LeBron James reportedly bought a vacation home in Los Angeles, which created speculation that the Cleveland Cavaliers superstar is preparing for a possible move this summer.

According to Variety, James shelved around $21 million for a vacation home in the Brentwood area of Los Angeles. The East Coast-style mansion, which was designed by Ken Ungar, has six bedrooms and seven bathrooms in total.

The 9,350-square-foot mansion also features a kitchen with slab marble back splashes. The report also added that the kitchen area has "every high-quality stainless steel appliance known to mankind" today. The master bedroom also boasts a two-way fireplace, marble bathroom and a private terrace.

The purchase came just a few months after James sold his three-story mansion in Coconut Grove, Florida for $13.4 million. The four-time NBA Most Valuable Player decided to part ways with his Florida mansion after he decided to return to the Cleveland Cavaliers after a four-year stint with the Miami Heat.

James Moving to Lakers or Clippers?

The purchase created speculation that James is now preparing to leave Cleveland again like what he did in 2010. The Cavaliers superstar has a player option worth $24 million for next season and could become a free agent if he decides to opt out in July, ESPN reported.

If James decides to opt out of his contract with the Cavaliers, the 30-year-old will be free to sign with any team, including the Lakers, who will need a new face of their franchise next season if Kobe Bryant decides to retire after the current season.

However, Variety noted that James is likely making a "full-court press" on Hollywood after he made waves in "Trainwreck" and produced "Survivor's Remorse."

One source also told Realtor that James' decision to buy a vacation in Los Angeles had nothing to do with his future in Cleveland.

"No one should read this as any indication about basketball. It's a vacation house," the source said. "He likes L.A., he plans on spending time there in the summer, and he has a growing number of business opportunities."

The ESPN report also confirmed that the purchase was a business decision, not a basketball decision. The report pointed out that entertainment platforms like Warner Brothers and Disney are based in Los Angeles. His own company, SpringHill Entertainment, is also based in the area.

"His entertainment business interests are continuing to expand, and it gives him a place to conduct business from in the offseason too," the ESPN source said.