Salary Expert: If James gives up on his player option, he can sign a three-year, $175.3 million new contract

ESPN salary expert Bobby Marks wrote an article about the contract related to Lakers player James.

Marks wrote: "James' second straight offseason, his potential free agent status will have an impact on the Lakers' roster adjustment. James has a $52.6 million player option next season, and he and Finney Smith need to decide whether to execute the option by June 29. If James chooses the execution option or signs a new contract with a comparable starting salary, the Lakers' luxury tax will exceed $1.3 million. They currently have $6.7 million in space from the first hard salary cap and can only use $5.7 million in non-tax middle class exceptions. However, because the Lakers are well below the second hard ”

" James has been out for two consecutive seasons in the first round, how will this affect his future? Even though he is 40 years old, he still has a great performance on the court. Since his birthday on December 30, James has averaged 25.1 points, 7.8 rebounds and 7.7 assists in the regular season. If he chooses to give up the player option, he can sign a three-year, $175.3 million contract with the Lakers. Since 2018, James has signed four contracts with the Lakers, only one of which lasts more than two years. "