Much has been made about Beal’s status with the Wizards long-term. But in 2020, the 28-year-old was nearly part of another professional sports franchise, albeit not as a player.
Bradley Beal was involved in a bid to purchase the New York Mets
More and more, current athletes are dipping their toes into franchise ownership. Patrick Mahomes purchased minority shares in both the Kansas City Royals and Sporting KC. James Harden bought a stake in the Houston Dynamo. And if things went his way, Beal would be on that list too.
Beal partnered with Alex Rodriguez and Jennifer Lopez in an attempt to purchase the New York Mets in 2020. The St. Louis native joined other athletes including Travis Kelce, Brian Urlacher, Joe Thomas, and fellow NBA player Mason Plumlee. The group was able to put together a $2.3 billion bid, but it ultimately fell short of Steve Cohen’s $2.4 billion purchase.
Even though they never went into business together, Beal and A-Rod became friends after the Mets bid ended.
“I always viewed him as one of my favorite baseball players growing up and was a huge fan of his business goals and everything he’s created after baseball,” Beal told NBC Sports Washington. “I was definitely interested in just having a mentorship and a business relationship with Alex. He was the same way.”
Beal has been a fan of baseball since he was a kid. He played shortstop when he was younger, and to this day follows his hometown Cardinals.
Beal won’t rule out ownership down the road
Although he struck out on buying the Mets, Beal hasn’t given up completely. The star guard still has his sights set on eventually owning a team, or at least partially owning one (h/t: NBC Sports Washington).
“I’m definitely always exploring and trying to figure out ways to get my foot in that door. Obviously, I know it’s not easy. “It’s all about having the capital and having the relationships, and knowing what you’re doing how to operate a team. Everything that comes with it. It’s definitely something that I’ve tried to educate myself on and something I definitely could see myself being a part of in the future.”Bradley Beal
The guard, who averaged over 30 points per game in back-to-back seasons, has made a decent chunk of change in his nine-year career. Beal has earned about $145 million in basketball contracts alone, with that number expected to rise over $200 million in 2023.
“What jumped off the page for me was how humble [Beal] is and how many questions he asks,” said Rodriguez, who eventually became part-owner of the Minnesota Timberwolves. “His thirst to want to be great as a business person and as an investor. Very rarely do you have a player entering the prime of his career wanting to be a shrewd investor. That was pretty admirable.”
For now, Beal is focusing on the Washington Wizards
It’s possible Beal enters the sports ownership realm down the road. But for the time being, the guard will try to help the Wizards win their first playoff series since 2017.
Washington underwent a sizable transformation this offseason. Russell Westbrook was dealt to the Los Angeles Lakers for a package including Kyle Kuzma, Montrezl Harrell, and Kentavious Caldwell-Pope. The franchise also acquired Spencer Dinwiddie in a sign & trade deal with the Brooklyn Nets. But Beal is still the focal point in D.C.
If there is a concern brewing in camp, it’s Beal’s reluctance to get the COVID-19 vaccine. The guard confirmed he is unvaccinated at Wizards Media Day and showed no signs of wanting to receive the shot anytime soon. The 28-year-old was part of Washington’s coronavirus outbreak back in January that paused its season for nearly two weeks. He also missed the Olympics after being placed in health and safety protocols.
Health permitting, Beal should be an integral part of the Wizards on the court. Off the court, expect the future businessman to dive into an ownership opportunity once again.
All statistics courtesy of Basketball Reference.