Jaws dropped when James announced that his 24th season would not be with the Los Angeles Lakers. But the unexpected twists just kept coming. On Friday, July 24, LeBron finally shared where he would play in the upcoming 2026-2027 season, and it wasn’t anywhere that anyone expected.
While ot was widely rumored that James would choose the Warriors or return to either the Cavaliers or Heat, he isn’t going back to Cleveland or Miami. Instead, James shook things up and signed a two-year $8 million contract with the 76ers.
LeBron James speaks onstage during the TIME100 Sports Gala. (Photo by Jemal Countess/Getty Images for TIME)Back in 2018 (when he moved to the Lakers), he was hailed as the best-paid NBA player. At the time, his four-year contract was estimated at just over $387 million.
Why did LeBron James sign an $8 million two-year contract with the 76ers?
Given LeBron’s high earning potential, fans are stumped as to why the billionaire would sign an $8 million two-year deal.
The newest 76er started by writing, “I thought I was done when the season ended. I wasn’t ready to announce it, and I knew I needed some time to really decide, but I was pretty sure I played my last game. I was honest at that last press conference when I said I need to look at myself and decide if I still love this game. I still truly love this game, and I have more to give.”
James explains, “The last few weeks have really been special. I’ve never been able to have no clue what to do and take real time to just think. I’ve had an incredible few months with all the people I love trying to figure it all out. This is my last decision. I’m not going for money. I’m not going for family. What am I really playing for at this point?” And yes, that’s what fans want to know!
He continued, “I believe I can help make the Philadelphia 76ers a championship team and I am so excited to energize a new fan base and start this incredible journey one last time.”
The basketball star gave a shout-out to his past three teams, saying, “Thank you LA. Miami I’ll forever love and Northeast Ohio will always home!”
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