Friday, June 5, 2026

LeBron James Signs Lakers Extension, Becomes NBA’s Highest Earner

  • James agreed with Los Angeles on a two-year, $97.1M contract Wednesday.
  • The deal guarantees him $532 million in career earnings — the most in NBA history.
LeBron James new deal will make him the highest paid NBA earner.
Tommy Gilligan-USA TODAY Sports

Despite all of the ups and (more recently) downs he’s experienced there, LeBron James is sticking around Los Angeles.

On Wednesday, James agreed to a two-year, $97.1 million extension with the Lakers, per Adrian Wojnarowski.

Wojnarowski notes that the deal includes a player option for the 2024-25 season and a 15% trade kicker. James had been entering the final season of the two-year, $85 million contract he signed in Dec. 2020.

The new contract guarantees the 37-year-old $532 million in career earnings — which passes Kevin Durant ($499M) as the highest-earning player in NBA history.

Of course, one of the largest factors in James elongating his career is the potential opportunity to play with his son, Bronny, who is currently entering his senior year in high school and would be NBA Draft eligible in 2024.

James cooled rumors on Bronny’s post-high school choices this week, saying that the 17-year-old has only made one college visit and had a handful of calls with coaches.

For his part, LeBron is still planning for his post-basketball life: His VC firm — LRMR Ventures — recently made a significant investment in Canyon Bicycles.

This field is for validation purposes and should be left unchanged.

Sign up for
The Memo Newsletter

Get the biggest stories and best analysis on the business of sports delivered to your inbox twice every weekday and twice on weekends.

This site is protected by reCAPTCHA and the Google Privacy Policy and Terms of Service apply.
Linkedin
Whatsapp
Copy Link
Link Copied
Link Copied

What to Read

Jun 3, 2026; San Antonio, Texas, USA; New York Knicks guard Jalen Brunson (11) dribbles the ball past San Antonio Spurs guard Stephon Castle (5) in the first half during game one of the 2026 NBA Finals at Frost Bank Center.

NBA Finals Game 1 Draws 16.9M Viewers

Game 2 between the Knicks and Spurs is Friday.

Does Market Size Still Matter in the NBA?

This year’s Finals pits the biggest market against one of the smallest.
Apr 18, 2026; Los Angeles, California, USA; ESPN analysts Richard Jefferson (left) and Tim Legler (center) and play-by-play announcer Mike Breen during game one of the first round of the 2026 NBA Playoffs between the Los Angeles Lakers and the Houston Rockets at Crypto.com Arena.

ESPN’s Tim Legler: ‘I Don’t Think About Coaching Anymore’

Legler is making his NBA Finals broadcasting debut.
Dec 20, 2025; Oxford, MS, USA; Eli Manning former Mississippi Rebels quarterback and NFL star visits the field prior to a game against the Tulane Green Wave at Vaught-Hemingway Stadium.

Not ‘About Raising Prices’: Eli Manning Invests in Youth Sports

Manning discussed the Knicks’ playoff run and the Giants’ new coach.

Featured Today

Ai sports slop

How Sports Became Ground Zero for AI Slop

The category is the perfect breeding ground for AI content churn.
FILE PHOTO: Soccer Football - FIFA World Cup - UEFA Qualifiers - Group A - Germany v Luxembourg - Rhein-Neckar-Arena, Sinsheim, Germany - October 10, 2025 Germany coach Julian Nagelsmann
June 4, 2026

‘Weird Corners of the World’: How to Find a World Cup Coach

National associations look for a winning record—and also hope for serendipity.
June 3, 2026

The Elite High Schools Hosting World Cup Teams

Spain, Morocco, Croatia, and Switzerland chose schools as their tournament base camps.
Frances Cabral-Delaney
May 29, 2026

How Arsenal Fandom Went ‘Manic’

“People do not become Arsenal fans because it’s easy,” says Zohran Mamdani.
June 3, 2026

The $3 Million Player Who Changed The Spurs Season

The Spurs went 39–11 with Julian Champagnie as a starter.
June 5, 2026

Sanders’s Record NFLPA Income Was Mostly From Trading Cards

The bulk of Sanders’s record NFLPA income came from cards, not jerseys.
Sponsored

Landon Donovan: What Soccer in America Still Needs

Landon Donovan discusses the evolution of soccer in America and investing in the NWSL.
Jun 2, 2026; San Antonio, TX, USA; San Antonio Spurs forward Victor Wembanyama (1) looks over during practice on media day for the 2026 NBA Finals at Frost Bank Center.
June 3, 2026

Will There Be a Wemby Effect for NBA Finals in France?

France will have two Finals broadcasters for the first time.
Jun 3, 2026; Paris, France; Maja Chwalinska of Poland tosses the ball to serve during her match against Anna Kalinskaya on day 10 at Stade Roland Garros.
June 3, 2026

French Open’s Cinderella Runs May Not Play in Wimbledon

Wimbledon finalizes its entries in mid-May, before the French Open ends.
Jun 2, 2026; Raleigh, North Carolina, USA; Vegas Golden Knights goaltender Carter Hart (79) prepares for the fdfirst period against the Carolina Hurricanes in game one of the 2026 Stanley Cup Final at Lenovo Center
June 3, 2026

Hockey Canada Trial Looms Over Hart in Stanley Cup Playoffs

Carolina fans broke out into a “no means no” chant.
June 3, 2026

Landon Donovan Thinks World Cup Will Boost MLS

Donovan argues hosting World Cup games will lead owners to spend more.