LeBron James has agreed to a two-year, $97 million contract extension with the Los Angeles Lakers. The news was reported by Adrian Wojnarowski of ESPN. The deal will keep James with the Lakers through 2024. The contract also has a third year player’s option. If exercised, it would extend James’ tenure in L.A. through 2025.
Wojnarowski offers details on the extension and how it cements James’ place in league history:
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.