LeBron James is staying in Los Angeles and is getting a good chunk of change in the process.
Klutch Sports CEO Rich Paul told ESPN that James agreed to a two-year contract extension worth a whopping $97.1 million. The deal also includes a player option for the 2024-25 season. The deal also includes a 15% trade kicker, according to the report.
“James is ineligible for a no-trade clause because he agreed on an extension — not a new deal,” ESPN’s Adrian Wojnarowski reported. “But the new contract’s starting salary of $46.7 million, the 15% trade kicker and James’ stature as one of history’s great players likely make him a Laker for as long as he chooses.”
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