LeBron James signs 4-year, $154 million contract with the Lakers

LeBron James.
(Image credit: Streeter Lecka/Getty Images)

LeBron James is headed to the Los Angeles Lakers, with his management firm confirming on Sunday night that the basketball superstar signed a four-year, $154 million contract with the team.

James, a four-time NBA MVP, three-time NBA finals MVP, 14-time NBA All Star, and two-time Olympic gold medalist, is leaving behind his hometown team, the Cleveland Cavaliers. On Instagram, the 33-year-old thanked "Northeast Ohio for an incredible 4 seasons. This will always be home."

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Catherine Garcia, The Week US

Catherine Garcia has worked as a senior writer at The Week since 2014. Her writing and reporting have appeared in Entertainment Weekly, The New York Times, Wirecutter, NBC News and "The Book of Jezebel," among others. She's a graduate of the University of Redlands and the Columbia University Graduate School of Journalism.