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Lakers and Bynum agree to a 4 year deal


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#1 MDI

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Posted October 30, 2008 - 08:22 AM

http://www.latimes.c...0,6564933.story

Lakers, Andrew Bynum agree to four-year deal



Sources say the center's contract extension is worth about $58 million
.

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By Mike Bresnahan
8:59 AM PDT, October 30, 2008
The Lakers and Andrew Bynum have agreed in principle on a four-year contract extension worth about $58 million, keeping their center of the future in the fold through the 2012-13 season, according to sources familiar with the negotiations who would not speak publicly.

Bynum, who will make $2.8 million this season, will earn close to $42 million over the first three years of his contract extension. The fourth year will be a team option for about $16 million.

The Lakers declined to comment, although an announcement could come as early as this afternoon.

David Lee, Bynum's agent, spent more than a week in Los Angeles trying to negotiate the extension and returned to his New York home Wednesday afternoon without a deal in place.

Lee, however, will return to Los Angeles today, to formalize the deal, one day before the Friday deadline for contract extensions for players such as Bynum.

Both sides appeared to be far apart earlier in the week, with Bynum's agent asking close to an average of $17 million a year on a five-year deal and the Lakers countering with an average of $11 million a year over five years.

But the sides came to terms on an average salary of $14.5 million a year and four years.

If an agreement had not been reached, Bynum would have become a restricted free agent next July, though the Lakers would have retained the right to match any offer he received from an NBA team next summer.

The Lakers have about $80 million on their payroll this season, and with the Bynum deal the team has already earmarked more than $75 million toward next season's payroll, with most of it going to Kobe Bryant, Pau Gasol and Bynum. Although Bryant could opt out of his contract next July and sign for longer period with the team.

Bynum, who turned 21 on Monday, underwent knee surgery during the off-season, but he turned in a solid effort Wednesday night against the Clippers, compiling 12 points, nine rebounds and three blocked shots in 25 minutes.

He has begun to show signs of the player he was last January, when he averaged 17.3 points and 12.3 rebounds in six games before his season was ended because of a bone bruise in his left knee and brief dislocation of the kneecap.


Edited by MDI, October 30, 2008 - 08:27 AM.

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Props to sidthekid871


#2 West Coast

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Posted October 30, 2008 - 08:24 AM

Sweet!!!!!

We need details MDI. Don't hold out on us

#3 lyk13

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Posted October 30, 2008 - 08:25 AM

Freak I just received that on my RSS and thought I will be first...LOL!!!




#4 LetShannonDunk

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Posted October 30, 2008 - 09:12 AM

Awesome ;) the kid has a bright future with us :rock:

#5 UKUGA

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Posted October 30, 2008 - 09:51 AM

:rock:

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#6 Kam

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Posted October 30, 2008 - 10:04 AM

That's about 14.5 million a season, not too bad.

#7 LD2k

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Posted October 30, 2008 - 10:06 AM

Big Bynum until 2012-13 season!!!

I love it! :rock:

#8 ReaListik

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Posted October 30, 2008 - 10:16 AM

Thats good news, the less drama the better.
"We are the goodest" - Shaq during an interview on ESPN.

#9 LALDynasty

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Posted October 30, 2008 - 10:26 AM

good...i'm glad.
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#10 fido

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Posted October 30, 2008 - 10:26 AM

Good and surprising news.

I kind of thought they'd let him go restricted, but its good for it to be over so he can concentrate on playing.

#11 Black Sheep

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Posted October 30, 2008 - 10:35 AM

good
bynum does not have to worry about a contract now and just worry about winning a championship

Edited by Black Sheep, October 30, 2008 - 10:36 AM.


#12 Guest_Spooky_*

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Posted October 30, 2008 - 10:58 AM

:rock:

#13 A_V_R

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Posted October 30, 2008 - 11:21 AM

Absolutely huge

#14 Nirvana

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Posted October 30, 2008 - 11:23 AM

Critical that we managed to get this done. We can't have our best defender worried about his situation at the ball club for the rest of the season. We've tied him up for once.
Kurt Cobain - "Wanting to be someone else is a waste of the person you are."

#15 DTX3

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Posted October 30, 2008 - 11:58 AM

It's a celebration *****es! ;)
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#16 popo

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Posted October 30, 2008 - 12:13 PM

I like it ;)
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#17 ファイナルファンタジ

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Posted October 30, 2008 - 12:15 PM

Alright, now that this is settled, let's go and win that championship. ;)

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#18 GEMROC

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Posted October 30, 2008 - 12:31 PM

:thumbsup: Hmmm..sounds good! ;)

SAN DIEGO STATE AZTECS, boyeee.

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#19 Black Sheep

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Posted October 30, 2008 - 12:33 PM

Critical that we managed to get this done. We can't have our best defender worried about his situation at the ball club for the rest of the season. We've tied him up for once.


our best defender?
kobe is our best defender..

#20 ファイナルファンタジ

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Posted October 30, 2008 - 01:00 PM

our best defender?
kobe is our best defender..

Yeh that's true, but the thing is, Kobe can't clog up the lanes and provide the shot-blocking like Bynum does. His body isn't big enough, but that doesn't mean he can't do it.

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