LeBron James admitted after breaking the all-time regular season scoring record on Tuesday that he feels he is the greatest player in NBA history.

James needed 36 points to break the record against the Oklahoma City Thunder, and he reached that figure in the final seconds of the third quarter, drilling a free throw line fadeaway to eclipse Kareem Abdul-Jabbar's mark of 38,387.

The Lakers ultimately went down 133-130 to the visiting Thunder, although it was no fault of James, who scored a game-high 38 points on 13-of-20 shooting with three steals, and the Lakers were plus eight in his 34 minutes of action.

After the contest, James was asked a couple of questions from fellow legendary Laker Shaquille O'Neal, with the last being about who he feels is the greatest player in the history of the league.

"I'm gonna let everybody else decide who that is, or talk about it, but it's great barbershop talk," James said, before O'Neal cut him off and demanded a straight answer.

"Me personally, I'm going to take myself against anybody who has ever played this game," he said. 

"But everyone is going to have their favourite, and everyone is going to decide who their favourite is, but I know what I've brought to the table, I know what I bring to the table every single night, and what I can do out on this floor.

"I always feel like I'm the best to ever play this game, but there's so many other great ones that I'm happy to just be a part of their journey."

O'Neal also asked if James believes he can go on and continue to add to the record for years to come, and interestingly, James left the door open to perhaps playing for a different franchise before he hangs up his boots.

"For sure, I know I can play a couple more years," he said. "The way I'm feeling, the way my body has been reacting to me through the course of this season, I know I can play a couple more years.

"It's all about my mind. If my mind is still into it, if I'm still motivated to go out and try to compete for championships, because I feel like that's what I can still do.

"For any group of guys, for any franchise, I can go out there and still help win multiple championships, or win a championship.

"That's my mindset, but it's all about the mind. If my mind is sharp, and I feel motivated to go out and prepare myself every single day, then I can continue to play this game."

Shareef O'Neal, the son of Hall of Famer Shaquille O'Neal, has signed with the NBA G League Ignite team. 

After playing for the Los Angeles Lakers during Summer League, The Athletic reported that O'Neal had put pen to paper on a six-figure contract. 

The 22-year-old, who was not picked in the 2022 NBA Draft, confirmed the news by tweeting: "Vegas, let's do it! Thank you Ignite!" 

O'Neal averaged 4.7 points, 3.7 rebounds and 10.9 minutes per game in his six Summer League appearances. 

The Ignite team was established in 2020 to help elite NBA prospects develop their game without going to college. 

O'Neal was diagnosed with a right anomalous coronary artery and underwent open heart surgery in December 2018 while at UCLA. 

The Los Angeles Lakers did not have a first-round pick in the 2022 NBA Draft, but they will have a pair of high-profile rookies on their Summer League roster. 

Ex-LSU forward Shareef O'Neal and former Vanderbilt guard Scotty Pippen Jr have agreed to free-agent contracts with the team as they try to follow their famous fathers into the NBA.

O'Neal is the son of Hall of Famer Shaquille O'Neal, who played eight seasons with the Lakers from 1996 to 2004 and helped the franchise to three consecutive NBA championships from 2000 to 2002. 

Pippen's father, Scottie, was a seven-time All-Star and a major part of the Chicago Bulls dynasty in the 1990s that won six NBA titles in an eight-year span from 1991 to 1998.

According to The Athletic, O'Neal has received an invitation to play on the Lakers' Summer League team in Las Vegas, while Pippen Jr has agreed to a two-way contract – as has Syracuse's Cole Swider.

Both players confirmed the signings on their Twitter accounts.

"THANK YOU FOR THIS OPPORTUNITY @Lakers!," O'Neal wrote while posting a short video of him as a child in a Lakers jersey.

"Dreams come true. Let's get to work #lakeshow," Pippen Jr tweeted.

The six-foot-10 O'Neal began his collegiate career at UCLA before transferring to LSU, where his father starred prior to being taken by the Orlando Magic with the number one overall pick of the 1992 draft. Foot injuries limited the younger O'Neal to only 37 games over three college seasons.

Pippen Jr, a six-foot-three guard who attended high school in the Los Angeles area, went undrafted despite a standout three-year career at Vanderbilt in which he scored 1,577 points in three seasons.

The 21-year-old averaged over 20 points per game in each of his final two seasons and was a two-time first team All-Southeastern Conference selection.

The Orlando Magic have secured the number one pick in this year's NBA Draft following the lottery on Tuesday.

The Oklahoma City Thunder, Houston Rockets and Sacramento Kings will pick second, third and fourth respectively, with the Detroit Pistons rounding out the top five.

The Pistons dropped below the top four despite 52.1 per cent odds of landing in one of the top four spots and having a 14 per cent chance at the top pick, with the Kings moving up into fourth.

The Magic, who also had a 14 per cent chance at the top pick, have not had the first selection since the 2004 draft, where they selected Dwight Howard.

The other two times were in 1992, selecting Shaquille O'Neal, and 1993, where the Magic traded Chris Webber for Anfernee Hardaway. O'Neal and Howard both made NBA Finals appearances with the Magic before leaving for the Los Angeles Lakers.

The Thunder's last selection at number two, meanwhile, was Kevin Durant in 2007.

The biggest losers from the lottery were the Portland Trail Blazers, who claimed the seventh pick despite a 2-21 finish to end the season after trading away CJ McCollum and Larry Nance Jr.

Shaquille O'Neal has confirmed he has sold his stake in the Sacramento Kings in order to pursue other business interests.

The NBA legend, who spent the majority of a decorated career at the Los Angeles Lakers and the Miami Heat, became a partial owner of the Kings in 2013.

However, he confirmed on Twitter on Wednesday that he has been required to sell according the NBA rules due to his desire to begin a new business venture.

"As a result of a new business endeavour, I was required by NBA rules to sell my interest in the Sacramento Kings," the 49-year-old posted. 

"I want to thank the fans, the city of Sacramento, Vivek Ranadive and the entire Kings organization for our great partnership.

"I loved being an owner of such a forward-thinking organization and I hope to be back someday. Till we meet again..."

The four-time NBA champion made the announcement shortly before his former Lakers were beaten 125-116 by the Kings in Sacramento.