Los Angeles Lakers star LeBron James is exercising his $52.6 million player option for the 2025-26 season, Klutch Sports CEO Rich Paul told ESPN on Sunday. James, the NBA’s career leading scorer, wants to compete for a championship next season and potentially beyond and will be closely monitoring the Lakers’ moves and whether the team is positioning itself this offseason to field a title-contending roster.

“LeBron wants to compete for a championship,” Paul told ESPN. “He knows the Lakers are building for the future. He understands that, but he values a realistic chance of winning it all. We are very appreciative of the partnership that we’ve had for eight years with Jeanie [Buss] and Rob [Pelinka] and consider the Lakers as a critical part of his career.
“We understand the difficulty in winning now while preparing for the future. We do want to evaluate what’s best for LeBron at this stage in his life and career. He wants to make every season he has left count, and the Lakers understand that, are supportive and want what’s best for him.”