LeBron James is reportedly considering taking a pay cut to re-sign with the Los Angeles Lakers in free agency.
LeBron James has declined the $51.4 million player option in his contract with the Los Angeles Lakers and entered unrestricted free agency, according to multiple reports. James is expected to re-sign with the Lakers and, according to Yahoo Sports, it could come with a hometown discount.
If James doesn't take a pay cut, the Lakers will enter the offseason over the first apron of the salary cap, which would limit how much they can spend and send out in a potential trade. James has only taken a pay cut once before: in 2010, when he, Dwyane Wade and Chris Bosh all took less money to team up on the Miami Heat. James signed a two-year, $68.6 million deal, which was $15 million less than the maximum a team could offer him in free agency.
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