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LeBron James signs with Lakers

02 July, 2018, 14:15 | Author: Candice Daniels
  • Cleveland clothing brand makes funny Le Bron free agency t-shirts			David Kyle  NBAE via Getty Images

"LeBron James, four time NBA MVP, three-time NBA finals MVP, 14-time NBA All-Star, and two-time Olympic gold medallist, has agreed to a four-year $154 million contract with he Los Angeles Lakers", Klutch Sports Group said in a statement.

James did not pick up his option Friday with the Cleveland Cavaliers, the team he led to its fourth straight National Basketball Association finals this year, only to be swept by the Golden State Warriors in four games. He also won a championship in Cleveland. But the Lakers still have plenty of cap space after signing James, and could still add more talent.

The next-biggest free agent prize will now be DeMarcus Cousins, who has already heard from the Lakers along with the New Orleans Pelicans since free agency began at the stroke of midnight on Sunday.

This time, Cavaliers owner Dan Gilbert showed nothing but grace and gratitude after LeBron James left him for another team. He then signed a three-year, $27 million deal with the Charlotte Hornets, which started his tour around the league.

And it leaves the Cavs picking up the pieces of a James exit for the second time in eight years. Before returning to the Cavs, James had played four seasons with Miami Heat.

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The city of Akron, Ohio, official Twitter account posted a thank-you to James that included a photo of him holding the Larry O'Brien trophy at a rally in the city surrounded by Cavaliers fans.

Durant will be paid about $30.5 million this coming season, about $5 million less than he could have commanded if the deal was structured differently.

Hours after the announcement, the Cavaliers issued a statement from chairman Dan Gilbert, thanking James for leading the team to the National Basketball Association championship in 2016, calling it a title that "united generations of Clevelanders, both living and passed". One of general manager Koby Altman's most critical tasks will be deciding whether to retain or trade Kevin Love, who will make nearly $50 million the next two seasons.

He will be entering his 16th season in the league. "This will always be home". James helped seal a Game 7 win with a chase-down block of Andre Iguodala, the signature moment of a career that has shown no signs of decay.

James spent the week vacationing in Anguilla, and hopped aboard a private Gulfstream jet in the morning to fly to the Los Angeles area.

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