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LeBron James' major announcement is an ad for the cognac company Hennessy.
James posted a teaser for what he said was "The Second Decision" on Monday.
It was a call back to 2010 when he announced on TV that he was leaving the Cleveland Cavaliers for the Miami Heat.
After posting the teaser, there was speculation that it would be a retirement announcement.
The NBA's all-time leading scorer is now 40 and he's entering his 23rd season.
He'll be an unrestricted free agent when the season is over.