Free agency opens at midnight, and some of the big names will take a little time before agreeing to contracts. One deal that might get done very quickly after 12:01: an extension between the Wizards and Bradley Beal. According to NBA.com’s David Aldridge, the Wizards are going to work on locking up Beal (who is a restricted free agent) to a five-year max deal as soon as they’re legally allowed to, then focus on getting other deals done. Beal’s qualifying offer is around $7.4 million, and that will serve as his cap hold until the deal is official, which can’t happen until July 6. In the meantime, the Wizards will be able to get commitments from other free agents, and then sign the deals in an
In the days leading up to free agency, the Knicks have been seen as the strong favorites to sign Joakim Noah. The Vertical‘s Shams Charania is reporting that the two sides are progressing on a four-year, $70 million deal, which could get done in the immediate future: The annual dollar amount isn’t much of a surprise, but the four years is a massive risk given Noah’s age and injury history. But he’s close with Derrick Rose and has ties to New York, so it’s no surprise to anyone that this is the direction these talks are going. Still, that’s a lot of guaranteed money for Noah at this point in his career.