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LeBron James signs with 76ers on 2-year deal: ‘My last decision’

LeBron James takes a pay cut from $52.6M to roughly $4M per year to join Philadelphia alongside Embiid, Brown, and Maxey - calling it his final NBA decision.

LeBron James signs with 76ers on 2-year deal: ‘My last decision’
Photo: Cltjames / Wikimedia Commons (CC0)

LeBron James is going to Philadelphia. Not as a Cavalier, not as a Laker. As a Sixer.

The 41-year-old announced Friday on X that he is signing with the Philadelphia 76ers on a two-year deal worth approximately $7.9 million total – a voluntary pay cut of nearly $49 million from his final Lakers salary. The signing became official Sunday. He called it “my last decision.” The parallel to 2010 was impossible to miss.

A source familiar with James’ thinking told ESPN that he seriously considered retirement before choosing Philly. His motivation is simple: a fifth ring. After weighing his options, he concluded the 76ers give him the best shot.

The team he’s joining

Philadelphia isn’t patching together a roster around him. The Sixers have already assembled one of the most talented starting fives in recent NBA history.

In July, they acquired Jaylen Brown from the Boston Celtics – a two-time All-NBA forward who spent 10 years in green – in exchange for Paul George, two first-round picks, and two second-round selections. Brown was stunned by the move. “I threw my phone across the room when I found out,” he admitted. He has since committed fully to winning in Philadelphia.

The projected starting lineup: LeBron James, Tyrese Maxey, Jaylen Brown, Joel Embiid, VJ Edgecombe. Two league MVPs. A five-time All-Star. The 2026 All-Star Game’s starting point guard. Philadelphia officially welcomed James as “one of the greatest players to ever play the game,” per NBC Sports Philadelphia.

The pay cut that defines the choice

Last season, James earned $52.6 million with the Lakers. His new Philadelphia contract averages roughly $3.97 million per year. The math tells you everything about his priorities.

The deal includes a player option in year two, giving James flexibility. At 41, the two-year structure also leaves room for a graceful exit – he’s not signed through a rebuild. He wants to win now, in this city, with this group.

For the 76ers, the salary calculus is just as clean. A near-minimum LeBron James costs almost nothing in cap terms. Philadelphia didn’t trade picks or reshape its roster to land him. He chose them.

What this means for the East

Boston is rebuilding without Brown. Cleveland, reportedly in the mix for LeBron, now faces a 76ers roster that could compete for 60 wins. The Eastern Conference pecking order has shifted.

James won’t play a regular-season game in a 76ers uniform until October. But the decision is made. At 41, on a pay cut, in a city that has waited for a title since 1983, LeBron James is on his last act – and he’s made his choice.

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