LeBron James signs two-year, $85M contract extension with the Lakers

The reigning Finals MVP signed a maximum contract extension that will run through 2023 — the year his son, Bronny, graduates high school and could potentially enter the NBA Draft, The Athletic’s Shams Charania reports.

Two year extension for LeBron James:

2021/22 $41,180,544 (replaces $41,002,274)

2022/23 $44,474,988

James can receive a 105% increase off his 2020/21 salary ($39.2M) and is not restricted by the 35% max rule ($39.3M) for the 2021/22 salary cap.

— Bobby Marks (@BobbyMarks42) December 2, 2020

James may well play beyond this contract extension and into his 40s, but this is him positioning himself to end his career with the Lakers.

After the 2022-23 season, LeBron James will have made $428 million in salary alone in his NBA career.

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