LeBron James signs two-year deal with 76ers after historic pay cut

LeBron James signed a two-year contract with the Philadelphia 76ers on July 24, 2026, for $3.9 million annually, marking the largest pay cut in NBA history at nearly $50 million less than his previous salary with the Los Angeles Lakers. Despite this reduction, James continues to earn significantly through endorsements, estimated at around $91 million for the coming season, bringing his total earnings to approximately $95 million. The salary reduction allows the 76ers to maintain a competitive roster. James' salary, however, will likely drop him from the top ranks of Forbes’ highest paid athletes, though he remains among the wealthiest due to endorsements and business ventures.

• 8:17 PMYahoo Sports — LeBron James took a massive pay cut. He still makes bank.