LeBron James And The L.A. Lakers Agree to 2-Year, $85 Million Max Contract Extension

LeBron James has agreed to a two-year, $85 million extension with the Los Angeles Lakers. His agent Rich Paul told Shams Charania of The Athletic and Stadium.

According to The Bleacher Report, James is currently under contract for this season at $39.2 million. The basketball superstar had a player option for the 2021-22 season at $41.0 million, but Charania noted this extension will run through the 2022-23 season, superseding that player option and giving him a slight bump in pay.

Locking the future Hall of Famer up for a couple more years was a no-brainer move for the Lakers, as James still appears to be near the peak of his professional powers as a player even though he is 35 years old entering his 18th season in the league. James just led the Lakers to their first NBA title since 2010 and was named Finals MVP in Orlando for his incredible efforts this year.