Anthony Davis is set to sign a new five-year deal with the Los Angeles Lakers worth $190million, according to an ESPN report. 

Davis helped the franchise win the NBA title in his first season since arriving as the centrepiece in a trade with the New Orleans Pelicans, as the 2019-20 season concluded in Orlando due to the coronavirus pandemic. 

The seven-time All-Star opted out of the final year of his previous contract, making him a free agent. 

However, Davis was always expected to remain with the Lakers, who have also agreed terms on an extension with LeBron James. 

Adrian Wojnarowski was the first to reveal the news about Davis accepting a maximum offer that includes an opt-out clause for the fifth and final year, which would be the 2024-25 season. 

News broke of James agreeing a two-year, $85m extension on Wednesday, ahead of the four-time NBA MVP playing in a 17th season.

The first overall pick in 2012 by New Orleans, Davis averaged 26.1 points in the Lakers' title-winning campaign - the most by any team-mate of LeBron's when appearing in at least 70 per cent of games.

His numbers rose in the playoffs too, the 27-year-old averaging 27.7 points, 9.7 rebounds and 3.5 assists as the Lakers lifted the Larry O'Brien Trophy, a triumph sealed with a 4-2 series win over the Miami Heat in the NBA Finals.

Davis' long-term deal comes towards the end of a busy offseason for the reigning champions.

As well as retaining their two superstars, Dennis Schroder, Wesley Matthews, Montrezl Harrell and Marc Gasol have all arrived to help bolster the roster.

The Lakers begin the defence of their crown on December 22, as they go up against Los Angeles rivals the Clippers on the opening day of the new season.