Bradley Beal’s new five-year, $251 million contract with the Washington Wizards became official on Wednesday, and there’s an interesting aspect to it. Beal’s deal contains a true “no-trade” clause, according to ESPN’s Bobby Marks. This gives Beal the opportunity to veto any and all trades during the life of the contract. In other words, he would have to personally agree to any deal before the Wizards could move him, should they want to. Beal’s deal also includes a 15 percent trade kicker, and a player option on the fifth season, per Marks.
In order to qualify for such a no-trade clause, a player must be in the league for at least eight seasons, and he must have spent four of those seasons with his current franchise. Beal becomes the only current active player with a full no-trade clause, and just the 10th in history. The other players to have had the clause were LeBron James, Kevin Garnett, Carmelo Anthony, Kobe Bryant, Dirk Nowitzki, Dwyane Wade, Tim Duncan, David Robinson and John Stockton. Not bad company for Beal to join.
There was widespread speculation that Beal would walk away from Washington in free agency, but he maintained all along that D.C. is where he wants to be, and he proved that by putting pen to paper on a full five-year deal.
“I have been blessed to call the city of Washington my home and the Wizards organization and our fans my family for the last 10 years, growing as a player, a leader, a husband and a father along the way,” Beal said in a statement after his contract became official. “Today represents such a special moment in my life. I could not be more grateful to have the opportunity to continue to partner with Ted, Tommy, Wes and the entire organization in moving forward to achieve our dream of bringing championships to D.C. and, just as importantly, to help our community continue to accomplish amazing things together.”
Courtesy: CBS Sports