MIAMI, FL - JUNE 21: LeBron James #6 of the Miami Heat answers questions from the media next to the Larry O'Brien Finals Championship trophy during his post game press conference after they won 121-106 against the Oklahoma City Thunder in Game Five of the 2012 NBA Finals on June 21, 2012 at American Airlines Arena in Miami, Florida. NOTE TO USER: User expressly acknowledges and agrees that, by downloading and or using this photograph, User is consenting to the terms and conditions of the Getty Images License Agreement. (Photo by 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?]
