No new deal has been agreed upon but, nonetheless, sources mentioned.
James and Paul met with Lakers vice chairman of basketball operations and normal supervisor Rob Pelinka in addition to new Lakers coach Darvin Ham within the struggle room on the Lakers’ observe facility in El Segundo, California, on Thursday. It was the primary day James was eligible to signal a two-year, $97.1 million contract extension with the Lakers.
Paul informed ESPN he expects either side to proceed a dialogue transferring ahead.
James is coming into his contract’s last yr, value $44.5 million, and shall be 38 years previous when his present deal is up. The utmost size of a contract a participant aged 38 or older can signal is 2 years, in accordance with the NBA’s collective bargaining settlement.
James has till June 30 to signal the extension earlier than turning into an unrestricted free agent.
It’s doable James may search a one-year extension, value $47 million for the 2023-24 season, with an extra yr with a participant choice for 2024-25.
The optionality could possibly be intentional. His eldest son, Bronny, is coming into his senior yr of highschool, making him NBA eligible in 2024. James has repeatedly acknowledged his want to group up along with his son on an NBA roster earlier than he retires.