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Broken down: LeBron James to join LA Lakers in staggering Sh15.4B deal

LeBron James (pictured) informed the Cavaliers on Friday that he would not exercise his $35.6 million contract option. [Photo/AFP]

LeBron James is to join the Los Angeles Lakers in a four-year $154 million deal, his agents said Sunday, ending months of frenzied speculation about the NBA superstar's next career move.

The blockbuster contract sends the 33-year-old four-time NBA Most Valuable Player to one of the league's most iconic clubs, adding to the legacy of such legends as Kobe Bryant and Magic Johnson.

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