LeBron James agrees to 2-year $97.1m extension with the Lakers
Ricky Gray | August 18, 2022
Included in the contract agreement is a third-year player option.
It would seem that contract talks in Los Angeles have come to a close, at least for LeBron James. This is pretty great news for the Lakers as they’ve lost a few players already.
He’s agreed to a two-year, $97.1m contract extension including a player option for the 2024-25 season.
This extension includes a 15% trade kicker, making James the highest-earning player in NBA history with $532m in career guaranteed money, passing Kevin Durant.
It’s important to note that James is ineligible for a no-trade clause because he agreed on an extension, not a new deal. However, the new contract's starting salary of $46.7m and the 15% trade kicker could see James with the Lakers for a while.
The Lakers still have over $20m in salary cap space for the 2023 offseason. During the 2024 season, they’ll be able to sign a third max contract player.
It’ll be interesting to see if the Lakers decide to pursue another player to add to the Lakers lineup. They missed the playoffs last season and many are disappointed with the team.
A few more pieces could help James, who averaged 30.3 points, 8.2 rebounds and 6.2 assists last season. Injuries kept James out of a significant number of games last year.
One player that they’ve come to rely on is Anthony Davis. Davis is a good player to go along with James but what they really need is a strong guard that can run the offense.
At the moment, James wears many hats as a point guard, small forward, and power forward. We feel that this stretches James too thin and is a reason for the lack of success in Los Angeles.
Keep your eyes open for any extra moves from the Lakers before the season starts.