MyBookie now has extreme odds on LeBron James joining Lakers

LeBron James Lakers update: at least one sportsbook indicates that this is basically a done deal. Popular online sportsbook MyBookie now has the Lakers as heavy favorites to sign LeBron James.

While teams like the Philadelphia 76ers have floated on the periphery of James’ decision, this has long been thought of as a two-horse race. The Lakers and Cleveland Cavaliers, LeBron’s current team, are the heavy, heavy favorites.

There has been a lot of speculation on the role that the Lakers’ efforts to land Paul George in free agency or Kawhi Leonard through trade may have. So far, the team has managed neither.

George may choose to stay with the Oklahoma City Thunder, even longer than the “one plus one” extension that has been floated, perhaps. Leonard reportedly wants to be a Laker, but the Spurs control where he is dealt.

Even so, MyBookie has the Lakers as a near lock to land LeBron.

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LOS ANGELES, CA - MARCH 10: LeBron James #23 of the Cleveland Cavaliers jokes with Kobe Bryant #24 of the Los Angeles Lakers during a 120-108 Cavaliers win at Staples Center on March 10, 2016 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 condition of the Getty Images License Agreement. (Photo by Harry How/Getty Images)
LOS ANGELES, CA - MARCH 10: LeBron James #23 of the Cleveland Cavaliers posts up against Kobe Bryant #24 of the Los Angeles Lakers at STAPLES Center on March 10, 2016 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. Mandatory Copyright Notice: Copyright 2016 NBAE (Photo by Noah Graham/NBAE via Getty Images)
LOS ANGELES, CA - MARCH 10: Kobe Bryant #24 of the Los Angeles Lakers shakes hands with LeBron James #23 of the Cleveland Cavaliers after the game at STAPLES Center on March 10, 2016 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. Mandatory Copyright Notice: Copyright 2016 NBAE (Photo by Noah Graham/NBAE via Getty Images)
LOS ANGELES, CA - MARCH 10: LeBron James #23 of the Cleveland Cavaliers and Kobe Bryant #24 of the Los Angeles Lakers are seen during the game on March 10, 2016 at STAPLES Center 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. Mandatory Copyright Notice: Copyright 2016 NBAE (Photo by Andrew D. Bernstein/NBAE via Getty Images)
LOS ANGELES, CA - MARCH 10: LeBron James #23 of the Cleveland Cavaliers and Kobe Bryant #24 of the Los Angeles Lakers match up during the first half at Staples Center on March 10, 2016 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 condition of the Getty Images License Agreement. (Photo by Harry How/Getty Images)
TORONTO, CANADA - FEBRUARY 14: LeBron James #23 of the East Team jumps the opening tip against Kobe Bryant #24 of the West Team during the NBA All-Star Game as part of the 2016 NBA All-Star Weekend on February 14, 2016 at Air Canada Centre in Toronto, Ontario, Canada. 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. Mandatory Copyright Notice: Copyright 2016 NBAE (Photo by Charlie Lindsay/NBAE via Getty Images)
TORONTO, CANADA - FEBRUARY 14: Kobe Bryant #24 of the Western Conference All-Stars is greeted by LeBron James #23 after playing in his last NBA All-Star Game as part of the 2016 NBA All Star Weekend on February 14, 2016 at the Air Canada Centre in Toronto, Ontario, Canada. 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. Mandatory Copyright Notice: Copyright 2016 NBAE (Photo by Jesse D. Garrabrant/NBAE via Getty Images)
TORONTO, CANADA - FEBRUARY 14: LeBron James #23 of the Eastern Conference shakes hands with Kobe Bryant #24 of the Western Conference before the NBA All-Star Game as part of 2016 NBA All-Star Weekend on February 14, 2016 at the Air Canada Centre in Toronto, Ontario, Canada. 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. Mandatory Copyright Notice: Copyright 2016 NBAE (Photo by Andrew D. Bernstein/NBAE via Getty Images)
CLEVELAND, OH - FEBRUARY 10: LeBron James #23 of the Cleveland Cavaliers puts pressure on Kobe Bryant #24 of the Los Angeles Lakers during the first half at Quicken Loans Arena on February 10, 2016 in Cleveland, Ohio. 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. Mandatory copyright notice. (Photo by Jason Miller/Getty Images)
LOS ANGELES, CA - JANUARY 15: Kobe Bryant #24 of the Los Angeles Lakers greets LeBron James #23 of the Cleveland Cavaliers after the game on January 15, 2015 at Staples Center 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. Mandatory Copyright Notice: Copyright 2015 NBAE (Photo by Juan Ocampo/NBAE via Getty Images)
HOUSTON, TX - FEBRUARY 17: LeBron James #6 of the Miami Heat and the Eastern Conference drives on Kobe Bryant #24 of the Los Angeles Lakers and the Western Conference during the 2013 NBA All-Star game at the Toyota Center on February 17, 2013 in Houston, Texas. 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 Ronald Martinez/Getty Images)
MIAMI, FL - FEBRUARY 10: Kobe Bryant #24 of the Los Angeles Lakers and LeBron James #6 of the Miami Heat plead with a referee during a game at American Airlines Arena on February 10, 2013 in Miami, Florida. (Photo by Mike Ehrmann/Getty Images)
LONDON, ENGLAND - JULY 27: LeBron James (L) and Kobe Bryant (R) look on during a press conference ahead of the London 2012 Olympics on July 27, 2012 in London, England. (Photo by Jeff Gross/Getty Images)
ORLANDO, FL - FEBRUARY 26: LeBron James #6 of the Miami Heat and the Eastern Conference and Kobe Bryant #24 of the Los Angeles Lakers and the Western Conference react late in the second half during the 2012 NBA All-Star Game at the Amway Center on February 26, 2012 in Orlando, Florida. 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 Ronald Martinez/Getty Images)
Kobe Bryant (L) of the L.A. Lakers playing for the West team, gets past East Team's LeBron James of the Miami Heat during the All-Stars Game at the Staples Center in Los Angeles on February 20, 2011. The game won by the West team 148-143 is the 60th NBA All-Star Game showdown between the Eastern and Western conference superstars. AFP PHOTO/Mark RALSTON (Photo credit should read MARK RALSTON/AFP/Getty Images)
LOS ANGELES - JANUARY 19: Kobe Bryant #24 of the Los Angeles Lakers and LeBron James #23 of the Cleveland Cavaliers stand together during their game at Staples Center on January 19, 2009 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. Mandatory Copyright Notice: Copyright 2009 NBAE (Photo by Noah Graham/NBAE via Getty Images)
BEIJING - AUGUST 24: (L-R) LeBron James #6 and Kobe Bryant #10 of the United States pose with their gold medals after winning the men's gold medal at the 2008 Beijing Olympic Games against Spain at the Beijing Olympic Basketball Gymnasium on August 24, 2008 in Beijing, China. The United States defeated Spain 118-107 to take the men's gold medal. 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. Mandatory Copyright Notice: Copyright 2008 NBAE (Photo by Jesse D. Garrabrant/NBAE via Getty Images)
(Beijing, China  Wednesday, August 20, 2008) Kobe Bryant, left and teammate LeBron James share a laugh from the bench as the last minutes tick away in a 116Â85 USA win over Australia in the Men's Olympic Basketball Quarterfinals in Beijing. (Photo by Robert Gauthier/Los Angeles Times via Getty Images)
USA's Kobe Bryant (L) and USA's Lebron James share a laugh as they sit on the substitutes' bench during the men's quarterfinal basketball match USA vs. Australia on August 20, 2008 at the Olympic basketball arena in Beijing, as part of the 2008 Beijing Olympic Games. USA won 116 to 85. AFP PHOTO / TIMOTHY A. CLARY (Photo credit should read TIMOTHY A. CLARY/AFP/Getty Images)
(EXCLUSIVE, Premium Rates Apply) Kobe Bryant, winner Under Armour Undeniable Performance Award, and LeBron James **Exclusive** (Photo by KMazur/WireImage)
CLEVELAND - FEBRUARY 13: Kobe Bryant #8 of the Los Angeles Lakers shares a moment with LeBron James #23 of the Cleveland Cavaliers during pregame warm ups prior to their game on February 13, 2005 at Gund Arena in Cleveland, Ohio. 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. Mandatory Copyright Notice: Copyright 2005 NBAE (Photo by David Liam Kyle/NBAE via Getty Images)
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Updated LeBron James Lakers odds are at -5000, per the sportsbook.

The site issued the update this afternoon. The Cavaliers are now being rolled into the field at +1500.

For those unfamiliar with gambling parlance, that means a bettor has to wager $5000 just to win $100. On the other hand, if you think LeBron will end up literally anywhere else, it costs just $100 to win $1500.

This afternoon, King James landed in the Los Angeles area from his Anguilla vacation. He has homes in the area, so it doesn’t necessarily mean he’s off to get the next step in his life started, but it definitely adds to the rampant speculation and rumor-mongering.

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