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Free Agency Catch-Up: LeBron Takes Pay Cut, Kings Land DeRozan

Some of the last remaining big names in NBA Free Agency agreed to deals Saturday night, including the biggest of big names: LeBron James.

The Athletic’s Shams Charania reported James would be re-signing with the Los Angeles Lakers on a two-year deal worth $101.355 million that includes a player option for the second year. This news came three days after reports initially said James would be re-signing on a two-year maximum $104 million deal. The slightly lesser deal is important because it places the Lakers below the punitive salary second apron, giving the franchise more flexibility to orchestrate other deals this offseason.