LeBron James signed by Lakers with contract extension option

LeBron James - Los Angeles Lakers

According to the Los Angeles Lakers, LeBron James has extended his contract with them by two years.

In three of James’ four seasons with the Lakers, he has missed a substantial chunk of the season due to injuries. When the Lakers won their 17th NBA championship in the Florida bubble during the extended 2019–20 season, he was essentially healthy.

Over the past two seasons, when healthy, he has been every bit the dominant player of his peak. When his son Bronny enters the NBA, James has on occasion stated that he plans to play on the same team as Bronny.

The younger James may be eligible for the NBA draft in the summer of 2024, even though there are still several barriers in his way.

With his new contract, James has surpassed Kevin Durant, who previously held the record after agreeing to a max extension with the Brooklyn Nets. James is now the highest-paid player in NBA history.

Below is everything we know about James signing with the Lakers for a two-year extension.

Read More: LeBron James extension: Six things you need to know

Lakers sign LeBron James to Contract Extension

LeBron James has signed a two-year deal with the Lakers that includes a player option. Until his son joins the NBA, James will remain a Los Angeles Laker for the near future. According to Adrian Wojnarowski of ESPN, he agreed to a two-year, $97.1 million agreement with the Lakers. 

Until at least 2024, when he might exercise his option, the agreement prevents him from becoming a free agent. The deal includes a 15% trade kicker in addition to the maximum value that could be given. The agreement might increase to more than $110 million if the pay cap is raised.

James, whose contract was about to expire, now has the same options as All-Star Anthony Davis to either sign a new deal with the Lakers or become a free agent in two seasons. With the agreement, the four-time NBA champion, MVP, and 18-time All-Star allays fears that he might sign a free agent contract the next summer. 

James, the focal point of the Lakers’ aspirations of contending, is still an All-NBA player despite being close to 38 years old. The Lakers may be more proactive in trades as they attempt to transform this year’s roster into a championship team now that James has committed to wearing Purple and Gold for at least two more seasons.

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