Los Angeles Lakers superstar LeBron James agreed to a two-year, $97.1 million contract extension that includes a player option for the 2024-25 season, ESPN reported yesterday.
Per the network, James’ extension — which includes a 15 percent trade kicker — makes him the highest-earning player in NBA history with $532 million in guaranteed money. James, who turns 38 on Dec. 30, had been set to make $44.5 million entering the final season of his previous contract.
James, obviously, had plenty of money prior to this contract. Forbes estimated his net worth at $1 billion in June, making him the first active NBA player to reach the status.