MONEY MAN: NBA Records LeBron James Will Break With His Extension With Los Angeles Lakers
Follow Us
After getting what the Los Angeles Lakers have been vying for a decade, the franchise had their own unique token of appreciation for LeBron James. They extended his stint with the purple and gold for another two years. According to Shams Charania of The Athletic, his new contract is worth $85 million.
Booking the to-be Hall of Famer for as long as possible would have been a no-brainer for the Lakers. Can one imagine any other 35-year-old NBA player, who is in the 17th season of his career, still play in his prime? Well, if anybody can do it, then it’s King James.
The question is, what could be the reasons behind LeBron signing this contract? There are many. First of, with the way the Lakers have aligned the pieces this offseason, picking the best players, they have all the potential to raise another banner in the 2020-21 campaign.
ADVERTISEMENT
Article continues below this ad
Secondly, James still had two more years on his existing four-year deal that he signed in 2018, with a player option in 2020-21. Now, he will be bound till 2023, which is when his son Bronny finishes high school and might be able to enroll for the NBA Draft, provided the eligibility changes by then.
LeBron James‘ contract runs through 2023 — when his son, Bronny, graduates high school and could have option to enter the NBA Draft if the league and NBPA change the high school-to-pro rule. https://t.co/6bcMLgYTVV
— Shams Charania (@ShamsCharania) December 2, 2020
LeBron James’ new deal breaks records
LBJ isn’t immune to adding achievements to his resume. But to break the league’s records financially is another ball-game altogether. According to ESPN Stats and Info, “LeBron’s 2-yr/$85M extension is the largest 2-year deal in NBA history.
ADVERTISEMENT
Article continues below this ad
“By the end of this season, James ($343.9M) will have passed Kevin Garnett for the most earnings in NBA history. With the extension, James will become the first NBA player to eclipse $400M in career earnings.”
Trending
Heat Injury Report: Latest On Jimmy Butler, Terry Rozier, Duncan Robinson Ahead of Game 2 vs Celtics
April 24, 2024 02:46 PM EDT
What Happened to Kenny Smith’s Legs? Unfolding the Sad Truth Behind TNT Host’s Dodgy Knees
April 22, 2024 08:05 PM EDT
“So Rigged”: All Hell Breaks Loose as Jamal Murray Forces LeBron James’ Lakers Into Bitter Embarrassment
April 23, 2024 06:21 AM EDT
Is Dawn Staley Married? Details on South Carolina Coach’s Love Life and Special Bond With Lisa Boyer
March 16, 2024 06:41 PM EDT
Billionaire Michael Jordan’s $61 Million Arrival in Talladega Saw Unusual Absence of Wife Yvette Prieto
April 22, 2024 03:36 PM EDT
Get instantly notified of the hottest NBA stories via Google! Click on Follow Us and Tap the Blue Star.
Follow Us
LeBron's 2-yr/$85M extension is the largest 2-year deal in NBA history.
By the end of this season, James ($343.9M) will have passed Kevin Garnett for the most earnings in NBA history.
With the extension, James will become the first NBA player to eclipse $400M in career earnings pic.twitter.com/RN0zokLo1T
— ESPN Stats & Info (@ESPNStatsInfo) December 3, 2020
ADVERTISEMENT
Article continues below this ad
This is a very lucrative deal. One NBA analyst, who jumps at the opportunity to criticize Bron, said that his deal takes up so much cap size that the Lakers won’t be able to add in another big star.
Bron’s extension means that Anthony Davis might also want to stay longer. Davis and LeBron’s partnership on and off the court has been a treat to watch. Will they again create history by going for their second straight title?