LeBron James agrees to two-year, $85 million extension with Lakers

The Los Angeles Lakers will have LeBron James under contract through the 2023-24 season, according to Shams Charania.

While everybody was waiting for the Los Angeles Lakers to announce the signing of Anthony Davis, the Lakers landed an even bigger commitment for the future of their franchise and LeBron James has made it clear where he sees himself playing for the foreseeable future. LeBron James has agreed to a 2-year extension with the Lakers worth $85 million, according to Shams Charania of The Athletic/Stadium.

LeBron’s previous contract took him through the 2021-22 season, but a two-year extension would take him through the 2022-23 season in a Los Angeles Lakers uniform, according to Shams. So, he effectively picked up his player option for the 2021 season and agreed to add another year to the deal. Of course, that will also keep him in a Lakers uniform at the time that his son Bronny James, a sophomore at Sierra Canyon, could be eligible to join the NBA after graduating from high school, provided the NBA agrees to change their age requirements.

Davis is widely expected to agree to a contract this offseason and if he agrees to a three-year deal with a player option in the 3rd year, that would keep his contractual situation aligned with LeBron’s. But no matter what happens with the Davis contract, the Lakers offseason that was already a massive success for their title defense, the LeBron extension added a major W for the future of the franchise. LeBron will turn 36 on December 30 and the Lakers will start the coming season on Dec. 22.

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