Teams have reportedly expressed interest in trading for Los Angeles Lakers forward LeBron James, who exercised his lucrative player option.

LeBron James opted into the final year of his player option with the Los Angeles Lakers over the weekend, and a statement put out by his agent, Rich Paul, made it seem like they could look for a new destination if the Lakers didn't upgrade the team in a significant way.

LeBron James trade rumors were completely shut down by his agent Rich Paul, who confirmed that the Lakers star hasn't been made aware of any possibility of movement in free agency

Despite having a glaring need at the center position, the Los Angeles Lakers' first notable addition in free agency turned out to be Jake LaRavia.

After seeing Dorian Finney-Smith leave town to sign with the Houston Rockets, the Lakers brought in 23-year-old forward Jake LaRavia in their first free agency signing. LaRavia is not a household name.

The Lakers lost a key role player when forward Dorian Finney-Smith agreed to a deal with the Houston Rockets, but they quickly moved onward by agreeing to a deal with forward Jake LaRavia when NBA free agency opened Monday afternoon.