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Report: Agent Tells Heat LeBron Will Opt Out

PHILADELPHIA (CBS) -- CBS Sports is reporting LeBron James' agent, Richie Paul, has told the Miami Heat on Tuesday morning that James will exercise his option to terminate his contract and become a free agent.

James had until June 30th to make his decision on his final two years of his contract. Of course, James could be planning on signing a new cap-friendly deal with Heat.

[Related: LeBron To Philly?]

 

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