Bradley Beal is getting paid.
On June 30, ESPN's Adrian Wojnarowski reported that Beal had agreed to sign a five-year, $251 million extension with the Washington Wizards, making him one of the highest-paid players in the NBA.
Beal declined his $36.4 million player option for the final season of his previous deal, locking up a long-term contract to remain in DC.
The 29-year-old is coming off a tough season with the Wizards, undergoing season-ending surgery on his wrist in March as Washington finished with a 35-47 record, 12th in the East.
In 40 games, Beal averaged 23.2 points, 6.6 assists and 4.7 rebounds on 45.1 percent shooting from the field and a career-low 30.0 percent from the 3-point line.
The 28-year-old has blossomed into the face of the franchise that drafted him with the No. 3 overall pick in the 2012 NBA Draft, committing himself to the Wizards despite only making one playoff appearance over the past four seasons.
Earlier this season, Beal indicated he wanted to be in DC for the long haul.
"This injury also gave me a mental break, a time to evaluate life, and I haven’t changed my mindset,” Beal said, via The Washington Post. “I enjoy being in D.C.; I enjoy being on this team.”
How much will Beal be paid? The Sporting News breaks down his deal.
Bradley Beal contract details
Beal's new deal with the Wizards will pay him a max of $251 million over five years.
$43.2
— Bobby Marks (@BobbyMarks42) June 30, 2022
$46.7
$50.2
$53.6
$57.1 https://t.co/VcDBoVqlN0
Beal's average salary will pay him $43.2 in the first year of the deal starting in 2022-23.
According to ESPN's Bobby Marks, Beal's new contract includes a no-trade clause. No other player in the league currently has a "true" no-trade clause.
Beal becomes only the 10th player to have a no trade clause joining LeBron, KG, Melo, Dirk, Kobe, DWade, Duncan, David Robinson and John Stockton.
— Bobby Marks (@BobbyMarks42) July 6, 2022
The contract also has a 15% trade kicker and player option in year 5. https://t.co/NcUmDcyUMM
Highest-paid players in the NBA next season
Beal's 2022-23 annual salary of $43.2 million ranks him as the fifth highest-paid player in the NBA for the 2022-23 season.
He is one of eight players making north of $42 million annually.
| Rank | Player | Team | 2022-23 Salary |
| 1. | Nikola Jokic | Nuggets | TBD |
| 2. | Stephen Curry | Warriors | $48.1 million |
| 3. | Russell Westbrook | Lakers | $47.1 million |
| 4. | LeBron James | Lakers | $44.4 million |
| 5. | Bradley Beal | Wizards | $43.2 million |
| 6. | Kevin Durant | Nets | $42.9 million |
| 7. | Paul George | Clippers | $42.9 million |
| 8. | Giannis Antetokounmpo | Bucks | $42.5 million |
| 8. | Damian Lillard | Trail Blazers | $42.5 million |
| 8 | Kawhi Leonard | Clippers | $42.5 million |
Biggest contracts in NBA history
Beal's deal is the second-largest contract ever signed in NBA history, behind back-to-back MVP Nikola Jokic's five-year, $264 million extension with the Denver Nuggets.
By total value, Beal's deal leapfrogs ahead of Stephen Curry's five-year, $215 million deal with the Warriors and Giannis Antetokounmpo's five-year, $228 million contract with the Milwaukee Bucks.
| Rank | Player | Team | Total value |
| 1. | Nikola Jokic | Nuggets | $264.0 million |
| 2. | Bradley Beal | Wizards | $251.0 million |
| 3. | Giannis Antetokoumpo | Bucks | $228.2 million |
| 4. | Stephen Curry | Warriors | $215.3 million |
| 5. | Luka Doncic | Mavericks | $215.1 million |
| 6. | Trae Young | Hawks | $215.1 million |
| 7. | Devin Booker | Suns | $213.7 million |
| 8. | Russell Westbrook | Lakers | $206.7 million |
| 9. | Rudy Gobert | Jazz | $205.0 million |
| 10. | Joel Embiid | 76ers | $195.9 million |
