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 Policies4253Have 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/kt0vj4.html
Related articles
WNBA may increase schedule to 44 games in 2025, league commissioner Cathy Engelbert says
LeBron James opts out of final year of Lakers contract, but expected to stay on new dealWNBA may increase schedule to 44 games in 2025, league commissioner Cathy Engelbert says A 44...
Read more
Huge boost for Arsenal — Star player set for Manchester City clash after injury scare
LeBron James opts out of final year of Lakers contract, but expected to stay on new dealHuge boost for Arsenal — Star player set for Manchester City clash after injury scareVishal Bhawani...
Read more
Kyle Pitts injury: Status of Falcons TE uncertain for Week 1 showdown against Steelers
LeBron James opts out of final year of Lakers contract, but expected to stay on new dealKyle Pitts injury: Status of Falcons TE uncertain for Week 1 showdown against Steelers Pitts...
Read more
Top Article
- Minecraft Dropping PlayStation VR Support Next Year
- Who wears a guardian cap in NFL? 6 players who have worn new, protective helmet in 2024
- Alabama OL Tyler Booker takes lighthearted jab at Nick Saban for Georgia
- WATCH: UNLV coach Barry Odom rides live bull to raise funds for football program
- 2023 WNBA Finals: Three key areas the Liberty can improve in Game 2 against the Aces
- DJ Lagway high school stats: Inside the Texas HS football record, highlights before Florida
Latest News
2024 NHL All
NCAA president: 'A lot of work to be done' on potential settlement of multibillion
Inside the college football NIL market: How much players at each position are actually getting paid
Oregon vs. Oregon State channel, time, schedule, live stream to watch Week 3 college football game
Historic House case settlement has college basketball
Huge boost for Arsenal — Star player set for Manchester City clash after injury scare