LeBron James to remain Los Angeles Laker with $97.1m contract extension

LeBron James has come to terms with the Los Angeles Lakers on a mammoth contract extension which will make him the highest-earning player in NBA history.

The 37-year-old’s management agency, Klutch Sports Group, said the two-year extension was worth $97.1million.

In a post on Twitter, Klutch’s official account said: “Congrats @KingJames on your 2 year $97.1 million extension and becoming the highest paid player in the history of the NBA!”

Congrats @KingJames on your 2 year 97.1M dollar extension and becoming the highest paid player in the history of the NBA! #Klutch pic.twitter.com/FAF3JaA0zs

— Klutch Sports Group (@KlutchSports) August 17, 2022

The extension will take James’s career guaranteed earnings past Brooklyn Nets forward Kevin Durant to $532 million.

James joined the Lakers from the Cleveland Cavaliers in 2018.

He secured his fourth championship with the Lakers’ NBA Finals victory over the Miami Heat in 2020.