LeBron James – the world’s greatest active basketball player – has officially opted-out of his contract with the Miami Heat. This wasn’t a completely unexpected move, but the timing is a bit curious. James was slated to earn $20.6 million in his fifth year with the young franchise. Now, LeBron becomes an unrestricted free agent, giving him the chance to sign with any team in the NBA starting July 1st.
Source: www.athlonsports.com