LeBron James has committed to the Los Angeles Lakers once again, signing a two-year, $104 million maximum contract after declining his player option for the 2024-25 season.
The deal, valued slightly below the $104 million max at $101.355 million, positions the Lakers strategically under the second salary cap apron, granting financial flexibility.
Included in the contract are a player option and a no-trade clause, ensuring James maintains control over his future with the franchise.
Moreover, the agreement features a 15 percent trade kicker, potentially increasing James’ earnings if traded to another team.
James, a 39-year-old NBA superstar, averaged 25.7 points, 7.3 rebounds, and 8.3 assists per game in the previous season.
In addressing his decision to accept a pay cut, James emphasized his commitment to the Lakers and their competitive strategy amidst league challenges.
“Me being able to be in a situation where I can protect the franchise under the second apron, understanding this new thing is very hard on a lot of teams as far as them trying to get better and whatever the case may be,” James explained, as reported by the Los Angeles Times.
“I’m, I’ve been in a relationship with the Lakers going on seven years. I’m absolutely OK with [taking a pay cut].”
