The Lakers Center Anthony Davis and an eight-time All-Star, has signed a contract extension with the Los Angeles Lakers, the organization announced on Sunday.
Anthony Davis will allegedly be locked in until 2028, with the largest yearly compensation in NBA history of more than $60 million.
— Los Angeles Lakers (@Lakers) August 6, 2023
Anthony Davis Inks Record-Breaking 5-Year Extension with Lakers
Anthony Davis has agreed to a five-year deal extension with the Los Angeles Lakers, which includes the highest per-season average salary in NBA history.
Klutch Sports CEO Rich Paul said Friday that Anthony Davis and the Lakers have agreed on a three-year, $186 million deal contract extension. The Lakers and Davis reached an agreement, according to ESPN.
BREAKING: Lakers star Anthony Davis has agreed on a three-year $186M max extension, tying him to franchise thru 2028 for total of $270M-plus, @KlutchSports CEO Rich Paul tells ESPN. Davis lands richest annual extension in NBA history at $62M. pic.twitter.com/bf9kWgD7uz
— Adrian Wojnarowski (@wojespn) August 4, 2023
Anthony Davis Secures Richest Yearly Extension, Joining Elite Ranks
The extension becomes the wealthiest yearly agreement in league history, with an average value of $62 million each season, exceeding the average of $60.8 million per season that Boston Celtics wing Jaylen Brown received last month as part of his five-year supermax deal for up to $304 million.
Davis was the NBA’s 75th-anniversary squad after being an eight-time All-Star and four-time All-NBA selection. He is coming off a season in which he averaged 25.9 points, 12.5 rebounds, and 2.6 assists on a career-high 56% shooting – figures that mark one of his greatest seasons.
Lakers Journey Extended: Contract Breakdown and Impact for Anthony Davis
The agreement goes into force with the 2025-26 season. Davis will earn around $40.6 million
this season, followed by $43.2 million in 2024-25 — before the agreement kicks in and runs through 2027-28. It will bring Davis’ lifetime on-court earnings to almost $500 million by the time the contract expires, and he’ll earn around $750,000 for each regular-season game on the Lakers’ schedule in the last three years of the pact.
The Lakers are 117-77 (.603) in regular-season games Davis has played in his four seasons with the team; they are 53-60 (.469 winning percentage) in the 113 games he has missed.
When both are healthy, he and LeBron James are one of the NBA’s most formidable 1-2 punches. They helped the Lakers win the 2020 NBA championship and reach the Western Conference finals this season, where eventual winner Denver swept them.
Aiming for Championship Glory Amidst Historic Milestones of the Center Superstar of Lakers
Davis noted at the close of last season, “We are trending in the right direction.” “Of course, we wanted to go all the way and win a championship; we weren’t satisfied with being contenders. This, then, is the aim. That’s the target every time we hit the floor for training camp, and it will be again next year.
Davis has averaged 24 points and 10.4 rebounds in his first 11 seasons. Five times in his career, not counting his 52 in the 2017 All-Star Game (a record that stood until Boston’s Jayson Tatum scored 55 in the All-Star Game in February of this year), he has scored at least 50 points in a game.
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