LeBron James has agreed to a two-year, $104 million maximum contract to return to the Los Angeles Lakers, sources told KeynoteUSA’s Adrian Wojnarowski on Wednesday.
The deal includes a player option for the 2025-26 season and a no-trade clause, sources said.
James’ return to Los Angeles will give him the chance to play with his son Bronny, whom the Lakers selected in the second round of the Draft last week. It would be the first time a father-son duo has played in the NBA at the same time in league history.
Last week, James opted out of the final year of his contract with the Lakers, worth $51.4 million, for the 2024-25 season. His agent, Rich Paul of Klutch Sports, had said that James was “prioritizing an upgrade to the roster” as they looked to reach a new deal.
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Paul had said James would be willing to work with the Lakers to sign a contract below the three-year, $162 million maximum he was eligible for. A source told Wojnarowski that there is still a conversation between Paul and the Lakers about James agreeing to about $1 million below the max to keep the team below the second line and allow for more flexibility in roster construction.
James, who turns 40 on Dec. 30, is universally regarded as one of the greatest players to ever grace a basketball court. He is the only player to surpass 40,000 points in NBA history, and is eighth in assists, fourth in steals, sixth in three-pointers made and third in free throws made.
Last season, James became the first player to make 20 All-Star teams, surpassing Kareem Abdul-Jabbar (whom he had already surpassed in the race for the all-time scoring record) as the leading scorer in NBA history. James’ 20 All-NBA selections and 13 All-NBA First Team selections are also the most in the history of the sport.
He is also the NBA’s all-time leader in postseason points scored and is in the top 10 in rebounds (fourth), assists (second), steals (first), blocks (10th), 3-pointers made (third) and free throws made (first).
The four-time champion, who led the Lakers to their 17th title in 2020 in the NBA bubble, averaged 25.7 points, 8.3 assists and 7.3 rebounds per game last season at age 39. James, Nikola Jokic and Luka Doncic were the only three players to average at least 25, 8 and 7 in the NBA last season.
However, the Lakers failed to advance past the first round for the fourth time in his six seasons in Los Angeles. Before joining the Lakers, James reached the NBA Finals eight straight years with the Miami Heat and Cleveland Cavaliers and won at least one playoff series in 13 consecutive seasons.
James will play his 22nd season in 2024-25 and will tie Vince Carter for the most NBA seasons played of all time.
KeynoteUSA’s Dave McMenamin and Tim Bontemps contributed to this report.
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