Star of the Los Angeles Lakers LeBron James has signed to a two-year, $97.1 million contract extension with a player option for the 2024–25 campaign.
A 15% trade kicker is part of the extension.
With $532 million in career guaranteed income as a result of the agreement, James surpasses Brooklyn Nets star Kevin Durant as the highest-paid player in NBA history.
James is ineligible for a no-trade clause because he consented to an extension rather than a new contract.
However, the new contract's beginning salary of $46.7 million, the 15% trade kicker, and James' status as one of the game's all-time greats will almost certainly keep him a Laker for as long as he wants.
He may sign a free agent contract and do so next summer.
James has won the NBA MVP award four times and has been an All-Star 18 times.
James, the focal point of the Lakers' aspirations of contending, is still an All-NBA player despite being close to 38 years old.
James entering the final year of his $44.5 million contract.