The 39-year-old James will stay in L.A. for his 22nd NBA season with a deal that will include a player option for the 2025-26 season and a no-trade clause
Lakers star LeBron James, seen while playing against the Clippers on Nov. 1, 2023, at Crypto.com Arena, will reportedly re-sign with the team for two years and $104 million. LeBron James and the Lakers have agreed to terms on a two-year, $104 million contract that would keep the league’s all-time leading scorer in Los Angeles for his 22nd NBA season.who declined his $51.
He’ll have the option to reassess his own future, as well as the Lakers’, next offseason ahead of what would be an unprecedented 23rd NBA season.that James’ agent, Klutch Sports CEO Rich Paul, and Lakers General Manager and Vice President of Basketball Operations Rob Pelinka planned on discussing the possibility of James taking a pay cut of at least $1 million to keep the Lakers under the $188.9 million second apron threshold.
James was reportedly willing to take a significant pay cut so the Lakers have the financial flexibility to add a significant player with the full non-taxpayer midlevel exception, which will be $12.82 million. James is expected to sign his new deal with the Lakers before Team USA’s training camp, in preparation for this summer’s Paris Olympics, starts this weekend in Las Vegas.
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