Redick s contract renewal for two years in advance: He will benefit first by selling it for 10 billion yuan

Everyone knows that the new Lakers boss Mark Walter likes to spend money to build a team, and Lakers coach Redick has become the first beneficiary. According to ESPN's famous reporter Charane, the Lakers have renewed Redick's contract for two years in advance, so Redick's contract has a total of $45 million left for five years. Although the Lakers were eliminated in the first round of the playoffs in the 2024-25 season, the team actually gave Redick a sharp salary increase.

Redick signed a four-year, $32 million contract with the Lakers in 2024, with an average annual salary of $8 million. Originally, he had three years and $24 million left in the contract, which means that the Lakers actually renewed the contract with Reddick for 2 years and $21 million in advance. In the last two years of the contract, Redick's annual salary exceeded $10 million, and he entered the ranks of high-paid coaches in the league.

Mark Walter acquired the Lakers for a sky-high price of 10 billion US dollars this summer, and he also began to change the internal situation of the Lakers. In the past few years, the Lakers have been stingy in spending money on the coaching team. During Ham's two seasons coaching the Lakers, the coaching team looked like a straw team and lacked senior coaches.

In the summer of 2024, the Lakers hired Redick as the head coach, and finally improved the coaching team configuration. McMillan and Scott Brooks, two coaches with NBA coaching experience, became Redick's assistants.

Objectively speaking, the Lakers' performance last season was not very successful. Although they ranked third in the Western Conference with 50 wins and 32 losses in the regular season, they were eliminated by the Timberwolves in the first round of the playoffs. For the Lakers whose goal is to win the championship, being eliminated in the first round is actually a failure. Former coach Ham led the Lakers out in the first round in the 2023-24 season and was subsequently fired. You know, the Lakers won the midseason championship that season, but Ham was eliminated in the first round. In contrast, Redick was treated as a salary increase and contract renewal. Of course, the Lakers' first round of the season has a lot to do with the team's unreasonable staffing configuration and the serious lack of combat effectiveness in the inside after completing Doncic's trade. Perhaps, Lakers' senior executives feel that Redick does not need to be responsible for the first round of the Lakers' playoffs last season.

Mark Walter used a record-breaking 10 billion to acquire the Lakers this summer, so naturally he will continue to let go of his hands and feet. When he bought the Los Angeles Dodgers, he spent a lot of money and eventually promoted the Dodgers to win the championship. Walter spent a lot of money, and Redick was the first to taste the sweetness.

Pellinka praised Redick: "We believe that Redick is an outstanding coach with a unique coaching philosophy, and his ideological system is continuing to promote the shaping of the Lakers' excellent culture. We hope to clearly convey the management's position through this contract renewal. This is not only the development direction we firmly believe in, but also the team building policy that the team will fully implement, and it is also the blueprint that players need to follow in the process of integrating into the team system. I think that from the perspective of long-term construction, formulating continuous plans is crucial to the team's future development."

It is obvious that the Lakers also put Redick in the long-term planning of the team. When the Lakers hired Redick as the head coach last year, US media revealed that the Lakers hoped Redick would become a champion coach like Spoelstra and accompany the team for a long time. Now, the Lakers have verified this with practical actions. Generally speaking, coaches who currently earn tens of millions of annual salary in the league either have won the championship or led the team to the finals. Redick is just the coach of the first round of the playoffs, but he has received a two-year, $21 million early contract renewal. It has to be said that the Lakers did give Redick huge preferential treatment. (Text/Li Huanyu)