LeBron James agreed Sunday to a four-year, $154 million contract with the Los Angeles Lakers, his agency Klutch Sports announced on Twitter.

James’ agreement to sign with the Lakers comes on the first day of free agency, about 20 hours after free agency began.

A Lakers official told City News Service that teams can’t officially comment on free agent agreements during the moratorium period that will end on July 6.

It’s reported that James’ agent Rich Paul also talked to the Cleveland Cavaliers and the Philadelphia 76ers. James’ arrival in Los Angeles will come after a four-year, second stint with the Cavaliers. During that time he went to the National Basketball Association finals all four years and won one NBA championship.

He previously won two titles with the Miami Heat.

James’ decision came one day after another Laker target, Paul George, decided to re-sign with the Oklahoma City Thunder.

The 33-year-old James also has two homes in the Brentwood area of Los Angeles and spends off-season time in the city.

The agreement between James and the Lakers comes after the team finished their consecutive season with record of 35-47, missing the playoffs for the fifth year in a row.

James arrived at Van Nuys airport Saturday on his private jet and was greeted by reporters as he returned from a family vacation on the Caribbean island of Anguilla.

James is a three-time NBA champion, four-time MVP, three-time finals MVP, 14-time NBA All Star and two-time Olympic gold medalist. Last year he averaged 27.5 points a game, with a 54.2 percent shooting record and gathered in an average of 8.6 rebounds and 9.1 assists in 36.9 minutes.


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