• Home
  • Basketball
  • Football
  • Tennis
  • Soccer
  • Golf
  • Cycling
  • NBA
  • WNBA
  • Formula 1
  • Sports
  • Boxing
What's Hot

Leicester City Part Ways with Manager Steve Cooper After Disappointing Start to Premier League Season

November 25, 2024

Liverpool Secure 3-2 Comeback Victory Over Southampton, Extend EPL Lead to 8 Points

November 25, 2024

Thitikul Seals Record $4 Million Prize with Stunning Finish at LPGA Championship

November 25, 2024
Facebook Twitter Instagram
  • Sports
  • Soccer
  • NBA
  • Euro 2024
  • Tennis
Facebook Twitter Instagram
SeasportsSeasports
  • Sports News

    Leicester City Part Ways with Manager Steve Cooper After Disappointing Start to Premier League Season

    November 25, 2024

    Liverpool Secure 3-2 Comeback Victory Over Southampton, Extend EPL Lead to 8 Points

    November 25, 2024

    Thitikul Seals Record $4 Million Prize with Stunning Finish at LPGA Championship

    November 25, 2024

    Guardiola Signs One-Year Contract Extension with Manchester City

    November 21, 2024

    England Secures 3-0 Victory Over Greece, Keeping Nations League Promotion Hopes Alive

    November 15, 2024
  • Football
  • Basketball
    • NBA
    • WNBA
  • NFL
  • MLB
  • NHL
  • Golf
  • NCAA
  • more
    • Tennis
    • Euro 2024
    • Paris 2024
    • F 1
    • Boxing
    • Cycling
    • World Cup
SeasportsSeasports
Home ยป LeBron James Takes Slight Pay Cut to Help Lakers Avoid Second Apron as He Officially Re-Signs
Basketball

LeBron James Takes Slight Pay Cut to Help Lakers Avoid Second Apron as He Officially Re-Signs

adminBy adminJuly 8, 2024No Comments2 Mins Read
Facebook Twitter Pinterest LinkedIn Tumblr Email
Share
Facebook Twitter LinkedIn Pinterest Email

LeBron James Takes Slight Pay Cut to Help Lakers Avoid Second Apron as He Officially Re-Signs - Seasports

LeBron James has officially re-signed with the Los Angeles Lakers, announced by the team late Saturday night. It was widely expected, with reports confirming on Thursday that he would stay with the team.

According to ESPN’s Bobby Marks, James will sign a two-year deal worth approximately $101.35 million, with the second year being a player option. This is slightly less than his maximum potential earnings of around $104 million. The slight reduction in salary helps the Lakers stay below the second apron threshold in total team salary, leaving them with about $45,000 in room below that line, as reported by Marks.

Exceeding the second apron carries significant roster-building limitations for the Lakers, including restrictions on salary aggregation in trades and loss of access to the taxpayer mid-level exception. Maintaining salary below this threshold also avoids the frozen draft pick penalty, which would have restricted the Lakers’ first-round pick seven years later if they had exceeded the apron.

James reportedly sacrificed a larger sum, potentially up to $20 million, aiming to retain flexibility for the Lakers to pursue signings or trades for top players. Despite efforts, the Lakers were unable to secure their primary targets, including Klay Thompson, Jonas Valanciunas, and James Harden, who were all unavailable by the time they pursued Thompson.

With 15 players under guaranteed contracts, including James and his son, Bronny James, the Lakers are currently unlikely to make major roster moves without clearing space. The deal with James ensures he receives nearly the maximum salary, a no-trade clause, and a 15% trade kicker if he waives the no-trade clause in the future.

This re-signing allows the Lakers to maintain continuity with an iconic player while strategically managing their roster and salary cap constraints for the upcoming season.

contract details LeBron James Los Angeles Lakers luxury tax apron roster flexibility
Share. Facebook Twitter Pinterest LinkedIn Tumblr Email
LeBron James Takes Slight Pay Cut to Help Lakers Avoid Second Apron as He Officially Re-Signs - Seasports
admin
  • Website

Related Posts

Leicester City Part Ways with Manager Steve Cooper After Disappointing Start to Premier League Season

November 25, 2024

Liverpool Secure 3-2 Comeback Victory Over Southampton, Extend EPL Lead to 8 Points

November 25, 2024

Thitikul Seals Record $4 Million Prize with Stunning Finish at LPGA Championship

November 25, 2024

Guardiola Signs One-Year Contract Extension with Manchester City

November 21, 2024

Recent Posts

  • Leicester City Part Ways with Manager Steve Cooper After Disappointing Start to Premier League Season
  • Liverpool Secure 3-2 Comeback Victory Over Southampton, Extend EPL Lead to 8 Points
  • Thitikul Seals Record $4 Million Prize with Stunning Finish at LPGA Championship
  • Guardiola Signs One-Year Contract Extension with Manchester City
  • Jets Consider Moving On from Aaron Rodgers After Overhaul in 2025
Latest Posts

Subscribe to Updates

Get the latest sports news from SportsSite about soccer, football and tennis.

Archives
  • November 2024 (36)
  • October 2024 (100)
  • September 2024 (283)
  • August 2024 (346)
  • July 2024 (350)
  • June 2024 (176)
  • May 2024 (265)
  • April 2024 (74)
Tags
Arsenal Barcelona Bayern Munich Caitlin Clark Celtics Champions League Chelsea contract contract extension Copa America England Euro 2024 football France Gareth Southgate Germany Knicks Lakers La Liga LeBron James Liverpool Manchester City Manchester United Mavericks Nations League NBA NBA Draft New York Jets NFL NHL Paris Olympics Premier League PSG Real Madrid retirement Serie A Soccer Team USA Tennis Timberwolves trade training camp transfer US Open victory
Seasports
Facebook Twitter Instagram Pinterest Vimeo YouTube
  • Home
  • Sports
  • Soccer
  • NBA
  • Golf
© 2025 Seasports. Designed by Seasports.

Type above and press Enter to search. Press Esc to cancel.