LeBron James has signed a two-year, $104 million contract to stay with the Los Angeles Lakers. This deal includes a player option for the 2025-26 season and an exclusive no-trade clause. The agreement allows James to reassess his future with the Lakers after next season, giving him flexibility as he enters his 22nd NBA season.
The new deal could push the Lakers’ salaries slightly over the league’s new punitive salary cap unless James takes just below the maximum amount. James’ agent, Rich Paul, plans to discuss a slight pay cut to help keep the Lakers under the $188.9 million cap. Meanwhile, the Lakers aim to sign Bronny James Jr., making history as the first father-son duo in the NBA.
James, turning 40 in December, continues to build on an illustrious career, being the highest scorer in NBA history and ranking in top spots for assists, steals, and other categories. Last season, he averaged 25.7 points, 8.3 assists, and 7.3 rebounds. Despite his record-setting achievements, the Lakers struggled to get past the first playoff round for the fourth time in six seasons with James. However, his previous tenure with the Miami Heat and Cleveland Cavaliers saw him reach the NBA Finals for eight consecutive years.