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LeBron James signs with Philadelphia 76ers, takes historic pay cut

Yahoo Sports • 1 min read • Latest: Jul 25, 2026, 1:00 AM

Last updated Jul 25, 2026

LeBron James signs with Philadelphia 76ers, takes historic pay cut

Summary

LeBron James has joined the Philadelphia 76ers on a two-year, $8 million contract, marking the largest pay cut in NBA history. Despite recent achievements including setting records for points scored and All-Star appearances, this significant financial reduction highlights his commitment to the team. The move adds a new chapter to his storied career, as he will look to contribute to the 76ers' success in the upcoming season. His decision to prioritize team dynamics over salary reflects a shift in player mentality in the league.

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By the Numbers

•LeBron signs a two-year, $8 million deal with the 76ers.
•This is the largest pay cut in NBA history.
•James holds multiple career records including points and All-Star appearances.
•His decision reflects changing priorities among NBA players.

Latest Updates

1:06 AMYahoo Sports — LeBron James takes biggest pay cut in NBA history
1:00 AMYahoo Sports — LeBron James takes biggest pay cut ever in NBA history in Philadelphia

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