LeBron James will return to the Los Angeles Lakers next season after agreeing a new two-year $104 million deal with the club, multiple US reports said Wednesday.
James, who will turn 40 in December, opted out of his existing deal with the club last week in a move analysts said would free up more money to recruit new players.
The NBA superstar had been widely expected to re-sign with the Lakers particularly after the team drafted his eldest son, Bronny James, last week.
James has long spoken of his desire to play in the NBA alongside his son.
ESPN and The Athletic said James new deal included a no-trade clause, meaning he cannot be traded to another club without his consent.
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