LeBron James has opted out of the final year of his contract with the Miami Heat, and will become an unrestricted free agent on July 1.
James has stated this offseason that he feels much more at ease with his impending free agency, and that he does not plan on it being as crazy:
"I feel more at ease this time," said James recently, noting also:
"2010 was out of control."
James has also said that the Big Three (consisting of himself Chris Bosh and Dwyane Wade), all plan on sitting down and discussing free agency plans.
James' decision comes 6 days before the June 30 deadline. Had he opted in, James was slated to make $20.5 million next season, and just over $22 million in 2015-2016.
Opting out does not mean James is leaving the Heat, and in fact it could mean he is staying at a reduced rate.
James has made no secret of his desire to continue his success irregardless of what jersey he has on, and one thing is for certain, if the Heat want to compete for the NBA championship again next season, they need to increase their depth. Lebron can help that by freeing up a few million dollars should he choose to sign a reduced rate contract.
Although a new contract with the Heat is the likeliest scenario, anything can happen.
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