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.

John Oliver roasts Dwight Howard in monologue on trade (video)

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Mocking Dwight Howard‘s frequent team changes has become commonplace around the NBA.

It even has crossover appeal.

On “Last Week Tonight,” John Oliver opened his monologue on President Donald Trump’s trade war with a few jokes at Howard’s expense. Suffice to say, Oliver doesn’t believe Howard will transform with the Wizards.

(warning: rest of Oliver’s speech contains not-safe-for-work language)

Paul Pierce: I played all 82 games after stabbing to cope with depression

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Paul Pierce was stabbed 11 times at a Boston nightclub on Sept. 25, 2000. He suffered a collapse lung and underwent emergency surgery. But Pierce famously played all 82 of the Celtics’ games that season. That feat was seen as a testament to his resolve.

Really, it was a coping mechanism .

Jackie MacMullan of ESPN:

Long after he was released from the hospital, Pierce remained nervous, jittery, anxious. He couldn’t sleep. The Celtics urged him to seek counseling, but he waved them off. “I thought, ‘I can do this myself,'” Pierce recalls. “I didn’t want anybody else in my business.”

But as the weeks dragged on, moving around in public spaces became almost unbearable for Pierce. The trauma of the event had stripped him of his confidence. His anxiety spiked while dining at Morton’s restaurant in Boston just a few months after the stabbing, when the manager approached him with a house phone and said a friend was insistent on speaking with Pierce. He picked up the receiver, and a menacing voice sneered, “I’m going to kill you.”

“So now I’m really paranoid,” Pierce says. “I don’t want to go anywhere. The police sat in the front of my house for months. I was a mess.

“I think that’s the reason I got back on the court so fast. Me sitting at home thinking about [the stabbing] didn’t work. I went to every practice, sat on the sideline for hours, because that’s where I felt safe. I didn’t want those practices to end because then I had to go back out there in this world that really scared me.”

“I should have opened up earlier than I did,” Pierce admits. “It was eating me alive. Once I finally started talking to a family member, it helped me.

“I realized, ‘I should have done this sooner.’ I would tell everyone to get the help they need. My depression was bad — really bad. I never want to feel that way again.”

This is one small excerpt of MacMullan’s incredible piece on mental health in the NBA. I highly recommend reading it in full.

Report: Rockets signing Bruno Caboclo

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When the Raptors drafted Bruno Caboclo with the No. 20 pick in the 2014 draft, Fran Fraschilla famously declared, “He’s two years away from being two years away.”

If Caboclo is on that timeline, he’ll emerge with the Rockets.

Chris Haynes of ESPN:

This is a one-year minimum-salary contract Houston can convert in a two-way deal. It could also include a bonus of $5,000-$50,000 if the Rockets waive him and assign him to their minor-league affiliate.

Caboclo washed out in Toronto and still struggled when receiving more – though still little – playing time with the Kings late last season. Attitude issues with the Brazilian national team don’t engender confidence, either.

But Caboclo is still just 22 and possesses the athletic tools that made him intriguing in the first place. He’s a longshot, but it’s too soon to give up on him completely.

Bucks GM: Brook Lopez, Ersan Ilyasova “really fit way” Budenholzer wants to play

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The Milwaukee Bucks got 24.7 percent of their offense from three last season, the third-lowest percentage in the NBA. They were 25th in the NBA in three pointers attempted last season and 22nd in three-point percentage.

That will change with Mike Budenholzer as coach.

Budenholzer, however, cannot shoot threes himself, so GM Jon Horst went out and got big men who can space the floor for Milwaukee: Brook Lopez and Ersan Ilyasova. Horst talked about it to the Bucks network at Summer League (in an interview they just posted Sunday):

What’s important is Horst saying this is a team built around Giannis Antetokounmpo and his slashing skill set — teams that just pack the paint to cut off his drives will now face bigs who will make them pay from beyond the arc. The team, as a whole, will be unleashed to play faster, shoot more threes, and Budenholzer also will bring an improved defensive system.

It looks like a big three in the East this season — Boston, Toronto, and Philadelphia — but Milwaukee could be the surprise team to crash the party. They have the top five talent in the Greek Freak, quality players around him such as Eric Bledsoe and Kris Middleton, and now more depth and shooting. Put all that in a new system with a better Xs and Os coach and… it’s something to watch.