Kobe signs reported two-year, $48.5 million Lakers contract extension

Kobe Bryant put pen to paper today on a two-year contract extension with the Los Angeles Lakers that, according to sources in LA, is rumoured to be worth somewhere in the region of $48.5 million.

It will now mean Kobe, LA’s highest ever scorer, and the league’s fourth highest scorer on the all time list, will go into his 20th year in the NBA with the Lakers franchise.

Speaking after the deal was done, Lakers GM, Michael Kupchak highlighted the joy of getting their man: “This is a very happy day for Lakers fans and for the Lakers organisation.

“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,” Kupchak went on to say.

The finer details of the extension have not been revealed, but Ramona Shelburne of ESPNLA tweeted earlier this evening that a source puts the figure of the deal being just short of $50 million.