LeBron James Makes History As The Highest Earning NBA Player With $532M In Career Guaranteed Money
Photo Credit: Randy Holmes

LeBron James Makes History As The Highest Earning NBA Player With $532M In Career Guaranteed Money

When people say Black History Month is not confined to February, it’s more than a colorful statement. First, Black History is World History, so it should be celebrated daily. Also, people like LeBron James consistently raise the bar and set records that elevate the Black community.

In a recent contract negotiation, LeBron James has become the highest earning NBA player with $532 million in career-guaranteed money.

A Historic Deal

According to ESPN, the Akron, OH, native agreed to a two-year, $97.1 million contract extension. This deal includes a player option for the 2024-2025 season and a 15 percent trade kicker. Now that James’ new agreement is in place, he has surpassed Brooklyn Nets forward Kevin Durant in career-guaranteed money.

Additional details of the contract extension include his ineligibility for a no-trade clause. However, he now has the choice to negotiate new deals with the Los Angeles Lakers or take on the player option to be a free agent in two seasons.

A Possible James Double Feature

The extension announcement likely proved positive for the west coast basketball team as the 37-year-old was entering the final season of his contract, which was worth $44.5 million. As the core member of the Laker’s starting line-up, the new deal alleviates the chances for James to explore other team options next summer.

LeBron’s decision to stay put could have something to do with his very public desire to play on the same team as his son, Bronny. James’ oldest son is entering his senior year of high school at Sierra Canyon School in Los Angeles. Upon graduation, he will be eligible to enter the 2024 draft and be a possible asset and teammate to his father.

In the past season, LeBron James and the Lakers missed the NBA playoffs, although he averaged 30.3 points, 8.2 rebounds, and 6.2 assists per game in 56 appearances.