Gasol gets his contract extension

The Lakers have just announced they will hold a press conference this afternoon to announce a three-year contract extension for power forward/center Pau Gasol. The money is in the neighborhood of $64 million over the three seasons. The exact figures won’t be locked in until after the salary cap is set for the first year of his deal. Gasol still has two seasons left, including 2009-10, on his present contract. The next item of business for Lakers GM Mitch Kupchak is completing a similiar three-year extension for Kobe Bryant.