BREAKING: Los Angeles Lakers star LeBron James has agreed on a two-year, $97.1 million contract extension – including a player option for the 2024-2025 season, @KlutchSports CEO Rich Paul tells ESPN. James had been entering final year of deal worth $44.5M. The two-year, $97.1M extension, which includes a 15 percent trade kicker, makes LeBron James the highest earning player in NBA history with $532M in guaranteed money. He surpasses Brooklyn’s Kevin Durant. The deal can increase to $111 million if the salary cap in 2023-2024 rises to a substantially higher number.