LeBron James will don the famous purple and gold of the LA Lakers for at least two more years after signing a lucrative contract extension.
His representative Rich Paul, Klutch Sports CEO, told ESPN the new deal, which includes a 15% trade kicker, is worth an astronomical $97.1 million (£80.5 million) which also includes a player option for the 2024-2025 season.
The American had been entering the final year of a deal worth $44.5m (£36.9 million) but has now secured his future for at least another couple of years. The new contract has made James the highest earning player in NBA history with $532m (£441.2 million) in guaranteed earnings over the course of his career, surpassing Brooklyn Nets star Kevin Durant.