The Los Angeles Lakers announced Monday that they had signed 35-year-old Kobe Bryant to a two-year contract extension, and ESPN's Chris Broussard reports the deal is worth a total of more than $48 million. Bryant's current deal, which is paying him $30.4 million in its final year, ends after the 2013-14 season.
Though he's taking a salary cut, Bryant will remain as the NBA's highest-paid player. Breaking it down by year, Broussard was first of many to report that Bryant will make $23.5 million in 2014-15 and $25 million in 2015-16.
Bryant will be the highest-paid NBA player in each season but only by a little bit. Next season, New York Knicks forward Amare Stoudemire tops the NBA salary list with a contract that will pay him $23.4 million. In 2015-16, Bryant's base salary again sits about $100,000 above the second-highest salary. Joe Johnson of the Brooklyn Nets is owed $24.9 million two years down the road.