The Los Angeles Lakers and free agent forward LeBron James have reportedly agreed to a two-year, $104 million maximum deal, sources with knowledge of the situation confirmed to ESPN's Adrian Wojnarowski on Wednesday (July 3).
"Free agent LeBron James has agreed to a two-year, $104 million maximum deal to return to the Los Angeles Lakers, sources tell ESPN. Deal includes player option and no trade clause," Wojnarowski wrote on his X account.
The reported deal comes days after James opted out of the final year of his previous contract, as well as the team's selection of his son, Bronny, in the second-round of the 2024 NBA Draft.
James signed with Los Angeles in 2018 and led the franchise to its 17th NBA championship -- second to the reigning NBA champion Boston Celtics for the most in league history -- in 2020. The Lakers have, however, missed the playoffs twice during James' tenure and been eliminated twice in the first round.
James, the NBA's all-time leading scorer, had publicly expressed interest in playing with his son, Bronny, prior to the team selecting him at No. 55 overall in the 2024 NBA Draft last week. LeBron and Bronny would become the first father-son duo to play in the NBA at the same time.