LeBron James signs with 76ers, partners on $15M Polymarket deal

LeBron James has officially signed with the Philadelphia 76ers on a two-year, $8 million contract. At 41 years old, he aims for another NBA championship during what may be his final season. In addition to his contract, James has secured a lucrative $15 million endorsement deal with Polymarket, which might influence how teams structure future player contracts. Analysts suggest that such side deals could create a loophole for salary cap management in the NBA, potentially allowing players to accept smaller contracts while maximizing income through partnerships. The basketball community is closely monitoring this situation as training camp approaches.

• 2:46 PMYahoo Sports — 76ers' LeBron James just created major loophole for the entire NBA after $15M Polymarket deal