December 7, 2022

Reports: Lakers sign LeBron James to two-year extension worth $97.1 million

LeBron James is now the highest-earning player in NBA history after agreeing to terms of a $97.1 million extension with the Lakers on Wednesday, according to multiple reports.

The two-year deal, which also includes a third-year player option, pushes James ahead of Kevin Durant for the highest-earning player based on NBA contract terms alone at $532 million.

RELATED: LeBron James becomes the NBA’s first active billionaire

James was put into free agency pending the end of the 2022-23 season but will now stay with the Purple and Gold until the 2025 season.

He’s coming off one of his best offensive seasons yet, despite an array of injuries and a vastly underperforming Lakers roster. In 56 games last season, he averaged 30.3 points, 8.2 rebounds and 6.2 assists in 37.2 minutes played per game.

A four-time NBA MVP and champion and 18-time All-Star, James has recently found himself stepping into the upper echelons of the game’s greatest players, climbing nearly every Top Ten category in terms of all-around stats. NBA time.

Earlier this offseason, LeBron has become the NBA’s first active billionaire., joining only Michael Jordan as players in the game to cross that career earnings threshold. James, however, was the first to do so while hitting the hardwood every night.

More soon.