The elder James currently has a $52.6 million player option for next season. While many have expected him to play out that option, insider Anthony Irwin reported that there is a real chance the 40-year-old turns it down and instead signs a new two-year deal.

LeBron James said last month he would be discussing his NBA future with his family. On Saturday, he fueled retirement rumors with a social media post.

The Los Angeles Lakers have been expecting to have superstar forward LeBron James back on the team for the 2025-26 NBA season. However, there have been some rumblings about him considering retirement.