LeBron James agrees to 4-year, $154M deal with Lakers
The Decision 3.0 has been made and LeBron James is taking his talents to the Los Angeles Lakers. James reportedly agreed to a four-year, $154 million deal with the team Sunday, according to Klutch Sports and Adrian Wojnarowski of ESPN.
The 33-year-old James is coming off a season in which he averaged 27.5 points per game with the Cleveland Cavaliers. James led Cleveland to the NBA Finals, but lost to the Golden State Warriors in four games.
Why did James sign with the Lakers?
The Lakers had a large amount of cap space to work with. The team was projected to have a little under $50 million to hand out. That put them in the running to sign not just James, but potentially a few other strong players.
The team can pair James — and whoever else might be coming — with Brandon Ingram, Lonzo Ball and Kyle Kuzma.
In the end, James believed it was the right situation for him. It also helps that the Lakers are one of the game’s premier franchises.
How much money will LeBron James make with the Lakers?
James’ four-year, $154 million contract will net him over $35 million each season, according to Bobby Marks of ESPN.
James will make $25.65 million next season. That number will slowly rise over the course of the contract. In his final season with the club, James will make $41 million. He is also not eligible for a no-trade clause.
This story will be updated.