LeBron James won't be hitting the open market.
The Los Angeles Lakers superstar agreed to a two-year, $97.1-million contract extension Wednesday, his agent told ESPN's Adrian Wojnarowski.
James' new deal includes a player option for the 2024-25 campaign as well as a 15% trade kicker, adds Wojnarowski.
Earlier in August, the Akron, Ohio, native became eligible for an extension with the Lakers and had until June 30, 2023, to sign the new deal.