LeBron James, Rob Pelinka meet to discuss contract extension

Dave McMenamin: LeBron James and his representative Rich Paul of Klutch Sports met with Lakers VP of basketball ops and GM Rob Pelinka on Thursday regarding James’ eligible contract extension. Paul told ESPN the discussion was “productive” and both sides will continue a dialogue.
Source: Twitter @mcten

What’s the buzz on Twitter?

Kurt Helin @basketballtalk
LeBron, Lakers reportedly have “productive” talks toward contract extension nba.nbcsports.com/2022/08/04/leb… – 7:12 PM Dave McMenamin @mcten
New story: LeBron James and the Lakers discussed their future together on Thursday. Rich Paul, the CEO of Klutch Sports Group, told ESPN the talks were “productive” es.pn/3zW94hw – 6:50 PM Dave McMenamin @mcten
LeBron James and his representative Rich Paul of Klutch Sports met with Lakers VP of basketball ops and GM Rob Pelinka on Thursday regarding James’ eligible contract extension. Paul told ESPN the discussion was “productive” and both sides will continue a dialogue. – 5:06 PM Eric Pincus @EricPincus
Latest @BleacherReport How LeBron’s Extension Decision Impacts Potential Westbrook Trades, Lakers Future bleacherreport.com/articles/10044… – 2:20 PM Joe Vardon @joevardon
How LeBron James playing alongside Bronny connects with Lakers extension — which they can offer today, ⁦@The Athletic⁩ theathletic.com/3468365/2022/0… – 11:42 AM Marc Stein @TheSteinLine
LeBron James is eligible as of today for a two-year contract extension with the Lakers worth nearly $100 million.
Full preview: marcstein.substack.com/p/decision-tim… – 9:28 AM Kurt Helin @basketballtalk
Family at heart of decision for LeBron on Lakers’ contract extension nba.nbcsports.com/2022/08/04/fam… – 8:50 AM Bobby Marks @BobbyMarks42
LeBron James is now eligible to sign a 2 year $97.1M extension with the Lakers.
Here are the options for James and the financial implication in LA, with or without a new contract.
Via @YouTube
youtube.com/watch?v=QJtxDd…
Via @espn
espn.com/nba/insider/st… – 7:23 AM Chris Palmer @ChrisPalmerNBA
LeBron is dead set on playing with Bronny. Right now he’s a fringe NBA prospect at best. Needs at least 3 years at a mid-major. That would be the 2026 NBA Draft. LeBron will be 42. Best case scenario is to go undrafted. Then sign a two-way with the South Bay Lakers. – 11:35 PM Chris Fedor @ChrisFedor
LeBron James could sign an extension with the Lakers tomorrow. Or he could not. If he doesn’t, buckle up. It could fuel speculation about a third #Cavs go-around, something the organization would be open to — under the right terms.
cleveland.com/cavs/2022/08/l… – 6:40 PM NBA on ESPN @ESPNNBA
Could you see LeBron going back to Cleveland? 👀
@Bobby Marks on what could be a wild 2023 free agency https://t.co/HDRpTfCDBd pic.twitter.com/WQNKfLr59L – 5:27 PM

More on this storyline

Paul told ESPN he expects both sides to continue a dialogue moving forward. LeBron James is entering the final year of his contract, worth $44.5 million, and will be 38 years old when his current deal is up. The maximum length of a contract a player aged 38 or older can sign is two years, according to the NBA’s collective bargaining agreement. James has until June 30 to sign the extension before becoming an unrestricted free agent. -via ESPN / August 4, 2022 Dave McMenamin: James, entering his 20th NBA season, has until June 30 to sign the extension before becoming an unrestricted free agent -via Twitter @mcten / August 4, 2022 LeBron James has three options with the Lakers’ extension offer: 1) Ignore it, don’t sign it, and become a free agent next summer. 2) Sign it for the full two years and lock himself in with the Lakers until age 40. 3) Sign for one additional year, or one year with a player option for the second year (a 1+1). Option 3 keeps LeBron settled in Los Angeles but with flexibility if and when Bronny enters the NBA in another market. Most sources NBC spoke with expected LeBron will go with option three — a 1+1 — but that he may take his time signing it. There is no rush. And if that keeps the pressure on the Lakers to upgrade the roster, all the better. -via NBC Sports / August 4, 2022