Skip to content

Report: LeBron’s agent has informed Heat he will opt out, become an unrestricted free agent

Jun 24, 2014, 9:54 AM EDT

LeBron James, Dwyane Wade and Chris Bosh all have early termination options which they can exercise this summer in order to become unrestricted free agents, instead of playing out the final two years on those deals.

The first domino has fallen, as James has reportedly made the first of two very important decisions.

It’s important to state the obvious, which is that LeBron opting out has absolutely zero to do with whether or not he returns to the Heat. The move was expected, just as it was with Carmelo Anthony, because the league’s biggest stars in their prime are always going to opt out of a deal to sign a much longer one for more guaranteed money the moment the opportunity presents itself.

[Dan Patrick Show: Is LeBron taking shot at Pat Riley by opting out?]

But it’s extremely interesting nonetheless, because it means that there’s at least a possibility that James will choose to play somewhere else.

The more likely scenario is that James re-ups in Miami for another five-year max contract, with another early termination option after three years.

Remember, the Heat didn’t exactly struggle to make the playoffs — they just finished a campaign that ended with a trip to the Finals for a fourth straight year. While it’s clear the roster needs upgrades to win a title, and LeBron’s move certainly puts at least some pressure on ownership to make that happen, Miami is still very close. And organizational stability — especially with Pat Riley in the front office and Erik Spoelstra on the sidelines — is going to be as important a factor as any in LeBron’s next decision.

Wade and Bosh have yet to inform the team of whether or not they too will opt out, but it’s more than likely that they will. Wade may be convinced to sign for more money in total over more years in order to give the team some immediate financial flexibility, and the same may be true of Bosh and even of James.

The three will look at the landscape together, however, before anyone decides to leave. And while James opting out first is definitely intriguing, the move was one that was expected.

Latest Posts
  1. V. Stiviano suit: Donald Sterling is gay

    Aug 22, 2014, 9:15 AM EDT

    Donald Sterling, V. Stiviano Donald Sterling, V. Stiviano

    Stiviano claims Sterling paid her to act as his beard

  2. Report: Mavericks re-sign Bernard James

    Aug 22, 2014, 8:00 AM EDT

    Berard James Berard James

    James, on one-year minimum-salary contract, will have right to veto trades

  3. Report: Thanasis Antetokounmpo chooses Knicks D-League team over playing in Europe next season

    Aug 21, 2014, 8:59 PM EDT

    thanasis nba draft

    Knicks finally considering the importance of developing young talent for the future.

  4. Report: Timberwolves to end up with Thad Young, Anthony Bennett as part of Kevin Love trade

    Aug 21, 2014, 7:31 PM EDT

    Kevin Love Kevin Love

    Wiggins too, while guys like Alexey Shved will be sent to the Sixers.

  5. Shaq answers the question: Kobe or LeBron?

    Aug 21, 2014, 6:12 PM EDT

    Shaquille O'Neal AP

    Gone are the days when Shaq would have used this as an opportunity to take a shot at Kobe.

  6. NBA GM says ‘there’s no reason’ to trade for restricted free agents Greg Monroe or Eric Bledsoe

    Aug 21, 2014, 5:02 PM EDT

    John Loyer, Greg Monroe John Loyer, Greg Monroe

    Why give up assets now, when either player could be signed outright as an unrestricted free agent next summer?

  7. DeMarcus Cousins wants to be the third ‘Splash Brother’ (VIDEO)

    Aug 21, 2014, 3:59 PM EDT

    Los Angeles Clippers v Sacramento Kings Getty Images

    Stephen Curry: “We’re still taking applications.”

  8. Jeremy Lin smashes a cake in his mother’s face (Instagram)

    Aug 21, 2014, 12:10 PM EDT

    Jeremy Lin Jeremy Lin

    Being Jeremy Lin’s parent must be an interesting experience. What do you say to him to correct him.

  9. Kyrie Irving with crossover, step-back jumper for Team USA (VIDEO)

    Aug 21, 2014, 11:30 AM EDT

    Team USA Showcase Getty Images

    It’s a great move, one Irving pulls off almost ever game.

  10. Derrick Rose says he’ll play Friday vs. Puerto Rico

    Aug 21, 2014, 10:45 AM EDT

    Derrick Rose, Tom Thibodeau Derrick Rose, Tom Thibodeau

    Patience is the right play here. And patience is never popular with any fan base.

  11. Kentucky’s Calipari calls David Blatt right guy to coach Cavaliers

    Aug 21, 2014, 9:45 AM EDT

    David Blatt David Blatt

    Blatt can coach, but if it takes a season for the Cavaliers to find their identity (as it did with LeBron in Miami) will he get the chance to stick around for it?

  12. Report: Don’t be so sure on Anthony Bennett to Philadelphia rumors

    Aug 21, 2014, 9:16 AM EDT

    Anthony Bennett Anthony Bennett

    If you’re now rebuilding in Minnesota, why trade Bennett?

Featured video

Will LeBron get booed Christmas Day in Miami?
Top 10 NBA Player Searches
  1. D. Rose (3647)
  2. L. James (2242)
  3. K. Bryant (2177)
  4. S. Marion (2171)
  5. D. Cousins (2137)
  1. R. Allen (1973)
  2. A. Davis (1914)
  3. P. George (1838)
  4. C. Anthony (1832)
  5. K. Irving (1823)