The Los Angeles Lakers and forward Jarred Vanderbilt have agreed to a four-year, $48 million extension, his representatives confirmed Friday.
The deal is fully guaranteed and includes a player option in the fourth year, Klutch Sports CEO Rich Paul and agent Erika Ruiz told multiple media outlets.
Vanderbilt, 24, had been set to become an unrestricted free agent following the 2023-24 campaign.
He averaged 7.2 points, 6.7 rebounds, 1.6 assists and 1.2 steals in 26 games (24 starts) with the Lakers last season after being acquired from the Utah Jazz in a three-team trade on Feb. 9.
A second-round pick in 2018, Vanderbilt has career averages of 6.2 points and 6.6 rebounds in 244 games (162 starts) with the Denver Nuggets, Minnesota Timberwolves, Jazz and Lakers.