LeBron James to join Philadelphia 76ers on two-year, $8m contract

LeBron James is set to sign with the Philadelphia 76ers on a two-year, $8m deal that includes a player option, his representatives have confirmed. Klutch Sports Group CEO Rich Paul confirmed the agreement to ESPN, and James addressed the move in a post on X on Friday morning.

The 41-year-old veteran will begin what will be a record 24th NBA season in Philadelphia after spending the past eight campaigns with the Los Angeles Lakers. The agreement, reported during free agency, marks a notable roster change for both James and the 76ers as the player prepares for another season in the league.

According to reports, the structure of the contract is for two years and carries a player option, allowing James flexibility at the conclusion of the first season. The financial terms of the deal are reported at $8m in total value. Klutch Sports Group’s involvement and the confirmation to ESPN provided the public verification of the arrangement.

James used social media to acknowledge the move, addressing the signing in a message posted on X on Friday morning. "I believe I can help make the Philadelphia 76ers a championship team and I am so excited to energize a new fan base and start this incredible journey one last time," he said.

The signing ends speculation about James’s immediate free-agency destination and officially ties the 41-year-old’s next campaign to the 76ers. Having spent eight seasons with the Lakers prior to this deal, James transitions to Philadelphia as he prepares for his 24th season.

The announcement was released through James’s camp and reported to national media outlets, with confirmation coming from Klutch Sports Group’s chief executive and coverage by ESPN. The move will place James with the 76ers roster under the terms described in the confirmed agreement.