Posted on 06/24/2014 8:46:38 AM PDT by SeekAndFind
LeBron James will exercise the early termination option in his contract with the Miami Heat, becoming an unrestricted free agent, his agent told ESPN's Chris Broussard. It doesn't necessarily mean that he's leaving Miami.
By opting out, he can sign a new five-year maximum contract with the Heat. If he left Miami, he could only get a four-year deal with a slightly lower annual salary. The difference between staying and leaving is $33 million.
(Excerpt) Read more at businessinsider.com ...
It’s a good story, I’ve had sports radio on for the last few hours. I wish King James the best in Cleveland.
Disclaimer: Opinions posted on Free Republic are those of the individual posters and do not necessarily represent the opinion of Free Republic or its management. All materials posted herein are protected by copyright law and the exemption for fair use of copyrighted works.