Since acquiring Pau Gasol during the 2007-2008 season, the Los Angeles Lakers have never suffered through a three game losing streak. If they never go through one of those during his tenure in L.A., as of today, that means that they won’t suffer three Ls in a row through the 2013-2014 season, when Gasol would again be a free agent.

As the Los Angeles Times first reported earlier today:

The Lakers will announce today thatPau Gasolhas signed a three-year contract extension.

The sides agreed to terms late last week, but Gasol had to return home with the team and pass a physical exam before signing an extension worth up to $64.7 million, depending on NBA salary-cap figures to be determined in 2011.

The press conference was held earlier this afternoon.