Present position:LeBron James opts out of final year of Lakers contract, but expected to stay on new deal >>Text
LeBron James opts out of final year of Lakers contract, but expected to stay on new deal
Credit Card Protection Policies6329Have read
About LeBron James opts out of final year of Lakers contract, but expected to stay on new deal Jame...
LeBron James opts out of final year of Lakers contract, but expected to stay on new deal
James has not moved in free agency since 2018
By Sam Quinn • 3 min readLeBron James has opted out of the final year of his contract with the Los Angeles Lakers, but the expectation is that he will sign a new deal with the team. So far this offseason, the Lakers have selected his son, Bronny James, with the No. 55 overall pick in the NBA Draft, and they have also hired his Mind the Game podcast co-host, JJ Redick, as their head coach.
James is eligible for a three-year deal worth a projected $162 million to return to Los Angeles as a free agent. Because he has at least eight total years of NBA experience and has spent at least four years with the Lakers, he is also eligible for a no-trade clause in this deal.
James could have potentially signed an extension with the Lakers for a slightly higher price. The total amount on such an extension would have been roughly $164.3 million over three years. The reason such an extension would have paid James more is that his player option amount, which was based on an 8% raise built into his last contract, was higher than his max on the open market, which would have been a 5% raise on his previous salary. However, had James extended, he would not have been eligible for a no-trade clause, as those can only be added to new deals rather than existing ones.
While James has not taken less than the max since returning to the Cleveland Cavaliers for the 2014-15 season, Bleacher Report's Chris Haynes is reporting that he is considering paths for the Lakers to open the full mid-level exception to spend in free agency. The advantage of James opting out is that it allows him to tailor his salary to whatever other moves the Lakers make. He can see how much money the Lakers need to add talent elsewhere and then take however much is left if he approves of the moves.
Rich Paul, James' agent, confirmed to ESPN's Dave McMenamin that James has opted out and will work with the front office on his new deal if it means adding an impact player to the roster.
Tags:
Reprinted :Welcome friends to share to the network, but please explain the source of the article“Credit Card Protection Policies”。http://aqntz.feilaokan.com/31gqa4.html
Related articles
Raiders' Davante Adams rips Bills and Commanders as having two of the worst fan bases in the NFL
LeBron James opts out of final year of Lakers contract, but expected to stay on new dealRaiders' Davante Adams rips Bills and Commanders as having two of the worst fan bases in the NFL...
Read more
The $2 million deal that rocked basketball: NBA Draft Combine abuzz over Great Osobor's NIL payday
LeBron James opts out of final year of Lakers contract, but expected to stay on new dealThe $2 million deal that rocked basketball: NBA Draft Combine abuzz over Great Osobor's NIL payday...
Read more
Maite Oroz: Tottenham Women sign Real Madrid and Spain midfielder
LeBron James opts out of final year of Lakers contract, but expected to stay on new dealTottenham sign Spain midfielder Oroz from Real MadridImage source, Getty ImagesImage caption, Maite...
Read more
Top Article
- Alabama freshman Jarin Stevenson just latest hero for Final Four
- FPL tips and team of the week: Eze, Fernandes and Mateta should shine this week
- Davis Cup 2024: Jack Draper and Dan Evans beaten as Great Britain lose 2
- Anthony Edwards' playoff surge elevates his rank among No. 1 recruits in modern era
- Chicago Sky to hire WNBA legend Teresa Weatherspoon as new head coach, per report
- College basketball rankings: UCLA's rebuilt roster has the Bruins moving up in the way
Latest News
Chicago Sky to hire WNBA legend Teresa Weatherspoon as new head coach, per report
North Carolina's RJ Davis, a First Team All
Caitlin Clark speaks out against those who direct racist, misogynistic comments toward WNBA players
Teresa Weatherspoon guides Chicago Sky to victory over Liberty in emotional New York homecoming
2023 WNBA Finals: How Jonquel Jones used her heartache to lift Liberty to Game 3 win over Aces
2024 NCAA basketball championship game: UConn vs. Purdue matchup set as March Madness concludes