LeBron James signs two-year deal with Philadelphia 76ers

LeBron James announced Friday that he will join the Philadelphia 76ers on a two-year contract worth $8 million, with a player option for the second year, according to Klutch Sports Group CEO Rich Paul. The veteran forward, who earned about $53 million with the Los Angeles Lakers last season, said he considered retirement before deciding to continue playing.

In a series of posts on X, James wrote that he "still truly love[s] this game, and I have more to give," and described the move as his "last decision," emphasizing his desire to compete and win another championship. He added that he hopes to help the Sixers break their 43-year title drought.

Bob Myers, president of Harris Blitzer Sports & Entertainment, told Paul’s podcast that he believes the Sixers offer James his "best chance to win." Sixers president of basketball operations Mike Gansey and players Tyrese Maxey, Joel Embiid and recent acquisition Jaylen Brown were also reported to have been involved in discussions with James and his agent.

The Sixers finished the previous season with a 45-37 record and were eliminated in the second round of the playoffs. James’ signing shifted betting odds on DraftKings, with the team’s chances of winning the NBA Finals moving from +900 to +370.

James recalled his early basketball experiences in Philadelphia and praised the city’s fan base after a recent Lakers win in the arena. His departure ends a free-agency period that saw extensive speculation about his next destination.