The Lakers have until Oct. 31 to sign Andrew Bynum to a contract extension; otherwise, the 7-footer becomes a restricted free agent after the season. Bynum's agent, David Lee, and the Lakers aren't close to a deal, according to the Los Angeles Times:
Lee is seeking a five-year extension for his client worth an estimated $17 million a year, while the Lakers are more comfortable paying Bynum about $10 million a year, possibly with incentives for All-Star appearances and team playoff success.
As per terms of the collective-bargaining agreement, teams can only offer incentives that move an annual salary upward. Bynum could not be penalized financially for missing games because of injuries.
The Lakers like the potential of Bynum and want to sign him for another five years, though they feel the need to protect themselves financially in case Bynum gets injured again.
• Lakers' Andrew Bynum and Pau Gasol still finding each other (Los Angeles Times)
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