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LeBron James Opts Out Of Cleveland Cavaliers Contract, Will Become Free Agent

LeBron James Opts Out Of Cleveland Cavaliers Contract, Will Become Free Agent

Big news coming out of the NBA.

Nasir Jabbar

Nasir Jabbar

LeBron James will not exercise the mammoth $35.6 million option on his contract with the Cleveland Cavaliers for next season, instead becoming a unrestricted free agent.

His decision to opt out doesn't prevent him from rejoining Cavs for next season.

'King James' was drafted by the Cavs in 2003, before leaving in 2011 for Miami Heat. Though he made an emotional return in 2014.

Further reports suggest the 33-year-old is interested in joining LA Lakers.

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Topics: Basketball, Basketball News, NBA, lebron james