Free agent forward Lamar Odom will return to the Los Angeles Lakers, an NBA source said Thursday.
One source with knowledge of the talks told ESPN.com the four-year deal is worth $33 million if the Lakers exercise the final season.
Odom
The source said Odom will come away with a guaranteed $27 million from the new contract, matching the original value of the three-year, $27 million deal Lakers owner Jerry Buss pulled off the table earlier this month.
It's believed that the structure of the new deal calls for Odom to earn $25 million over the first three seasons, with the Lakers owing him $2 million in the fourth year if they elect not to pick up their team option.
Reached Thursday evening, Odom's agent, Jeff Schwartz, declined to discuss specifics but confirmed that the sides have an agreement in principle.
One source with knowledge of the talks told ESPN.com the four-year deal is worth $33 million if the Lakers exercise the final season.
Odom
The source said Odom will come away with a guaranteed $27 million from the new contract, matching the original value of the three-year, $27 million deal Lakers owner Jerry Buss pulled off the table earlier this month.
It's believed that the structure of the new deal calls for Odom to earn $25 million over the first three seasons, with the Lakers owing him $2 million in the fourth year if they elect not to pick up their team option.
Reached Thursday evening, Odom's agent, Jeff Schwartz, declined to discuss specifics but confirmed that the sides have an agreement in principle.
Lakers general manager Mitch Kupchak declined comment.
(ESPN.com)
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