Sixers

Report: Agent Tells Heat LeBron Will Opt Out

(Photo credit: Ronald Martinez/Getty Images)

(Photo credit: Ronald Martinez/Getty Images)

PHILADELPHIA (CBS) — CBS Sports is reporting LeBron James’ agent, Richie Paul, has told the Miami Heat on Tuesday morning that James will exercise his option to terminate his contract and become a free agent.

James had until June 30th to make his decision on his final two years of his contract. Of course, James could be planning on signing a new cap-friendly deal with Heat.

[Related: LeBron To Philly?]