Report: LeBron James to Opt Out of Contract, Expected to Re-Sign With Cavaliers

LeBron James will reportedly become a free agent on July 1.

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Kevin Love. J.R. Smith. Matthew Dellavedova. Iman Shumpert. ​LeBron James. What do all of these names have him in common? If you said that they played for the Cleveland Cavaliers last season, you would be correct. But, those names are also the people who will reportedly become free agents on July 1. 

As the Cavaliers organization expected, LeBron has decided to decline his $21.6 million player option, making him a free agent for the third time in six years, according to ESPN. The Worldwide Leader in Sports is also reporting that both James and Cavs general manager David Griffin have been "very engaged" in discussions about the makeup of the roster for next season, suggesting that The King isn't planning to take his talents elsewhere. 

For now, LeBron's agent Rich Paul is focused more on finalizing a new deal for one of his other clients, Tristan Thompson

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[via ESPN]

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