| Associated Press
Los Angeles — Anthony Davis finalized a five-year contract worth up to $190 million to return to the Los Angeles Lakers on Thursday.
One day after LeBron James agreed to a two-year, $85 million contract extension with the Lakers through 2022-23, Davis committed to the Lakers through the 2024-25 season. Agent Rich Paul of Klutch Sports, who represents both Davis and James, confirmed the terms of both deals to the Associated Press.
General manager Rob Pelinka announced both of his All-NBA first-team superstars had agreed to new contracts Thursday night without disclosing their terms. James and Davis won an NBA championship in the first season of their partnership, and Los Angeles is back to work in training camp this week with a solid chance to repeat.
“In the Orlando bubble, Anthony Davis proved he is one of the game’s most complete and dominant two-way players,” Pelinka said in a statement. “Now, Lakers fans get to watch AD continue to grow and lead our franchise for years to come.”
Pelinka also called James “a transcendent basketball player and human being. LeBron put his trust in the Lakers in 2018, and now this contract extension paves the way for LeBron to further solidify his legacy as an all-time Lakers great. We could not be more honored by this commitment.”
Davis’ deal includes an early termination clause prior to the fifth year, but the lengthy contract is still a clear declaration that the 27-year-old Davis sees his long-term future with the 17-time NBA champions.
The Lakers acquired Davis in a trade less than 18 months ago, shipping most of their young core to New Orleans to acquire one of the best big men of his generation. Davis made the All-NBA first team three times and earned six straight All-Star selections with the Pelicans, but only reached the second round of the playoffs once.
With Klutch clients James and Davis at their center, the Lakers immediately built a championship contender around them last season. The 6-foot-10 Davis swiftly clicked alongside James, who molded himself into a point guard and led the NBA in assists to maximize the talent of Davis, who earned his seventh straight All-Star selection and his fourth All-NBA first-team nod.
James and Davis reteamed in the bubble in central Florida and led Los Angeles to the title. The Lakers had missed the playoffs for six straight seasons before their dynamic duo transformed the franchise into champions again, beating the Miami Heat in six games in the NBA Finals.
While James won his fourth NBA championship, Davis became the eighth player in basketball history to win an NCAA championship, an Olympic gold medal and an NBA ring.
“Watching AD and LeBron, everything they did was together,” said Dwight Howard, who won a ring with the Lakers before moving on to Philadelphia as a free agent last month. “They worked out together, they ate together, they rolled dice together. We called them The Brothers. They were always together, playing video games, doing something.
“Even though there was games where LeBron was having triple-doubles, he made sure he fed AD and AD got off,” Howard added. “I just think when you have two guys like that who are willing to do whatever it takes to win, it brings up the morale of the team. They put everything on their shoulders. They knew they had guys around them, but it was, ‘OK, LeBron. OK, AD. We’ve got to do this. It starts with us. We’ve got to be on the same page at all times.’ They did a really good job with it.”
The Lakers are returning with a roster around James and Davis that looks even better than last season’s championship squad. NBA veterans Marc Gasol and Montrezl Harrell have replaced Howard and JaVale McGee to keep Davis out of the center spot during the regular season, while Wesley Matthews replaced inconsistent Danny Green on the wing and gifted point guard Dennis Schröder arrived to take ball-handling pressure off James.
Davis was never expected to leave the Lakers after he declined a $28.7 million player option to become a free agent last month, but many league observers thought Davis would go for a shorter contract to maximize his mobility, as is the preference of many modern stars and Klutch clients.
Instead, Davis chose the longest possible contract, albeit with an opt-out after four years. If Davis had set up his deal to become a free agent in 2022, he could have re-signed to receive a starting salary worth 35% of the team’s salary cap.
In truth, the differences between his current contract and that hypothetical deal are only a few million dollars – and for Davis, security with a title contender clearly was worth a few million.
Davis will make more than $32.7 million this season, more than $35 million next season and nearly $38 million in 2022-23. The fourth year of the contract is worth about $40 million, and the fifth year would be worth more than $43 million.
Davis excelled throughout his first season with the Lakers, averaging 26.1 points, 9.3 rebounds, 3.2 assists and 2.3 blocks per game.
Having seen teammates LeBron James and Anthony Davis agree to new contracts in back-to-back days, Kyle Kuzma (Flint) said his representatives have been in contract with the Lakers regarding his own contract status.
Kuzma, who is making $3.5 million this season, is eligible for a contract extension with the Lakers. It’ll be up to Rob Pelinka, the Lakers’ vice president of basketball operations and general manager, to decide what’s the best course to take with Kuzma.
“Yeah, we’ve talked, so it’s obviously just talk between my agent and the organization,” Kuzma told reporters during a videoconference Thursday after a workout at the team’s practice facility. “They’re working through things. So, we’ll see.”
The Lakers can make Kuzma a qualifying offer, which would be worth about $5.2 million for next season. If the Lakers take that route – which would make Kuzma a restricted free agent next summer – they keep their rights to match any offer Kuzma would receive from another team.
Kuzma averaged 12.8 points and 4.5 rebounds last season, his third in the NBA. He shot 43.6% from the field and 31.6% from 3-point range. He averaged 10 points and 3.1 rebounds in the postseason, and shot 43% from the field, 31.3% from 3-point range.
Kuzma’s superstar teammates, James and Davis, signed deals that will keep them in Los Angeles through the 2022-23 and 2024-25 seasons, respectively.
James signed a two-year extension worth $85 million Thursday as Davis was finalizing a five-year contract for $190 million.
Nuggets re-sign Millsap
The Denver Nuggets have re-signed forward Paul Millsap to a one-year deal.
Millsap has spent the last three seasons in Denver, averaging 12.8 points, 6.6 rebounds, 2.1 assists and a steal in 159 games.
Although Millsap, 35, played fewer minutes (24.3) last season than he had in any season since 2007-08, he remained highly effective, averaging 11.6 points, 5.7 rebounds and 1.6 assists while shooting a career-high 43.5% from three-point range.
The 14-year NBA veteran helped the Nuggets reach the Western Conference Finals for the first time since 2008-09 and his re-signing comes after Denver lost key frontcourt players Jerami Grant and Mason Plumlee in free agency.
Last month, Millsap’s agent, DeAngelo Simmons, told The Athletic that Millsap’s deal with Denver would be worth more than $10 million.
Millsap signed a three-year, $90 million deal with Denver in 2017 and last year he was set to make $30 million before having to take a coronavirus pay cut like the rest of the NBA’s players.