LeBron James will join the Philadelphia 76ers for a two-year contract following his eight-year tenure with the Los Angeles Lakers.
LeBron James announced he will join the Philadelphia 76ers on a two-year deal worth $4 million per year. This move concludes his eight-year career with the Los Angeles Lakers, where he earned approximately $50 million last year. The transition represents a significant 84% pay cut for the 41-year-old superstar, who stated the decision was driven by a desire to chase another championship rather than maximize his earnings. Despite the reduced salary, LeBron James remained highly productive during the 2025–26 season, appearing in 60 of 82 regular season games. By accepting a veteran-minimum type contract, LeBron James provides the Philadelphia 76ers with substantial salary-cap flexibility to build a talented roster around him for a final championship run. With an estimated net worth of $1.4 billion, the veteran playmaker remains one of the league's most efficient scorers and playmakers.