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LeBron James Signs Two-Year, $8 Million Deal With Philadelphia 76ers, Ending His Lakers Era

PHILADELPHIA — The biggest story of the 2026 NBA offseason is official. LeBron James is heading to the Philadelphia 76ers.

The NBA’s all-time leading scorer announced Friday that he will sign a two-year, $8 million contract with the 76ers, including a player option for the second season. The move ends his eight-year run with the Los Angeles Lakers and marks what James says will be the final chapter of his legendary NBA career.

After earning nearly $53 million last season, James chose to take a veteran-minimum contract, making it clear that his decision was driven by one goal: winning another NBA championship.

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“This is my last decision. I’m not going for money. I’m not going for family. What am I really playing for at this point? I still want to sacrifice. I still want to work. I still want to grind. I still want to compete, to win and to have a chance at the feeling of winning another championship,” James wrote in a statement on X.

LeBron Nearly Retired Before Choosing Philadelphia

James revealed that he seriously considered retirement after the Lakers’ season ended. However, after taking time to reflect, he realized his passion for basketball remained as strong as ever.

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According to Klutch Sports CEO Rich Paul, the four-time NBA champion prioritized “basketball happiness” and the best opportunity to compete for another title over financial gain. Several contenders—including the Cleveland Cavaliers, Miami Heat, and Golden State Warriors—were in the mix before Philadelphia ultimately secured his commitment.

Why the 76ers Won the Sweepstakes

Philadelphia made an aggressive push to land James.
The recruitment included persistent conversations from the front office and strong support from franchise stars Joel Embiid, Tyrese Maxey, and newly acquired Jaylen Brown. Maxey, who shares a close relationship with James through Klutch Sports, reportedly played a significant role in convincing the NBA icon that Philadelphia offered his best chance to compete for one last championship.

A New Superteam Takes Shape

James now joins one of the NBA’s most talented rosters.

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Philadelphia’s projected core includes:
LeBron James
Joel Embiid
Tyrese Maxey
Jaylen Brown
VJ Edgecombe

The signing immediately transformed the NBA title race. Sportsbooks dramatically improved the 76ers’ championship odds following the announcement, reflecting expectations that Philadelphia has become one of the favorites in the Eastern Conference.

End of an Era for the Lakers

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James leaves Los Angeles after eight memorable seasons, highlighted by the Lakers’ 2020 NBA championship.
His departure also means he will no longer share the court with his son, Bronny James. Rich Paul confirmed there are no plans for Bronny to follow his father to Philadelphia.

Can LeBron Deliver Another Championship?
Philadelphia has not won an NBA title since 1983. Now, the franchise is betting that one of the greatest players in basketball history can help end that drought.

At 41 years old, James is preparing for a record-extending 24th NBA season. Rather than chasing another massive contract, he has chosen one final opportunity to compete for championship No. 5.

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If successful, it would become one of the most remarkable final acts in NBA history.

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