The Los Angeles Lakers and Jarred Vanderbilt agreed to terms on a four-year extension worth $48 million, according to league sources. Here’s what you need to know:
- In 78 total games with the Lakers and Jazz last year, Vanderbilt averaged a career-high 7.9 points per game to go with 7.5 rebounds and 2.4 assists per game.
- The 6-foot-9 forward started 24 games for the Lakers after being acquired at the trade deadline and served as one of the team’s most important defenders.
- The 24-year-old has played with five teams since being drafted No. 11 in the 2019 NBA Draft.

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Los Angeles Lakers forward Jarred Vanderbilt has agreed on a four-year, $48 million contract extension with the franchise, Klutch Sports CEO Rich Paul and agent Erika Ruiz told @TheAthletic @Stadium. Deal is fully guaranteed with a player option in the fourth year. pic.twitter.com/4kuLlt8zeT
— Shams Charania (@ShamsCharania) September 15, 2023
Backstory
Vanderbilt was acquired by the Lakers in a three-team trade with the Jazz and the Timberwolves in February. The deal saw Los Angeles revamp their roster by sending out Russell Westbrook and taking back D’Angelo Russell, Vanderbilt and Malik Beasley.
Vanderbilt was set to become an unrestricted free agent in 2024 after concluding the three-year, $13.1 million deal he signed with Minnesota in 2021.
Vanderbilt’s extension marks the latest move in a busy Lakers offseason, which has included extensions for Anthony Davis, Russell, Austin Reaves and Rui Hachimura as well as the additions of Gabe Vincent, Taurean Prince, Cam Reddish, Jaxson Hayes and Christian Wood.

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Davis’ deal marked the richest annual contract extension in NBA history.
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(Photo: Ron Chenoy / USA Today)