LeBron James Opts Out, Likely to Re-Sign

LeBron James has opted out of the final year of his $51.4 million contract with the Los Angeles Lakers, making him an unrestricted free agent. Despite this, he is widely expected to re-sign with the Lakers, likely on a new three-year deal worth up to $162 million. The move comes after the Lakers drafted his son, Bronny James, creating the potential for the NBA's first father-son duo. The Lakers also recently hired JJ Redick, James' podcast partner, as head coach. LeBron's decision to opt out could provide the Lakers with additional financial flexibility to improve the roster. James averaged 25.7 points, 8.3 assists, and 7.3 rebounds last season, and is poised to continue his career with the Lakers.