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LeBron James Opts Into $52.6M Lakers Option for Record 23rd Season

Exercising his option gives him full control over his final contract year to pursue a fifth championship.

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LeBron James #23 of the Los Angeles Lakers looks on against the Minnesota Timberwolves prior to the start of the first quarter of Game Four of the First Round of the 2025 NBA Playoffs at Target Center on April 27, 2025 in Minneapolis, Minnesota. The Timberwolves defeated the Lakers 116-113 to take a 3-1 series lead.
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Los Angeles Lakers forward LeBron James is set to play his 23rd NBA season

Overview

  • James exercised his $52.6 million player option on June 29, ensuring he remains with the Lakers for the 2025-26 season.
  • The move secures his place in an unprecedented 23rd NBA campaign, making him the first player to reach that milestone.
  • His contract includes a no-trade clause, preserving his authority over any future team decisions.
  • James plans to monitor the Lakers’ offseason roster upgrades to confirm the franchise is positioned for a legitimate title run.
  • At age 40, he is still undecided on retirement despite returning to on-court activities after an MCL sprain.