A chance exists that LeBron James opts out of his contract with the Los Angeles Lakers. Several factors could shape his decision. The 40-year-old star is on a two-year, $104 million contract that includes a player option for the 2025-26 season and those close to the four-time NBA champion are unsure of his plans.

Los Angeles Lakers star LeBron James will have a big and expensive decision to make this offseason after a first-round playoff exit.

Here's what LeBron will probably do with his next contract, plus the downstream effects it will have on free agency and trades.