Two years and $48.5 million sounds about right for a 35-year old star who’s coming back from a serious injury.
The Lakers went a long way toward keeping Kobe Bryant in L.A. for his entire career as he signed a contract extension on Monday, ending speculation that he may move on as this was previously the last year of his contract.
For the record, Kobe will be the NBA’s highest player with his making $23.5 million in 2014 and $25 million in 2015.
And he will be able to break the all-time record for most years playing on one team, currently held by John Stockton as he spent 19 years with the Utah Jazz.
According to the Los Angeles Times, this deal will render the Lakers as less able to sign any big name free agents this summer as it will count against the NBA’s $62.5 million salary cap; The Times’ Bill Plaschke said in this column, “The summer of 2014 has been deadened. The highly anticipated remodeling has been delayed.”
Personally, even though the Lakers need to rebuild rather than reload if they are going to be championship contenders…
I feel this was a good move because if Kobe were allowed to leave, owner Jim Buss would have become the most hated sports executive since Walter O’ Malley pulled his Dodgers out of Brooklyn and moved them to Los Angeles in 1958.
Here’s ESPN’s take on the Kobe Bryant signing, featuring Stephen A. Smith: