LeBron James’s Potential Retirement Could Cost Him Nearly $100 Million

The basketball luminary is considering a move that would have significant financial consequences.
LeBron James’s Potential Retirement Could Cost Him Nearly $100 Million
LeBron James’s Potential Retirement Could Cost Him Nearly $100 Million /
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When the Lakers lost to the Nuggets 113–111 Monday evening to close the book on Los Angeles’s 2023 season, basketball fans were left to confront the unthinkable: the potential retirement of Los Angeles forward LeBron James.

James was evasive, opaque and terse during his presser after dropping 40 points in Denver’s comeback victory, telling reporters he “[has] to think about” potentially walking away from the game after 20 years.

The news took the basketball world by surprise for a number of reasons, not the least of which was the money James would leave behind by retiring.

On Aug. 17, 2022, James signed a two-year, $97 million extension with Los Angeles. As currently structured, James would make just under $47 million in 2024 and he would have a $51 million player option for 2025.

By walking away, James would forfeit his ’24 and ’25 salaries—a total that adds up to almost $100 million.

James, phenomenally wealthy with a secure legacy as a towering figure in 21st-century American sports, presumably is in a position where financial considerations have become almost academic. However, the cost of a potential retirement is worth noting as James ponders his future in the weeks and months ahead.


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Patrick Andres
PATRICK ANDRES

Patrick Andres is a staff writer on the Breaking and Trending News team at Sports Illustrated. He joined SI in December 2022, having worked for The Blade, Athlon Sports, Fear the Sword and Diamond Digest. Andres has covered everything from zero-attendance Big Ten basketball to a seven-overtime college football game. He is a graduate of Northwestern University's Medill School of Journalism with a double major in history .