Cleveland Cavaliers

LeBron James opts out of contract with Cavaliers to become free agent, report says

LeBron James
LeBron James Andy Lyons/Getty Images

The "Summer of LeBron" has begun.

According to Cleveland.com, LeBron James will opt out of the final year of his contract with the Cavaliers and hit the free agent market, which officially opens July 1.

James, 33, is set to enter his 16th season in the NBA. He's played for the Cavaliers 11 of those seasons, with a four-year break where he went to the Heat from 2010-14. He has said his next destination will largely depend on input from his family.

MORE: What are LeBron's best options in free agency?

The Lakers have been linked to James in recent weeks as he reportedly has had conversation with other marquee players, including Kawhi Leonard, about playing together in Los Angeles. Other teams expected to make a run at James include the Rockets, Celtics and 76ers, among others.

However, James can ultimately re-up with the hometown Cavaliers on another one-and-one deal similar to the one he just left.

Keep up to date with all of the latest :tag: news!
Sure Not Now

Now we wait for James to potentially make a league-altering decision … again.

More from NBA.com

#Jimmy Butler
Butler: 'It’s so much more fun to play with these guys'
Carlan Gay
#Saturday
Around the NBA: Kyrie leads Celtics, Sixers perfection, AD's blitz
James McKern
young-curry-111218-ftr-nba-getty
How Trae Young compares to a young Stephen Curry
Kyle Irving
#Gordon Hayward
Why the Celtics shouldn't bring Hayward off the bench
Kyle Irving
#Kyrie
Kyrie was 'pretty peaceful' during 43-point performance against Raptors
Carlan Gay
kyle-lowry-111618-ftr-getty.jpg
Lowry critical of himself after Celtics loss
Scott Rafferty
More News