LeBron James has come to terms with the Los Angeles Lakers on a mammoth contract extension which will make him the highest-earning player in NBA history.
The 37-year-old’s management agency, Klutch Sports Group, said the two-year extension was worth 97.1million dollars (£80.6million).
In a post on Twitter, Klutch’s official account said: “Congrats @KingJames on your 2 year 97.1M dollar extension and becoming the highest paid player in the history of the NBA!”
— Klutch Sports Group (@KlutchSports) August 17, 2022
The extension will take James’s career guaranteed earnings past Brooklyn Nets forward Kevin Durant to 532million dollars (£441.6million).
James joined the Lakers from the Cleveland Cavaliers in 2018.
He secured his fourth championship with the Lakers’ NBA Finals victory over the Miami Heat in 2020.