Cleveland Cavaliers star Lebron James will become a free agent after declining his $35.6 million player option for next season. James, a four-time NBA MVP, three-time champion and 14-time All-Star, will enter free agency with the Cavaliers, Los Angeles Lakers and Philadelphia 76ers as his leading suitors. The decision to decline the option for 2018-19 was expected by James because it gives him more options, which includes him re-signing with the Cavs, who can offer him a five-year, $209 million contract.
James can also sign a short-term deal with Cleveland, something he has done each year since returning in 2014. The 33 year old James played all 82 games last season, averaging 27.5 points, 9.1 assists and 8.7 rebounds while leading the Cavaliers to the NBA Finals.