Sport
LeBron James opts to become a free agent
LeBron James. PHOTO/Rocky Widner/Getty Images
NBA superstar LeBron James informed the Miami Heat on Tuesday that he will exercise an early termination option in his contract and become a free agent.
According to James’ agent, Richie Paul, the decision came ahead of a deadline next Monday to decide whether or not to opt out of the last two years of his Miami contract.
Miami Heat president Pat Riley claimed the move was not a surprise and that he looks forward to new contract talks with James – the NBA’s biggest current star.
The move does not prevent James from re-signing with the Heat, and could give the club greater flexibility to add talent and remain within NBA salary cap rules.
James, who was set to make US$20 million next season, won his first career NBA titles with the Heat in 2012 and 2013. He also led Miami to the NBA Finals in 2011, when Dallas beat the Heat, and this year, when Miami lost to San Antonio.
After the Heat’s last loss in the NBA Finals, James said he wanted time on vacation with his family before considering his future plans.
James, 29, said he welcomed the chance for the same free agency freedom he had in 2010, when he signed with the Heat after spending his first 7 NBA seasons in Cleveland.
