EL SEGUNDO, Calif. (AP) — The Los Angeles Lakers signed Kobe Bryant to a two-year contract extension Monday, securing the fourth-leading scorer in NBA history into his 20th season with the franchise.
Bryant hasn’t played this season while recovering from surgery on his torn Achilles tendon in April, but the Lakers didn’t wait to renew their commitment to the five-time NBA champion before he got anywhere close to the free-agent market next summer.
Bryant inked the deal with owner Jim Buss and general manager Mitch Kupchak at his side in agent Rob Pelinka’s office moments before the Lakers left for an East Coast road trip. Bryant, Buss and Kupchak all had repeatedly stated Bryant wouldn’t leave his only NBA home.
The 35-year-old guard quickly tweeted a picture of his signature with the hashtag: Laker4Life.
“This is a very happy day for Lakers fans and for the Lakers organization,” Kupchak said 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.”
Bryant has spent more than half of his life playing for the Lakers, and if he fulfills his new contract, he will break John Stockton’s record of 19 seasons with one NBA franchise.
But Kobe’s legacy in L.A. already is secure: No less than Magic Johnson and Jerry West have declared Bryant the franchise’s greatest player, given his fistful of championship rings and his consistent brilliance while scoring more points than anybody in a Lakers uniform.
Although Bryant is taking a pay cut from his $30.45 million salary this season, Kobe and the Lakers didn’t exactly agree to a hometown discount, either. ESPN reported the deal is worth $48.5 million, keeping Kobe among the NBA’s highest-paid players.
Some fans grumbled online that the contract will limit the Lakers’ flexibility in the free-agent market next summer, clouding their starry-eyed dreams of signing Carmelo Anthony or LeBron James. Other fans approved the payout as a reward for an iconic player who still ranked among the NBA’s most dangerous scorers before his injury.
Bryant and 39-year-old point guard Steve Nash are the only players signed to significant contracts for next season with the Lakers, who have been anticipating a major roster restructuring in 2014 ever since Dwight Howard fled town in July.
Even if the Lakers waived the oft-injured Nash under a special provision limiting his salary cap hit, Bryant would eat up roughly a third of their room under the projected cap before anybody else joins him next season.