Los Angeles Lakers forward LeBron James shoots during an NBA basketball game against the New Orleans Pelicans in Los Angeles, April 1, 2022. (ASHLEY LANDIS / AP)

LeBron James and the Los Angeles Lakers are discussing a two-year extension worth $98 million, according to multiple reports.

James, 37, became eligible for a contract extension on Thursday and met with general manager Rob Pelinka.

ALSO READ: LeBron adds to legend

LeBron James can become a free agent in 2023 if he opts to do so, but ESPN reported the initial talks were "productive”

He can become a free agent in 2023 if he opts to do so, but ESPN reported the initial talks were "productive.”

Uncertainty about James' interest in a new deal exists because of statements he has made about spending his final season on whatever roster his son, Bronny James, winds up on as a rookie.

ALSO READ: LeBron James card expected to top $6 million at auction

Bronny James attends Sierra Canyon School in Los Angeles and is currently not eligible for the NBA draft until 2024.

The Athletic reported Bronny James could consider the NBA G League or NBL in Australia —  LaMelo Ball played one year in the NBL —  if he opts against playing one season of college basketball.