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LeBron James announces he is joining the Los Angeles Lakers

CLEVELAND– For the second time in his career, LeBron James is leaving his hometown team.

LeBron James announced he is signing a four-year, $154 million contract with the Los Angeles Lakers on Sunday evening via his Klutch Sports Instagram page.

“LeBron James, four time MVP, three time NBA finals MVP, fourteen time NBA All Star and two time Olympic gold medalist has agreed to a four year, $154 million contract with the Los Angeles Lakers,” the release read in full.

Rumors of James’ desire to join the Lakers began heating up as soon as his agent Rich Paul informed the Cavs that James was opting out of the final year of his contract back on June 30.