Dennis Schroder's contract is set to expire after the 2020-21 season, but the Los Angeles Lakers are already working to keep the explosive guard in Staples Center for a long time.

According to Adrian Wojnarowski of ESPN, the Lakers are already in talks with Schroder's camp for a possible extension. Apparently, the Purple and Gold sent an offer to the guard's way before the campaign started, but they could delay the extension until February when they could offer more money of up to $83 million for four years.

The Lakers acquired Dennis Schroder from the Oklahoma City Thunder last November, sending Danny Green and the 2020 No. 28 draft pick in the process.

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Schroder figures to be a big part of the Lakers' rotation this 2020-21  season, especially after Rajon Rondo also left LA and signed with the Hawks in the offseason. In fact, he started in the team's first two games of the campaign against the Los Angeles Clippers and Dallas Mavericks.

It remains to be seen how much and how long Schroder will be extended, but it is worth noting that Rob Pelinka and Co. have a lot of money committed to the trio of Anthony Davis, LeBron James and Kyle Kuzma.

Earlier this December, Davis inked the max extension worth $190 million for five years, while LeBron got an additional two years with the team at $85 million. Meanwhile, Kuzma reached a three-year, $40 million deal to stay with the Lakers.