LeBron Officially Signs $153M Deal With LA Lakers
LOS ANGELES (CBSLA/AP) — LeBron James has officially joined the Los Angeles Lakers.
The Lakers announced the signing of the four-time NBA Most Valuable Player as a free agent Monday night.
James' representatives at Klutch Sports Group tweeted a photo of James signing his contract with general manager Rob Pelinka.
Officially signed with the @Lakers @KingJames pic.twitter.com/A5jHZxXEP4
— Klutch Sports Group (@KlutchSports) July 10, 2018
James' agency announced last week that the superstar had agreed to a four-year deal worth $153.3 million with the Lakers, who have missed the playoffs in a franchise-record five consecutive seasons.
James has played in the past eight NBA Finals with the Miami Heat and the Cleveland Cavaliers, winning three titles.
Magic Johnson, the Lakers' president of basketball operations, called James "the best player in the world" in a news release.
"The Lakers players are excited to have a teammate who has been to nine NBA Finals. It's a huge step closer to returning the Lakers to the playoffs and to the NBA Finals," said Johnson.
(© Copyright 2018 CBS Broadcasting Inc. All Rights Reserved. The Associated Press contributed to this report.)