With LeBron, Lakers suddenly a betting favorite

With LeBron, Lakers suddenly a betting favorite

The wait is finally over and a victor has been declared in the LeBron James free agency sweepstakes.

The decision was announced in a tweeted press release from LeBron's agent, Rich Paul, and the agency Klutch Sports Group. After one year with the Thunder, George liked the organization enough to re-sign there on a four-year deal instead of joining the Lakers.

"Welcome to the family @KingJames", Bryant said on Twitter."(hash) lakers4life (hash) striveforgreatness".

The massive Los Angeles market will also provide James with a grander platform for his philanthropy and social activism.

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James helped Cleveland to their first National Basketball Association title in 2016, as they overturned a 3-1 deficit in the National Basketball Association finals to beat Golden State. That's made it tough for Cleveland to upgrade its roster, but the Cavs remain committed to bringing back James even for just one more year.

Back in 2016 it was announced that director Justin Lin was teaming up with James to put together a sequel to Space Jam, a film that starred National Basketball Association legend Michael Jordan. James loves the Hollywood lights, and with two homes in the Los Angeles area as well as a film production company, he has already established some roots in the land of movie stars and slow-moving traffic. Las Vegas' reaction to the signing put the Lakers right behind the Golden State Warriors for title odds, at 7-2, according to the Westgate SuperBook. The guy is 33 years old and only seems to be getting better. Sportsbooks have listed Los Angeles as the runaway favorite to sign him. He thanked Cavaliers fans in an Instagram post, saying the city will always be his home.

But despite claiming the Eastern Conference crown for a fourth straight year, James was given a blunt reminder of how far short the Cavs are of a championship caliber team when they were swept 4-0 by the Warriors in the Finals.

Those are the kind of figures that can help transform the Lakers from Western Conference also-rans into one of the league's most compelling clubs.

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