LeBron James Opts for 23rd NBA Season with Lakers, Signs $52.6 Million Option

NEW YORK, NEW YORK – LeBron James has officially opted into his $52.6 million player option for the 2025-26 season, marking his 23rd year in the NBA, a source confirmed on Sunday. This decision cements his status as the first player in NBA history to reach this milestone.

James’ decision comes after returning to on-court workouts following a knee injury he sustained during the Lakers’ playoff run last season. He expressed confidence in being ready for training camp.

At 41 years old, James aims to leave a lasting impact in his final years, particularly with the addition of superstar Luka Dončić, who was traded to the Lakers earlier this year. Despite the Lakers’ disappointing playoff exit in the first round against the Minnesota Timberwolves, the team holds optimism for the upcoming season.

Rich Paul, James’ agent, acknowledged the Lakers’ focus on building a competitive future while ensuring that James can compete for another championship. “LeBron knows the Lakers are building for the future, and he also wants to compete for championships,” Paul told The Athletic.

James’ future with the Lakers is under speculation, especially with the upcoming potential contract extensions for Dončić and other key players. The Lakers are expected to prioritize maintaining flexibility within their roster to accommodate these future contracts.

As part of the team’s strategy, the Lakers continue to explore options for improving their roster while supporting James’ final chapter in Los Angeles. Lakers president Rob Pelinka hinted at a busy offseason and emphasized that the team will explore every resource available to enhance their chances of success.

James remains driven not only by his legacy but also by the opportunity to play alongside Dončić, with whom he can potentially establish one of the league’s most formidable duos. As James gears up for another season, fans are eager to see how this partnership unfolds on the court.