Kobe Bryant signs three-year extension with Lakers

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Thumbnail image for Bryant_game2.jpgUPDATE 6:15 pm: We have some estimated salary figures now, via FanHouse, and Kobe will join Michael Jordan as the only other NBA player to make $30 million in a season.

Bryant is expected to make $24.8 million next season (part of his current deal), then $26 million in 11-12, $28.7 million in 12-13 and $31.5 million in 13-14.

He can probably live on that.

4:30 pm: The Lakers championship window is now officially open through 2014. That groan you just heard was general managers and fans in 29 other cities.

Completing negotiations that had been going on since before the season started, Kobe Bryant has signed a three-year extension on to his deal (which had one year left after this one, although he had an opt-out option). He will be a Laker until the summer of 2014 now.

“We are extremely pleased that we were able to reach an agreement and come to terms on the extension at this time,” said (Lakers General Manager Mitch) Kupchak said in a released statement. “Kobe has been a cornerstone of the Lakers for well over a decade, helping to lead us to four NBA Championships and in the process developing into one of the greatest players in basketball history.”

“Two of our main goals heading into this season were to sign Kobe Bryant and Pau Gasol to contract extensions,” continued Kupchak. “With the signing of Pau earlier this season and the signing of Kobe today, we were able to accomplish those goals, helping to keep the core of this team intact for the foreseeable future and in turn help to ensure the franchise’s continued success over the years to come.”

Bryant’s deal could be worth $90 million, and he is one of the few players in the NBA worth that salary to owners. Bryant fills arenas, from the top of the cheap seats to the luxury suites. The Lakers charge higher ticket prices than any other team in the NBA, and they sell out nightly — even for the Wizards. Because people will pay to see Kobe play.

The fact Bryant signed with the Lakers is not a surprise (although he could have made more money opting out and resigning), but the timing was a bit odd. Sources say that basically the same offer has been on the table since October. Bryant had a lot of things to weigh, from whether the Lakers would stay in contention to the upcoming new Collective Bargaining Agreement.

Bryant makes $23 million in salary this year, will make $24.8 next year. This very likely locks him in at at a similar max salary into the new CBA (the owners said they want existing contracts changed to conform with the new CBA, but I have a better shot with Brooklyn Decker than there is of the players union agreeing to that). The Lakers also have Gasol and Artest under contract until 2014, with Andrew Bynum and Lamar Odom through 2013. The Lakers have locked up their core.

It also locks the Lakers in as title contenders for four more seasons.

Watch LeBron James’ 23 points during Game 5 win over Toronto

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A good rule of thumb: If LeBron James is getting few breakaway dunks, the other team is in trouble.

Enter the Toronto Raptors, who got to watch a dunking clinic by LeBron as he had multiple breakaways during the Cavaliers’ 38-point win on Wednesday night. LeBron played well, and the Cavaliers got a balanced attack from their stars — 25 points from Kevin Love, 23 each from LeBron and Kyrie Irving.

Watch LeBron’s night above. Toronto needs to find a way to keep him from having another game like this Friday.

Kyle Lowry’s face when he sees Game 5 box score sums up Raptors’ night

CLEVELAND, OH - MAY 25: Kyle Lowry #7 of the Toronto Raptors looks on in the second half against the Cleveland Cavaliers in game five of the Eastern Conference Finals during the 2016 NBA Playoffs at Quicken Loans Arena on May 25, 2016 in Cleveland, Ohio. NOTE TO USER: User expressly acknowledges and agrees that, by downloading and or using this photograph, User is consenting to the terms and conditions of the Getty Images License Agreement.  (Photo by Andy Lyons/Getty Images)
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After a beatdown at the hands of the Cleveland Cavaliers in Game 5 — a loss where he was just 5-of-12 shooting, a loss that has the Raptors on the brink of playoff elimination — Kyle Lowry did what he had to do and went in front of the media to answer questions and try to explain that loss.

But really, his face when he walked into the interview room and saw the box score summed up the Raptors night perfectly.

When you get your report card and you have to explain to your parents why you failed all of your classes.

A video posted by Sports Videos (@houseofhighlights) on

Lowry and the Raptors need to turn it around and win at home Friday night to keep their playoff dream alive another day.

Heat players past, present throw support behind David Fizdale heading to Memphis

David Fizdale
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The Memphis Grizzlies have found their man — Miami Heat assistant coach David Fizdale has been offered the head coaching job in Memphis. He’s a smart coach who earned the trust of elite players and was a key part of the staff that helped Miami to a couple of rings.

It’s a good hire. Don’t just take my word for it, check out what a couple Heat players from that era had to say.

Mario Chalmers had a first-hand view — he was traded from Miami to Memphis in the middle of last season. The point guard who went the other way in that deal, Beno Udrih, also helped push the deal along.

Fizdale is going to be a popular hire with the players. That said, if the Grizzlies can’t keep Mike Conley in free agency the team is going to have struggles this season, regardless of who coaches them.

Watch Kevin Love drop 25 points on Toronto

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Before Game 5, Cavaliers’ coach Tyronn Lue told Kevin Love just to stay aggressive. Channing Frye told him the same thing.

Love took that advice to heart. From the opening tip of Game 5, Love was attacking — backing down the overmatched Luis Scola and knocking down threes. Love had 12 points in the first quarter on his way to a game-high 25, helping spark an easy, 38-point Cavaliers win in Game 5.

Now, can Love do this on the road in Game 6?