He has a player option for 2013/14. If he becomes a FA in a year or two, should the Wizards give him a big contract? I think he would play well with Beal & Wall. His market value is probably $70-80k/4 years. In the small chance that Beal and Wall become stars in a few years, I think a big 3 of Beal/Wall/Igoudala could contend for a championship.
Ernie will have do some careful maneuvering to make sure we're under the luxury cap, but it's possible.