Los Angeles, CA – In a shocking move, the Los Angeles Lakers have agreed to a one-year, $21 million contract extension with four-time NBA champion Lebron
James, 38, has been with the Lakers since 2018 and led the team to the 2020 NBA championship. The new deal keeps him in purple and gold through the 2024-2025 seasons.
Sources close to the negotiations revealed:
– 1-year contract extension
– $21 million annual salary
– No-trade clause
– Partial ownership stake in the Lakers organization
“I’m thrilled to continue my journey with the Lakers,” James said. “We’ve built something special here, and I’m committed to bringing another championship to the city of Los Angeles.”
“We’re ecstatic to retain LeBron’s incredible talent and leadership,” said Lakers General Manager, Rob Pelinka. “He’s the heart and soul of our team.”
The signing sends a clear message: the Lakers are all-in on their championship pursuit. Rivals take note.
– 4 NBA championships
– 4 MVP awards
– 17 All-Star appearances
– $21 million annual salary
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