Report: Lakers, Dennis Schroder discussing contract extension

Dennis Schroder
LOS ANGELES, CA – December 11: Montrezl Harrell #15 and Dennis Schroder #17 of the Los Angeles Lakers talk during a preseason game against the LA Clippers on December 11, 2020 at STAPLES Center in Los Angeles, California. NOTE TO USER: User expressly acknowledges and agrees that, by downloading and/or using this Photograph, user is consenting to the terms and conditions of the Getty Images License Agreement. Mandatory Copyright Notice: Copyright 2020 NBAE (Photo by Adam Pantozzi/NBAE via Getty Images)

The Los Angeles Lakers and point guard Dennis Schroder have begun discussions on a contract extension, according to ESPN’s Adrian Wojnarowski.

According to Woj, Schröder already rejected a two-year, $33.4 million extension from the Lakers which was the most they could offer him before February 16th. As such, it’s expected that the two sides will pick up negotiations again around that time.

The maximum extension he would be able to sign then is a four-year, $83 million deal starting at $18.3 million in the first year. Whether the Lakers reach agreement on an extension or not, they would retain his Bird Rights and have the ability to go over the cap to retain him as a free agent. If the Lakers lose the point guard, they would find it difficult to replace him with their cap limitations.

After Friday’s Christmas Day win over the Dallas Mavericks, Schroder told reporters that he “would love to” sign an extension with the Lakers, so long as it’s a fair deal for both sides.

Anthony Davis seemed more than happy to hear the news, as well:

The Lakers already have LeBron James, Davis, Kentavious Caldwell-Pope, and Kyle Kuzma under contract for at least the next three years. Kuzma signed an extension before the December 22nd deadline for players still on their rookie contracts.

Schröder had a strong debut on Tuesday, scoring 14 points, grabbing 10 rebounds and dishing six assists. He was named the team’s starter after finishing second in Sixth Man of the Year voting last season with the Oklahoma City Thunder.

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