LAS VEGAS, NEVADA - JULY 08: LeBron James of the Los Angeles Lakers attends a game between the Lakers and the Phoenix Suns during the 2022 NBA Summer League at the Thomas & Mack Center on July 08, 2022 in Las Vegas, Nevada. NOTE TO USER: User expressly acknowledges and agrees that, by downloading and or using this photograph, User is consenting to the terms and conditions of the Getty Images License Agreement. (Photo by Ethan Miller/Getty Images)Ethan Miller/Getty Images

NBA Fans Post Funny LeBron James Memes to Celebrate Lakers Contract

Scott PolacekAug 17, 2022

LeBron James will be a member of the Los Angeles Lakers through at least the 2023-24 season.

James' agent, Rich Paul, told ESPN's Adrian Wojnarowski that the King agreed to a two-year, $97.1 million contract extension with the Purple and Gold that includes a player option for the 2024-25 campaign.

It also may be worth up to $111 million if the salary cap increases.

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James signing with the Lakers inspired plenty of reaction on social media:

It is notable that LeBron has the player option for 2024-25 because that is when his son, Bronny, may be a rookie in the NBA. James has consistently talked about wanting to play alongside his son at the sport's highest level, and the player option could present the opportunity to sign with whichever team drafts Bronny.

For now, though, the elder James will be chasing the fifth championship of his career on the Lakers.