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On Monday, July 27, the Philadelphia 76ers announced their deal with Akron native LeBron James is done.
The Sixers signed James to a two-year, $8 million contract on Sunday, July 26, ESPN first reported after James announced on Friday, July 24, he would join Philadelphia. The pact includes a player option for the 2027-28 season and and a 15% trade kicker.
As long as the 41-year-old James stays healthy enough to produce like he has for more than two decades, his deal with the Sixers will be among the greatest bargains in NBA history, if not all of professional sports.
LeBron James news: Former Cleveland Cavaliers GM Mike Gansey wins LeBron James sweepstakes with 76ers
The 76ers announcing their victory in the James sweepstakes gave new Philly president of basketball operations Mike Gansey a chance to comment on the move. Gansey left his job as Cavaliers general manager in late May to take control of the Sixers' front office. A Northeast Ohio native, Gansey was a high school basketball star at Olmsted Falls while James played for St. Vincent-St. Mary. As a senior, Gansey finished runner-up to James, a sophomore at the time, in Ohio Mr. Basketball voting.
"There is no doubt LeBron is one of the greatest players to ever play the game of basketball, and there are no words to measure the impact he’ll have on this organization," Gansey said in a news release. "I have had the pleasure of knowing LeBron since high school and have seen the high-level impact he’s produced at every stop of his basketball journey.
"He is a consummate professional, the ultimate competitor, and a tireless worker. But he is also an incredible person with natural leadership traits, a family man, and someone who possesses unwavering commitment to community and those around him. We couldn’t be happier that he is officially here and are excited to welcome him, Savannah, and the James family into our 76ers family."
Agent Rich Paul confirmed July 24 on his "Game Over" podcast the 76ers, Cavs, Miami Heat and Golden State Warriors were the final four teams under consideration in the James derby.
"I think that every one [of the top suitors] was at some point leading the race," Paul said.
Paul also said James didn't finalize his decision until roughly "1 in the morning" on July 24.
Cavs news: Cavaliers roster and depth chart breakdown after LeBron James picked the 76ers
When the dust settled, the Sixers were the last team standing in the competition for James.
In a series of tweets on July 24, James explained his choice boiled down to believing "I can help make the Philadelphia 76ers a championship team." He also stated he prioritized "a chance at the feeling of winning another championship" over money or logistics involving family.
"I am thrilled to welcome LeBron James to the Philadelphia 76ers," Sixers managing partner Josh Harris said in the release. "[James is] one of the greatest players in NBA history and one of the best athletes ever. His accomplishments are iconic: four-time NBA Champion, four-time NBA MVP, four-time Finals MVP, three-time Olympic Gold medalist, the NBA’s all-time leading scorer, a record 22 All-Star selections, and 21 All-NBA selections.
"I cannot wait to see LeBron alongside Jaylen Brown, VJ Edgecombe, Joel Embiid, Tyrese Maxey, and our talented roster as we work to deliver a championship for Philly. To LeBron, his wife, Savannah, and the James family: we are grateful you chose the 76ers, and look forward to this next chapter of your legendary career. Welcome to the 76ers!"
Nate Ulrich is the sports columnist of the Akron Beacon Journal and a sports features writer. Nate can be reached at [email protected]. On Twitter: @ByNateUlrich.
This article originally appeared on Akron Beacon Journal: LeBron James deal complete as Philadelphia 76ers celebrate signing
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The Sixers signed James to a two-year, $8 million contract on Sunday, July 26, ESPN first reported after James announced on Friday, July 24, he would join Philadelphia. The pact includes a player option for the 2027-28 season and and a 15% trade kicker.
As long as the 41-year-old James stays healthy enough to produce like he has for more than two decades, his deal with the Sixers will be among the greatest bargains in NBA history, if not all of professional sports.
LeBron James news: Former Cleveland Cavaliers GM Mike Gansey wins LeBron James sweepstakes with 76ers
Here's what the Philadelphia 76ers said about signing LeBron James
The 76ers announcing their victory in the James sweepstakes gave new Philly president of basketball operations Mike Gansey a chance to comment on the move. Gansey left his job as Cavaliers general manager in late May to take control of the Sixers' front office. A Northeast Ohio native, Gansey was a high school basketball star at Olmsted Falls while James played for St. Vincent-St. Mary. As a senior, Gansey finished runner-up to James, a sophomore at the time, in Ohio Mr. Basketball voting.
"There is no doubt LeBron is one of the greatest players to ever play the game of basketball, and there are no words to measure the impact he’ll have on this organization," Gansey said in a news release. "I have had the pleasure of knowing LeBron since high school and have seen the high-level impact he’s produced at every stop of his basketball journey.
"He is a consummate professional, the ultimate competitor, and a tireless worker. But he is also an incredible person with natural leadership traits, a family man, and someone who possesses unwavering commitment to community and those around him. We couldn’t be happier that he is officially here and are excited to welcome him, Savannah, and the James family into our 76ers family."
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Agent Rich Paul says Philadelphia 76ers, Cleveland Cavaliers, Miami Heat and Golden State Warriors were finalists in LeBron James sweepstakes
Agent Rich Paul confirmed July 24 on his "Game Over" podcast the 76ers, Cavs, Miami Heat and Golden State Warriors were the final four teams under consideration in the James derby.
"I think that every one [of the top suitors] was at some point leading the race," Paul said.
Paul also said James didn't finalize his decision until roughly "1 in the morning" on July 24.
Cavs news: Cavaliers roster and depth chart breakdown after LeBron James picked the 76ers
a city fit for a king.
welcome to Philly, @KingJames@bankofamericapic.twitter.com/CrOuArwc45
— Philadelphia 76ers (@sixers) July 27, 2026
When the dust settled, the Sixers were the last team standing in the competition for James.
In a series of tweets on July 24, James explained his choice boiled down to believing "I can help make the Philadelphia 76ers a championship team." He also stated he prioritized "a chance at the feeling of winning another championship" over money or logistics involving family.
"I am thrilled to welcome LeBron James to the Philadelphia 76ers," Sixers managing partner Josh Harris said in the release. "[James is] one of the greatest players in NBA history and one of the best athletes ever. His accomplishments are iconic: four-time NBA Champion, four-time NBA MVP, four-time Finals MVP, three-time Olympic Gold medalist, the NBA’s all-time leading scorer, a record 22 All-Star selections, and 21 All-NBA selections.
"I cannot wait to see LeBron alongside Jaylen Brown, VJ Edgecombe, Joel Embiid, Tyrese Maxey, and our talented roster as we work to deliver a championship for Philly. To LeBron, his wife, Savannah, and the James family: we are grateful you chose the 76ers, and look forward to this next chapter of your legendary career. Welcome to the 76ers!"
Nate Ulrich is the sports columnist of the Akron Beacon Journal and a sports features writer. Nate can be reached at [email protected]. On Twitter: @ByNateUlrich.
This article originally appeared on Akron Beacon Journal: LeBron James deal complete as Philadelphia 76ers celebrate signing
Continue reading...