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Los Angeles Lakers player LeBron J has signed a two-year extension to his contract worth $97.1 million, Klutch Sports CEO Rich Paul said Wednesday to ESPN. 

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The contract includes a player option for 2024-25, Rich Paul stated to ESPN.

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James is now the highest-earning NBA player with $532 million in guaranteed career money. This surpasses Brooklyn Nets Star, Kevin Durant.

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James is not eligible for a no-trade clause as he signed an extension and not a new contract.

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 The new contract's starting pay of $46.7million, the 15% trade kicker, and James' status as one of the greatest players in history make James a Laker for as many years as he wants

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James was entering the last season of his $44.5 million contract.

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 He now joins All-Star Anthony Davis, with the possibility to sign new contracts with the Lakers and become a free agent within two seasons.

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The deal eliminates any concern that the four-time NBA champion, MVP, and 18-time All-Star could be eligible for free agency next year.

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James, who is now 38 years old and still an All-NBA player, remains the core of the Lakers' contention hopes.

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James cannot be traded in the 2022-23 season, as his second-year extension is more than a 5% raise.

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In the 2023 offseason, the Lakers could have upwards of $20 million in salary cap space and the option to sign a third max contract athlete in the 2024 offseason.

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If players choose to decline them, the player options increase their salary-cap space. However, they can still sign new contracts.

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James turns 38 on December 30th. He can only sign a 2-year extension as he will be 38 years old when his current contract expires. This is a league rule.

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Bronny, James' oldest son, is about to enter his senior year in high school. He will be eligible for the NBA draft in 2024.

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James repeatedly expressed his desire to join his son on the NBA roster before he retires.

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In 2022, the Lakers were eliminated from the playoffs despite James scoring 30.3 points per game, 8.2 rebounds, and 6.2 assists. James was limited to 56 games because of injuries.