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 Policies538Have 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/cxsn94.html
Related articles
March Madness 2024: Ranking every starter for the Final Four teams from No. 1
LeBron James opts out of final year of Lakers contract, but expected to stay on new dealMarch Madness 2024: Ranking every starter for the Final Four teams from No. 1-20 From Purdue'...
Read more
Champions League quiz: 36 questions to test you on the teams in the 2024
LeBron James opts out of final year of Lakers contract, but expected to stay on new deal36 teams, 36 questions - take our Champions League quizImage source, EPAImage caption, The 2025 Cham...
Read more
TCU adds Dana Holgorsen, Todd Graham to staff as Horned Frogs recruit two more ex
LeBron James opts out of final year of Lakers contract, but expected to stay on new dealTCU adds Dana Holgorsen, Todd Graham to staff as Horned Frogs recruit two more ex-coaches for reboun...
Read more
Top Article
- PS5 Patch 24.06
- ESPN staff writer projects Indiana in college football playoff field after Week 3
- College football coaches entering Year 2 who are facing defining campaigns in 2024 season
- NHL free agency tracker: Predators sign Steven Stamkos, Islanders land Anthony Duclair
- Sweet 16, Opening Day give Thursday a stacked schedule; major update on Joel Embiid's return
- Pros and cons for Reed Sheppard returning to Kentucky: Father Jeff addresses Mark Pope hiring
Latest News
John Calipari closing in on deal with Arkansas: Ex
2024 NBA Draft: USC PG Isaiah Collier plans to turn pro after freshman year with the Trojans
Former top
Broncos need to turn to pair of unknowns in wake of Mike McGlinchey news
NHL Power Rankings: Examining each team's playoff chances at the season's halfway point
Anson Carter leading group to bring NHL expansion team to the Atlanta area