After nearly a month of mulling his options, LeBron James announced in a social media post that he will sign with the Philadelphia 76ers. James, a small forward, will join guards Tyrese Maxey and V.J. Edgecombe, forward Jaylen Brown and center Joel Embiid in a star-studded 76ers lineup.This was the fourth foray into free agency for James, 41, who will begin his unprecedented 24th NBA season in October. He played the previous eight seasons with the Lakers, his longest continuous stint with any franchise.Contract terms were not immediately disclosed, although it has been widely reported that James would accept the $3.9 million veterans minimum exception. James has been paid a record $584 million in career salary and his net worth is an estimated $1.4 billion thanks to endorsements and investments. The Akron, Ohio, native played his first seven seasons with the Cleveland Cavaliers after being the first overall draft pick in 2003 at age 18, spent four with the Miami Heat then returned to Cleveland for an additional four years before signing with the Lakers ahead of the 2018-2019 season. He has won four NBA championships, including one with the Lakers in 2020.James informed the Lakers on June 30 that he would be signing elsewhere. Since then several teams made pitches for his services, with the Golden State Warriors, Miami Heat, Cleveland Cavaliers and Minnesota Timberwolves considered favorites.Not only fans of those teams were anxious to learn his decision. Last week NBA commissioner Adam Silver said the regular-season schedule had not been set because the league is waiting on James.“We have to finish up the schedule. And where LeBron plays will affect the schedule,” Silver said at the CNBC Sport x Boardroom Game Plan Summit in New York. “So I would like him to make his announcement already, so we can finish the schedule, because, as you might imagine, the teams are calling us, the networks are calling us, and everybody wants to lock in the schedule. But it will influence how we set the schedule, how we set opening week, Christmas Day, etc. So I need him to make a decision.”A day later, James stood on stage at Fanatics Fest in New York and said he wanted to join a team that “shares the same model as myself, and that’s like practicing championship [habits] every day, but trusting the process more than anything.” A false alarm became part of the narrative when the Heat posted a link July 21 to a scheduled live stream titled “LeBron James Introductory Press Conference” to its YouTube channel. A team spokesperson said it was a mistake, that the club’s social media department was preparing for the possibility of James’ signing. The post was deleted.James has announced his agreements with new teams in various ways. When he left the Cavaliers in 2010 to team with Dwyane Wade and Chris Bosh on the Heat, he announced his choice on a live television special called “The Decision,” saying “I’m taking my talents to South Beach.” On Friday morning, a thread on X relayed the big news. Fans in Cleveland burned his jersey, and Cavaliers owner Dan Gilbert posted a letter on the team website calling James’ decision a “cowardly betrayal.”Four years and two NBA championships with the Heat later, James returned to his home state of Ohio to play for the Cavaliers again in 2014. His first-person Sports Illustrated essay written with senior writer Lee Jenkins shared his “I’m Coming Home” choice with the world.“I always believed that I’d return to Cleveland and finish my career there,” James wrote. “I just didn’t know when. After the season, free agency wasn’t even a thought. But I have two boys and my wife, Savannah, is pregnant with a girl. I started thinking about what it would be like to raise my family in my hometown. I looked at other teams, but I wasn’t going to leave Miami for anywhere except Cleveland.” James led the Cavaliers to four consecutive NBA Finals and a championship in 2016 when Cleveland overcame a 3-1 deficit to defeat the Warriors. It was the greatest NBA Finals comeback in history and brought the Cavaliers their first title.But it turns out most of his child-rearing came in Los Angeles. In 2018, James decided not to pick up his player option and signed a four-year, $153.3-million contract to play for the Lakers, choosing them over the 76ers and a return to the Cavaliers. His salary escalated each year, rising to $52.6 million last season.“LA has welcomed the arrival of Rabbit, Logo, Stumpy, Big Dipper, Captain, Silk, Magic, Big Game, Diesel, Mamba, Spaniard and now welcomes a King!!” Lakers co-owner Joey Buss tweeted. In James’ second season in L.A., the Lakers won their 17th NBA championship in a bubble at Walt Disney World to cap the pandemic-shortened 2020 season. James notched a triple-double in the clinching Game 6 and earned Finals most valuable player for the fourth time in his career.James set the league all-time scoring record while wearing the purple and gold, but his eight seasons with the Lakers also included failures. The 2021-2022 season is widely regarded as the most disappointing in team history. The overwhelming favorite in Las Vegas to win the championship when the season began, the Lakers finished 33-49 and missed the playoffs. The Lakers never made it past the Western Conference finals over the next four seasons, including getting swept in the conference semifinals by the Oklahoma City Thunder in 2026. James averaged 20.9 points, 6.1 rebounds and 7.2 assists last season while adding to his list of NBA records, setting marks for games played, all-time wins and field goals made.The Lakers pivoted quickly after James announced he wouldn’t return, overhauling the roster to complement star guards Luka Doncic and Austin Reaves. They traded for 7-foot-2 center Walker Kessler and signed free agents Sandro Mamukelashvili, Quentin Grimes, Collin Sexton, Matisse Thybulle, Ziaire Williams and Kevon Looney.Meanwhile, James methodically listened to pitches from a handful of teams, ultimately settling on the 76ers.Rich Paul, James’ agent and close friend, said on a podcast Monday that the ample time James took making the decision was necessary because the choice was difficult.“I think it’s important for people to understand: We’re not making this about attention and a spectacle,” Paul said. “It’s not about a ‘Decision’ or anything like that. He has a choice to make. He has a business choice to make.”Giving himself the best shot at a fifth title was key. James has played in 302 postseason games, by far the most of any NBA player, and scored 20 or more points in 261 of them. His teams are 42-15 in playoff series and 188-114 in games. He has scored the most points in the playoffs (8,521) in addition to the most points in the regular season (43,440). “It’s amazing what he’s done for the sport, for the league, and he deserves the opportunities that were presented to him to be able to make his own decision on what’s best for him and his family,” Silver said last week. “So I completely respect that.”
