LeBron James has agreed to a two-year, $97.1 million contract extension by means of the 2024-25 season with the Los Angeles Lakers, his agent introduced Wednesday.
Klutch Sports activities CEO Wealthy Paul mentioned the league-maximum deal makes James the highest-paid participant in NBA historical past. His new deal features a participant choice that may preserve the second-leading scorer in NBA historical past with the Lakers previous his fortieth birthday in December 2024.
The 37-year-old James is headed into the ultimate yr of his most up-to-date contract with the Lakers, who signed the four-time NBA Most Beneficial Participant and four-time league champion in July 2018. The brand new deal means the 18-time All-Star will make $46.7 million this season.
Barring damage, James is prone to surpass Kareem Abdul-Jabbar because the NBA’s profession scoring king this winter. James and the Lakers additionally nonetheless hope to be in rivalry for an additional title if James and Anthony Davis can return at full well being after an injury-plagued 2021-22 ended with no playoff look.
James’ new deal syncs with Davis’ most up-to-date contract extension with the Lakers, permitting each to depart the Lakers or to barter new offers in 2024. Each superstars are represented by Klutch.
James’ recommitment to the Lakers additionally silences persistent speak of his doable departure as a free agent or in a commerce. James hasn’t seemed to be going anyplace on social media or in his public appearances, and he praised the hiring of latest Lakers coach Darvin Ham.
James has missed vital parts of the season as a consequence of damage in three of his 4 years with the Lakers. He was largely wholesome within the elongated 2019-20 season when the Lakers received the franchise’s seventeenth NBA title within the Florida bubble, and he has been each bit the dominant participant of his prime when at full energy within the ensuing two years.
Though his contract standing impressed loads of offseason chatter, James appeared unlikely to relocate after spending the previous 4 seasons of his 19-year profession with the storied Lakers. His household is settled in Los Angeles, the place his eldest son, Bronny, is a 17-year-old senior and school basketball prospect taking part in at Sierra Canyon Excessive College in Chatsworth.
James has sometimes mentioned he intends to play on the identical crew with Bronny when his son reaches the NBA. Though loads of obstacles stay between the youthful James and the NBA, he may very well be draft-eligible in the summertime of 2024.