The NBA franchise’s are all suffering financial losses due to the pandemic. However, the Lakers would still seem to re-sign all-star Anthony Davis due to their massive TV deal.
Lakers fans across the globe can rejoice after the latest development about Davis’ contract situation. The Lakers are one of the most popular teams across the globe.
With such glittering popularity across the world, the Lakers have created a massive fortune for themselves. The recently revealed values of TV deal enables them to re-sign Davis to a max contract this summer irrespective of other financial crisis surrounding the league.
Anthony Davis’ contract extension
The Lakers all-star is all set to sign a short contract in order to keep his options open for the future. With Davis being one of the best players in the league, he will surely demand a hefty payday. But with the Lakers earning a massive fortune through their TV deal, they can easily tie down Davis to a new deal this summer.
And the reports state that the Lakers want AD to continue his stay in Los Angeles as the Lakers are upto something special until LeBron is plying his trade there. And maybe later, if Davis is up for it, he can be the main man and the Lakers can get another superstar in.
How much does the Lakers earn from their TV deal?
The Lakers earn a whooping $200 million annually from their local television deal. They also earn a $100 million as share from their national television deal, providing enough revenue to bring back Davis even without income from ticket sales.
The Los Angeles Lakers are worth a reported $4 billion. All-time greats like Kareem Abdul-Jabbar, Magic Johnson, Kobe Bryant, Shaquille O’Neal and LeBron James have played for the storied franchise over the years.
What’s next for Davis and his Lakers?
Davis got injured during the Lakers’ second scrimmage against the Orlando Magic. The multi-time all-star is expected to return in time for the Lakers’ clash against the Clippers. Davis is also in the running to win the Defensive Player of the Year Award this season.
The Lakers are one of the favorites to win the championships this year. The team led by LeBron and Davis sit atop the western conference and looked in peak form before the lockdown.