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But the Lakers still have plenty of cap space after signing James, and could still add more talent.

The Chicago Bulls no longer have to get past LeBron James in the Eastern Conference (that is, when they are competitive again) as he has chosen to sign with the Los Angeles Lakers.

The three-time National Basketball Association champion was selected by the Cavaliers in 2003 as the first pick in the National Basketball Association draft and established himself as one of the league's best players.

LeBron James has called time on his stay with the Cleveland Cavaliers, penning a four-year, $154million (Sh15.4 billion) deal with the Los Angeles Lakers.

LeBron James during Game Four of the 2018 NBA Finals at Quicken Loans Arena on June 8, 2018 in Cleveland.

The sunny climes of California also hold much allure for James' high school sweetheart, business owner and interior designer Brinson, who according to one Bleacher Report story, has voiced her desire to live in L.A. full-time. Yeah, that's right, James agreed to a deal with a team based in Los Angeles before jetting off on a couple's vacation to Europe.

The Lakers are reportedly bringing back Kentavious Caldwell-Pope back on a one-year deal for $12 million.

Now the Lakers are the odds on favorite to sign James this summer.

"The Lakers are FOREVER gonna be Kobe's and Magic's team...."

"I am sure the Lakernation is rejoicing".

That mission was accomplished when the Cavaliers won the 2016 crown with James in the starring role as Cleveland celebrated a sports champion for the first time in 52 years. He thanked Cavaliers fans in an Instagram post, saying the city will always be his home.

James doesn't make the Lakers a real threat to dethrone the Golden State Warriors if he's the only superstar on the team.

The 33-year-old has left his hometown team for the second time in his career having previously departed in 2010 to join the Miami Heat.

James informed the Cavaliers on Friday that he would not exercise his $35.6 million contract option.

And in that instant, James made the Lakers - who finished 35-47 last season - an National Basketball Association title contender.

Better known for his unpredictable personality than his on-court production, McGee averaged 4.8 points and 2.6 rebounds in 65 appearances for the Warriors last season.

It's no secret that Leonard wants to play for the Lakers.