Kobe Bryant won't opt out of contract, expected to sign 3-year extension
UPDATE (11:32 pm): The LAT's Mike Bresnahan reports Kobe "is expected to sign a three-year extension on top of his existing two-year contract at some point in July... Bryant would make a guaranteed $47.8 million over the next two years
and could earn another $86 million to $91 million with the extension,
depending on NBA salary-cap figures to be determined in 2011. BK
So sayeth ESPN's Chad Ford, citing his sources. I'll poke around for confirmation or more reports of the same nature, but for now, that appears to be the word on Kobe Bryant.
Well, in addition to who WON'T be coaching the team next season, perhaps we also know who won't be sitting in front of a table with Rob Pelinka, Mitch Kupchak and Jerry Buss dwelling over the semantics of contract language. Not during this particular month, at any rate.
I'd like to say it's one less thing to worry about, but with the free agent madness officially underway in five hours, I imagine expressing sentiments even kissing cousins to "Don't worry, be happy" will go heavily ignored.
More info as it arrives.
(UPDATE: The report also states that Kobe and the brass will spend this summer working on an extension.)
AK