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LeBron James New Contract with Lakers : Complete breakdown of ‘The King’s’ insane 85 million salary

Amulya Shekhar
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Lebron James New Contract with Lakers: Complete breakdown of 'The King's' insane 85 million salary

In a bolt from the blue, the Los Angeles Lakers have confirmed re-signing LeBron James to a 2-year extension worth $85 million.

James’s earlier contract with the Lakers was worth 4 years, $154 million. He had a player option for year 4 of the contract. James will now be extending his stay with the Purple and Gold brigade till the 2022-23 season at least. This effectively means we will see him play out his peak with the Lakers.

Also Read: ‘We can repeat’: LeBron James believes the Lakers are in prime position to win back-to-back NBA titles

The Lakers first signed LeBron James as a free agent in the summer of 2018. Fresh off his 8th consecutive NBA Finals appearance in a row, James was wooed by then Lakers’ President of Basketball Operations, Magic Johnson.

Details of LeBron James’ new contract with the Lakers

James will play out the current season (2020-21) under the same contract as before. He will then start playing under the new contract in the 2021-22 season.

Under his old contract, James was set to be paid just a tad north of the $41 million mark for the 2021-22 season. With this extension, his pay in that season increases by $180,000. His 2022-23 salary will be worth a whopping $44.47 million.

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James’s contract expires just in time for Bronny to either start attending college, or declare for the NBA Draft if the league decides to allow players straight out of high school once again. In such a scenario, the Lakers would throw the kitchen sink and try to sign his son and allow James to fulfil his lifelong wish of playing alongside Bronny in the NBA.

About the author

Amulya Shekhar

Amulya Shekhar

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Amulya Shekhar is a sports junkie who thrives on the thrills and frills of live sports action across basketball, football (the American variant works too), parkour, adventure sports. He believes sports connect us to our best selves, and he hopes to help people experience sports more holistically.

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