A report from the Los Angeles Times indicated that Kobe Bryant could opt out of his contract and become an unrestricted free agent July 1st.

Bryant conceivably could depart the Lakers for another team, but that scenario appears highly unlikely.

The club's long term outlook as a perennial title contender will affect his decision, according to sources that spoke with the Los Angeles Times.

The report from the Los Angeles Times indicated that a maximum 'extension' would be for five years and $135 million.

Bryant is not eligible for a full extension because of the Over-36 rule. The cutoff date is October 1st and Bryant's birthday is August 23rd, meaning Bryant could potentially miss out on more than $30 million by just under 40 days.

Via RealGM Staff Report

Los Angeles Lakers

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