Lakers Sign LeBron James To Contract Extension
DECEMBER 3: The Lakers have officially announced James’s contract extension in a press release.
“LeBron James is a transcendent basketball player, and human being,” GM Rob Pelinka said in a statement. “LeBron put his trust in the Lakers in 2018, and now this contract extension paves the way for LeBron to further solidify his legacy as an all-time Lakers great. We could not be more honored by this commitment.”
DECEMBER 2: The Lakers and LeBron James have agreed to terms on a two-year, maximum-salary contract extension, agent Rich Paul of Klutch Sports tells Shams Charania of The Athletic (Twitter link).
Chris Haynes of Yahoo Sports confirms (via Twitter) that an extension agreement is in place and that it will run through 2023. That means the new deal has essentially replaced LeBron’s 2021/22 player option with a guaranteed season and tacked one extra year onto his contract.
James, who has a $39,219,566 salary for 2020/21, can receive a 5% raise on that figure for the first year of his extension, which would result in a ’21/22 salary of $41,180,544, notes ESPN’s Bobby Marks (Twitter link). He can then receive an 8% raise for year two, which means a ’22/23 salary of $44,479,988. The end result would be a two-year extension worth about $85.66MM.
Assuming James prioritized maximizing his future earnings, his extension won’t include a player option for 2022/23.
As cap expert Albert Nahmad explains (via Twitter), the extension can only have included a new player option if LeBron technically picked up his existing ’21/22 option (worth $41,002,274) as part of the deal, which would limit the amount of his raise for ’22/23. CBA rules prohibit him from declining that option and then signing an extension that includes fewer than two guaranteed seasons.
Either way, LeBron will no longer be eligible to opt out in 2021, taking one huge name off next year’s free agent market. It’s not clear whether James’ extension will influence what Anthony Davis‘s next contract looks like — ESPN’s Brian Windhorst says the Lakers’ two superstars are making their decisions independent of one another.
As Charania (Twitter link) and others have noted, LeBron’s son Bronny James is scheduled to graduate high school in 2023. If the NBA and NBPA have agreed to scrap the one-and-done rule by that point, it could open the door for Bronny to enter the 2023 draft and team up with LeBron during the ’23/24 season.
The elder James will turn 36 years old later this month, but has shown no signs of slowing down yet. In 2019/20, he averaged 25.3 PPG and 7.8 RPG to go along with a league-high 10.2 APG in 67 games (34.6 MPG). He earned First Team All-NBA honors, finished second in MVP voting, led the Lakers to a championship, and won his fourth NBA Finals MVP award.
Photo courtesy of USA Today Sports Images.
League May Boost Active Player Tally To 15
Due to the compressed 2020/21 season schedule and fears over the impact of COVID-19 on NBA roster availability, the league may boost its active player list for games this year from 13 players to 15, Adrian Wojnarowski of ESPN tweets.
The league’s Competition Committee today supported the concept, according to Woj, but the league’s Board of Governors (all 30 team owners, their representatives, and commissioner Adam Silver) need to green-light such a decision before it becomes official policy.
Including two-way contracts, teams can carry 17 total players during an NBA season, so the tweak would allow all but two of them to be active.
The shortened 72-game 2020/21 season is currently scheduled to kick off on December 22.
Central Notes: Turner, Cavs, Jackson, Bulls
After Domantas Sabonis emerged as an All-Star last season, the Pacers almost sent big man Myles Turner to the Celtics during the offseason in a scuttled sign-and-trade deal for forward Gordon Hayward. Turner is striving to maintain his focus for the upcoming season with Indiana and not ruminate on the Boston trade, according to J. Michael of the Indianapolis Star.
“It really was my first time going through something like that,” Turner said. “In the past, you hear your name here and there. This is the first time it really heated up.”
When they shared the court, Turner and Sabonis alternated between the center and power forward positions on offense and defense under the tutelage of former head coach Nate McMillan.
There’s more out of the Central Division:
- Chris Fedor of Cleveland.com weighed in on the first day of Cavaliers training camp, where head coach J.B. Bickerstaff has emphasized a culture of accountability. “We’re not too far off. We have the caliber guys here to really make some noise,” recently-added center Andre Drummond said. “If we don’t make it to the playoffs, we’ll be damn close.”
- Pistons head coach Dwayne Casey sees new addition Josh Jackson as a reclamation candidate a la power forward Christian Wood, per Keith Langlois of Pistons.com. “It’s the same thing,” Casey notes. “Everyone was saying, ‘Dwane, don’t mess with him. Leave him alone.’ I enjoy people who have a chip on their shoulder, who’ve been almost forgotten about as Josh has been.”
- The United Center will not host fans to start the 2020/21 season for Bulls games due to the coronavirus pandemic, the team tweeted on its official account.
O’Connor’s Latest: Westbrook, Harden, Wall, Beal
Russell Westbrook made his trade request to the Rockets in large part because he and James Harden weren’t that great an on-court fit, writes Kevin O’Connor of The Ringer. As such, Houston viewed Westbrook’s desire to leave as a “blessing in disguise,” since it gave the team an opportunity to try to make Harden happy, per O’Connor.
As O’Connor explains, many members of the Rockets organization believe that Harden isn’t necessarily dead-set on leaving Houston, despite his reported preference for a trade — he simply wants to win a championship and is no longer sure whether his current team gives him a realistic chance to do so. If they want to keep him, the Rockets have to prove to Harden that they’re the team best suited to helping him realize that championship goal, O’Connor says.
Here’s more from The Ringer’s lead NBA reporter:
- The Rockets “searched far and wide” to find a Westbrook trade, says O’Connor. League sources tell The Ringer that the Hornets‘ interest in Westbrook dissipated after they drafted LaMelo Ball and that interest from the Knicks “eventually fizzled” as well, leaving the Wizards as the only viable suitor.
- The market for John Wall was even more limited than the one for Westbrook, according to O’Connor, who says that any team with even mild interest in acquiring the former No. 1 overall pick wanted multiple draft picks as a sweetener for taking on his oversized contract.
- Wall’s desire to be traded became public shortly after word of the Wizards‘ discussions with the Rockets initially broke. O’Connor suggests that wasn’t a coincidence, writing that Wall became “disgruntled” with his future in D.C. once those trade talks were reported.
- A video that surfaced in September showing Wall flashing gang signs at a party helped pave the way for his departure, since the club wasn’t pleased about that video, O’Connor confirms. Still, the Wizards‘ primary motivation for making the deal was their desire to focus on building around Bradley Beal and keeping him long-term, says O’Connor.
And-Ones: Marijuana, Team USA, K. Alexander, W. Chandler
After not testing players for marijuana during its summer restart, the NBA will continue to forgo those tests for the 2020/21 season, league sources tell NBA reporter Ben Dowsett (Twitter links).
As Dowsett explains, this decision is largely tied to COVID-19 safety protocols, since testing for marijuana only increases the amount of close contact required for players. Still, Dowsett notes that there’s no guarantee the testing program will ever return in its previous form. The expectation from many people in the league is that marijuana testing may be on the way out, per Dowsett.
Here are more odds and ends from around the basketball world:
- Team USA head coach Gregg Popovich acknowledged this week that putting together the roster for the Tokyo Olympics may be a challenge, given how late the NBA season will run. “The timing does make everything difficult,” Popovich said, per Tim Reynolds of The Associated Press. “And it will demand some real soul-searching and out-of-the-box type of thinking to put together the best team we possibly can.”
- Free agent big man Kyle Alexander, who finished the 2019/20 season on a two-way contract with Miami, has reached an agreement to sign with Baloncesto Fuenlabrada in Spain for the 2020/21 season, the team announced (Spanish link). Alexander made his NBA debut in the Orlando bubble, appearing in two of the Heat’s eight seeding games.
- ESPN.com has provided a primer on how the 2020/21 NBA season will work, including details on the league’s COVID-19 protocols, the new postseason play-in format, and more.
- Wilson Chandler, who joined the Zhejiang Lions of the Chinese Basketball Association after finishing last season with the Nets, spoke on an episode of The Realm podcast about why he decided to continue his career in China. Kristian Winfield of The New York Daily News shares some of the highlights from the discussion.
Rockets Notes: Harden, Wall, Westbrook, Roster
Shortly after Houston traded Russell Westbrook to Washington on Wednesday night, Tim MacMahon of ESPN reported that the Rockets‘ stance on James Harden hadn’t changed and that they didn’t envision a scenario where he’d be traded before opening night.
Following up on that report, Jordan Schultz of ESPN (Twitter link) asked a Rockets source if the club is done making offseason moves.
“Yes, we are done!” that source replied. “Can’t always say for sure but that’s the plan.”
While the Rockets are seemingly intent on keeping Harden for the time being, John Hollinger of The Athletic believes it’s just a matter of time before they’ll have to make a deal. Hollinger believes the Rockets will likely attempt to duck the luxury tax again this season, further weakening the roster in the process, and says teams around the league are waiting to see if Houston gets serious about moving Harden during the season or in the 2021 offseason.
Here’s more out of Houston:
- Appearing on ESPN’s Get Up (video link) this morning, Adrian Wojnarowski said that Harden “had a preference of John Wall over Westbrook.” While that may be the case, it’s worth noting that a year ago we heard that Harden’s preference was Westbrook over Chris Paul, and that didn’t work out great.
- In the wake of the Westbrook trade, Zach Lowe of ESPN explained on his Lowe Post podcast that the market for the former MVP was virtually nonexistent outside of Washington’s offer. “The Clippers were not interested,” Lowe said, per RealGM. “The Knicks were not interested unless they were incentivized. I don’t know where the Hornets noise came from — maybe it was credible. All I can say is, from the people I know there, I never heard they were interested. There was, to my knowledge, nothing.”
- The Rockets’ decision-makers don’t believe that the trade for Wall alters the “suddenly strained dynamic” between Harden and the team, writes Tim MacMahon of ESPN (Insider link).
- New Rockets head coach Stephen Silas said today that he expects to have his full roster available when practices begin on Sunday, tweets Jonathan Feigen of The Houston Chronicle. If Silas is right, that suggests that no Rockets were among the 48 players who recently tested positive for COVID-19.
NBA Targeting March 25 For 2021 Trade Deadline
The NBA has its eye on Thursday, March 25 for this season’s trade deadline, according to Shams Charania of The Athletic (Twitter link). While that’s the tentative plan, the date will still need to be approved by the league’s Board of Governors, Charania notes.
In recent years, the trade deadline has landed in early February. However, in those instances, the season was tipping off in mid-October and ending in early- to mid-April. In 2020/21, the regular season will run from December 22 to May 16.
A March 25 is still a little later in the season than usual, coming well after the league-wide salary guarantee date (February 27) and after the dates when recently-signed players will be trade-eligible (February 6 and March 3).
[RELATED: Details on new dates, deadlines for 2020/21]
It would fall a couple weeks before the April 9 deadline for players to be waived by one team and retain playoff eligibility for a new club.
Northwest Notes: McLaughlin, Nuggets, Diallo, Clarkson
While there are still a handful of interesting names on the list of available free agents, only one of those players is a restricted free agent. Jordan McLaughlin, who finished the 2019/20 season on a two-way deal with the Timberwolves, is the lone player left on the market of the 31 who initially received qualifying offers in November.
It seems likely that McLaughlin will still end up with the Timberwolves, since most teams are prepared to start training camp and aren’t looking to sign an RFA to an offer sheet. However, Darren Wolfson of 5 Eyewitness News tweets that the team and McLaughlin still seem to be “a bit apart” on a new deal. As a result, the 24-year-old guard has yet to report to the team’s facility for camp.
Here’s more from around the Northwest:
- When Jerami Grant left Denver for Detroit last month, reports indicated that the Nuggets had expected to re-sign the forward and were caught off guard when he chose the Pistons. The Nuggets’ president of basketball operations, Tim Connelly, confirmed as much this week, telling reporters that “it was a bit surprising and disappointing” that the team couldn’t get a deal done with Grant (Twitter link via Kendra Andrews of The Athletic).
- Newly-signed Nuggets big man Isaiah Hartenstein said he chose to join Denver because he’ll get an opportunity to have an immediate role on a contending team, tweets Mike Singer of The Denver Post.
- After a whirlwind offseason of roster moves in Oklahoma City, 2018 second-round pick Hamidou Diallo suddenly finds himself as the Thunder‘s longest-tenured player, writes Joe Mussatto of The Oklahoman.
- Jazz guard Jordan Clarkson spent less than a full season in Utah before committing to a four-year contract with the team this fall. As Aaron Falk of UtahJazz.com writes, Clarkson’s brief stay in Utah convinced him a long-term deal was the right move. “It’s crazy how fast I connected with these guys and this group,” Clarkson said. “… The guys have been great. The relationship with Coach (Quin Snyder). Overall, just the fit. The city has been great to me as well. I’m just feeling comfortable, peace of mind.”
Lakers Notes: LeBron, Future, Kuzma, Howard
It has been an eventful week for the Lakers, who have agreed to new deals with both of their two superstars — LeBron James is signing through 2023, while Anthony Davis will be under contract through at least 2024.
In an Insider-only article for ESPN.com, Kevin Pelton explores what those two new contracts mean for the Lakers’ long-term future, observing that Rob Pelinka and the front office can now focus on how to fill out the roster around the team’s two stars in the coming years. While the Lakers’ 2020/21 roster is set, only two players besides James and Davis (Kentavious Caldwell-Pope and Marc Gasol) have guaranteed contracts beyond this season.
With little to no projected cap room for 2021 and beyond, the Lakers will likely prioritize re-signing their own free agents next year rather than shaking up the roster too significantly, Pelton writes. Dennis Schröder, Alex Caruso, and Kyle Kuzma are among the younger players who will be up for new deals in 2021.
Here’s more on the Lakers:
- In his look at LeBron’s extension, Bill Oram of The Athletic suggests that comparisons to the two-year, $48MM deal Kobe Bryant signed with the Lakers at age 35 are misplaced. Oram says Kobe’s extension was a “gift” to Bryant, who was coming off a torn Achilles at the time. James’ extension comes after he finished second in MVP voting and was named Finals MVP in 2020.
- Kyle Kuzma said today that his agent and the Lakers have talked about a contract extension, but he declined to offer any additional specifics (Twitter link via Dave McMenamin of ESPN). “We’ll see,” Kuzma said. As Bobby Marks of ESPN points out (via Twitter), L.A. could be more open to a rookie scale extension for Kuzma now that the team isn’t as concerned about retaining cap flexibility for 2021.
- Asked about the message he tweeted – and then deleted – on the first night of free agency about returning to the Lakers, new Sixers center Dwight Howard essentially confirmed the explanation reported at the time by Chris Haynes of Yahoo Sports. “At one point, I thought I (had an offer from the Lakers),” Howard said, per Michael Scotto of HoopsHype. “And so that’s when you saw the infamous tweet because I really thought I was going back, but there was no offer.”
Sixers’ Tyrese Maxey Signs Rookie Contract
The Sixers have signed first-round pick Tyrese Maxey, the team announced in a press release. A 6’3″ guard out of Kentucky, Maxey was the 21st overall selection in last month’s draft.
Terms of the deal were not released, but as a first-round pick Maxey is eligible to earn up to 120% of the rookie scale, which would be $2,478,840 for the upcoming season.
Maxey played one season for the Wildcats, earning a spot on the All-SEC Second Team and the SEC All-Freshman Team. He averaged 14.0 points, 4.3 rebounds and 3.2 assists in 31 games.
Now that Maxey is officially under contract, there are no outstanding rookie deals still to be completed for 2020 first-round picks. Twenty-nine of those 30 players have signed their first NBA contracts, with the 30th player – Leandro Bolmaro – remaining in Barcelona for the 2020/21 season.
