LeBron James intends to sign a new contract with the Lakers

LeBron James intends to sign a new contract with the Lakers

Lebron James He will not opt ​​for what would have been a $51.4 million contract for next season and will instead seek a new deal with the Los Angeles Lakers, a person with knowledge of the decision said Saturday.

Terms of the new deal could be finalized quickly, said the person, who spoke to The Associated Press on condition of anonymity because neither James nor the Lakers have disclosed the decision publicly. ESPN, The Athletic and the Los Angeles Times reported the decision early Saturday.

The move is among those coming just before the NBA free agency period, which formally opens at 6 p.m. ET on Sunday, although contracts worth at least $1.2 billion have already been agreed upon due to new rules that allowed teams to talk to their own players about new deals, in many situations, starting the day after the NBA Finals.

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