Breaking News: LeBron James leaving Lakers, returning for 2026-27 season

LeBron James has announced that he plans to return for his 24th NBA season, but it won’t be with the Los Angeles Lakers as he plans to test free agency, Klutch Sports CEO Rich Paul told ESPN’s Shams Charania on Tuesday.

“LeBron James is one of the greatest athletes in history. We will always be thankful for his eight years with the Lakers — including the title he led us to in 2020 under the toughest imaginable circumstances and the countless records he broke in purple and gold,” Lakers governor Jeanie Buss said in a statement Tuesday. “We wish him all the best in the future, both on the court and off. He will always be a cherished part of the Lakers family.”

James responded to the Lakers’ statement on X, thanking the organization for his memorable time in Los Angeles.

He has reportedly instructed his agent, Rich Paul, to speak with all teams across the league, and that he is open to hearing offers. It’s still unclear whether James, who will turn 42 in December, will be playing the final season of his storied NBA career.

Although James won’t be returning for a ninth season with the Lakers, the franchise now has about $52 million in salary cap space and will be looking not only to replace James but also to add players on the wing and at center.

While much is still unclear surrounding James’ decision and his future, the four-time MVP appears to be entering the final chapter of his historic Hall of Fame career.

Despite his age, James continued to perform at an elite level last season and still offers teams an outstanding all-around player. He earned another All-Star selection while averaging 20.9 points, 7.2 assists and 6.1 rebounds per game, shooting 51.5% from the field.

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