The Los Angeles Lakers have officially signed forward Jarred Vanderbilt to a 4-year, $48 million contract extension. The deal, which includes a player option for the final year, solidifies Vanderbilt’s position as a key player for the Lakers.
The contract details are as follows: the extension is worth $48 million over four years, with annual salaries of $10.7 million for the 2023-24 season, $11.6 million for the 2024-25 season, $12.4 million for the 2025-26 season, and a player option worth $13.3 million for the 2026-27 season. The contract is fully guaranteed, with standard 8% raises each year.
Vanderbilt’s extension is a testament to the Lakers’ commitment to building a strong core. He brings his expertise as a versatile perimeter defender, often tasked with guarding the opponent’s top scorer, and provides valuable rebounding support. Vanderbilt’s energetic play and defensive prowess make him a valuable asset to the Lakers.
With Vanderbilt locked in, the Lakers are signaling their intention to compete for championships in the near future. The team’s front office has been busy this offseason, locking down key players to long-term deals. The Lakers are poised for success with a strong roster and a clear vision for the future.
