Los Angeles - LeBron James will give up his number 23 jersey to new Los Angeles Lakers team-mate Anthony Davis, who will sacrifice a trade bonus to help finance NBA free agency moves, ESPN reported on Thursday.

James has worn number 23 during both stints with the Cleveland Cavaliers and with the Lakers last season after he departed his hometown club a year ago in free agency.

Davis wore number 23 for seven seasons while playing for the New Orleans Pelicans.

Citing unnamed sources, ESPN said James will return to wearing the number 6 jersey he used while winning his first two NBA crowns during a four-season stint with the Miami Heat.

Photos from the set of "Space Jam 2" - a sequel to the 1996 film starring NBA legend Michael Jordan and animated cartoon icon Bugs Bunny - show James wearing a number 6 jersey.

A trade deal for Davis will be completed on July 6, when free agent contract signings can be announced, but details about the move revealed Thursday indicated the Washington Wizards are now involved in the transaction.

The Lakers will have $32 million to spend in free agency under NBA salary cap rules, according to ESPN, after the Lakers sent Mo Wagner, Isaac Bonga and Jemerrio Jones to Washington to clear salary-cap space.

Davis has also agreed to waive a $4 million trade bonus to create additional salary cap space that would enable the Lakers to pursue another maximum level NBA free agent.

The move allows the Lakers to build a supporting cast around James and Davis, who could combine into a formidable Lakers duo in the mold of Shaquille O'Neal and Kobe Bryant or the Lakers' 1980s "Showtime" era stars Magic Johnson and Kareem Abdul-Jabbar.

The Lakers could also go for another top-level talent to form a star trio the way James did with Dwyane Wade and Chris Bosh in Miami or alongside Kevin Love and Kyrie Irving in Cleveland.

To help complete the Davis to LA deal, the Wizards will send money to the Pelicans and the Lakers will send a 2022 second-round NBA Draft choice to Washington.

The Lakers were expected to make a run at 2014 and 2019 NBA Finals Most Valuable Player Kawhi Leonard, a Los Angeles native coming off a championship run with the Toronto Raptors.

The Los Angeles Clippers are also expected to meet with Leonard next Tuesday while the Raptors reportedly will be allowed to make the last presentation to Leonard next week before he decides on his options for next season.