Published: Mon, July 02, 2018
Sport | By Patty Hardy

LeBron James signs $154 million, 4-year contract with Los Angeles Lakers

LeBron James signs $154 million, 4-year contract with Los Angeles Lakers

LeBron James has finally settled on his new destination, signing a four-year, United States $154 million (AUD $208 million) deal with the Los Angeles Lakers.

James's decision came on the first day of free agency, just 20 hours after the market officially opened.

Fans and brokers who believed James would return to Cleveland - and locked in on their floor seats and center court seats that the Cavaliers made them agree to pay for the next three seasons - immediately saw their investment plummet.

The 33-year-old James leaves his hometown Cleveland Cavaliers for the second time as a free agent after opting out of his deal on Friday. George ended up re-signing with the Oklahoma City Thunder for three years, plus a player option for the fourth year.

Los Angeles will also provide James with a larger platform for his business interests and social activism.

Now that free agency has started, keep checking back to see where the top players have signed. But going to LA on Saturday doesn't necessarily provide any hint about his team for next season, since James has homes in Southern California.

James is a four-time NBA MVP and two-time Olympic gold medalist.

And he also snubbed what could have been the most money and longest deal available, the Cavaliers being able to extend James a five-year contract worth $209 million. It puts a little more pressure on make the moves LeBron wants. Kevin Love, who averaged 17.6 points and 9.3 rebounds per game last season, and rookie point guard Collin Sexton - a masterful scorer in the pick-and-roll and transition -averaged 19.2 points per game as a freshman at the University of Alabama.

Cleveland has a couple of other veterans from last year's team set to be free agents - Jeff Green and Jose Calderon - but neither is considered a "first-pass" guy and should be still on the market after the Cavs have figured out James' plans.

Embiid posted a message on Twitter that seemed to be directed at No. 23 and what it might be like to walk in the footsteps of Lakers legends like Johnson, Kobe Bryant, Kareem Abdul-Jabbar, Wilt Chamberlain, Jerry West and Shaquille O'Neal.

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