According to a report from Adrian Wojnarowski, 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 and that the deal can increase to $111 million if the salary cap in 2023-2024 rises to a substantially higher number.
Wojnarowski added that the two-year, $97.1M extension, which includes a 15 percent trade kicker, makes LeBron James the highest earning player in NBA history with $532M in guaranteed money. He surpasses Brooklyn’s Kevin Durant.
It is interesting that the Lakers would want to give LeBron an extension considering he could not even lead them to the NBA Playoffs this past season. (Sorry, had to throw that in!)
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
The two-year, $97.1M extension, which includes a 15 percent trade kicker, makes LeBron James the highest earning player in NBA history with $532M in guaranteed money. He surpasses Brooklyn’s Kevin Durant. pic.twitter.com/UUHMspiKZp
— Adrian Wojnarowski (@wojespn) August 17, 2022