Washington Wizards owner Ted Leonsis. Geoff Burke-USA TODAY Sports

As ESPN’s Bobby Marks previously relayed, Bradley Beal‘s new five-year, maximum-salary contract with the Wizards contains a no-trade clause — making him just the 10th player in league history to receive one. In addition to featuring a no-trade clause, Beal’s $251M deal includes a 15% trade kicker and a fifth-year player option, according to Marks.

At a press conference to announce the signing, owner Ted Leonsis defended the provisions that were added to Beal’s contract, writes Ava Wallace of The Washington Post.

“If you can show the industry, show the world that you can draft, develop, keep great players, that’s how you start to make your way to become a destination,” Leonsis said.

“There’s a lot of movement, a lot of non-partnership that you see around the league. And for there to be a public statement that essentially says, ‘We have a player that wants to be here and serve out his contract, as do we,’ that allows your general manager to plan, to be able to have the confidence that your best player, your bedrock player, is a part of the process. So that was something that we did, and when the player brings that to you — we’re not naive. I read the press on occasion, and I see what people are thinking. I didn’t take it as a point of leverage; I took it more as a point of partnership. All we can do is show you that we’re in this together.”

Beal’s ability to veto any trade over the span of his deal could make it extremely difficult for Washington to pivot if things go south, Wallace notes.

Here’s more on the Wizards:

  • Josh Robbins of The Athletic examines the team’s decision to give Beal a no-trade clause. Robbins says it shows how much the Wizards value — and likely overvalue — Beal, as well as Leonsis’ desperation to re-sign Beal and remain competitive, noting that the owner has been adamantly opposed to tanking in the past. As Robbins writes, if Beal decides to asks out at some point, he will have full power to veto a trade if it’s not to his preferred destination — even if the Wizards were hypothetically getting better value from another team.
  • In considering Beal’s new contract, Daniel Levitt of FiveThirtyEight.com comes to the conclusion that it leaves the Wizards stuck in mediocrity going forward. Beal’s loyalty to the Wizards is commendable, says Levitt, but his on-court production doesn’t match his large salary, per FiveThirtyEight’s RAPTOR wins above replacement statistic. As such, it’s hard to envision how the Wizards can become a legitimate contender with so much money tied up in Beal and Kristaps Porzingis the next couple of seasons, when neither player has shown the capability of being the best — or second-best — player on a championship-caliber team, according to Levitt.
  • Point guard Monte Morris, whom the Wizards recently acquired in a trade with Denver, is looking forward to teaming up with Beal, Robbins relays in another story for The Athletic. 

“I’ve always thought [Beal] was the best two-guard in the league,” Morris said. “I would tell our players he’s amazing, just how quick he is and can get off any shot. (He’s) athletic, and (with) his energy out there and will to win, I’m excited to play alongside him. I hope it’s the same (feeling) on his side. We’re going to get out in transition. I’m going to get him the ball where it needs to go, and that’s my job: to put us in the right situations and positions to be successful and play at a high level.”

More must-reads:

TODAY'S BEST
Broncos 'very unlikely' to bring back former NFL interceptions leader
Greg Olsen offers broadcasting advice to Tom Brady
Yankees' Juan Soto reacts to Hal Steinbrenner contract talk
Scottie Scheffler arrested, still makes PGA Championship tee time
Timberwolves chew up Nuggets to force Game 7
Rangers secure spot in conference finals after stunning third-period comeback over Hurricanes
Xander Schauffele makes history in first round of PGA Championship
Yankees' Hal Steinbrenner shares massive Juan Soto contract update
Steelers' Cameron Heyward addresses contract holdout
Knicks star ruled out for potential closeout game
Dodgers starter undergoes season-ending UCL surgery
Clemson’s Dabo Swinney gives smug response about not using transfer portal
Caitlin Clark's debut was most-watched WNBA game in more than 20 years
Watch: Chris Kreider's natural third-period hat trick shatters Hurricanes' comeback hopes
Veteran NFL safety will either play for this team or retire in 2024
Former Red Wings head coach linked to open NHL job
How Patriots' Drake Maye has already impressed Jacoby Brissett
LeBron James, Giannis Antetokounmpo, Stephen Curry among Forbes' highest-paid athletes for 2024
Steve Cohen addresses if Mets could again be trade-deadline sellers
Tiger Woods ruins strong first round with sloppy finish at PGA Championship