Ongoing rumours of recent days are confirmed, Anthony Davis and The New Orleans Pelicans have agreed on a contract extension for $145 million over five years. These new fees will not start until the 2016-17 season.

It’s simply the biggest multi-year contract in history, more consistent than $136 million over 7 years, signed by Kobe Bryant in 2004. A contract made possible by the “Derrick Rose Rule” allowing a franchise to build 30% of salary cap on its best player. This is the maximum possible allowed for a player.

Note that the star of the Pelicans will have an exit clause after the fourth year, in 2020.

Considered one of the biggest hopes of the NBA basketball and probably a regular candidate for MVP, the No.1 draft pick in 2012 now has the keys of the franchise and a small empire before him.

“I’m here to stay! It is only beginning …,” wrote the 22-year-old on his Twitter account.

The Pelicans, supposedly the champions, were cleaned out by The Golden State Warriors at first round of the last series. But Davis did nothing wrong, he’s maintained an averages of 31.5 points and 11 rebounds per playoff game after presenting statistics of 24.4 points, 10.2 balls recovered under the basket during the regular season .