With LeBron, Lakers suddenly a betting favorite

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Other teams that have made offers for Leonard include the Los Angeles Clippers, Cleveland Cavaliers and Philadelphia 76ers, according to ESPN.

James has bolted as a free agent twice - in 2010, when his contract was up with Cleveland and he chose the Miami Heat, and in 2014, when he exercised the early termination option in his Heat contract and returned to Cleveland. Regardless of how the rest of this offseason goes, James clearly did not make this move simply based on where he would have best chance of knocking off the Warriors immediately.

It's a tricky spot for the Lakers.

The Spurs have always been most intrigued with Boston's trade assets, but it remains unclear how rich of a package the Celtics are willing to offer without a full understanding of the long-term implications of Leonard's quadriceps injury, or an assurance that they can be certain of Leonard's willingness to consider a long-term commitment next summer, league sources said.

That puts the Lakers in an even tougher spot - do they give up the assets for Leonard now, or wait until he can sign with them next year?

Any trade for Leonard would likely require a huge haul.

And yet to come is where San Antonio big man Kawhi Leonard will end up. Oklahoma City's Paul George, another major free agent-get, has already declared himself to be on the open market.

NBA's Most Valuable Player- LeBron James did not pick up the player option on the final year of his contract with the Cleveland Cavaliers and is now an free agent, he will now join another National Basketball Association franchise.

According to a report from ESPN's Adrian Wojnarowski, the Sixers will try to sell LeBron's group on the possibility of teaming up with Kawhi Leonard - not in Los Angeles, but in Philadelphia.

By declining his option, James positioned himself to be able to choose where he'll play next, and Cleveland, just up the road from his home near Akron, remains a strong possibility.