With this massive two-year, $97.1 million agreement, LeBron James becomes the most paid player in NBA history with $532 million. He can become a free agency in 2025, the year his son Bronny is selected in the NBA Draft.

LeBron James has inked a groundbreaking contract extension with the Los Angeles Lakers worth an eye-popping $97.1 million over two years, setting a new benchmark as the NBA’s highest-paid player with a guaranteed total of $532 million. This deal, with a player option for the 2024-2025 season and a 15% trade kicker, ensures LeBron’s influence and stability within the Lakers organization despite NBA rules preventing his trade during the upcoming season due to contract specifics.LeBron James' Son Bronny's Cardiac Arrest: Doctor Explains What Happens

The extension arrives amid a challenging period for the Lakers, marked by injuries and a recent coaching change. Despite these hurdles, LeBron’s exceptional performance in the previous season, where he averaged over 30 points per game and achieved career-highs in three-point shooting, underscores his enduring impact on the court.Lebron James becomes FIRST NBA player to reach 40,000 career points |  Breaking News | CBS Sports - YouTube

Off-court, LeBron’s financial success extends beyond basketball, recently joining the elite ranks of billionaire athletes while still actively competing, a feat previously achieved only by Michael Jordan after retirement.LeBron James of the Los Angeles Lakers watches son Bronny play with Sierra Canyon High School during the Ohio Scholastic Play-By-Play Classic against St. Vincent-St. Mary High School at Nationwide Arena on December 14, 2019 in Columbus

Beyond his personal achievements, LeBron is closely watching his son Bronny’s basketball journey. Despite rumors linking Bronny to college teams like the Oregon Ducks, LeBron clarified on social media that Bronny has yet to finalize any decisions. LeBron emphasized the family’s patient approach, ensuring that Bronny’s choices are made on his own terms and announced when he’s ready.LeBron 'Bronny' James Jr. #0 of Sierra Canyon High School with his father LeBron James of the Los Angeles Lakers following the Ohio Scholastic Play-By-Play Classic against St. Vincent-St. Mary High School at Nationwide Arena on December 14, 2019

In summary, LeBron James continues to redefine basketball excellence on and off the court, solidifying his legacy not just as a player but as a financial trailblazer and supportive father in the basketball world.