Rich Paul Rumors
James is one of several members of the Cavs from last season’s championship team that remain unsigned, including J.R. Smith and head coach Tyronn Lue. James is currently traveling and spending time with family. He will meet with agent Rich Paul and go over his contract options at some point but there is no rush, sources said.
Chris Broussard: LeBron James will not exercise his player option with the Cavs for next season, according to agent Rich Paul. Deadline was Wed @ midnight.
Chris Broussard: On 7/1, James becomes free agent for 3rd straight year. Tho James said he’ll return 2 Cavs, Paul gave no timetable for signing of new deal. With huge salary cap increase, James is eligible for max salary of roughly $30 million. Exact amount not known until July 7.
But that ascension would not have occurred had he not taken becoming an agent seriously and convinced James to return to Cleveland while in a Las Vegas hotel room two summers ago. After four years and two titles with the Heat, James was a free agent and pondered staying in Miami for another run or returning to Cleveland, which he had left so abruptly after failing to win a ring. “We were in Vegas and it was just [his] decision to make, ‘Am I staying somewhere to win a championship or am I going somewhere to win a championship or am I going home to not only try to win one championship but to uplift the city of Cleveland,’ ” Paul said. “That’s what means the most to me. Those people raised him. They supported him. The decision for him was bigger than basketball.”