 Just over an hour ago, LeBron James reportedly notified the Lakers he will be opting out of his player option the final year of his contract, which was set to pay him over $51 million. However, it's almost a guarantee that LeBron and the Lakers will renegotiate a new contract somewhere in the territory of the three-year max, $162 million they can offer him. I mean, let's be real. They just drafted his son two days ago.