The NBA legend would need to secure a buyout from the Los Angeles Lakers, not arrive via trade. Multiple sources report that Dallas is not prepared to part with key players or draft assets to acquire James, who recently opted into his $52.6 million player option for the 2025-26 season.

According to NBA reporter Dave McMenamin, “Dallas—I’m told—they would only be interested in LeBron in a buyout situation.” This stance reflects the Mavericks’ desire to preserve their roster depth and flexibility, especially after a run to the Western Conference Finals.

Trading for James would require Dallas to match his substantial salary, likely forcing them to sacrifice multiple rotation players—an approach considered risky given James’ age and expiring contract.

Why a Buyout, Not a Trade?

James’ contract situation complicates any potential move. He holds a full no-trade clause, giving him complete control over his future, and there is no indication from his camp or the Lakers that a buyout is imminent. NBA front offices have also expressed reluctance to trade significant assets for a one-year rental, even for a player of LeBron’s stature.

If a buyout were to occur, however, the scenario would change dramatically. As ESPN’s Bobby Marks noted, “If LeBron James ever became a free agent and did some type of buyout in Los Angeles, there you’d have 29 teams lined up for him.”

For Dallas, signing James as a free agent would be a low-risk, high-reward move, allowing them to add a Hall of Fame-caliber playmaker without gutting their roster.

LeBron’s Future Remains Unclear

At present, there is no sign that James is pursuing a buyout or trade, and his agent Rich Paul has indicated that LeBron is monitoring the Lakers’ offseason moves before making any decisions. The Mavericks’ interest underscores both James’ enduring value and the league-wide recognition of his impact, even as he enters his 23rd NBA season.

For now, Dallas will continue to watch the situation, prepared to make their move only if LeBron James becomes a free agent—a scenario that remains speculative but could reshape the NBA landscape if it ever materializes.