LeBron James to Opt Out of Lakers Contract: Contract Restructuring and Potential No-Trade Clause Considered

LeBron James is expected to leave his current contract with the Los Angeles Lakers by opting out, making him a free agent. However, most believe he won’t actually leave the Lakers.

The potential opt-out is speculated to be more about restructuring his contract rather than seeking a new team. ESPN’s Brian Windhorst mentioned that James might be aiming to add a no-trade clause to his new contract, a condition that cannot be included through contract extensions but only in new deals. Historically, only 10 players in the NBA have secured no-trade clauses in their contracts.

If James opts out, he is projected to sign a three-year, $162 million deal with the Lakers. Although opting out would mean James forfeits about $2.3 million compared to extending his player option, the addition of a no-trade clause could make the financial sacrifice worthwhile for him. The NBA’s over-38 rule limits him to a maximum three-year contract.

The Lakers are reportedly open to offering James any contract structure he desires. However, if James decides to explore other options this offseason, the Philadelphia 76ers have been mentioned as a potential destination. The Sixers could have sufficient salary cap space to acquire James, pairing him with Joel Embiid and rising star Tyrese Maxey.

In related news, the Lakers have agreed to terms with JJ Redick as their next head coach. Redick, who co-hosts the “Mind the Game” podcast with James, has signed a four-year contract with the team.