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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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EU Top Court: Some FIFA Rules on Int’l Transfers Are Contrary to Bloc's Law

FILE - In this file photo dated Friday, Sept. 14, 2018, Paris-Saint-Germain player Lassana Diarra during a French League One soccer match against Saint-Etienne at the Parc des Princes stadium in Paris. (AP Photo/Michel Euler, File)
FILE - In this file photo dated Friday, Sept. 14, 2018, Paris-Saint-Germain player Lassana Diarra during a French League One soccer match against Saint-Etienne at the Parc des Princes stadium in Paris. (AP Photo/Michel Euler, File)
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EU Top Court: Some FIFA Rules on Int’l Transfers Are Contrary to Bloc's Law

FILE - In this file photo dated Friday, Sept. 14, 2018, Paris-Saint-Germain player Lassana Diarra during a French League One soccer match against Saint-Etienne at the Parc des Princes stadium in Paris. (AP Photo/Michel Euler, File)
FILE - In this file photo dated Friday, Sept. 14, 2018, Paris-Saint-Germain player Lassana Diarra during a French League One soccer match against Saint-Etienne at the Parc des Princes stadium in Paris. (AP Photo/Michel Euler, File)

The European Union's top court said Friday that some FIFA rules on player transfers can conflict with European Union legislation relating to competition and freedom of movement.
The court's ruling came after former France international Lassana Diarra legally challenged FIFA rules following a dispute with a club dating back to a decade ago, The Associated Press reported.
Diarra had signed a four-year contract with Lokomotiv Moscow in 2013. The deal was terminated a year later after Diarra was unhappy with alleged pay cuts.
Lokomotiv Moscow applied to the FIFA dispute resolution chamber for compensation and the player submitted a counterclaim seeking compensation for unpaid wages. The Court of Arbitration for Sport found the Russian club terminated the contract with Diarra “with just cause” and the player was ordered to pay 10.5 million euros ($11.2 million).
Diarra claimed his search for a new club was hampered by FIFA rules stipulating that any new side would be jointly responsible with him for paying compensation to Lokomotiv.
“The rules in question are such as to impede the free movement of professional footballers wishing to develop their activity by going to work for a new club,” the court said in a statement.
The former Real Madrid player also argued that a potential deal with Belgian club Charleroi fell through because of the FIFA rules, and sued FIFA and the Belgian federation at a Belgian court for damages and loss of earnings of six million euros ($7 million). With the lawsuit still going through Belgian courts, the case was referred to the European Court of Justice for a ruling.
The Diarra case, which is supported by the global players’ union FIFPro, went through FIFA judicial bodies before the 2016 election of FIFA president Gianni Infantino, who has made it a priority to modernize transfer market rules.