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A New Decision: LeBron James Will Be a Free Agent This Summer

James
JamesPhotograph by Jesse D. Garrabrant/NBAE via Getty Images

LeBron James has informed the Miami Heat that he will exercise the early termination option in his contract with the team, making James an unrestricted free agent this summer and fair game for any team in the league. While many would love to have him, James could also decide to re-sign with the Heat under terms more favorable for building a championship team around him. James and his current teammates were badly outplayed by the San Antonio Spurs in this year’s NBA Finals.

Whatever happens this time around, it is not likely to resemble the public relations fiasco of the summer of 2010, when James appeared in a half-hour special on ESPN to tell the world that he would “take his talents to South Beach.”