Friday 19th April 2024,
The Hoop Doctors

Lakers, Kobe Agree on 2-Year, $48M Extension

Kobe may be coming off major surgery and is 35 years old, but that doesn’t mean the Lakers still don’t want him. If nothing else, he’s a box office draw. We saw evidence of this a few weeks ago with the Lakers home sellout record of 200+ games was recently snapped.

The Lakers have decided to lock up Kobe for 2 more years and will pay him $48M. What does this mean money-wise for potential free agents? Will there be enough to build a contender?

Kobe  Bryant has signed a two-year extension with the Lakers.

“This is a very happy day for Lakers fans and for the Lakers organization,”  General Manager Mitch  Kupchak said Monday in a statement. “We’ve said all along that our priority  and hope was to have Kobe finish his career as a Laker, and this should ensure  that that happens.”

The Lakers did not release terms of the new agreement but, according to a  source familiar with the situation, Bryant will make between $40 million and $50  million for the two years.

H/T: LA Times

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