LOS ANGELES, CA – LeBron James agreed to a 2-year deal with the Los Angeles Lakers according to ESPN. It is reported that Klutch Sports Agent Rich Paul, LeBron’s Agent, that the deal is priced at $97.1 and includes a player option for the 2024-25 season.
The deal gives James two years to try to win another championship with the Lakers, who have been disappointing, especially last year, with the disastrous signing of Russell Westbrook.
With this new deal, James contract is more in sign with Anthony Davis, with whom, when on the court, are one of the most potent combinations in the NBA.
James was coming to the final year of his contract and now aligns both of them to be eligible for new deals in the same year.
The deal also set James up well for the future, when his son, Bronnie James , should be of age to enter the NBA during his option season in 2024.
The flexibility aligns with LeBron’s expressed wishes of playing on the same team that drafts his son into the league.
The extension, which includes a 15% trade kicker, makes James the highest-earning player in NBA history with $532 million in career guaranteed money, surpassing Brooklyn Nets star Kevin Durant.
James has been strong on the court despite his age, 38 in December, and is in line to be one of the greatest players in NBA history at the age of 40.
The Lakers could have north of $20 million in salary-cap space in the 2023 offseason and would have the ability to sign a third max contract player in the 2024 offseason. The player options increase salary-cap space if players decline them, and yet remain on new deals.