With a significant pay cut: LeBron James' next team

LeBron James, at age 41, signed a two-year deal with the Philadelphia 76ers worth $8 million per season – a 6.5-fold cut from his previous Lakers salary. He turned down offers from Miami, Golden State, and others, and will join Joel Embiid, Jaylen Brown, and Tyrese Maxey in pursuit of a fifth championship.

LeBron James officially announced his move to the Philadelphia 76ers ahead of his 24th NBA season. At 41, after leaving the Los Angeles Lakers at the end of June, he rejected offers from the Golden State Warriors, Miami Heat, Minnesota Timberwolves, and Cleveland Cavaliers. The two-year contract worth $8 million per season represents a 6.5-fold cut from his previous salary (approximately $52.63 million last season). James will join Joel Embiid, Jaylen Brown (acquired in a trade earlier this month), and Tyrese Maxey, making Philadelphia a top championship contender. In his announcement on X, he wrote: "I thought last season was my end... but I came to the conclusion that I still truly love this game and have more to give."

With a significant pay cut: LeBron James' next team