LeBron James Enjoys Yacht Time with Family in Italy

Newly-minted Lakers star LeBron James is still chillin' in Italy ... this after sealing an eye-poppin' deal.

LeBron has been cruising on a big-ass yacht for days. As we reported, he flew into L.A. last Friday, met with Magic Johnson Saturday, signed a $154 million deal with the L.A. Lakers Sunday, and then flew off to Portofino to re-connect with his fam.

LeBron jumped ship to dine at a restaurant. It's interesting ... Magic makes an annual trek to Italy with Samuel L. Jackson almost every year, so it seemed the 2 might meet up there. We're told Magic won't hop aboard until August, which is weeks away.