LeBron James earned nearly $53M with Lakers, so why take just $8M for his NBA run with Sixers?

LeBron James has signed a two-year, $8 million contract with the Philadelphia 76ers, a steep pay cut from the $52.6 million he earned with the Los Angeles Lakers last season. The move ends James’ eight-year run in Los Angeles and follows a lengthy free agency in which he also considered the Cavaliers, Heat and Warriors.
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