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The Los Angeles Lakers and LeBron James have agreed to a two-year, $97.1 million extension which includes a third-year player option for the 2024-25 season.
James became extension-eligible at the beginning of the month and officially agreed to the deal on Wednesday.
James is now no longer eligible for a no-trade clause since he signed an extension as opposed to a brand new deal. The extension will take James to his age-40 season if he were to take his third-year player option. He can not be traded during the 2022-23 season as he will make more money in the second year of the deal, according to ESPN’s Adrian Wojnarowski.
The team core of James and star forward Anthony Davis are now both under contract for at least the next two seasons.
In four seasons with the Lakers, James has averaged 27 points, 8.2 assists and 8 rebounds in 223 total games. James led the Lakers to its first NBA Championship in 10 years by defeating the Miami Heat in six games in the 2022 NBA Finals in “The Bubble” at ESPN Wide World of Sports Complex at Walt Disney World.
Last season, James averaged 30.3 points per game and 37.2 minutes per game, both the most by him during his time in Los Angeles.
The Lakers missed the playoffs last season, finishing 11th in the Western Conference with a 33-49 record.