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LeBron James, the only billionaire currently active in the NBA, signs a minimum contract with the Philadelphia 76ers

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Center: 3 (Channel NewsAsia, The Globe and Mail, Fortune); Wire (factual): 1 (Google News); Lean Left: 1 (Rappler).
Catherina Gioino· ·4 min read · 0 reactions · 0 comments · 7 views
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LeBron James, the only billionaire currently active in the NBA, signs a minimum contract with the Philadelphia 76ers
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LeBron James broke the news himself: the only NBA player currently worth $1 billion has signed with the Philadelphia 76ers. The move to Philadelphia’s minimum represents a cut of roughly $48 million, or more than 90% of his prior salary. League mechanics made the number close to unavoidable.

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7 outlets in our directory ran this story, first to last over 7 hours. Coverage spans 2 points on the political spectrum — 3 lean left, 2 centre.

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Original article
Fortune · Catherina Gioino
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LeBron James broke the news himself: the only NBA player currently worth $1 billion has signed with the Philadelphia 76ers. The deal is what’s known as the “veteran’s minimum” for any player with 10 years or more of service — worth roughly and $8 million over two seasons, ESPN’s Shams Charania reported, citing confirmation from James’ agent Rich Paul, CEO of Klutch Sports Group.Recommended Video It’s a sharp turn from his last contract with the Los Angeles Lakers, where he made $52.6 million last season as part of a two-year, $104 million extension signed in 2024. The move to Philadelphia’s minimum represents a cut of roughly $48 million, or more than 90% of his prior salary. League mechanics made the number close to unavoidable.

Excerpt limited to ~120 words for fair-use compliance. The full article is at Fortune.

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