LeBron James joining Los Angeles Lakers on 4-year, $154 million deal

Arnold Nichols
July 2, 2018

James has agreed to a 4-year, $154 million deal with the Los Angeles Lakers, Klutch Sports Group announced on Sunday, ending weeks, if not months, of speculation as to where he would take his talents this time around.

Jeff Sherman, the Westgate Las Vegas SuperBook Manager, released updated odds for next year's NBA Championship. But having James committed for the foreseeable future gives the Lakers reason to play the long game. The Cavaliers' odds have fallen to 500/1. The Lakers measure success by how many banners they lift to the rafters, and James will look to join the likes of Magic Johnson, Shaquille O'Neal and Kobe Bryant in Laker lore.

James, who has a home and production company in Los Angeles, joins a team with plenty of money to spend under the National Basketball Association salary cap and a desire to rebuild into a championship team after years of struggles.

Paul, who represents several other players entering into free agency - Kentavious Caldwell-Pope and Nerlens Noel among them - will conduct all his business over the phone when free agency begins, sources told ESPN.

The superstar opted out of his contract with the Cleveland Cavaliers on Friday, and flew to Los Angeles on Saturday, where he owns a home.

Cleveland is already over the league's projected $101 million salary cap, even without James' contract, with the 10 guaranteed contracts already on the books.

James made four straight Finals with the Cavaliers, winning a championship over the Warriors in 2016.

In the meantime, the free agency watch for LeBron James continues on social media (and pretty much everywhere else). It's the second time James has left Cleveland, although this time was a bit more expected. In the previous two Finals, James and the Cavs lost in five games and four games, respectively.

If they add Kawhi Leonard and another free agent this team has the capability of knocking off the Golden State Warriors and ultimately be the favorite in the West. LeBron isn't slowing down yet and this isn't his last decision.

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