LOS ANGELES: LeBron James has agreed to terms on a two-year NBA contract extension with the Los Angeles Lakers worth $97.1 million, according to multiple reports on Wednesday.
The deal, according to ESPN and The Athletic, includes a player option for the 2024-25 season, in which James could see his 17-year-old son Bronny become an NBA rookie.
The contract could be worth $111 million to the superstar forward if the NBA salary cap makes a major jump for the 2023-24 campaign.
Terms would give James a career guaranteed total earnings number of $532 million, edging the four-time NBA champion and four-time NBA Most Valuable Player ahead of Kevin Durant for the record guaranteed career earnings total.
James, 37, has said he wants to play through the 2024-25 season for the chance to play alongside his eldest son, a top high school prospect in Los Angeles.
James, who would have been entering the final season of his Lakers' contract in October, will now be able to negotiate a new deal or become a free agent in two seasons, the same options available to star teammate Anthony Davis.
The Lakers won their most recent NBA title in 2020 but missed the play-offs last season, going 33-49, and James was limited to 56 games by injuries although he averaged 30.3 points, 8.2 rebounds and 6.2 assists a game. -- AFP