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LeBron James will suit up for a record-breaking 24th NBA season, but his next chapter will not be with the Los Angeles Lakers after informing the franchise that he intends to continue his career elsewhere.

According to ESPN, Klutch Sports CEO Rich Paul confirmed that James has told the Lakers they are free to move forward without him, bringing an end to his eight year stint with the franchise.

Lakers governor Jeanie Buss paid tribute to the four time NBA champion, thanking him for his contributions to the organization. In a statement, Buss said the team would always appreciate James' role in leading the Lakers to the 2020 NBA title under extraordinary circumstances, as well as the milestones and records he achieved during his time in Los Angeles.

James leaves the Lakers among the franchise's all time leaders in several statistical categories. He ranks 10th in points scored with 12,402, fifth in assists with 3,808, 10th in field goals made with 4,681 and second in three pointers with 1,020.

Attention has already shifted to where the veteran superstar could play next. ESPN reports that the Golden State Warriors are preparing to pursue James when NBA free agency officially opens. The Warriors increased their financial flexibility after Draymond Green declined his player option, potentially creating room for a move involving James and even a possible trade for Anthony Davis from the Washington Wizards.

Although Golden State is considered a strong contender, reports indicate the franchise has not received any confirmation that James has chosen them. Team officials reportedly believe the organization is an attractive destination but understand convincing the veteran forward to join will require significant recruitment.

James' former teams, the Cleveland Cavaliers and the Miami Heat, are also expected to explore the possibility of bringing him back.

The NBA legend, who turns 42 in December, could have remained with the Lakers for another season or retired after one of the greatest careers in basketball history. Instead, he has opted to continue playing, with what could become the final stop of his remarkable journey.

Despite missing the opening month of last season because of sciatica affecting his lower back and right leg, James still earned an All Star selection. He averaged 20.9 points, 7.2 assists and 6.1 rebounds while shooting 51.5 percent from the field. He also elevated his performances in the playoffs, helping the Lakers eliminate the Houston Rockets in the first round while Luka Dončić was sidelined through injury.