LeBron James Agrees To 2-Year, $85 Million Extension With L.A. Lakers

Prior to the extension, James had two years remaining on the four-year, $153 million pact that he signed with L.A. in 2018, but the final year was a player option. 

James, who is set to earn $39.2 million this season after leading the Lakers to the 2020 NBA championship, will now make $41.18 million in 2021-22 and $44.47 million in 2022-23.

Upon the completion of this newly inked extension, James will have logged a total of 20 seasons in the NBA.

Several pundits have pointed out James’ oldest son, Bronny, is scheduled to graduate high school in 2023 and could enter the NBA Draft that year if the league and the players union agree to allow high school graduates to declare for the draft.