Lakers, Davis reach $186M extension through '28

Los Angeles Lakers forward Anthony Davis has agreed on a three-year, $186 million maximum contract extension, tying him to the franchise through 2028 for a total of $270 million, Klutch Sports CEO Rich Paul told ESPN on Friday.

Davis' deal is the richest annual contract extension in NBA history, averaging $62 million a season.

Davis, who had two years and $84 million left on his contract, became eligible to sign the three-year extension on Friday, and Lakers general manager Rob Pelinka and Paul moved quickly to complete a deal.

Along with LeBron James, Davis remains a cornerstone of a team that advanced to the Western Conference Finals a season ago.

Davis, 30, arrived in a blockbuster 2019 trade with the New Orleans Pelicans and helped deliver a 2020 NBA championship to the Lakers. He averaged 26 points, 12.5 points and two blocks a game for the Lakers -- shooting a career-high 56% -- last season.

Davis, a four-time All-NBA first-team player, has averaged 25 points and two blocks in a season five times -- the third-highest total behind only Shaquille O'Neal and Kareem Abdul-Jabbar, according to ESPN Stats and Information.

During the 2023 playoffs, Davis became the third Lakers player with 50 blocks in a single postseason, behind only O'Neal and Abdul-Jabbar.