LeBron James is signing with the Los Angeles Lakers.

Before James decided to sign with the Lakers, he purchased a home in Los Angeles for $23 million.

The mansion is his second in Los Angeles and his third house overall.

LeBron and his family of five can live in great comfort and style in the luxurious, newly-built palace.

The king of the NBA is now a member of the Los Angeles Lakers, but he won't have to look for a new house.

The star athlete spent $23 million on a brand new home in the swanky Brentwood neighborhood. The home is actually King James' second in LA, in addition to his house in Akron, Ohio.

This purchase clashes with the image LeBron tries to create of the frugal basketball star. Perhaps the Cleveland Cavilers' forward is prudent with other purchases in order to afford his three mansions.

When he played for the Miami Heat, James resided in a south Florida home he sold for over $13 million. His newest purchase is a 2017-built home that cost him slightly more than the $20 million he handed over for his first LA mansion.

Everyone — even non-sports fans — can appreciate the splendor of his new digs.

Check out LeBron's sweet buy, photos and information courtesy of Trulia: