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LeBron James Agrees to a 2-year Extension with the Los Angeles Lakers

James has agreed to a two-year contract to remain with the Lakers - The AP
James has agreed to a two-year contract to remain with the Lakers - The AP
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LeBron James Agrees to a 2-year Extension with the Los Angeles Lakers

James has agreed to a two-year contract to remain with the Lakers - The AP
James has agreed to a two-year contract to remain with the Lakers - The AP

LeBron James is making it official: He's coming back for a record-tying 22nd season in the NBA, one where the league's all-time scoring leader could share the floor with his son Bronny as teammates with the Los Angeles Lakers.

James has agreed to a two-year contract to remain with the Lakers, a person with knowledge of the negotiations said Wednesday. The second year of the deal is at James' option and means he could become a free agent again next summer, said the person, who spoke to The Associated Press on condition of anonymity because the agreement had not been announced publicly.

ESPN reported that the Lakers and James’ agent, Klutch Sports CEO Rich Paul, may agree on a salary slightly less than the max that James could have gotten — a move that could keep the team from reaching the second apron and preserve some roster flexibility going forward.

Either way, the expectation is that James will make around $50 million — give or take a little bit — this coming season, pushing his career on-court earnings to around $530 million and making him the first player in NBA history to eclipse the $500 million mark.

It will be James' 22nd season in the NBA, tying Vince Carter for the league record. The Lakers selected Bronny James last week in the second round of the draft, putting them in position to have the first on-court father-son duo in NBA history.

Getting the deal done clears one logistical hurdle: LeBron James needed a new deal in place before he could take the floor with USA Basketball for the start of its training camp in Las Vegas this weekend, one where the squad will start preparations for the Paris Olympics. James will play in the Olympics for the fourth time, his first since helping the US win gold at the 2012 London Games.

He’ll turn 40 in December and averaged 25.7 points, 7.3 rebounds and 8.3 assists last season — as the oldest active player in the league.

Not only is James the all-time leader in points (40,474), but he’s fourth in assists (11,009), sixth in games played (1,492), and eighth in both 3-pointers made (2,410) and steals (2,275).

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Britain is Back in America’s Cup Final for the First Time in 60 years

INEOS Britannia, left, and Luna Rosa Prada Pirelli sailing teams compete during the Louis Vuitton Cup Final Day 7 at the Barcelona's coast, Spain, Friday, Oct. 4, 2024. (AP Photo/Joan Monfort)
INEOS Britannia, left, and Luna Rosa Prada Pirelli sailing teams compete during the Louis Vuitton Cup Final Day 7 at the Barcelona's coast, Spain, Friday, Oct. 4, 2024. (AP Photo/Joan Monfort)
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Britain is Back in America’s Cup Final for the First Time in 60 years

INEOS Britannia, left, and Luna Rosa Prada Pirelli sailing teams compete during the Louis Vuitton Cup Final Day 7 at the Barcelona's coast, Spain, Friday, Oct. 4, 2024. (AP Photo/Joan Monfort)
INEOS Britannia, left, and Luna Rosa Prada Pirelli sailing teams compete during the Louis Vuitton Cup Final Day 7 at the Barcelona's coast, Spain, Friday, Oct. 4, 2024. (AP Photo/Joan Monfort)

A British yacht is back in the America’s Cup finals for the first time since 1964 after INEOS Britannia finished off Italy’s Luna Rossa Prada Pirelli on Friday.

Britannia scored the winning point for a 7-4 series victory after a fast and flawless race that it finished 17 seconds ahead of Luna Rossa. Britannia claimed the Louis Vuitton Cup for being the best of five challengers.

The boat skippered by Olympic great Ben Ainslie will next face defender Team Emirates New Zealand in a first-to-seven wins series for the America’s Cup starting on Oct. 12.

Despite holding the most Olympic medals in sailing and having a rich maritime tradition, Britain has never won the biggest prize in the sport — a wait that runs back 173 years, according to The AP.

“One more to go boys!” Ainslie told his sailors, who shouted with joy as they crossed the finish line.

Britain has been chasing the America’s Cup ever since the schooner America won the race’s very first edition back in 1851 when it bested Royal Yacht Squadron in a loop around the Isle of Wight, with Queen Victoria herself in attendance. This is the 23rd time it has challenged for the Auld Mug, more than any other nation.

Now, it is the closest it has come to finally winning the cup in sixty years.

It will face a New Zealand team that has won the past two editions in 2017 and 2021. As defending champion in this truly winner-takes-all competition, the Kiwis got to choose the rules and the location of the regattas, so in theory they should have an edge that the Brits must overcome.

The British will have on their side the real racing experience over recent weeks. They have gone from outside threat to the fastest ship of the challenger’s fleet. Before racing started, New Zealand leader Grant Dalton said that he put both Luna Rossa and American Magic a notch above Britannia, but warned that the Brits could pull off a surprise.

That they did, delivering a nearly flawless Louis Vuitton finals series, while Luna Rossa’s chances were hurt by structural problems to their silver-hulled yacht.

The Britannia team has the financial backing of billionaire Jim Ratcliffe, who also bought into storied soccer club Manchester United this year. It has also benefitted from a partnership with the Mercedes Formula One team.

The British win over the Italians avenged a 7-1 loss to Luna Rossa in the same stage of the 2021 event in Auckland.

Only four nations have ever won the cup. After the 30 titles by American boats, New Zealand has won it three times, Switzerland twice and Australia once.