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LeBron James takes significant pay cut to join Philadelphia 76ers

Yahoo Sports • 1 min read • Latest: Aug 8, 2026, 9:07 AM

Last updated Aug 8, 2026

LeBron James takes significant pay cut to join Philadelphia 76ers

Summary

LeBron James has signed a two-year deal with the Philadelphia 76ers worth $8 million, a $48.7 million pay cut from his previous salary with the Los Angeles Lakers. This decision marks the largest pay cut in NBA history. Fans on social media reacted to the news, emphasizing James's focus on winning another championship rather than financial gain. Despite his wealth, with a reported net worth over $1.2 billion, James’s move highlights his commitment to the Sixers' championship aspirations.

Source Links

Yahoo Sports

By the Numbers

•LeBron James signs with Philadelphia 76ers for two years, $8 million.
•This pay cut of $48.7 million is the largest in NBA history.
•Fans express mixed reactions, focusing on his championship ambitions.
•James's net worth is reportedly over $1.2 billion.

Latest Updates

9:07 AMYahoo Sports — ‘He’s got enough’ – NBA fans discuss LeBron James making history with $48.7 million decision

What they're saying

"
LeBron James potentially left a lot of money on the table to sign with the Philadelphia 76ers. In doing so, he created some NBA history that fans had a lot to say about.
— Yahoo Sports

Related Teams & Leagues

Los Angeles Lakers Philadelphia 76ers NBA Basketball