A chance exists that LeBron James opts out of his contract with the Los Angeles Lakers. Several factors could shape his decision. The 40-year-old star is on a two-year, $104 million contract that includes a player option for the 2025-26 season and those close to the four-time NBA champion are unsure of his plans.

As the Los Angeles Lakers enter the upcoming offseason, the biggest question around the team is what the future holds for star forward LeBron James. James can become a free agent this summer, holding a $52 million player option on his current contract.

James can decline his 2025-26 player option and become an unrestricted free agent this offseason. If The King doesn't retire, no one expects the leading scorer of all time to leave the Lakers since his son, Bronny James, and 26-year-old Luka Doncic are on the team.