"LeBron James, four time NBA MVP, three time NBA finals MVP, fourteen time NBA All Star, and two time Olympic gold medalist has agreed to a four year, $154 million contract with the Los Angeles Lakers", Klutch announced.
The 33-year-old, whose teams have represented the Eastern Conference in the National Basketball Association final for the past eight seasons, has agreed to a four-year, $154-million contract (all figure U.S.) with the storied Lakers franchise.
Entering his 16th National Basketball Association season, James had been with the Cavs for 11 of them with a four-year break at the Miami Heat in 2010-2014.
The Lakers are also continuing their pursuit of Kawhi Leonard to add another superstar to pair with James. It has been widely speculated for a year that James had his eye on Los Angeles, where he maintains an off-season residence and has myriad entertainment business ventures.
Hours before it was revealed James would play for the Lakers, rumors swirled he would be traded to the Philadelphia 76ers. The Sixers would then have to clear another $4.4 million from their roster to offer James a max deal.
All three of those players will have designs on a title next season.
Many have already wondered what the NBA Finals might look like without James taking on the Warriors every year.
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Bron: James agrees to 4-year contract with Lakers
Clint Capela and others with six years or less in the league can make a max salary of $25.25 million for the 2018-19 season. And James' decision to come aboard on a long-term deal gives them more leverage in trade negotiations right now.
The bonanza started Saturday night (US time) when Durant made a decision to sign a two-year, $US61.5 million deal with the two-time defending champion Golden State Warriors, one where he'll make $US30.5 million this season.
George's choice could sway James to sign a short-term deal with Cleveland, but the Lakers are determined to get their hands on the four-time MVP.
"Welcome to the family @KingJames #lakers4life #striveforgreatness", wrote Lakers legend Kobe Bryant on Twitter.
The team can pair James - and whoever else might be coming - with Brandon Ingram, Lonzo Ball and Kyle Kuzma. With his destination unclear, the Lakers would likely gravitate toward a more aggressive move to assemble a team that can take on the Golden State Warriors.
"James has slow-pedaled his last two free-agent decisions, but from the moment his private plane landed at Van Nuys Airport in L.A. on Saturday, he was proceeding with unusual urgency". Last season, James proved to be the most influential player for his side, finishing the regular season averaging 27.5 points per game, 9.1 assists and 8.6 rebounds while playing in all 82 matches.
James isn't planning any more comments and there won't be a welcoming press conference or celebration in Los Angeles, a person familiar with his plans said Sunday night on the condition of anonymity.