LeBron James Signs 4-Year, $154 Million Contract With Los Angeles Lakers

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PHILADELPHIA (CBS) -- Just hours after 76ers' management flew to Los Angeles to speak with LeBron James' representatives, LeBron signed with the Los Angeles Lakers.

The Lakers agreed to terms with LeBron James on a four-year, $154 million contract.

Sixers' Management In Los Angeles To Meet With LeBron's Representatives

Klutch Sports Group, who represents LeBron, released a statement announcing the deal.

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