Despite the team's early playoff exit, James' individual excellence did not go unnoticed. The NBA announced that Shai Gilgeous-Alexander of the Oklahoma City Thunder won the 2024-25 MVP award, with Nikola Jokic finishing second and Giannis Antetokounmpo rounding out the top three.

After making their big acquisition of Luka Dončić, the Los Angeles Lakers at least looked into another significant deal before the February trade deadline.