The new date is August 17, 2022.
According to multiple reports, King James has agreed to a two-year extension with the Los Angeles Lakers, ending speculation that he would leave for another team after the 2022-23 season.
On September 8, 2020, there will be an event at the Wide World of Sports Complex. The photo was taken by Mike Ehrmann.
If the NBA raises its salary cap, the two-year deal could increase to $111 million.
The final year of James' old contract will pay him $44.5 million before his new contract kicks in.
James has the option to leave the deal.
If the Lakers decide to trade James, he will get a bonus of 15% of the remaining value of the deal.
The guaranteed deal will make James the most lucrative player in NBA history.
The Lakers have had inconsistent performances from James in his four years there. The Lakers won the NBA championship in 2020 during a season that ended with players, staff and media in isolation, marking the fourth title of James' career. The Lakers did not make the playoffs last season. The Lakers' failure to make the playoffs despite assembling a star- studded lineup made them the most disappointing NBA team of all time.
James is estimated to be worth a billion dollars. He is the first active NBA player to make a lot of money.
The man is a billionaire, according toForbes.
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