Lakers Sign Kobe Bryant To 2-Year Extension

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(Photo by Cameron Browne/NBAE via Getty Images)

(Photo by Cameron Browne/NBAE via Getty Images)

EL SEGUNDO ( — The Black Mamba is staying in the Los Angeles Lakers’ purple and gold.

The Lakers signed guard Kobe Bryant to a two-year contract extension, General Manager Mitch Kupchak announced Monday.

While terms of the contract were not released per team policy, CBS Sports cited a report from ESPN stating the deal is for more than $48 million, with $23.5 in 2014-2015 and $25 million in 2015-2016.

“This is a very happy day for Lakers fans and for the Lakers organization,” Kupchak said. “We’ve said all along that our priority and hope was to have Kobe finish his career as a Laker, and this should ensure that that happens.”

If he remains with the Lakers for the duration of the deal, Bryant would become the first player in NBA history to play an entire 20-year career with the same team, according to Kupchak.

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