LeBron James Inks A $154M Deal With The Los Angeles Lakers

LeBron James

After much deliberation and anticipation, LeBron James spurned the Cleveland Cavaliers and signed with the Los Angeles Lakers in a move that was widely expected.

By moving West for the first time in his career, James will face a stiffer competition night in, night out, with Steph Curry's Warriors, James' Rockets and a whole lot of stacked teams crowding the playoff race.

However, he had endured frustration with the Cleveland Cavaliers, culminating in last month's clean sweep defeat to the Golden State Warriors in the NBA Finals. That said, an announcement on Tuesday, which is July 3, goes along with ESPN's Brian Windhorst recently saying that James' decision would come before the July 4 holiday.

Fast forward a few hours and Los Angeles has chose to bring another veteran on board on a one-year deal, and oh boy, is this one a doozy.

The move could spark a stronger rivalry between California's two NBA basketball teams - the James-led Cavaliers lost the NBA finals past year to the Golden State Warriors.

While the Golden State Warriors, winners of three of the last four National Basketball Association titles, remain the favourites at minus-110 - meaning that a gambler would have to wager $110 to win $100 - the Lakers and the Boston Celtics are next at 7/2, followed by the Rockets at 7/1.

James thanked his home area in an Instagram story.

But if the Lakers decide they want to part ways with some of their up-and-comers to get another high-profile name - Kawhi Leonard's has been brought up incessantly - it makes more sense for James, who always wants to be in the championship mix.

But money and years of security were less a concern than being able to play for a title contender.

Perennial news-breaker Adrian Wojnarowski of ESPN broke the news a short time ago, citing a press release seemingly issued by Klutch Sports, the athlete agency that represents LeBron.

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