Phil Jackson and the Lakers are expected to complete a two-year contract extension worth perhaps $16 million, before bonuses, in the coming week.

Jackson's initial contract ? $30 million over five years and another $2 million per championship in bonuses ? runs through the coming season. He spent much of the summer at his home in Montana, deciding early on that he was healthy enough and properly motivated to sign on at least through the 2005-06 season, and returned to Los Angeles a week ago with the intention of lengthening his stay with the Lakers.

Team owner Jerry Buss, who is expected to return from his summer-long stay in Europe on Tuesday, and Jackson probably will meet again next week and may complete the deal then. Jackson plans to return to Montana shortly thereafter, then return before training camp begins in late September.

Though he contemplated retirement through parts of last season because of fatigue and discomfort, Jackson successfully passed kidney stones, then underwent a late-season angioplasty, and soon after found his energy restored.

Jackson, who will be 58 next month, was involved in the recruiting of free agents Gary Payton and Karl Malone, even as he traveled by motorcycle from Los Angeles to North Dakota for his 40th high school reunion. Both players said Jackson had told them he intended to coach beyond the coming season.

The Lakers won NBA championships in Jackson's first three seasons as coach. He coached six champions in Chicago, for nine overall, one shy of Red Auerbach's record with the Boston Celtics.