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Reading: LeBron James Opts Out Of Contract To Become Free Agent; Lakers Return Likely
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Home > NBA News & Analysis > LeBron James Opts Out Of Contract To Become Free Agent; Lakers Return Likely

LeBron James Opts Out Of Contract To Become Free Agent; Lakers Return Likely

LeBron James strategically opts out to pursue a new contract with the Lakers, enhancing his control over his NBA future amidst key organizational changes.

Vishwesha Kumar
Jun 29, 2024
6 Min Read
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Credit: Fadeaway World

LeBron James, the four-time NBA champion and perennial All-Star, has decided to opt out of the final year of his contract worth $51.4 million with the Los Angeles Lakers, according to reports.

While this move allows James to explore free agency, the expectation is that he will sign a new deal with the Lakers. This decision follows a series of strategic moves by the Lakers, including the selection of his son, Bronny James, with the No. 55 overall pick in the NBA Draft, and the hiring of his podcast co-host, JJ Redick, as their head coach.

James is eligible for a new three-year deal worth a projected $160 million, which would include a no-trade clause, an element he could not have included in a mere contract extension. 

By opting out and signing a new contract, James secures both financial and strategic advantages, ensuring that any future trade would require his approval. This move provides James with greater control over his career trajectory as he continues to play at an elite level.

Since joining the Lakers in 2018, James has been a cornerstone of the franchise, leading them to an NBA championship in 2020. If he signs the anticipated three-year deal, his tenure with the Lakers could extend to nine seasons, surpassing his initial seven-year stint with the Cleveland Cavaliers.

Despite turning 40 next season, James continues to defy age, maintaining impressive averages of 25.7 points, 7.3 rebounds, and 8.3 assists per game last season.

The Lakers, under General Manager Rob Pelinka, have emphasized the importance of balancing immediate success with long-term development. This approach is evident in their recent draft picks and the potential for further roster upgrades. The Lakers need to address their weaknesses and build a team capable of contending for a championship, particularly given their early playoff exit last season at the hands of the Denver Nuggets.

James’ decision to opt-out is a calculated move, allowing him to leverage his position and ensure that the Lakers remain committed to building a competitive roster around him. The Lakers’ management is likely prepared for this development and is expected to make the necessary adjustments to retain their star player and enhance the team’s championship prospects.

While LeBron James’ opt-out may initially appear to introduce uncertainty, all signs point to his continued presence with the Lakers. This strategic move aims to secure his legacy and position the team for future success, reinforcing the mutual commitment between James and the Lakers organization.


The Lakers Have To Give LeBron James A Chance By Building A Strong Roster

The Lakers must seize the opportunity to give LeBron James a legitimate chance to win another title before he concludes his illustrious career. With reports suggesting that LeBron will likely sign a three-year extension, this would extend his career to an unprecedented 24 seasons in the NBA.

LeBron has achieved an extraordinary amount in his career, but his drive for another championship remains undiminished. Remarkably, even in his 21st year, LeBron is still considered a top 10 talent in the league, a feat unparalleled in NBA history. The four-time champion, four-time MVP, and 20-time All-Star is now playing alongside his son, Bronny James, fulfilling a long-held dream. The possibility of winning a championship with his son only heightens his motivation.

To honor LeBron’s legacy and maximize this unique opportunity, the Lakers need to build a robust roster around him and Anthony Davis. This means making strategic moves in the offseason to bring in key players who can complement their play styles and elevate the team’s overall performance.

The Lakers’ management must be willing to make the necessary financial commitments, even if it means paying the luxury tax due to surpassing the second apron. They are already over the first luxury tax threshold, indicating a willingness to invest in a championship-caliber team.

The Lakers need to be aggressive in free agency and potential trades to acquire seasoned veterans and young talents who can contribute immediately. Role players who can provide consistent scoring, defensive prowess, and depth are crucial to the team’s success.

LeBron’s window for winning another championship is narrowing, but his performance and leadership continue to inspire. The Lakers must capitalize on this by assembling a team that can compete at the highest level. 

With LeBron’s experience and determination, combined with a well-rounded and capable supporting cast, the Lakers can make a serious run at another title. It is not just about honoring LeBron’s legacy; it is about giving a legendary player the tools he needs to achieve greatness once more. The time for the Lakers to act is now, ensuring that LeBron has every chance to add another championship to his storied career.

Thank you for being a valued reader of Fadeaway World. If you liked this article, please consider following us on Google News. We really appreciate your support.

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Thank you for being a valued reader of Fadeaway World. If you liked this article, please consider following us on Google News. We appreciate your support.

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ByVishwesha Kumar
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Vishwesha Kumar is a staff writer for Fadeaway World from Bengaluru, India. Graduating with a Bachelor of Technology from PES University in 2020, Vishwesha leverages his analytical skills to enhance his sports journalism, particularly in basketball. His experience includes writing over 3000 articles across respected publications such as Essentially Sports and Sportskeeda, which have established him as a prolific figure in the sports writing community.Vishwesha’s love for basketball was ignited by watching LeBron James, inspiring him to delve deeply into the nuances of the game. This personal passion translates into his writing, allowing him to connect with readers through relatable narratives and insightful analyses. He holds a unique and controversial opinion that Russell Westbrook is often underrated rather than overrated. Despite Westbrook's flaws, Vishwesha believes that his triple-double achievements and relentless athleticism are often downplayed, making him one of the most unique and electrifying players in NBA history, even if his style of play can sometimes be polarizing. 
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