Kobe Bryant signed a two-year contract extension with the Los Angeles Lakers on Monday.

The Lakers did not announce financial terms, but a source told ESPNLosAngeles.com’s Ramona Shelburne that the deal is worth $48.5 million.

Bryant, 35, will maintain his status as the NBA’s highest-paid player over the course of the extension, the source told Shelburne. The 2007-08 league MVP will receive $23.5 million in the first year and $25 million in the second year of the extension, according to the source.

The Lakers and Bryant arrived at the salaries so that the team will have the financial flexibility to pursue one top free agent on the market next summer, the source told Shelburne.

The 2014 free-agent class could include four-time MVP LeBron James and reigning league scoring champion Carmelo Anthony, who both can opt out of their contracts after this season.

Read the complete article on ESPN.com…

  • Paytc

    Kobe your good health and successful return to the top is a Laker priority. Congratulations on getting the new deal behind you. As you know there are many eagerly anticipating your return. Most of us are pulling for you to return to the top of your game while grabbing a few more NBA titles along the way. Cheers to continued success !

  • Jimmie Sapp

    Kobe you are the man. I’ve been a lakers fan since I was 6 yrs old. I actually saw Jerry West and Elgin Baylor play. I’m old school lol. But you by far are my favorite. Glad you are staying around. Wish you nothing but success and a healthy future. Go Lakers!!!

  • Jose Rios

    Yes!!!!! We should all feel blessed cuz we get to see THE BEST EVER play for 2 more years….Thanks Lakers

  • Pauly

    Retire already

    • BlackMambaVino

      why r u on this website if u arnt a kobe fan

  • Anniemuchemi

    Kobe please quit letting this players injure you we want you back as quickly as you can,my mum as worried about you shes an old granny
    lakers is the only team she can watch.

    thanks kobe

  • Silvester Robinson

    Just get 2 more rings Kobe please

  • jack

    Kobe, you probably won’t see this but personally I think that it’s great that you get a two year deal extension because you’re the biggest Lakers name of all Time. Probably even bigger than Magic Johnson at this point. I have been a fan of yours for a very long time. and even I think you should drop your salary, so we can have the money to bring in premium players to help you win rings. You have to choose between being the highest paid player or having more rings.. but personally.. I’ll like to see Lakers win more rings.

  • Acetine24

    IloveKobe ^^

  • Trey

    Kobe got voted at the all-star game lets go and trade paul Gasol cuz thats the only reason er lost against the Heats last night

  • Tracie Harris

    hi

  • FrenchNbaFan

    Kobe go to the clippers to win the playoff again!!

  • biggsmoke

    You washed up piece of shit. How dare you say those things about Trayvon Martin. The poor boy was walking home minding his business. You wasn’t saying shit like that when Black people had your back when you raped that little white girl and fucked her in the ass. You snitched on Shaq. You fucked up with your mom and dad. You need to take a good look at yourself son. Because in the eyes of the white people you praising, you’re still a “nigger” If you weren’t a professional basketball player, your black ass would still be in prison. You have no idea what it is to be Black. I’m not as rich as you, but I’m a Black man worth a little over a million and I have an education, so don’t think I’m some jealous broke Black man. Don’t you know you could have been Trayvon? You are a morally bankrupt, washed up, BITCH ASS NIGGER. Go Le Bron James.

    • Kobe sucks

      Amen brother

  • sumedh

    kobe you really ROCK seeing you play in lakers for 2 more years is really great news .best of luck to you earn more titles and points.

  • Kobe sucks

    Kobe please retire. You are a horrible basketball player and an even worse person. You suck, Kobe!