Overview
- LeBron James exercised his $52.6 million player option for the 2025-26 season, keeping him on an expiring contract with no extension offer from the Lakers.
- The organization confirmed it will not negotiate a new deal beyond next season, effectively setting James’ departure for spring 2026.
- Sources say James feels underappreciated after being left out of key decisions, including the sale of a majority stake to Mark Walter.
- He has drawn interest from teams including the Cavaliers, Knicks and Warriors despite not seeking a move.
- Agent Rich Paul affirmed James has not requested a trade, emphasizing his focus on competing for another championship.