Well, it’s finally official: Nick Young is staying in Los Angeles.
While the Lakers and Young reportedly agreed to a deal almost two weeks ago, the team had to delay the official signing of the 29-year-old’s new contract in order to pull off other moves while staying under the salary cap.
Young’s deal is rumored to be for four-years and $21.5 million. The fourth year will be a player option, according to reports.
“When Nick became a free agent in June, I expressed hope that we would be able to bring him back on a contract that was in the best interest of both the Lakers and himself, and I am proud to say we were able to do so,” Lakers general manager Mitch Kupchak said in a statement released by the team. “Nick was a bright spot for us last season, and we are happy to retain such a skilled player who is committed to being a part of what we are building as a franchise.”
Young averaged a career-high 17.9 points on 43 percent shooting in just 28.3 minutes per game last season. He also made 38 percent of his attempts from beyond the arc.
The next move for the Lakers will likely be to re-sign Jordan Hill using his Bird rights, a move that will then take the purple and gold over the cap and enable them to make their other agreements official.
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