LeBron James signs for Lakers

LOS ANGELES (AP): 

LeBron James is signing with the Los Angeles Lakers, leaving the Cleveland Cavaliers for the second time to join one of the NBA's most iconic franchises.

James' agency made the announcement in a release, saying he has agreed to a four-year, US$154 million (almost J$20 billion) contract. The game's best all-around player and biggest star will now lead a young Lakers team that has been overmatched in recent years while rebuilding but will instantly rise with James.