Kobe Bryant signs two-year contract extension with the Lakers

Kobe Bryant will remain a Laker for Life. The Lakers announced today they signed a two-year contract extension with their star, who was scheduled to be a free agent this summer. Kobe Bryant will be paid a combined $48.5 million for the two seasons in his fully guaranteed deal.

Pay per head services point out that he will remain the highest paid player in the NBA. Bryant will be paid $23.5 million next season and $25 million in the 2014-15 campaign.

“This is a very happy day for Lakers fans and for the Lakers organization,” general manager Mitch Kupchak said in a official 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.”