LeBron James Declining Contract Option With Cavaliers, ESPN Says

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  • James had player option for $21.57 million in 2015-16 season
  • James can seek salary of about $23 million with new deal

LeBron James will decline the option on his contract with the Cleveland Cavaliers for next season, positioning himself for a new one-year deal at a higher salary and more flexibility for the future, ESPN reported, citing a person familiar with the situation.

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