What happened: The 41-year-old forward hopes a suitor will execute a blockbuster deal for Anthony Davis or Kyrie Irving before he commits to a new contract. Neither target currently appears available, pausing the broader offseason as franchises evaluate their assets. The Mavericks remain committed to pairing their current point guard with incoming rookie Cooper Flagg.
Why it matters: James has historically preferred joining teams with established secondary stars already in place. For the Cleveland Cavaliers, accommodating his return could require moving James Harden, who recently opted out of a $42.3 million player option. The Cavaliers reportedly prefer keeping their durable point guard rather than attaching draft capital in a complex sign-and-trade.
By the numbers: Irving missed the entire 2025-26 season with a torn ACL and averaged just 45 appearances over his prior six campaigns. Harden has logged 70-plus games in three consecutive seasons.
What to watch: Cleveland must decide whether to continue holding cap space for James or proceed with a long-term extension for Harden.