 James is expected to sign a new deal with the team during free agency. CBS reports James made the decision to opt out of his $51 million contract for the 2024-2025 season. Despite this, he's still expected to be on the team next season with a new contract. This comes a few days after the Lakers drafted James' son, Brawny. This will be the first time a father-son duo has played in the NBA. I'm Lisa Carton.