That sigh of relief you just heard after LeBron James’ two-year contract extension with the Los Angeles Lakers was announced was from execs at the NBA, TNT, ABC & ESPN.The deal will keep the league’s marquee player in the league for at least two more years — health permitting.
It means the 37-year-old James, who is “box office” in the parlance of ESPN’s Stephen A. Smith, will remain a player on the league’s marquee team through 2024, and possibly longer.
That’s good for ratings, even if the Lakers can’t make the playoffs.The agreement, as announced by ESPN’s Adrian Wojnarowski, is for “a two-year, $97.1 million contract extension – including a player option for the 2024-2025 season.
James had been entering final year of deal worth $44.5M.” The Lakers superstar will become “the highest earning player in NBA history with $532M in guaranteed money,” surpassing Brooklyn’s Kevin Durant, according to Wojnarowski.James, of course, has a thriving career outside of basketball.
Read more on deadline.com
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