LeBron James signs two-year contract extension with Lakers

LeBron James signs two-year contract extension with Lakers

For the first time in a decade, LeBron will be playing under a sub-max contract.

Legendary forward Lakers LeBron James extended his contract with the club for two years.

James signed a deal worth a total of $101.35 million, below the $104 million cap hit he could have commanded. It’s the first time in more than a decade that LeBron will be taking a salary below the cap.

The 39-year-old forward took a pay cut to help the Lakers attract a quality new player, but the team was unable to sign Klay Thompson or DeMar DeRozan, whom they had hoped for.

James will be playing his 23rd season in his career. The forward will become the absolute NBA record holder for this indicator, surpassing the achievement of Vince Carter.

Let’s recall that the Lakers signed a four-year contract with 19-year-old Bronny James. Soon, LeBron and Bronny should become the first father and son in NBA history to play in the league and the same franchise at the same time.

The Lakers finished eighth in the Western Conference regular season and advanced to the play-in stage. In the playoffs, the Lakers lost to the Denver Nuggets in five games.

Source: Sportarena

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