LeBron's New Contract Details
LeBron James has agreed to a two-year, $104 million maximum extension with the Los Angeles Lakers, as reported by Shams Charania. The deal includes a player option for the second year and a no-trade clause, making LeBron and Bradley Beal the only current players with such a clause.
Contract Breakdown
According to Woj, James will return for his 22nd season under a 1+1 contract. He and the Lakers are discussing a potential $1 million salary reduction to stay below the second luxury tax threshold of $188.9 million for the 2024-25 season. If LeBron signs the contract, the Lakers' payroll will exceed this threshold, resulting in several restrictions, such as losing the mid-level exception and limitations on trades.
Historic Achievement
This extension makes James the first player in NBA history to surpass $500 million in career earnings. Next season, LeBron's salary will be $49.98 million, followed by $52.48 million in the 2025-26 season.
LeBron's Continued Dominance
At 39, LeBron is set to tie Vince Carter's record for the longest NBA career. In the 2023-24 season, James played 71 games, averaging 25.7 points, 7.3 rebounds, 8.3 assists, and 1.3 steals per game, demonstrating his sustained impact and value to the Lakers.
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