Los Angeles Lakers and LeBron Jam hold productive contract extension talks

Los Angeles Lakers and LeBron Jam hold productive contract extension talks

LOS ANGELES – LeBron James And the Lakers Rich Paul, CEO, Klutch Sports Group, stated that they had a productive discussion about their future on Thursday.

Sources said that no new deal has been reached yet.

James and Paul met Rob Pelinka (Lakers vice president of basketball operations) and Darvin Ham (new Lakers coach) in the Lakers war room in El Segundo. James signed a $97.1 million, two-year contract extension with L.A. on Thursday.

ESPN reported that Paul said he expected both sides to continue their dialogue going forward.

James will enter the last year of his $44.5 million contract and will be 38 years old when it expires. According to the NBA's collective bargaining agreements, the maximum length of a contract that a player can sign is two years.

James will have to sign the extension by June 30, before becoming an unrestricted, free agent.

James could be eligible to receive a one-year extension for $47 million, which would cover the 2023-24 seasons. An additional year would allow for a player option in 2024-25.

This optionality could be deliberate. Bronny, James' eldest son is in his senior year at high school and will be NBA eligible in 2024. James has stated repeatedly that he would like to play with Bronny on the NBA roster, before he retires.

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