Get the latest market trends in your inbox

Stay on top of the latest market trends and economic insights with the Axios Markets newsletter. Sign up for free.

Please enter a valid email.

Please enter a valid email.

Subscription failed
Thank you for subscribing!

Catch up on coronavirus stories and special reports, curated by Mike Allen everyday

Catch up on coronavirus stories and special reports, curated by Mike Allen everyday

Please enter a valid email.

Please enter a valid email.

Subscription failed
Thank you for subscribing!

Denver news in your inbox

Catch up on the most important stories affecting your hometown with Axios Denver

Please enter a valid email.

Please enter a valid email.

Subscription failed
Thank you for subscribing!

Des Moines news in your inbox

Catch up on the most important stories affecting your hometown with Axios Des Moines

Please enter a valid email.

Please enter a valid email.

Subscription failed
Thank you for subscribing!

Minneapolis-St. Paul news in your inbox

Catch up on the most important stories affecting your hometown with Axios Minneapolis-St. Paul

Please enter a valid email.

Please enter a valid email.

Subscription failed
Thank you for subscribing!

Tampa-St. Petersburg news in your inbox

Catch up on the most important stories affecting your hometown with Axios Tampa-St. Petersburg

Please enter a valid email.

Please enter a valid email.

Subscription failed
Thank you for subscribing!

Please enter a valid email.

Please enter a valid email.

Subscription failed
Thank you for subscribing!

Photo: Harry How/Getty Images

LeBron James led the Lakers to season-defining wins over the NBA-best Bucks and rival Clippers this weekend, all while playing lockdown defense on reigning MVP Giannis Antetokounmpo and reigning Finals MVP Kawhi Leonard — the two strongest challengers to his throne in recent years.

Why it matters: James' weekend statement may have changed the course of the MVP race, which Antetokounmpo — who will miss at least two games with a sprained knee — has been heavily favored to win for months.

The big picture: If James leapfrogs Antetokounmpo in the season's final weeks, he will clinch his fifth league MVP, tying him with Michael Jordan for second all-time behind Kareem Abdul-Jabbar (six).

By the numbers: James, who became the third player in NBA history to reach 34,000 points, is on pace to average 25+ points per game for a record 16th season. The next closest are Jordan, Karl Malone, and Kobe Bryant — all with 12 such seasons.

What to watch: A Lakers-Clippers playoff series — which has never happened — would be a blessing from the basketball gods. But as yesterday proved, the Lakers would have home-court advantage in all seven games, underscoring the Clippers' need for their own home.

Go deeper: The average NBA team is now worth $2.1 billion

Go deeper

Trump pardons Michael Flynn

President Trump with Michael Flynn in 2016. Photo: David Hume Kennerly/Getty Images

President Trump on Wednesday pardoned his former national security adviser Michael Flynn, who pleaded guilty in the Mueller investigation to lying to FBI agents about his conversations with a former Russian ambassador.

Why it matters: It is the first of multiple pardons expected in the coming weeks, as Axios scooped Tuesday night.

The emerging cybersecurity headaches awaiting Biden

Illustration: Aïda Amer/Axios

The incoming administration will face a slew of cybersecurity-related challenges, as Joe Biden takes office under a very different environment than existed when he was last in the White House as vice president.

The big picture: President-elect Biden's top cybersecurity and national security advisers will have to wrestle with the ascendancy of new adversaries and cyberpowers, as well as figure out whether to continue the more aggressive stance the Trump administration has taken in cyberspace.