In a major offseason development, the Los Angeles Lakers have officially committed to paying NBA superstar LeBron James a staggering $92.9 million as part of a two-year contract extension, the team confirmed today.
The extension, which includes a player option for the second year, was agreed upon earlier this month and solidifies LeBron’s continued presence with the franchise through the 2026–27 NBA season — assuming he doesn’t opt out after the 2025–26 campaign.
Historic Payday
The deal makes James the highest-paid player in NBA history based on total career earnings, surpassing $530 million in on-court salary alone. His new contract, averaging nearly $46.5 million per season, reflects both his enduring value on the court and his iconic status in the basketball world.
James, who turned 40 in December 2024, showed few signs of slowing down last season. He averaged 24.8 points, 7.2 rebounds, and 7.9 assists per game while leading the Lakers to the Western Conference Finals. Despite his age, LeBron remains one of the league’s most influential players and continues to command significant attention both in the NBA and across global sports.
Strategic Move by the Lakers
For the Lakers, this contract extension is as much about performance as it is about legacy. LeBron remains the face of the franchise and a central piece in their short-term title hopes. With new head coach JJ Redick at the helm and a retooled roster featuring emerging talents and veteran depth, the Lakers are clearly going all-in on a win-now strategy.
The deal also reportedly includes a 15% trade kicker, increasing James’ financial protection while giving him leverage over any future roster decisions or potential moves.
LeBron’s Future Plans
While LeBron has hinted that retirement may not be far off, he has also expressed interest in playing alongside his son, Bronny James, who was drafted by the Lakers with the 55th overall pick in June 2024. With Bronny now officially on the roster, the father-son duo is poised to make history as the first such pairing in NBA history.
What It Means for the Cap
From a salary cap standpoint, LeBron’s extension will keep the Lakers’ books tight, especially with Anthony Davis also on a max contract. However, with the NBA’s salary cap projected to rise significantly in coming years due to new media rights deals, Los Angeles is banking on increased flexibility to support continued competitiveness.
Bottom Line:
At 40 years old, LeBron James continues to redefine longevity, dominance, and marketability in professional sports. With $92.9 million guaranteed over the next two seasons, the Lakers are not just paying for a player — they’re investing in a living legend who still shapes the game, both on and off the court.
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