LeBron James isn’t going anywhere. According to reports by Adrian Wojnarowski of ESPN and Shams Charania of The Athletic, James and the Los Angeles Lakers came to terms on a 2-year max contract extension that is slated to keep him in the purple and gold through potentially the 2024-25 campaign.
The pair report that James will get a deal worth $97.1 million, while Wojnarowski brings word that the second year of James’ deal includes a player option. James was previously slated to enter this year with one year left on his deal before he had the opportunity to hit unrestricted free agency.
BREAKING: Los Angeles Lakers star LeBron James has agreed on a two-year, $97.1 million contract extension – including a player option for the 2024-2025 season, @KlutchSports CEO Rich Paul tells ESPN. James had been entering final year of deal worth $44.5M.
— Adrian Wojnarowski (@wojespn) August 17, 2022
Sources: Four-time NBA champion LeBron James has agreed to a two-year, $97.1 million maximum contract extension with the Los Angeles Lakers, taking him under contract through 2024-25 season.
— Shams Charania (@ShamsCharania) August 17, 2022
Wojnarowski added another fun wrinkle: James has the potential to make more money on this deal. If the NBA’s salary cap substantially increases in the lead-up to the 2023-23 campaign, James’ deal apparently increases to $111 million.
The deal can increase to $111 million if the salary cap in 2023-2024 rises to a substantially higher number.
— Adrian Wojnarowski (@wojespn) August 17, 2022
Despite the fact that the Lakers missed out on the postseason this past year, James was still ultra productive, even without mentioning that he turned 37 last year. James averaged 30.3 points, 8.2 rebounds, and 6.2 assists in 37.2 minutes per game, but only appeared in 56 games due to a short bout with COVID and injuries. There are still plenty of questions about what Los Angeles will look like next year, but at the very least, they’ll know they are going into battle with one of the greatest players of all time on their roster.
