LeBron officially re-signs with Lakers for less than max contract

LeBron James officially re-signed with the Lakers on Saturday on a two-year, $101.35 million contract – around a $2.6 million discount that’ll keep the franchise below the second-apron threshold entering the 2024-25 season.

The deal, which was first reported by The Athletic, will include a player option for the 2025-26 season and a no-trade clause.

The deal pays James a $48.73 million salary in 2024-25, which is $1.26 million less than the $49.99 million max salary James could’ve been paid this upcoming season.