LOS ANGELES — LeBron James has decided to opt out of the final year of his Los Angeles Lakers contract in order to secure a new deal with the NBA club, multiple reports said Saturday (Sunday in Manila).

James, a four-time NBA champion, dumps a deal that would have paid him $51.4 million next season, ESPN and The Athletic reported, and becomes a free agent but looks to return on a potential maximum three-year deal worth $162 million.

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