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For the past several years, it’s appeared as though LeBron James was prepared to end his career in Los Angeles. However, the 40-year-old’s decision Sunday has raised speculation about his future.
James opted in to his $52.6 million player option for next season. While this may seem like a sign of the four-time MVP’s commitment to the Lakers, it’s potentially the opposite.
By opting in, James will become an unrestricted free agent next offseason. Since joining the Lakers on a four-year deal in 2018, James has never been a free agent, instead signing three separate two-year extensions.
Rich Paul, James’s agent, told ESPN that James “wants to compete for a championship” and recognizes that the Lakers are “building for the future.”
For more on where James could go if he were to ask out, you can read our full story here.
Nuggets, Rockets Make Aggressive Moves to Challenge Thunder
The Thunder have been champions for just over a week, but two of their stiffest competitors in the Western Conference opened the offseason with moves that could bridge the gap.
Within the first few hours of the start of NBA free agency Monday, the Rockets signed forward Dorian Finney-Smith (four years, $53 million) and center Clint Capela (three years, $21 million). Houston, which also extended Jabari Smith Jr. to a five-year, $122 million deal, finished with the No. 2 seed last season, behind only Oklahoma City in the West.
The three deals fall on top of their trade for Kevin Durant, which was reported hours before Game 7 of the NBA Finals (though the deal will be finalized next week).
Meanwhile, the Nuggets acquired Cam Johnson from the Nets in exchange for Michael Porter Jr. and a 2032 unprotected first-round pick. Denver was able to cut about $35 million from its payroll over the next two seasons, as Johnson has two years, $44.1 million remaining on his deal while Porter has two years, $79.1 million.
Denver, which took the Thunder to seven games in the conference semifinals in May, also signed Bruce Brown Jr., a key piece of its 2023 title team, to a one-year deal for the veteran minimum.
The moves are the first for the team’s new front office, led by VP of basketball operations Ben Tenzer and VP of player personnel John Wallace. The Nuggets fired GM Calvin Booth and head coach Michael Malone in April with three games remaining in the season.
Special Extension
The largest contract handed out on Monday night went to Grizzlies All-Star Jaren Jackson Jr. Memphis signed Jackson to a five-year, $240 million contract that had a special wrinkle.
Jackson still had one more year on his deal, and instead of adding four years on top, the Grizzlies renegotiated his deal to give him additional salary next season while adding four more years to the deal. Jackson would not have re-signed without the immediate raise, as extensions are capped to a 20% increase on a player’s current salary.
The 25-year-old’s salary for next season jumps from $23.4 million to $33 million in the deal, while the remaining four years will total nearly $207 million. The contract runs until the 2029–30 season.
For more on Monday night’s biggest moves, including Atlanta’s fascinating offseason, read our full story here.
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