Gasol gets 3-year extension
The Herd with Colin Cowherd
Marc Stein explains how the Lakers signing Pau Gasol to a three-year extension shows Kobe that L.A. is committed. Stein also talks about 2010 free agency and surprise teams (Rockets, Kings).
After a rough start to his NBA career in Memphis, the Spanish 7-footer had been vocal about his desire to stick with the defending champions well into the future. And after nearly two years in Hollywood as Kobe Bryant's best supporting player, Gasol thinks Bryant will follow his lead this time.
"It gives me tremendous peace of mind and safety and confidence," Gasol said Wednesday at the Lakers' training complex. "We have a tremendous team, and we all want the same thing. We want to be the best team out there. It's a great thing as a player to be a part of something this special."
Gasol's deal extends through the 2013-14 season.
Lakers lock up Gasol
Pau Gasol speaks at Wednesday's press conference in Los Angeles to unveil his $57 million extension with the Lakers. Listen
The confirmed value of the extension is an even $57 million over three years, according to official league contract figures obtained by ESPN.com.
The new deal, according to a breakdown circulated Wednesday to the league's 30 teams, calls for Gasol to earn $18,714,150 in 2011-12, $19,000,000 in 2012-13 and $19,285,850 in 2013-14.
Gasol is earning $16,452,000 this season and is scheduled to earn $17,823,000 next season in the final year of his previous contract.
The contract, according to the league-issued specifics, also contains a trade kicker.
Gasol has been to two NBA Finals since joining the Lakers on Feb. 1, 2008, in a trade with the Grizzlies that propelled Los Angeles back into the league's elite. His impact on the Lakers has been undeniable: The club is an astonishing 101-23 in regular-season games with Gasol in the lineup, and Bryant anointed Gasol as basketball's best big man after Tuesday night's win over Oklahoma City.
"With the way we play, with the players we have on our team, I can't imagine a big man who would be better to play for this team than Pau," Lakers general manager Mitch Kupchak said.
McMenamin on Gasol's signing
If Kobe Bryant follows Gasol's lead in signing an extension, L.A. will have the core in place to make a legitimate run at four rings in a row. Ron Artest is signed through 2011-12 with a player option for 2012-13 and Andrew Bynum and Lamar Odom are both signed through 2011-12 as well, with team options for 2012-13. Full story
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A superb rebounder, a solid low-post defender and a dependable No. 2 scoring option alongside Bryant, Gasol earned an All-Star berth and averaged 18.9 points and 9.6 rebounds last season as Los Angeles won its 15th NBA title. His numbers are nearly the same this season despite missing the first 11 games with an injured right hamstring.
Los Angeles is 15-1 since Gasol's return. The Lakers host the Cleveland Cavaliers on Christmas Day.
Gasol led Spain to the most recent FIBA world championship and the European title, winning tournament MVP honors both times. After starting his NBA career as a reluctant franchise player in Memphis, he much prefers the cool California lifestyle in a cosmopolitan city more like his native Barcelona.
"I think I've matured a lot since I came here, and the quality of everything is just a bit higher [than in Memphis]," Gasol said.
Gasol feels the Lakers have a remarkable team chemistry, with no jealousy or anger over playing time or scoring chances. Young center Andrew Bynum is signed through 2012 with a club option for the following season, while Gasol, Lamar Odom and Ron Artest all agreed to extensions or new contracts in the last few months to be supporting players to Bryant, the NBA's second-leading scorer with 29.3 points per game.
Land o' Lakers on Gasol's signing
While Pau Gasol was the headliner Wednesday afternoon in El Segundo, signing a three year extension that'll keep him in purple and gold through the 2013-14 season, any time Mitch Kupchak enters a room of reporters it's a given other subjects will come up. Things like, oh, the two biggest potential free agents they have- Kobe Bryant and Phil Jackson. Blog
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Gasol said he believes Bryant intends to finalize his own extension soon, keeping together the Lakers' championship core for several more years. Although Bryant hasn't formally inked a three-year extension likely worth more than $80 million, he declined the chance to opt out of his current contract this summer, flatly saying he wouldn't leave the Lakers.
"We continue to have dialogue with Kobe and his representative," Kupchak said. "I do anticipate continued discussions, but that's really all I can say. I've always felt ... that Kobe should and would end his career in Los Angeles."
With owner Jerry Buss willing to spend beyond the limits of the salary cap, Kupchak believes he can keep together the entire core of the NBA's most valuable and profitable franchise, according to Forbes magazine. Kupchak even believes the Lakers can keep 10-time NBA champion coach Phil Jackson, who has given confusing signals in recent weeks about whether he sees a long-term future with the club.
"If he sees growth and a future with this team, he'll come back," Kupchak said. "Cutting a deal is the easy part. It's about his health, and what he's achieved."
ESPN.com senior writer Marc Stein and The Associated Press contributed to this report.