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According to Rich Paul, CEO of Klutch Sports Group....

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LeBron James and the Lakers have reached an agreement on a two-year...

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a contract worth $97.1 million, Adrian Wojnarowski of ESPN said....

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If the wage cap for the 2023–24 season rises significantly, the agreement will rise to $111 million......

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For the 2024–25 season, James will have a player option.....

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He may now negotiate new contracts in two years alongside his talented teammate Anthony Davis....

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James, a four-time MVP, NBA champion, and Finals MVP, could have signed....

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a free agent contract next summer if he hadn't agreed to an extension this offseason.