LeBron James agrees to a $97 million contract extension with the Lakers

LeBron James #6 of the Los Angeles Lakers hits the ball during a game against the New Orleans Pelicans on April 1, 2022 at the Crypto.Com Arena in Los Angeles, California.

Adam Pantozzi | National Basketball Association | Getty Images

LeBron James has reportedly agreed to a two-year, $97.1 million contract extension with the Los Angeles Lakers.

According to tweets from ESPN’s Adrian Wojnarowski and The Athletic’s Shams Charania, the 37-year-old NBA veteran is extending his stay in Los Angeles.

Rich Paul, CEO of Klutch Sports, confirmed extension to ESPN on Wednesday. ESPN reported that the deal solidifies James as the highest paid player in NBA history with $532 million guaranteed in his career.

The Lakers struggled last season, missing the playoffs despite James scoring 30.3 points per game in his 19th season, his most since the 2005-06 season.

The upcoming season was to be the last in LeBron’s original $44.5 million contract. With the extension, the contract expires along with Anthony Davis after two seasons.

The four-time NBA champion will remain in Los Angeles for the next two seasons, along with the hope of another championship for the city.

Read the article on ESPN.

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