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LeBron James will leave the Lakers and hit the free agent market

<i>Gary A. Vasquez/Imagn Images/Reuters via CNN Newsource</i><br/>LeBron James is shown during the second half of a second-round NBA playoff game in May.
<i>Gary A. Vasquez/Imagn Images/Reuters via CNN Newsource</i><br/>LeBron James is shown during the second half of a second-round NBA playoff game in May.

By Kyle Feldscher, CNN

(CNN) — LeBron James will be moving on from the Los Angeles Lakers this offseason, his agent confirmed on Tuesday.

ESPN’s Shams Charania was first to report that James told the Lakers that he would be leaving the team and entering free agency, quoting his agent Rich Paul. Other NBA insiders echoed that news.

A representative from James’ representation, Klutch Sports Group, confirmed the news in an email to CNN Sports and declined to comment further than Paul’s remarks to ESPN.

In a post on X, the Lakers thanked James for his tenure with the organization.

“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,” the statement read. “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.”

The 41-year-old James said after the Lakers’ elimination this spring that he didn’t know what the future would bring. Charania’s report stated that James would not be retiring and would be looking to play for a new team next season.

The rumor mill will kick into high gear about where James’ next destination could be. He’s long been rumored to return to Cleveland for one more run with the team that drafted him and with which he won a title in 2016. However, a number of other teams will have the requisite cap space to sign him, including the Golden State Warriors.

The reports indicate he has not yet decided on a team. Negotiations between players and teams can begin at 6 p.m. ET on Tuesday and players can officially sign with teams beginning at 12:01 a.m. ET on Monday though news of agreements could be reported before then.

James will be entering his 24th NBA season, extending his NBA record. In addition to the Cavaliers and Lakers, James also spent four seasons with the Miami Heat.

He’ll leave the Lakers after eight years of mostly mixed results. His tenure began with an NBA championship in his second year in Hollywood, winning the title in the Covid-19-induced bubble. Since then, he’s broken multiple NBA records in the purple and gold, including becoming the NBA’s all-time leading scorer.

He was never able to bring the Lakers back to that championship level after that 2020 season, even after the team added Luka Dončić in a blockbuster trade in 2025. The Lakers were swept in the second round this season by the Oklahoma City Thunder.

This story has been updated with additional reporting.

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