- James, 37, signs two-year extension with Lakers worth $97.1m
- Contract includes third-year player option for 2024-25 season
- Four-time MVP becomes highest earning player in NBA history
LeBron James has agreed to a two-year, $97.1m contract extension with a third-year player option that will likely keep the Lakers star in Los Angeles as long as he chooses.
ESPN was first to report the deal, citing Klutch Sports CEO Rich Paul, which represents James.