LeBron James Becomes The Highest Paid Player In NBA History

The L.A. Lakers are doing everything they can to keep LeBron happy. Recent negotiations between LeBron James and the Los Angeles Lakers resulted in a hefty two-year contract extension for $97.1 million. LeBron James has now become the highest paid player in NBA history.

LeBron James, the most valuable player in the NBA, and the Los Angeles Lakers have just agreed to a two-year contract extension worth up to $97.1 million, according to several publications. The 37-year-old will become the highest-paid player in NBA history as the new contract brings his total guaranteed earnings for his entire career to $532 million.

CNN claimed that the contract will make the diminutive forward significantly richer than his already established status as a billionaire, albeit this has not been confirmed by the player’s camp. Prior to this declaration, it had been rumored that James would become a free agent the following year. That’s all over with thanks to the alleged contract extension.

According to CNN, James is expected to pass Kareem Abdul-Jabar and become the NBA’s all-time greatest scorer when the season debuts on October 18. The most recent of James’s financial successes is this amazing payoff. He is one of the most business-savvy NBA players in the game, according to a previous Essence story.

James has outlined a course for extraordinary commercial success with endorsements from household names like Sprite, Nike, and McDonald’s, among others. But for him, that’s only the tip of the iceberg. Being a wise investor, he invested early in companies like Beats by Dre, Blaze Pizza, and Fenway Sports. James reportedly earned more than $900 million from company investments and sponsorships, according to Forbes. Stay tuned to Thirsty for latest NBA news and stories.

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