LeBron James and the Los Angeles Lakers had a "productive" meeting about their future on Thursday, Rich Paul told Dave McMenamin of ESPN. 

McMenamin adds that the two sides have yet to agree upon a new contract, with Paul saying that discussions will continue to move forward.

Thursday marked the first day that James was eligible to sign a two-year, $97.1 million extension with the Lakers.

James has until June 30 to sign an extension before he becomes an unrestricted free agent.

James could also sign a one-year extension worth $47 million with a player option.