LeBron James signs two-year, $111 million extension with Lakers

Los Angeles Lakers star LeBron James has agreed on a two-year, $97.1 million contract extension – including a player option for the 2024-2025 season, according to Adrian Wojnarowski of ESPN.

Wojnarowski also added that the deal can increase to $111 million if the salary cap in 2023-2024 rises to a substantially higher number.