The Los Angeles Times is reporting that Bynum and the Lakers have agreed to a four-year, $58 million extension that will keep the seven-foot big man with the club through the 2012-13 campaign. If an agreement had not been reached, Bynum would have become a restricted free agent next July, however the Lakers would have had the right to match any offer he received from other teams.
Bynum is playing in his fourth campaign in the NBA. He has averaged 10 points and six rebounds in LA's first two games this season. He played just 35 games in 2007-08 because of a left knee injury.
The 21-year-old Bynum, who had knee surgery during the offseason, has played in 165 games, with 80 starts, during his career. He owns career averages of 7.2 points and 5.6 boards per contest. Bynum has shot 56.9 percent from the floor and 64.9 percent from the charity stripe in the NBA.
The Lakers opened 2008-09 with convincing victories over the Portland Trail Blazers and the Clippers.