LeBron James stole many of his fans hearts when reports surfaced about his willingness to take a significant pay cut to help accommodate veteran players on the Los Angeles Lakers roster. Initial skepticism arose when it appeared James might not follow through on his intentions. However, clarity emerged when he officially re-signed with the Lakers on Saturday.
According to Shams Charania of The Athletic, LeBron James agreed to a two-year, $101.35 million contract with the Lakers. Despite being eligible for a maximum contract of $104 million, the 39-year-old opted to take a nearly $3 million pay cut to keep the Lakers below the NBA’s second apron.
“LeBron James’ final two-year deal total, per sources: $101.355 million—almost $3 million less than his $104 million max, placing the Lakers below the second apron,” Charania reported.
Following a disappointing season for the Lakers, the four-time championship winner took it upon himself to spearhead efforts in restructuring the team’s roster. He reportedly pursued Klay Thompson to join the Lakers before Thompson ultimately signed with the Dallas Mavericks.
Later, the Lakers turned their attention to acquiring DeMar DeRozan, initiating third-party trade discussions involving D’Angelo Russell. Despite their efforts, DeRozan opted to join the Sacramento Kings over the Lakers.
Rob Pelinka Praises LeBron James in the Re-Signing Announcement
Rob Pelinka, the Los Angeles Lakers‘ vice president of basketball operations and general manager, announced LeBron James’ re-signing in a statement released by the team. Pelinka lauded James for his exceptional athleticism and dominance on the court.
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“LeBron is one of the most dynamic and competitive players to ever take the NBA court, and we’re grateful to have his leadership as he returns for a seventh season with the Lakers. Alongside fellow team captain Anthony Davis, LeBron James and new Lakers head coach JJ Redick will together lead a championship-caliber team that will play with great pride every time they take the floor. Entering his 22nd season of NBA basketball, LeBron continues to remind us that no obstacle is too big and no goal is out of reach. We’re so thankful that the history-making story of LeBron James will continue to be written in front,” the statement read.
If LeBron James completes his current contract with the Lakers, he will set a record by playing 23 seasons in the NBA.
