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NBA Extensions: LeBron James will be Eligible to Sign a Hefty Contract Extension on August 4th

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Even though the great LeBron James is heading towards the end of his glorious career, he is still one of the best superstars in the world today. Despite the overall struggles of the Lakers, he is frequently ranked among the top five players in the league and had an outstanding season.

LeBron James’ contract with the Lakers is about to expire, but he will get a chance to sign an extension on August 4th. His contract is expected to be increased by $97 million over two years. The news was reported by Jordan Greer of The Sporting News.

Jordan Greer said that “James is eligible to sign a contract extension with the Lakers on Thursday, Aug. 4. It could be a one-year extension worth $47 million or a two-year extension worth $97 million. (There isn’t a hard deadline on that deal. It could stay on the table until the start of next year’s free agency period.)”

“The 37-year-old is currently only under contract through the 2022-23 season. He originally signed a four-year, $153.5 million with the Lakers in 2018, then agreed to a two-year, $85.6 million extension in 2020 after Los Angeles won the NBA championship.”

Meanwhile, LeBron James’ decision to sign a contract extension with the Los Angeles Lakers is still in the air. A recent report claimed that LeBron James may decide to sign the extension; after all, he is happy to play for the Lakers.

“Sources briefed on the matter stress that James is extremely happy in Los Angeles despite the Lakers’ back-to-back rocky seasons,” Stein wrote. “He and his family, by all accounts, have grown increasingly entrenched in Southern California since James signed with the Lakers in the summer of 2018.”

The LeBron James and Anthony Davis duo could make the Los Angeles Lakers a playoff team again in the upcoming season. Their roster adjustments to accommodate their superstars should be sufficient to make the team competitive. Although LeBron James may not be at the top of his game anymore, he can still guide a team to a championship. If the Lakers continue to make moves to support him, he might be able to do so next season.

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