LeBron James apparently is still mulling Magic Johnson's $1 million offer to finally participate in the NBA's dunk contest.

James told ESPN's Lisa Salters that, although he hasn't decided on a response to Johnson's offer, he frequently considers entering the dunk contest.

"I don't have a response yet," James told Salters prior to the Miami Heat's game against the New York Knicks on Sunday afternoon.

James had never taken part in the dunk contest in his 10-year career despite consistently throwing down trophy-worthy slams in warm-ups and games. The three-time league MVP told Salters, however, that he has considered participating.

"I think about it every year," James said.