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 Policies3247Have 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/85h744.html
Related articles
Aces vs. Liberty: 'Playoff' Chelsea Gray returns, records triple
LeBron James opts out of final year of Lakers contract, but expected to stay on new dealAces vs. Liberty: 'Playoff' Chelsea Gray returns, records triple-double to help Las Vegas bounce bac...
Read more
Titans' Brian Callahan loses it on Will Levis after another bonehead decision
LeBron James opts out of final year of Lakers contract, but expected to stay on new dealTitans' Brian Callahan loses it on Will Levis after another bonehead decisionMike Moraitis...
Read more
USMNT's Christian Pulisic on potential Mauricio Pochettino coaching hire: 'It's time for a change'
LeBron James opts out of final year of Lakers contract, but expected to stay on new dealUSMNT's Christian Pulisic on potential Mauricio Pochettino coaching hire: 'It's time for a change'...
Read more
Top Article
- Former Islanders first
- 2024 NBA Draft picks: Recruiting star ratings for every first
- 2023 WNBA Finals: Three key areas the Liberty can improve in Game 2 against the Aces
- Oilers top Kings in first round for third straight season, Connor McDavid totals 11 assists
- Capitals' Tom Wilson suspended: Washington forward banned six games for high
- Cavaliers re
Latest News
NHL Power Rankings: Auston Matthews lifts Maple Leafs into top 10 with scoring barrage
Lauri Markkanen trade rumors: Why Aug. 6 is a key date for the Jazz star's future
Cowboys score: How Saints blew out Dallas in second
LOOK: LA Kings reveal new logo, calling back to Wayne Gretzky era
Mock Champions League draw results: Arsenal get Real Madrid, Bayern land Liverpool and Man City
2023 WNBA Finals: How Jonquel Jones used her heartache to lift Liberty to Game 3 win over Aces