Chris Haynes of Yahoo Sports has recently provided some details about a possible contract extension with Lakers superstar LeBron James.

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LeBron James is officially eligible to sign a contract extension with the Lakers.

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James and his agent Clutch Sports CEO Rich Paul met with head coach Darwin Hamm & vice president of basketball operations Rob Pelinka to discuss a potential expansion with LA

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Chris Haynes of Yahoo Sports reported Tuesday that the group discussed a new contract, but it was not the main topic of discussion at the Lakers' El Segundo practice facility.

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Per Haynes, the main iron in the fire was sharing tactics on how to survive another disappointing Lakers season.

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James clearly reiterated his desire to compete for a championship.

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"James, sources said, drilled at home the importance of consistent competition and cohesion, noting that last season's team didn't give themselves a chance on several nights.

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The focus of future Hall of Famers is competing every night to give themselves a chance to compete for the championship."

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James currently has three options regarding the status of his contract:

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Fulfill your current contract and hit free agency next summer, signing a one-year extension or signing a two-year $97M extension with another year likely to be a player option

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LeBron has until June 30, 2023, to sign an extension.

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 But entering the season without the 18-time All-Star signed a new contract would essentially create a soap opera that could result in a script similar to last year's.

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