King James Signs Contract; Officially a Laker

On July 1st, NBA Free Agent LeBron James agreed to terms with the LA Lakers on a 4-year deal worth $153.3 million. Late Monday July 9th, King James officially signed it, making him an ex-Cleveland Cavalier (for the second time of his career) and beginning his tenure as a Laker. 


As is custom in the Social-Media Era, LeBron’s Agency Klutch Sports Group posted a picture of on Twitter with James sitting at the table with the signed contract alongside his agent Rich Paul and Lakers GM Rob Pelinka. King James new contract will pay him a base salary of $35.6 million in his first year, $37.4 million in year 2, $39.2 million and year 3 and 41 million in the final year of the deal in which he will be 37 years old.


Unlike his 2010 infamous ‘The Decision’ news conference, James did a 180 degree turn and did not have a news conference nor will he host a welcome party in LA. His first public announcement is scheduled for the opening of his I Promise School in Akron on July 30.


The 3-time NBA Champion and 4-time NBA MVP had one of his better seasons in 2017-18, his final year with the Cavs as he played all 82 regular season games, averaging 27.5 points, a career-best 9.1 assists, and 8.6 rebounds on the year. He the carried the Cavs to the NBA Finals before getting swept by the Golden State Warriors. 


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