LeBron James agreed to a two-year, $85 million extension with the Los Angeles Lakers according to his agent Rich Paul.
The contract extension comes after a career year where James won his fourth NBA title and led the league in assists. The future hall of famer was named the 2020 NBA Finals MVP, becoming the first player to win the award with three different franchises.
The 35-year-old is set to make $39 million in 2020-21, $41 million in 2021-22, and $44 million 2022-23. The new contract will take LeBron through the 2022-23 season, giving him 20 seasons in the league and the opportunity to possibly play with his oldest son, Bronny, if he decides to skip college.