Friday, October 31, 2008

Lakers, Andrew Bynum agree to four-year deal

$58 million

The Lakers and Andrew Bynum have agreed in principle on a four-year contract extension worth about $58 million, keeping their center of the future in the fold through the 2012-13 season, according to sources familiar with the negotiations who would not speak publicly.

Bynum, who will make $2.8 million this season, will earn close to $42 million over the first three years of his contract extension. The fourth year will be a team option for about $16 million.

The Lakers declined to comment, although an announcement could come as early as this afternoon.