Yesterday it was announced that LeBron James signed a two-year $97 million contract extension with the Lakers. Before committing to the purple and gold, the four-time NBA champion reportedly looked his options for next summer.

According to Adrian Wojnarowski, there were no teams with cap space next summer that James had interest in joining, so he decided to sign an extension.

“For LeBron James, he looked at the free agency landsacpe next summer, who might have cap space, and there was nothing that interested him enough, I’m told, to keep that option open and go into the season on an expiring contract,” Woj said on ESPN’s Get Up, via HoopsHype.

This past season LeBron averaged 30.3 points, 8.2 rebounds and 6.2 assists in 37.2 minutes per game as the Lakers failed to make the postseason.