an agreement.
According to ESPN, the extension will begin in the 2021-22 season and includes a third-year player option for 2022-23. The deal guarantees the 26-year-old $130m over four years.
"Brad has always made it clear to me, that in a perfect world, he would never leave Washington,” Bartelstein told ESPN.
"He has felt an obligation to be the focal point in turning the Wizards into an elite team. He's thrilled about all the resources that [team owner] Ted [Leonsis] is pouring into the franchise and thrilled how committed [Leonsis] and [general manager] Tommy [Sheppard] are to building something special."
A recent report from The Washington Post suggested there was growing belief Beal would leave the Wizards, but he has been convinced to remain.
"Washington is where I've been the last seven years, going on eight. It would be great to play in one place forever," Beal told The Washington Post in June.
Beal averaged 25.6 points, 5.0 rebounds and 5.5 assists in 82 games for the Wizards last season. He shot 47.5 per cent from the field and 35.1 per cent from three-point range.