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LeBron James Exercise Early Termination From the Miami Heat, Becoming Free Agent



I know what some of you are gonna do, and that is, question LeBron James‘ loyalty.

Although the talented basketball player has had a pretty successful run with the Miami, winning three consecutive championships (until their tragic championship defeat by the San Antonio Spurs a couple weeks ago), LeBron has decided to opt out of his contract with the team, making him a free agent by the summer.

James’ agent, Rich Paul, made the announcement Tuesday morning to the shock of many.

What does this all mean? James will not only forfeit the $20,590,000 he was set to earn in 2014-15 if he opted in, but, also the remainder of his guaranteed salary on a six-year, $110 million contract he signed back in 2010, which equates to roughly $42.7 million.

But it doesn’t mean that James’ future with the Miami Heat is in total danger. He still has until June 30th to make an official decision.

All bets are on LeBron remaining in Miami, however. With his wife’s pregnancy (the couple is expecting their third child this year) and a new Juice Bar she’s opened in Miami, it’s not likely the athlete is setting his sites on a new city.

What are your thoughts CK readers, do you think LeBron will leave Miami? We’d love to hear your thoughts.


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