LeBron James has agreed to a two-year NBA contract extension with the Los Angeles Lakers worth $97.1 million (A140m), according to multiple reports on Wednesday.
According to ESPN and The Athletic, James will include a player option for the 2024-25 season, which could see his 17-year-old son Brony become an NBA starter.
If the NBA’s salary cap hits for the 2023-24 campaign, the contract could be worth $111 million for the superstar.
The deal gives James a career guaranteed total of $532 million, surpassing four-time NBA champion and four-time NBA Most Valuable Player Kevin Durant for total career earnings.
James, 37, said he wants to play through the 2024-25 season to get a chance to play with his oldest son, who is a high school prospect in Los Angeles.
James, who will enter the final season of his Lakers contract in October, can now negotiate a new deal or become a free agent in two seasons, the same options available to fellow star Anthony Davis.
The Lakers won their last NBA title in 2020 but missed the playoffs last season after going 33-49, and James averaged 30.3 points, 8.2 rebounds and 6.2 assists per game but was limited to 56 games by injury.