The Los Angeles Lakers officially signed LeBron James to a two-year contract extension that will keep him with the team through the 2022-23 NBA season. The team did not release terms of the agreement, though it is said to be worth $85 million.
James had two more seasons remaining on his original four-year contract with the Lakers, but could have exercised a player option after the 2020-21 campaign to become a free agent. James opted against this, further putting his trust in the Lakers organization.
Following the team’s first championship in 10 years, both James and Anthony Davis doubled down on their faith in vice president of basketball operations Rob Pelinka and front office as a whole.