Nov 25, 2013, 12:01 PM EDT
Kobe Bryant is going to finish his career a Los Angeles Laker — 20 seasons with the same team. That would be the longest single-team tenure in NBA history.
Monday morning the Lakers announced that Bryant — who has yet to play this season as he recovers from a ruptured Achilles tendon — has signed a two-year extension with the team.
“This is a very happy day for Lakers fans and for the Lakers organization,” Lakers GM Mitch Kupchak said in a released 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. To play 20 years in the NBA, and to do so with the same team, is unprecedented, and quite an accomplishment. Most importantly however, it assures us that one of the best players in the world will remain a Laker, bringing us excellent play and excitement for years to come.”
This does not come cheaply. At all.
For the Lakers this is the smart business move — Kobe Bryant the player is what fills the seats and the luxury boxes, what gets sponsors on board, what drives the team’s financial engine. Even at $48.5 million for two seasons, he’s a bargain.
But that salary is going to cut pretty deeply into who the Lakers will be able to bring in and put around Kobe Bryant. With Bryant’s new salary plus the stuff on the books (Steve Nash, for one) they should have about $22 million, enough to bring in a max free agent (if they can attract one). It’s not simple. The need to deal with Pau Gasol and his contract this summer (he is a cap hold of $20 million until he signs with the Lakers or another team) and some of the other pieces to create that space. Unless they can bring Gasol back.
Whoever they bring in, for two more seasons in Los Angeles this is Kobe Bryant’s team.
Aug 2, 2015, 12:30 AM EDT
Davis is in talks to re-sign with the Clippers.
Aug 1, 2015, 11:00 PM EDT
Hamilton played 14 games with the Clippers last season.
Aug 1, 2015, 9:30 PM EDT
Rose played in the 2010 and 2014 FIBA World Championships.
Aug 1, 2015, 8:00 PM EDT
That would be good news for the Spurs and bad news for the rest of the Western Conference.
Aug 1, 2015, 6:30 PM EDT
Noah spent most of last season limited by knee surgery.
Aug 1, 2015, 5:00 PM EDT
His $4.7 million salary for next season is unguaranteed.
Aug 1, 2015, 3:30 PM EDT
Paul is still in the running for a spot on the 2016 Olympic team.
Aug 1, 2015, 2:00 PM EDT
Will this lead to all 30 teams getting their own affiliates?
Hakeem Olajuwon and Dikembe Mutombo make surprise appearances for Team Africa in NBA exhibition game (VIDEO)
Aug 1, 2015, 12:30 PM EDT
Team Africa faced off against Team World in Johannesburg.
Aug 1, 2015, 11:00 AM EDT
Mbah a Moute signed a one-year deal with the Kings in July.
Aug 1, 2015, 9:30 AM EDT
Biyombo has worked with Hakeem Olajuwon this summer on post moves, other parts of his game.
Aug 1, 2015, 8:00 AM EDT
The Nets will be paying the price for their win-now era for a few years to come still.
Aug 1, 2015, 1:11 AM EDT
This is the right move, whether he decides to play in Rio or not.
Jul 31, 2015, 11:08 PM EDT
He looks like a guy who can live up to the No. 1 pick billing.
Jul 31, 2015, 10:26 PM EDT
Norris Cole is still looking for a bigger payday.
Jul 31, 2015, 9:31 PM EDT
Her credentials are unassailable.
Jul 31, 2015, 8:10 PM EDT
He is currently out on bond.
Jul 31, 2015, 7:15 PM EDT
Hill told the police he was “in a hurry.” I guess so.
Jul 31, 2015, 7:01 PM EDT
Neither guy is going to make a difference on the court for these teams. This was just moving some money around.
Jul 31, 2015, 5:46 PM EDT
Crabbe looked good in Las Vegas at Summer League.
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