Kobe Bryant

Lakers sign Kobe Bryant to two-year, $48.5 million contract extension


Kobe Bryant is going to finish his career a Los Angeles Laker — 20 seasons with the same team. That would be the longest single-team tenure in NBA history.

Monday morning the Lakers announced that Bryant — who has yet to play this season as he recovers from a ruptured Achilles tendon — has signed a two-year extension with the team.

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

This does not come cheaply. At all.

Understand Tim Duncan and Kevin Garnett became free agents then took salary cuts into the $10 million range.

For the Lakers this is the smart business move — Kobe Bryant the player is what fills the seats and the luxury boxes, what gets sponsors on board, what drives the team’s financial engine. Even at $48.5 million for two seasons, he’s a bargain.

But that salary is going to cut pretty deeply into who the Lakers will be able to bring in and put around Kobe Bryant. With Bryant’s new salary plus the stuff on the books (Steve Nash, for one) they should have about $22 million, enough to bring in a max free agent (if they can attract one).  It’s not simple. The need to deal with Pau Gasol and his contract this summer (he is a cap hold of $20 million until he signs with the Lakers or another team) and some of the other pieces to create that space. Unless they can bring Gasol back.

Whoever they bring in, for two more seasons in Los Angeles this is Kobe Bryant’s team.

Watch Kobe Bryant’s entire retirement-announcement press conference (video)

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Kobe Bryant reflected, told stories and showed his emotions.

For nearly 25 minutes, the Lakers star talked about his pending retirement. It was pretty cool.

Report: Wizards signing Ryan Hollins

Blake Griffin, Ryan Hollins
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Nene hurt his calf. Drew Gooden is banged up. Martell Webster is out for the season.

Those are three players the Wizards expected to play power forward this season.

So, Washington – which has lost four straight – will bring in another big man: Ryan Hollins.

Shams Charania of Yahoo Sports:

The Wizards have a full roster of 15 players. They don’t qualify for a hardship exemption, which a team gets if four players have missed three straight games and will continue to be out. Only Webster and Alan Anderson definitely fit that bill. Gooden, who has missed five straight, might. But it’s unclear both how many of those absences were due to injury and when he’ll return.

So, Washington will have to waive someone to sign Hollins now. It’ll probably be Webster, whose $5,845,250 2016-17 salary is just $2.5 million guaranteed. If he’s out for the year and the Wizards plan to drop him by the summer to clear cap space, why not just do it now?

Hollins is more center than power forward and doesn’t appear to fit well with Marcin Gortat. But at this point, Washington just needs big bodies. Hollins – a nine-year veteran who plays decent interior defense, lacks offensive skill and rebounds poorly for his 7-foot frame – is at least that.

Dwight Howard crushes Kristaps Porzingis with dunk (video)

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Sometimes – as Kristaps Porzingis sees against Dwight Howard – it’s more flattering just to play James Harden-level defense.