Overview
- LeBron James exercised his $52.6 million player option for the 2025-26 season without opening extension discussions
- The Lakers have had no trade conversations about James and he has not requested a buyout, according to The Athletic
- Agent Rich Paul has reiterated that James’s top goal is capturing a fifth NBA championship
- Speculative trade scenarios have emerged, including a Heat reunion package and a defensive backcourt swap for Jrue Holiday and Matisse Thybulle
- Teams such as the Cavaliers, Mavericks and Knicks are monitoring James’s status as insiders also float a pre-retirement farewell tour