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LeBron James to opt out of contract and head to free agency

Miami Heat's LeBron James (6) is surrounded by San Antonio Spurs' Gary Neal (L), Manu Ginobili (20), Kawhi Leonard (2) and Tiago Splitter (2
Miami Heat's LeBron James (6) is surrounded by San Antonio Spurs' Gary Neal (L), Manu Ginobili (20), Kawhi Leonard (2) and Tiago Splitter (2

MIAMI, FL (WTVB) - LeBron James is headed to free agency. The Miami Heat were informed Tuesday that the four-time NBA MVP will opt out of his contract. Heat president Pat Riley said he wasn't surprised by the news. James had a June 30th decision deadline and was scheduled to earn $20 million next season. Miami reached the NBA Finals in each of James' four years with the club, winning back-to-back titles in 2012 and 2013.                                            

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