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Los Angeles Lakers ahead Anthony Davis has agreed to a three-year, $186 million most contract extension, tying him to the franchise by means of 2028 for a complete of $270 million, Klutch Sports activities CEO Wealthy Paul informed ESPN on Friday.

Davis’ deal is the richest annual contract extension in NBA historical past, averaging $62 million a season.

Davis, who had two years and $84 million left on his contract, turned eligible to signal the three-year extension on Friday, and Lakers basic supervisor Rob Pelinka and Paul moved shortly to finish a deal.

Together with LeBron James, Davis stays a cornerstone of a staff that superior to the Western Convention finals a season in the past. He averaged 26 factors, 12.5 factors and a pair of blocks — capturing a career-high 56% — final season.

Davis, a four-time All-NBA first-team participant, has averaged 25 factors and two blocks in a season 5 occasions — the third-highest whole behind solely Shaquille O’Neal and Kareem Abdul-Jabbar, in keeping with ESPN Stats & Data analysis.

In the course of the 2023 playoffs, Davis turned the third Lakers participant with 50 blocks in a single postseason, behind solely O’Neal and Abdul-Jabbar.

Davis, 30, arrived in a blockbuster 2019 commerce with the New Orleans Pelicans and, together with James, helped ship a 2020 NBA championship to the Lakers.

Davis and James had their contracts operating concurrently after each signed new offers within the aftermath of the 2020 title.

Davis’ new extension, nonetheless, creates a bridge past James’ present dedication to the franchise. James, who’s coming into his twenty first season, has a participant possibility for the 2024-2025 season.

Already this summer season, the Lakers signed Rui Hachimura, Austin Reaves and Gabe Vincent to free agent offers that run by means of 2025.

“Could not assume extra extremely of Anthony Davis as a Laker and as a participant,” Pelinka mentioned not too long ago. “He is helped ship a championship to our franchise. He is been an unbelievable captain and chief.”

ESPN’s Dave McMenamin contributed to this report.