Bradley Beal committed to the Washington Wizards, ending a months-long negotiation while keeping options to hit free agency in the near future on the table for the coveted All-Star guard.

"Bradley embodies the type of high-character, team-first player that we want to have representing our fans and our city and we're very happy to sign him to this extension," said Wizards owner Ted Leonsis.

The team did not release contract figures, but ESPN first reported Thursday that Beal and the Wizards had a two-year, $72 million deal in place. The deal also includes a player option for 2022-23 that would prohibit Beal from hitting free agency for three more seasons and brings the total value of his contract to almost $130 million over the next four years.