The Lakers exercised the fourth-year option on the contract of guard Jordan Farmar on Monday, but center Andrew Bynum is still without an extension as Friday's deadline approaches.

Bynum, who will make $2.8 million this season in the final year of his contract, is reportedly looking to sign a five-year extension worth approximately $85 million.

The Lakers haven't moved on any sort of extension even though the deadline is Friday, according to Bynum's agent.

"Whatever happens, happens," agent David Lee said.