BREAKING: Lakers Sign LeBron James To A Monster 2-Year Contract Extension

LeBron James just got richer.

On Wednesday, it was reported that the Lakers would be signing the 35-year-old to a 2-year, $85 million contract extension.

Los Angeles Lakers star LeBron James has agreed to a two-year, $85 million maximum contract extension with the franchise, CEO of Klutch Sports, Rich Paul, told @TheAthleticNBA @Stadium.

— Shams Charania (@ShamsCharania) December 2, 2020

LeBron James‘ two-year, $85M max extension with the Los Angeles Lakers runs through 2022-23 season, Klutch Sports CEO Rich Paul tells @TheAthleticNBA @Stadium. James‘ 36th birthday is on Dec. 30. https://t.co/MAF7WjxSWs

— Shams Charania (@ShamsCharania) December 2, 2020

LeBron put together another masterful season with the Lakers last year. He averaged 25.3 points per game to go along with 10.2 assists and 7.8 rebounds. In addition to those averages, James shot 49.3 percent from the floor and 34.8 percent from the three-point line.