LeBron James agrees two-year, $97 mln extension with Lakers
ESPN reported on Wednesday that Los Angeles Lakers forward LeBron James has agreed to a two-year agreement worth $97.1 million.
Rich Paul, his agent, stated that the contract contains an extension option for an additional year through the 2024-25 season.
James, who was entering the final season of his $44.5 million contract, turns 38 in December and is therefore limited to a two-year extension, as he will be 38 or older when the contract expires.
The agreement would make the four-time NBA champion and MVP the highest-earning player in NBA history, surpassing Brooklyn Nets forwards Kevin Durant with $532 million in career guaranteed money.
In February, James refuted rumours that he was considering leaving the underperforming Lakers, stating that he intended to remain with the team for as long as he can play. read further
Despite James averaging 30,3 points, 8.2 rebounds, and 6.2 assists in 2022, the Lakers failed to qualify for the postseason. He was limited to 56 games by injuries.