LeBron James agrees to 2-year, $97.1 million contract extension with the Lakers, reports say

LeBron James #6 of the Los Angeles Lakers shoots the ball during the game against the New Orleans Pelicans on April 1, 2022 at Crypto.Com Arena in Los Angeles, California.

The Los Angeles Lakers have agreed to a two-year contract extension with their star player, according to reports.

The NBA veteran is extending his stay in Los Angeles according to a pair of reports.

Rich Paul is the CEO of Klutch Sports. The deal makes James the highest earning player in NBA history, with $532 million in guaranteed money.

Despite James scoring 30.3 points per game in his 19th season, the Lakers failed to make the playoffs.

The upcoming season was going to be the final one in the initial contract. The contract with Anthony Davis is set to end after two years.

Los Angeles will be home to the four-time NBA champion for the next two seasons.

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