Wednesday, July 29, 2026
  • -
    days
  • -
    hours
  • -
    minutes
  • -
    seconds

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

Jul 28, 2026; Seattle, Washington, USA; Fan hold a Indiana Fever guard Sophie Cunningham (8) (not pictured) sign during the first half between the Seattle Storm and the Indiana Fever at Climate Pledge Arena. Mandatory Credit: Steven Bisig-Imagn Images
First at FOS

Storm Apologize for Owner Comments to Sophie Cunningham Fans

The fans held a sign thanking Cunningham “for speaking up for girls.”
Jan 7, 2026; Los Angeles, California, USA; San Jose Sharks center Macklin Celebrini (71) celebrates his goal scored against the Los Angeles Kings during the third period at Crypto.com Arena

Macklin Celebrini Contract Extension Sets New NHL Salary Mark

The Sharks locked up its young phenom at a record AAV.
Jan 11, 2026; Philadelphia, PA, USA; Philadelphia Eagles defensive tackle Jalen Carter (98) against the San Francisco 49ers in an NFC Wild Card Round game at Lincoln Financial Field.

Record Salary Cap Pushes NFL Contracts to New Highs

Historic contracts continue to show the league’s deep pockets.

Yankees, Knicks Ditch Gotham App for DAZN Deal

Yankees, Knicks, Nets, Rangers, Devils, Islanders, and Sabres all head to DAZN.
podcast thumbnail mobile
Front Office Sports Today

7/29/26 – FIFA’s $20B Profit Machine, Record NCAA Jersey Patch Deals, LIV Golf Cancels Another Event

0:00

Featured Today

Tom's Watch Bar

Sports Bars Are Cashing In From Summer of Soccer

The World Cup has brought a windfall to America’s biggest sports bars.
Jun 16, 2026; East Rutherford, New Jersey, USA; France forward Michael Olise (11) controls the ball against Senegal during a Group I match of the 2026 FIFA World Cup at New York New Jersey Stadium
July 16, 2026

Where World Cup Stars Go to Customize Their Cleats

The world’s best players turn to a Scottish craftsman for perfect cleats.
July 10, 2026

What the World Cup Means to Erling Haaland’s Tiny Hometown

The tournament’s breakout star is from a rural Norwegian town.
July 10, 2026

Why So Many Media Outlets Are Rushing Into Sports

Sports coverage has ballooned in every corner of media.
Pillow Fight Championship
July 8, 2026

How Obscure Sports Get Mainstream TV Deals

For niche sports, getting on TV often matters more than getting paid.

John Isner Backs Tennis Players’ Push for More Pay

Stars conducted a 15-minute media boycott at the French Open.
July 24, 2026

WNBA Union Leaders Sidestep Cathy Engelbert Questions 

Engelbert will speak at a press conference Saturday.
Sep 22, 2016; Foxborough, MA, USA; New England Patriots tight end Rob Gronkowski (87) and Patriots head coach Bill Belichick walk along the sidelines before their game against the Houston Texans at Gillette Stadium. Mandatory Credit: Winslow Townson-USA TODAY Sports
July 27, 2026

Gronk on His Favorite Memorabilia and Belichick’s Jersey-Swap Ban

Gronkowski also discussed Belichick’s approach to managing his personality.
Sponsored

Saints Great Turns to Ownership

Marques Colston discusses the launch of Champions Fund and how he navigated the business world after football
May 2, 2026; Henderson, NV, USA; Las Vegas Raiders quarterback Fernando Mendoza (15) speaks during a news conference at the team’s Rookie Minicamp at Intermountain Health Performance Center.
July 24, 2026

Mendoza Signs $57M Contract While Pavia’s Path Uncertain

The No. 1 pick in the NFL Draft finally signed his rookie contract.
July 22, 2026

Jonathan Vaughters Defends Late-Night Tour de France Drug Tests 

“Do you want the appearance of clean, or do you want clean and fair?”
July 22, 2026

Jake Paul Responds to Critics: ‘I Brought Boxing to Netflix’

Paul believes the Tyson fight’s Netflix audience will never be matched.
kyle rudolph
July 22, 2026

Former Viking Kyle Rudolph: Private Equity ‘Great’ for the NFL

Private equity makes “these assets a little more liquid.”