Menu
Franchises

LeBron Officially Opts Out Of His Contract, But Will He Actually Leave The Heat?

Heat F LeBron James will "exercise his early termination option and become an unrestricted free agent on July 1," but the move does not necesarrily mean James "has decided to leave the Heat," according to sources cited by Chris Broussard of ESPN.com. James had until June 30 to "decide whether to opt out of the final two years of his contract with the Heat" (ESPN.com, 6/24). In Miami, Barry Jackson writes the move "isn't surprising, because James likes to have flexibility." The Heat have "long been considered the favorite to retain him, but several teams ... will court him" (MIAMIHERALD.com, 6/24). In Ft. Lauderdale, Ira Winderman notes Heat G Dwyane Wade and F Chris Bosh hold "similar early-termination clauses" in their contracts, and they are "now expected to follow James' lead." Those moves "could make it easier" for Heat President Pat Riley to "rework a roster that has advanced to the past four NBA Finals" (SUN-SENTINEL.com, 6/24). ESPN's Broussard said the message James is sending the Heat is he wants to see "what improvements we'll make." James has "great respect" for Riley, and opting out "does not mean he's leaving Miami by any stretch." The timing of the announcement helps the Heat "formulate a better plan to improve." ESPN's P.J. Carlesimo said the move gives the Heat time "to start putting things together." He added, "This still may be an enormous plus for Miami because he could end up going back there and helping them out and giving Pat Riley the flexibility he needs to make them a better team." ESPN's Tom Penn said the move "makes it much easier" on Riley to improve the roster ("SportsCenter," ESPN2, 6/24). 

ON THE CLOCK: ESPN's Brian Windhorst said by opting out of the deal six days before he had to, James is "sending a signal that he is going to be available on July 1, and he wants there to be maximum availability for teams to make moves." That "includes the Heat." In this next "seven to 10 days, you are going to see scrambling of teams trying to clear salary cap space." The move is a call to teams to "make moves to get LeBron's attention." Windhorst: "It's an open invitation to impress him. ... I expect this to potentially kick off a frenzy of talks across the league (to sign James) ... using the Draft as a leveraging point. He's definitely played that into his thinking" ("SportsCenter," ESPN2, 6/24).

SBJ Morning Buzzcast: April 24, 2024

Bears set to tell their story; WNBA teams seeing box-office surge; Orlando gets green light on $500M mixed-use plan

TNT’s Stan Van Gundy, ESPN’s Tim Reed, NBA Playoffs and NFL Draft

On this week’s pod, SBJ’s Austin Karp has two Big Get interviews. The first is with TNT’s Stan Van Gundy as he breaks down the NBA Playoffs from the booth. Later in the show, we hear from ESPN’s VP of Programming and Acquisitions Tim Reed as the NFL Draft gets set to kick off on Thursday night in Motown. SBJ’s Tom Friend also joins the show to share his insights into NBA viewership trends.

SBJ I Factor: Molly Mazzolini

SBJ I Factor features an interview with Molly Mazzolini. Elevate's Senior Operating Advisor – Design + Strategic Alliances chats with SBJ’s Ross Nethery about the power of taking chances. Mazzolini is a member of the SBJ Game Changers Class of 2016. She shares stories of her career including co-founding sports design consultancy Infinite Scale career journey and how a chance encounter while working at a stationery store launched her career in the sports industry. SBJ I Factor is a monthly podcast offering interviews with sports executives who have been recipients of one of the magazine’s awards.

Shareable URL copied to clipboard!

https://www.sportsbusinessjournal.com/Daily/Issues/2014/06/24/Franchises/LeBron-Heat.aspx

Sorry, something went wrong with the copy but here is the link for you.

https://www.sportsbusinessjournal.com/Daily/Issues/2014/06/24/Franchises/LeBron-Heat.aspx

CLOSE