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Wednesday, July 16, 2025

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.

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