LeBron James Signs 2-Year, $104 Million Deal to Extend Stay with Lakers

By Nr Arinze Apexwxld

LeBron James Signs Lucrative 2-Year, $104M Contract Extension with Los Angeles Lakers, Securing Future with Historic NBA Franchise and Setting New Milestones.

LeBron James

The Los Angeles Lakers have successfully secured an agreement with their prominent forward, LeBron James. Sources confirm that James and the Lakers have finalized a significant two-year contract valued at $104 million, complete with a no-trade clause. 


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This deal, offering James the maximum compensation from the Lakers, ensures his presence with the team until he potentially reaches 41 years of age by the contract's end.

Notably, discussions between the Lakers and James' representative, Rich Paul from Klutch Sports, hint at a potential slight reduction in James' salary to maintain the team's financial flexibility and avoid breaching the luxury tax threshold.


Projections indicate that James could earn close to $50 million in the 2024-25 season, potentially pushing his career on-court earnings beyond the $500 million mark, a historic achievement within the NBA.

His choice to remain with the Lakers follows reports that he intended to negotiate a new contract with the team after opting out of his previous agreement for the upcoming 2024-25 season.

LeBron James

Additionally, the Lakers added a compelling dimension by selecting Bronny James, LeBron's eldest son, in the second round of the 2024 NBA Draft. This move positions the team to potentially create a unique father-son pairing, a noteworthy development in NBA history.

Location: United States

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