Since LeBron James made the move to pick up his $52.6 million player option to remain with the Los Angeles Lakers, rumors have been swirling around about his future.

The Orlando Magic and the rest of the NBA are reacting to the news of a potential LeBron James trade. James, 40, opted into the final year of his contract with the Los Angeles Lakers, where he is expected to make just over $52 million.

LeBron James opted into the $52.6 million player option in his contract to remain with the Los Angeles Lakers next season, agent Rich Paul announced.