LOS ANGELES, CA - MARCH 19:  LeBron James #23 of the Cleveland Cavaliers attempts a layup over Ivica Zubac #40 of the Los Angeles Lakers at Staples Center on March 19, 2017 in Los Angeles, California.  NOTE TO USER: User expressly acknowledges and agrees that, by downloading and or using this photograph, User is consenting to the terms and conditions of the Getty Images License Agreement.  (Photo by Harry How/Getty Images)
PHOTO: Harry How/Getty Images
LOS ANGELES, CA - MARCH 19: LeBron James #23 of the Cleveland Cavaliers attempts a layup over Ivica Zubac #40 of the Los Angeles Lakers at Staples Center on March 19, 2017 in Los Angeles, California. NOTE TO USER: User expressly acknowledges and agrees that, by downloading and or using this photograph, User is consenting to the terms and conditions of the Getty Images License Agreement. (Photo by Harry How/Getty Images)
Now playing
01:23
LeBron James to join the Los Angeles Lakers
lebron james escuela lakers ohio eeuu deportes pkg cnnee_00011517.jpg
lebron james escuela lakers ohio eeuu deportes pkg cnnee_00011517.jpg
Now playing
02:14
First lady praises LeBron James
Now playing
00:43
LeBron: My voice has to be more than sports
lebron james 1
PHOTO: CNN
lebron james 1
Now playing
00:46
LeBron James: I want every kid to be inspired
lebron james 1
PHOTO: WEWS
lebron james 1
Now playing
00:58
LeBron James: 'I've defeated the odds'
PHOTO: instagram/justintimberlake
Now playing
01:00
See LeBron James surprise Justin Timberlake
NEW ORLEANS, LA - OCTOBER 28:  LeBron James #23 of the Cleveland Cavaliers prepares to play the New Orleans Pelicans at the Smoothie King Center on October 28, 2017 in New Orleans, Louisiana.  NOTE TO USER: User expressly acknowledges and agrees that, by downloading and or using this photograph, User is consenting to the terms and conditions of the Getty Images License Agreement.  (Photo by Chris Graythen/Getty Images)
PHOTO: Chris Graythen/Getty Images North America/Getty Images
NEW ORLEANS, LA - OCTOBER 28: LeBron James #23 of the Cleveland Cavaliers prepares to play the New Orleans Pelicans at the Smoothie King Center on October 28, 2017 in New Orleans, Louisiana. NOTE TO USER: User expressly acknowledges and agrees that, by downloading and or using this photograph, User is consenting to the terms and conditions of the Getty Images License Agreement. (Photo by Chris Graythen/Getty Images)
Now playing
01:40
LeBron reacts to 'shut up and dribble' remark
LeBron James: Race and the NBA_00015628.jpg
LeBron James: Race and the NBA_00015628.jpg
Now playing
02:14
LeBron James: Race and the NBA
LeBron James: Home Court_00033919.jpg
LeBron James: Home Court_00033919.jpg
Now playing
03:42
LeBron James: Home Court
Now playing
01:00
LeBron's first interview since return
Lebron James nat pkg_00002120.jpg
Lebron James nat pkg_00002120.jpg
Now playing
01:26
A look back at LeBron James' NBA career
ac savidge on lebron_00025524.jpg
ac savidge on lebron_00025524.jpg
Now playing
03:53
Cleveland prepares for LeBron's rebound
(CNN) —  

Basketball superstar LeBron James has signed a four-year, $154 million deal to join the Los Angeles Lakers, his agency, Klutch Sports Group, announced Sunday night.

LeBron James in Game 2 of the NBA Finals in June
PHOTO: Marcio Jose Sanchez/AP
LeBron James in Game 2 of the NBA Finals in June

James did not pick up his option Friday with the Cleveland Cavaliers, the team he led to its fourth straight NBA finals this year, only to be swept by the Golden State Warriors in four games.

Some had expected the move to Los Angeles, where the Ohio native owns two homes. The announcement came on the first day of free agency.

James, 33, is a four-time NBA Most Valuable Player and arguably the league’s most dominant player.

Fast Facts on LeBron James

He joined the league In 2003 as the first overall draft pick by Cleveland.

But he shocked fans in 2010 by going to Miami, where he won his first championship with the Heat in 2012.

Two years later, it was back to the Cavs. And in June 2016, they beat the Golden State Warriors 93-89 in a deciding Game 7 to win the NBA Championship. His performance earned him unanimous MVP honors.

The victory was the first major sports championship for a Cleveland team since 1964.

The Lakers haven’t made the playoffs in five years.