LeBron James ready to accept pay cut to help Lakers land Klay Thompson

LeBron James has opted out of the final year of his contract with the Los Angeles Lakers worth $51.4 million in order to return on a fresh deal.

LeBron James has declined the final year of his Los Angeles Lakers contract, and is seeking a new deal with the team.

James' agent, Rich Paul of Klutch Sports, revealed that his client is prioritizing roster improvements.

James ready to take pay cut to help Lakers land star

"He is prioritizing a roster improvement," Paul told ESPN.

LeBron James

"He's been adamant about exuding all efforts to improve the roster."

Paul explained that James is willing to sign a deal below the maximum three-year, $162 million contract he's eligible for, which would allow the Lakers to use the full $12.9 million midlevel exception to sign an impact player like Klay Thompson of the Golden State Warriors.

However, if the Lakers fail to attract a top talent with the MLE, James will seek the maximum contract, according to Paul."

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