WASHINGTON ¨C 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.

However, there is incentive to decline the option for the 26-year-old, as he can re-sign with the Wizards for an NBA-record $266 million over five years. In free agency, Beal, the third overall pick in 2012, would be able to sign for a maximum of four years, $198 million. If traded during the course of the deal, Beal would receive a 15 percent trade kicker.

In other NBA news, New Orleans Pelicans rookie standout Zion Williamson will miss the club¡¯s preseason finale because of right knee soreness, the team announced.

Williamson didn¡¯t travel with the team for Friday¡¯s road game against the New York Knicks. Williamson stayed behind to undergo further testing on the knee.

The Pelicans didn¡¯t list a timetable for his return. New Orleans opens the regular season Tuesday with a visit to the Toronto Raptors.

Meanwhile, the Los Angeles Lakers announced they have exercised the 2020-21 option on forward Kyle Kuzma¡¯s contract. He will reportedly earn $3.56 million that season.

The 24-year-old Kuzma could become a restricted free agent following that season if the two sides don¡¯t reach a long-term deal.

Also, two-time NBA All-Star forward Luol Deng retired after signing a one-day contract with the Chicago Bulls.

The South Sudan native played the first nine-plus seasons of his 15-year career in Chicago, followed by stints with the Cleveland Cavaliers, Miami Heat, Lakers and Minnesota Timberwolves.