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.
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'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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