Those wondering what the future holds for Kobe Bryant who is in the last season of his contract got their answer on Monday morning as the Los Angeles Lakers extended Kobe’s contract to 2 years at a reported 48.5 million dollars.
Kobe's contract will be $23.5 million and $25 million, source tells ESPNLA.
— Ramona Shelburne (@ramonashelburne) November 25, 2013
Kobe is actually taking a pay cut in the amount of almost 7 million dollars in signing his extension, but many had predicted a much more significant pay cut – or maybe hoped is the better term – in order to provide the Lakers more flexibility with pursuing free agents in the 2014 off-season that could potentially feature players like Lebron James and Carmelo Anthony.
The Lakers will still have enough cap space in 2014 to offer 1 max contract to a big name free agent but not the 2 that many had envisioned.
– Fern Rea
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