The $ 176.3 million (€ 150 million) contract includes a clause on player choice in the fourth year.
Earlier, Lenard rejected the player’s choice to continue playing for the Los Angeles club for $ 36 million and became a free agent, but a week ago he announced that he had decided to return to the Clippers.
Lenard, 30, is expected to miss much of next season as he underwent right knee anterior cruciate ligament surgery on July 13th.
The injury led him to miss the last eight games of the Clippers season and cast doubt on his chances of going on the pitch early next season.
The two-time most valuable player in the NBA Finals in last season’s NBA playoffs scored an average of 30.4 points per game, won 7.7 rebounds and scored 4.4 times, and scored 57 percent of the game, including a 39 percent three-point throw.
In the regular season, he averaged 24.8 points in 52 games, scored 6.5 rebounds and made 5.2 assists.
