LeBron James took a massive pay cut. He still makes bank.

LeBron James has signed a two-year contract that will pay him $3.9 million next season. This amount is lower than his rookie salary, which was approximately $4 million. This agreement represents the largest pay cut in NBA history, although James continues to earn significant income. The deal ensures his continued presence in the league while establishing a historic financial precedent regarding salary reductions for veteran players within the professional basketball association's current economic structure.