Kobe Bryant signs three-year extension with Lakers


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.

Report: Some Hawks executives doubt Danny Ferry’s contrition

Danny Ferry, Mike Budenholzer
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Since his racist comments about Luol Deng, Danny Ferry has mostly avoided the public eye.

He apologized through a couple statements released around the beginning of his leave of absence. He met with black community leaders. He claimed “full responsibility.”

A cadre of NBA people vouched for him. A law firm the Hawks hired to investigate themselves essentially cleared of him of being motivated by racial bias.

But there’s another side.

Kevin Arnovitz and Brian Windhorst of ESPN:

Ferry’s efforts at contrition sometimes fell short to some inside the organization. Several Hawks executives were at times put off by Ferry’s behavior during a compulsory two-day sensitive training session, especially since they considered his actions triggered the assembly in the first place. He came across as inattentive and dismissive of the exercise, some said, and fiddled with his phone quite a bit. Ferry contends he was taking notes on the meeting.

“It was awkward for everyone because I had not seen or been around Hawks employees for three months,” Ferry told ESPN this summer about the sensitivity training. “I took the seminar seriously, participated in the role-play exercises and certainly learned from the two-day session.”

the Hawks satisfied Ferry on June 22 by releasing both the written Taylor report and a flowery press release in which Hawks CEO Koonin was quoted saying, among other things, that “Danny Ferry is not a racist.” Some Hawks executives grumbled that the team overreached in exonerating Ferry, but doing so — not to mention paying Ferry significantly more than the $9 million he was owed on his “golden ticket” deal — was the cost of moving on.

I don’t know whether Ferry has shown the proper level of contrition, whether he was playing on his phone or taking notes.

But I know what he said:

“He’s a good guy overall, but he’s got some African in him, and I don’t say that in a bad way other than he’s a guy that may be making side deals behind you, if that makes sense. He has a storefront out front that’s beautiful and great, but he may be selling some counterfeit stuff behind you.”

He was not reading directly from a scouting report. He did not stop when his paraphrasing repeated a racist trope.

That’s a problem.

I don’t think Ferry intended to say something racist – but he did.

It’s a fixable issue, though. Through introspection and a desire to change, he can learn from this mistake. Maybe he already has.

That some around him don’t think he took that process seriously is worth noting. They might be off base, and Ferry obviously disagrees with their perception. But this is a two-sided story despite the common narrative focusing on Ferry’s redemption.

It’ll be up to any potential future employers to sort through the discrepancies.

Gilbert Arenas: Caron Butler’s version of gun incident ‘false’

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Caron Butler recently detailed the Gilbert Arenas-Javaris Crittenton gun incident.

In a since-deleted – but screenshot-captured – Instagram post, Arenas gives his description:

The biggest differences between Butler’s and Arenas’ versions:

1. Arenas claims he wasn’t the one who owed Crittenton money, that the feud escalated over Arenas prematurely showing his hand during a card game.

2. Arenas says he told Crittenton to pick a gun to shoot Arenas with – not to pick a gun he’d get shot by Arenas with.