Asked during an appearance on The Pat McAfee Show on Tuesday about LeBron James‘ future, ESPN’s Shams Charania said the Lakers star appears likely to exercise his $52.6MM player option for the 2025/26 season (YouTube link).
“I’m told he’s likely to opt in. … That’s likely, that’s the plan,” Charania said. “But his option date is June 29, so he still has about a month to figure it out. There’s going to be some hard conversations that are going to happen between him (and) the Lakers, seeing what this team looks like. Because whether he plays one more season or a few more seasons, he wants to be in a competitive environment.
“… He’s probably going to opt in because the option is so big. And then that gives you flexibility to figure out, do you extend off that number or…if this is the last hurrah, essentially.”
When the Lakers’ season came to an end a few weeks ago, James expressed uncertainty about his NBA future and didn’t confirm that he’d return to Los Angeles in 2025/26 or even continue his playing career at all.
However, it has always seemed highly unlikely that James would announce his retirement this summer, and there has been no indication in recent years that he has any interest in leaving L.A., despite some up-and-down seasons during his time with the Lakers. With Luka Doncic now in the picture, there’s a newfound reason for optimism for the franchise, seemingly reducing the odds of a LeBron exit.
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Given that context, Charania’s report makes sense, though it’s worth noting that if he opts in, James would be earning less than his maximum salary (projected to be $54.1MM) and wouldn’t have the ability to sign an extension before that contract expires next summer. So even if he wants to just commit for one more season with the Lakers and then leave his options open in 2026, he could still end up turning down his player option in order to sign a new one-year contract.
Assuming James returns for the ’25/26 season, it would be his 23rd year in the NBA, which would be a new league record. LeBron’s 22 seasons in the NBA puts him in a tie with Vince Carter for the current mark.