LeBron James, the Lakers’ superstar, has a billion-dollar net worth
LeBron James continues to make headlines both on and off the court....
Multiple reports on Wednesday indicated that LeBron James and the Los Angeles Lakers have agreed to terms on a two-year contract extension worth $97.1 million.
According to ESPN and The Athletic, the contract includes a player option for the 2024-25 season, during which James’ 17-year-old son Bronny might make his NBA debut.
LeBron James’ deal is worth up to $111 million over two years based on salary cap rises. https://t.co/2SryOYbJMY
— Shams Charania (@ShamsCharania) August 17, 2022
The superstar forward’s contract could be worth $111 million if the NBA salary cap increases significantly for the 2023-24 season.
Terms would give James a guaranteed career earnings total of $532 million, surpassing Kevin Durant’s record guaranteed career earnings total. James is a four-time NBA champion and four-time NBA Most Valuable Player.
James, 37, has stated that he intends to play until the 2024-25 season so that he may play alongside his Los Angeles-area high school star son.
James, who would have entered the final season of his Lakers’ contract in October, will now be able to negotiate a new deal or become a free agent in two seasons, the same possibilities that star colleague Anthony Davis possesses.
The Lakers won their most recent NBA championship in 2020, however, they missed the playoffs with a 33-49 record and LeBron James was limited to 56 games by injuries despite averaging 30.3 points, 8.3 rebounds, and 6.2 assists per game.
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