The Los Angeles Lakers and LeBron James have agreed to a two-year, $97.1 million contract extension with a player option for a third year.
The deal includes 15 percent swap hits, making James the highest paid player in NBA history with $532 million over a career, according to ESPN.
ESPN’s Adrian Wojnarowski reports that James has signed a new contract as he enters the final year of his $44.5 million deal.
BREAKING: Los Angeles Lakers star LeBron James has agreed to a two-year, $97.1 million contract extension for the 2024-25 season, including a player option. @KlutchSports CEO Rich Paul told ESPN. James is entering the final year of a $44.5 million deal.
— Adrian Wojnarowski (@wojespn) 17 August 2022
“The deal could rise to $111 million if the 2023-2024 salary cap rises to a significantly higher level,” Voinarovsky said. said.
Since receiving the extension, James is not in compliance with the trade ban clause.
Under the new deal, James surpassed Brooklyn Nets star Kevin Durant to become the highest paid player in the NBA.
James is limited to a two-year deal because the league’s collective bargaining agreements change for players when they turn 38 on December 30.
The Lakers missed the playoffs for the second time in a row in 2022, while James was sitting on the bench with an ankle injury.
But in the last few days it’s been slowing down. Outkick, for example, said he played the fewest games in a season (45) in the 2020-21 season.
James missed 26 games with an ankle injury. And the Lakers went 8-18 without him and finished the season with a 33-49 record.
Source: Breitbart