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LeBron James will opt out of contract with Miami Heat

Stashed in: Basketball, LeBron James, Steve Ballmer

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LeBron James' agent, Rich Paul, has informed the Miami Heat that James will exercise his early termination option and become an unrestricted free agent on July 1.

Opting out does not mean that James has decided to leave the Heat, sources said.

He wants to play with Carmelo Anthony:

With James and Carmelo Anthony officially opting out of their contracts, multiple teams -- including the Cleveland CavaliersAtlanta Hawks and Lakers -- have begun the process of exploring roster moves that would create sufficient salary-cap space to sign 2014's marquee free agents in tandem...

It would be a smart move to stay in the East, where it's much easier to get to the NBA finals.

An unexpected bold move would be to go to the new Steve Ballmer-owned Clippers. Exciting!

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