Los Angeles Lakers star LeBron James has agreed to a two-year, $97.1 million contract extension that includes a player option for the 2024-25 season, Klutch Sports CEO Rich Paul told ESPN on Wednesday.
The extension, which includes a 15% trade kicker, makes James the highest-earning player in NBA history with $532 million in career guaranteed money, surpassing Brooklyn Nets star Kevin Durant.
With the deal, the four-time NBA champion and MVP and 18-time All-Star eliminates concern that he could enter free agency next summer. Despite approaching 38 years old, James remains an All-NBA-level player and the centerpiece of the Lakers' contention hopes.
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