According to ESPN's Brian Windhorst on the recent episode of "The Basketball Union," James is waiting for the Lakers to voluntarily lay out their offseason strategy. With the Lakers able to clear as much as $50 million in cap space this summer, they might devise a plan to re-sign James, but the offered salary would be well below his $52.6 million this year.


When the league's new salary year begins on July 2, James will become an unrestricted free agent. He has stated that he is in no rush to decide his destination next season, and has not even confirmed whether he will continue playing. But the situation is becoming clearer: if he chooses to keep playing, his camp will not proactively contact interested teams.
James currently carries a cap hold of $57.7 million. For the Lakers to create cap space, they must first renounce that hold. Once they do, they cannot wait until later in the offseason for James to make a decision; they would have to forfeit his priority, operate independently of his signing status, and proceed with other free-agent moves.
However, the Lakers could later re-sign James using remaining cap space or a cap exception, but they would no longer be able to use his Bird rights to go over the cap to sign him.
Lakers general manager Rob Pelinka stated in his season-ending press conference that the team very much wants James to stay next season. The NBA's all-time leading scorer's other main potential destinations include the Cleveland Cavaliers and the Golden State Warriors.
Previously, Windhorst also reported: "Based on the Cavaliers' current salary cap situation, they can only offer James a contract worth $3 million. His salary this season is over $50 million. From what I understand, James is not willing to accept such a massive pay cut."