James signs 2-year, $104M deal to return to LA

Los Angeles Lakers forward LeBron James watches his son's press conference Tuesday at the UCLA Health Training Center in El Segundo, Calif. James and the Lakers agreed to a lucrative contract extension Wednesday morning. (Kirby Lee/USA TODAY)

LeBron James plans to sign a two-year, $104 million maximum deal to return to the Los Angeles Lakers, league sources confirmed Wednesday. He will have a player option next summer and a no-trade clause, sources said.