LeBron James has taken a 92 per cent pay cut to join the Philadelphia 76ers, signing a two-year deal worth $8 million (£6 million) after earning $52.6 million (£39.3 million) last season with the Los Angeles Lakers.
The move, confirmed on 24 July 2026, marks the largest single-season salary reduction in NBA history as the 41-year-old pursues a fifth championship in his record 24th season.