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Anthony Davis plans to opt out of $ 28.7 million player option, re-signing with Lakers, according to report

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Los Angeles Lakers fans can breathe a sigh of relief. After helping lead the franchise to their first NBA title in a decade, All-Star great Anthony Davis is expected to turn down his player option for next season and re-sign with the Lakers in free agency during the off-season. according to Shams Charania of The Athletic. Davis has a player option worth $ 28.7 million for the 2020-2021 season that he will walk away in favor of a new deal.

From Charania:

Davis plans to withdraw from $ 28.7 million player option and re-sign with the Lakers, sources sayThe athletic. Davis and his agent, Rich Paul, will be holding meetings over the next few weeks to discuss the situation and contract period that makes the most sense for Davis.

When it comes to signing a new deal, Davis has options in terms of length. He could sign a two-year deal with a player option for the second season, a three-year deal with a player option for the third season, or a four-year deal with a player option for the fourth season. When it comes to contract length, it’s up to Davis to decide how long he wants to commit to LA and how soon he wants to become a free agent again. Of course, he can always choose to sign with the Lakers again when the next deal is up, if he wants to. Obviously, the longer Davis signs, the more guaranteed money he could make, which could be a wise move given the uncertainty about the competition’s salary cap due to the impact of the coronavirus pandemic on the company’s bottom line.

Davis, 27, never sniffed the NBA Finals during his seven seasons with the Pelicans in New Orleans. So, given that the Lakers won a title during his first season in LA, it’s not particularly surprising that Davis is interested in staying with the franchise, even though he was on the go immediately after the Lakers won the Larry O’Brien trophy lifted in. Orlando.

“I have no idea.” Davis said when asked about his upcoming free agency, “I had a great time in LA this year. It was nothing but joy and amazement. We’ll get it over the next few months. I’m not 100 percent sure. . ”

A major factor in Davis’s decision to stay in LA is the friendship he developed with LeBron James. Davis and James have built a strong bond both on and off the court, and that relationship clearly translates into success on the court. James may be 35 years old, but he’s still near the peak of his strength as a player, and Davis is very keen to maximize the time he has to play alongside – and chase more championship rings – with LeBron. James reportedly even told Davis that the duo have more work to do after their Miami Heat final win. James has two more years on his current contract with the Lakers, with the second year as a player option.

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