LeBron James reportedly reached two-year agreement to remain with Lakers and team up with son

LeBron James supposedly has signed a two-year, $104 million deal to stay with the Lakers.

LeBron James has agreed to a two-year, $104 million contract to stay with the Los Angeles Lakers, a source confirmed to USA TODAY Sports. The deal, which includes a player option for the second season and a no-trade clause, comes after the Lakers selected his son, Bronny James, with the No. 55 pick in the NBA draft.

James, who earned All-NBA honors for the 20th time in the 2023-24 season, returns for his 22nd season after averaging 25.7 points, 8.3 assists, and 7.3 rebounds, while shooting 54% from the field and 41% from three-point range. He will turn 40 on December 30.

A source, who requested anonymity because they were not authorized to speak publicly until the deal is official, confirmed the contract details. By opting out of his previous contract and re-signing with the Lakers, James secured a no-trade clause, reducing speculation about potential trades.

In February, during All-Star Weekend, James told USA TODAY, "I am a Laker, and I am happy and been very happy being a Laker the last six years, and hopefully it stays that way. But I don't have the answer to how long it is or which uniform I'll be in. Hopefully it is with the Lakers. It's a great organization and so many greats. But we'll see. I don't know how it's going to end (his NBA playing career), but it's coming. It's coming, for sure."

The Lakers finished last season with a 47-35 record but were eliminated in the first round of the Western Conference playoffs by the Denver Nuggets. The team subsequently fired coach Darvin Ham and hired JJ Redick, who left ESPN/ABC for the coaching position.

This agreement marks the first time a father-son duo will play in the NBA simultaneously, as LeBron and Bronny James team up for the upcoming season.