LOS ANGELES (KABC) -- Los Angeles Lakers star LeBron James has agreed to a two-year contract extension that's worth $85 million, ESPN reported Wednesday.
His extension runs through the 2022-23 season, which will give him 20 seasons in the NBA.
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The deal follows a season in which James, who turns 36 later this month, helped lead the Lakers to a championship title, earning him the 2020 NBA Finals MVP title.
According to ESPN, James is the first player in NBA history to win that award with three franchises.
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The Lakers are still working to re-sign their other superstar, Anthony Davis.
Los Angeles Lakers' LeBron James (23) dunks during the first half in Game 6 of basketball's NBA Finals against the Miami Heat Sunday, Oct. 11, 2020, in Lake Buena Vista, Fla. (AP Photo/Mark J. Terrill)