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.

After earning his record-extending 21st All-NBA selection at age 40, LeBron James reflected on the milestone, saying he is “Blessed beyond I can even imagine.”

Despite turning 40 in late December, James played 70 games and averaged 24.4 points, 7.8 rebounds and 8.2 assists while shooting 51.3% from the field.