ESPN - Report: Andrew Bynum reaches four-year, $58 million extension with Los Angeles Lakers
The Los Angeles Lakers have reached an agreement on a four-year contract extension with center Andrew Bynum worth about $58 million, the Los Angeles Times reported, citing sources familiar with the negotiations.
The deal would keep Bynum under contract with the Lakers through the 2012-13 season, according to the report. The first three years of the deal are reportedly worth nearly $42 million, with a team option fourth year for about $16 million.
Bynum, who will earn $2.8 million this season, showed significant improvement for the Lakers in 2007-08 before being lost for about half of the season and the playoffs to an injury. His healthy return is one reason many observers are touting the Lakers as a favorite to return to the NBA Finals and win the championship.