LeBron James is set to hit free agency once again.
Having been a free agent three times in his career, James has made some notable moves, including “The Decision” in 2010 when he left the Cavaliers for the Heat. He then returned to Cleveland in 2014 after winning championships in Miami. In 2018, he joined the Lakers after bringing a title to Cleveland.
Considered by many as the greatest basketball player ever, James will soon opt out of his contract with the Lakers, making him available to all 30 teams. Despite turning 40 in December, he remains highly marketable and continues to perform at a high level.
Where will the four-time MVP go in free agency? Here’s everything you need to know.
MORE: 4 reasons why father-son duo can work with the Lakers
LeBron James Free Agency Update
James Opts Out of Lakers Deal
According to The Athletic’s Shams Charania, James will decline his $51.4 million player option with the Lakers, with expectations of signing a new, long-term deal with the team.
He will have the opportunity to negotiate with other teams after 6 p.m. ET on Sunday.
Will James Take a Paycut?
- Date: June 28
- Source: Brian Windhorst, ESPN
There’s speculation that James might opt out and consider taking a paycut for the first time in his career, potentially creating more flexibility for the Lakers in free agency.
Windhorst suggested that if D’Angelo Russell opts out and James agrees to a reduced salary, it could benefit the Lakers in building a stronger roster.
Lakers Draft Bronny James
The Lakers selected Bronny James with the No. 55 overall pick in the NBA Draft, further fueling expectations of LeBron’s return to the team.
While no official confirmation has been made, the selection of Bronny aligns with LeBron’s desire to play alongside his son.
Lakers Committed to Re-Signing James
Reports indicate that the Lakers are dedicated to re-signing James, with a potential three-year deal worth over $160 million on the table.
Should James extend his contract, he could play until the age of 42, joining a select group of NBA players who have competed at that age.
James Expected to Opt-Out, Re-Sign with Lakers
Despite speculation, it is anticipated that James will opt out of his contract with the Lakers but is likely to re-sign with the team. This move would give him more control over his future and potential trade scenarios.