LeBron James
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LeBron James will not exercise his current contract option with the Cleveland Cavaliers and will be a free agent, multiple reports say.

James’ agent informed the Cavs of the option, worth $35.6 million option and thus will become an unrestricted free agent, which will undoubtedly cause a massive stir amongst NBA teams, including Cleveland.

The Los Angeles Lakers are one of the teams heavily in the mix along with the Cavs.

Cleveland.com writer Joe Vardon was first with the story.