LeBron James May Opt Out

Rumors are that +LeBron James may opt out of his contract with the +Miami HEAT. LeBron James’ agent Rich Paul has informed the Miami Heat that the four-time NBA MVP will exercise his early termination option and become an unrestricted free agent on July 1.

Opting out does not mean that James has decided to leave the Heat. James had until June 30 to decide whether to opt out of the final two years of his contract with Miami. He was scheduled to make $20 million next season and had two years and about $42.7 million remaining on his deal.

“The last four seasons have been historic, and LeBron James, Dwyane Wade, Chris Bosh and Erik Spoelstra have led the Miami Heat to one of the most unprecedented runs in the history of the NBA. We look forward to sitting down with LeBron and his representatives and talking about our future together. At the moment, we are preparing for the opportunities in the draft and free agency as we continue with our goal of winning NBA championships.”

After Miami’s season-ending loss to the San Antonio Spursin Game 5 of the NBA Finals, James told reporters he would take a vacation with his family before considering his contract options. James indicated that he welcomed the opportunity to become a free agent and have the same level of flexibility he was afforded in 2010, when he signed with Miami after spending his first seven years in Cleveland.

In his four seasons in Miami, the Heat have gone to the NBA Finals four times, winning two championships. James could join Shaquille O’Neal as the only players in league history to lead the NBA Finals in total points scored and then play for a different team to start the following season, according to the Elias Sports Bureau. O’Neal played for the 2003-04 Los Angeles Lakers, who lost to the Detroit Pistons in the NBA Finals, and was traded to the Heat in the offseason.

LeBron James Talks New Deal With Nike

The +Cleveland Cavaliers team member +LeBron James has just sing a big +SportScheck with +Nike for a lifetime. Nike has signed Cleveland Cavaliers forward LeBron James to a lifetime deal in what one source familiar with the negotiations said is the largest single-athlete guarantee in company history.

“We can confirm that we have agreed to a lifetime relationship with LeBron that provides significant value to our business, brand and shareholders,” Nike said in a statement. “We have already built a strong LeBron business over the past 12 years, and we see the potential for this to continue to grow throughout his playing career and beyond.”

A company spokesperson would not say how much Nike paid. It is believed to be the first lifetime deal in the shoe and apparel company’s 44-year history.

“I’m very humble, man,” James said to reporters after Monday’s practice. “It’s been an unbelievable time for myself and my family, and I’m just grateful that Nike and [Nike founder] Phil Knight and everyone over there just believed in a skinny-old, skinny 18-year-old kid from Akron, Ohio, and I’m happy to be a part of such a great company.”

A source close to the deal told ESPN that it easily surpasses the 10-year, $300 million deal Oklahoma City Thunder forward Kevin Durant signed with the world’s largest shoe and apparel brand last summer.

“LeBron and I have been in love and obsessed with Nike since we were kids,” Maverick Carter, James’ business partner, said Monday. “Having built a totally innovative global business with them has truly been a dream come true. We are so excited to be taking the business to an entirely new level. For LeBron, he’s thrilled to know he’s a Nike guy for life.”

James commented on his affinity for the brand, how important his first Nike deal was and what the new agreement means to him.

“It meant a lot to me even when I signed my first deal just to be with Nike, and it means even more that they’ve given me this,” James said. “It’s like I said, very humbling and grateful, and I’m going to continue to do my job and represent the brand the best way I can, like I know how. Hopefully, people see that.”

Carter will manage the deal, which was negotiated by Main Street Advisors’ Paul Wachter, who also negotiated the deal for John Henry to buy the Red Sox in 2002 and represented Beats By Dre in its $3 billion sale to Apple last May.

Although other companies have negotiated lifetime deals — Adidas has structured them with Chicago Bulls point guard Derrick Rose and soccer great David Beckham, while Reebok has a lifetime deal with former Philadelphia 76ers point guard Allen Iverson — Nike has never announced a lifetime deal before.

Inside Lebron James' $100 Million Mansion

 

Step into the World of Unmatched Luxury with LeBron James! Basketball player Lebron is one of the Los Angeles Lakers richest NBA players. Lebron is an amazing basketball player.

Michael Jordan or Lebron James?

 

If Michael Jordan was still playing in the NBA, who do you believe would win between him and Lebron James? This is another for fans and viewers to engage on by Fans Favorite.

Who Is Richer: Michael Jordan or Lebron James?

 

In addition to being considered the two greatest basketball players of all time, Lebron James and Michael Jordan are two tycoons who know how to multiply their net worth's! 

Lebron James To Produce The NBA’s First Fashion Show

Guess what all you Lebron James fans! +LeBron James will be producing a fashion show! How crazy do that sound? With All-star weekend AND fashion week falling into the same time frame, what better way to incorporate the two by having one of the best in the NBA to put on a fashion show? All-Star Style will be produced by James’ Springhill Production Company and will air during All-Star Weekend on Valentine’s Day at 6:30 p.m EST on TNT.

With ballers like James Harden, Chandler Parsons, Demarcus Cousins and Klay Thompson snagged to hit the runway, the show will have three segments: attire worn to the game, dressing for the boardroom and a night out on the town. The one-hour show will actually double as a competition, starting off with eight players, four will go to the second round and two will advance to the finals.

LeBron James Makes Big Come Back vs Miami Heat

LeBron James stepped onto the floor at American Airlines Arena and put on a show. The four-time NBA MVP won his first two championships with the Miami back in 2012 and 2013 after forming the big three with him, Dwayne Wade and Chris Bosh. Those baskets seemed so familiar to James because he could not miss. He scored 28 of his 51 points in the first half of play and kept his foot on the gas for the entire ball game.

The Lakers have won 5 of their last 6 games. Prior to Saturday’s road loss to the Magic, the Lakers were on a four-game winning streak. On Wednesday James will make his return back home to Cleveland. It will be Lebron’s first game back since joining the Lakers this summer, one of two meetings between the teams. The Cavs will play the Lakers in LA on Christmas Day as well.

“It’s always great to be here,” said the three-time Finals MVP. James embraced a number of people with hugs before the game began. “We had some not so good times, we had more great times, so it’s always a respect factor and a love for the people in Miami and especially the people who work here.” James tallied 48 points heading into the final 20 seconds. With the clock winding down, he was challenged by teammate Lance Stevenson to go for 51.

Magic Johnson Ask L.A. Lakers To Not Trade LeBron James

 

Magic Johnson who won 5 titles with the Lakers during his career out in L.A. this week, and asked him if the Lake Show should trade its 37-year-old superstar after the team missed the playoffs this season. Magic told us absolutely not saying he wants LeBron James in the purple and gold "for a long time. 

The idea of jettisoning James, who averaged 30.3 points per game in his nineteenth season, has recently been floated by disgruntled Lakers fans and some media personalities who think the haul LeBron James could get in a trade would make the team immediately better. 

LeBron James Becomes A Free Agent

LeBron James has alerted the Cleveland Cavaliers that he will opt out of the final year of his contract with the team and headline the 2019 list of NBA Free Agents. In doing so King James will leave $35.6 million on the table for the 2018-19 season.

ESPN reports the opt-out does not signify that LeBron’s time is over in Cleveland, however, it does provide a greater opportunity for the Los Angeles Lakers to acquire one of the greatest to touch a basketball. It has been oft-rumored throughout the course of the NBA Season that James has eyed a transition to Hollywood but his hometown team is able to offer the most money at five-year, $207.4 million. Other teams that have a chance between the Cavs and the LakeShow include the Houston Rockets and Philadelphia 76ers.

Many believe the Lakers are planning a complete overhaul of their roster from last year and are looking to trade for San Antonio Spurs superstar Kawhi Leonard to pair with LeBron. It is believed that his presence on the roster would “clinch” signing the Cavs star. Also lingering in free agency is Paul George, who opted out of the last year of his deal with the Oklahoma City Thunder to explore his free agency options. It’s rumored the Lakers wish to add him to Leonard and James for a new big three.

NBA Free Agency officially opens Sunday at 12:01 EST and we will see how the dominoes fall. Other free agents this summer include Demarcus Cousins, Clint Capela, DeAndre Jordan, Chris Paul and more.

LeBron James Becomes 1st Active NBA Billionaire

 

LeBron James just became the first active NBA player to reach billionaire status while still playing. It was reported by Forbes that James' net worth surpassed the $1 billion mark after he earned $121.2 million in 2021.

The Akron, OH native has amassed immense wealth during his nearly two-decade playing career that has opened up many more opportunities off the court. LeBron has tallied $385 million in on-court earnings in addition to $900 million in off the court ventures. 

LeBron James Sets Heats Records

+LeBron James has set a all time +Miami HEAT scoring high. James made 22 of 33 shots from the field, including his first eight 3-point attempts. Dazzling from inside and out, James put on the best scoring show of his NBA life Monday night, pouring in 61 points — a career high and franchise record — as the Miami Heat beat the Charlotte Bobcats 124-107. It was the eighth straight win for the two-time defending champions, who are starting to roll as the playoffs get near.

His career best had been 56 points, on March 20, 2005, for Cleveland against Toronto. Glen Rice scored 56 to set the Heat record on April 15, 1995, against Orlando. James had 24 points at halftime, then added 25 in the third quarter. The record-breaker came with 5:46 left, when James spun through three defenders for a layup that fell as he tumbled to the court.

LeBron James Talks Dwyane Wade Trade To Miami Heat

LeBron James just released a interview with ESPN to talk about the trade of Dewayne Wade to the Miami Heat. LeBron James says goodbye to Dwyane Wade: 'Truly happy for my brother'.

Is James Harden Better Than LeBron James

From an Arizona State University all-star to now an basketball superstar for the Houston Rockets 

the name of James Harden. Today a lot of fans and critics with the work that he puts in on the basketball courts leaving with 55 or 60 points a game which that's the same point range with Lebron James. 

But lately as the fans or critics would that now James Harden is like a takeover on the basketball court compare to Lebron. What would be your thoughts on the topic as who you would think is better.

LeBron James Signs New Deal

According to ESPN reporter Brian Windhorst, LeBron James has signed a 3-year, $100,000,000 contract with the Cleveland Cavaliers. After winning a championship for the team, it seems that Cleveland is making it nearly impossible for LeBron to think about leaving the Cavs.

Despite seeing a small dip with his game earlier in the season, LeBron has remained one of the best players in the league. He averaged 29.7 points during the playoffs and helped the team come back from a 3-1 deficit against the Golden State Warriors during the heated games.

Congrads to +LeBron James and the +Cleveland Cavaliers on the new signing.

Related Articles:

Russell Westbrook Signs $85.7 Million Dollar Deal

Future Signs New Deal With Reebok

Fetty Wap Signs 2 New Deal

LeBron James Will Make $30 Million From Dr. Dre

Dr. Dre wasn’t the only one who walked away with a wad of cash from his record-breaking deal with Apple. LeBron James has also reportedly cashed out, raking in a cool $30 million from Beats Electronics being bought by the tech tycoon.

James bargained for a small stock in the Beats company back in 2008 in exchange for promoting the Beats by Dre headphones. That has translated into the profit he now earns from the Apple deal, in the form of stocks and cash, according to an ESPN story:

“While James was leading the Heat to a victory over the Indiana Pacers in the Eastern Conference finals, sources say the 29-year-old was finalizing what is believed to be the biggest equity cash payout for a professional athlete in history as part of Apple’s recent $3 billion purchase of Beats Electronics. Sources briefed on the situation say James realized a profit of more than $30 million in cash and stock in the Beats sale after he had struck a deal to get a small stake in the company at its inception in 2008 in exchange for promoting its high-end headphones.”

Victor Oladipo Dunks On LeBron James Video

Check out this new visual video as Victor Oladipo makes a strong drive to the rim as Lebron James flies in for the block attempt but Oladipo recovers for the slam.

Related articles

• Agent: Bogut to join Cavaliers
• LeBron James says his 12-year-old son is already better in certain ways than he was at his age
• Watch Dave Chappelle Talk About Making A Rumored $60M From Netflix
• Watch: Enes Kanter, Steven Adams release another great video to support Russell Westbrook as MVP

Dwayne Wade Lebron James Alley Oop

It just comes so naturally for these guys! Dwyane Wade hits a streaking LeBron James for a 3/4-court alley-oop layup. Check it out….

  

LeBron James And Stephen Curry Named All-Star Game Captains

TNT revealed the players coming out of the respective Eastern and Western Conferences who've been voted in as starters for the 67th NBA All-Star Game, on Thursday, January 18. Along with news of who will be taking the floor for the tip-off, it was announced that as the top vote-getters, LeBron James and Steph Curry, have been named opposing team captains.

LeBron James Breaks More Records

Last night, on a jump shot over Knicks guard Courtney Lee at Madison Square Garden, LeBron James, 32, became the youngest player in NBA history to reach the 28,000 point milestone. James' history-making shot came in the second quarter of what would turn out to be a narrow Cavs victory against the Knicks.

James is currently sitting at number 8 on the all-time NBA scoring list. Shaquille O'Neal is next on the list at number 7, with 28,596 points.

With this basket, #LeBronJames became the youngest player to reach 28,000 career points! Congrats, King.#DefendTheLand #NBAonABC pic.twitter.com/SE2qL7Iw5b

— NBA (@NBA) February 5, 2017

Lebron James Producing New Show

Through his Uninterrupted media platform, LeBron James has enabled a glimpse into the lives of pro-athletes, as told by the athletes themselves. Now Uninterrupted is linking up with JPMorgan Chase to unleash an online series which will spotlight the topic of money management by profiling sports stars and what their ups and downs have looked like since coming into wealth.

Each 10-minute episode of the series will feature a different sports figure, with the likes of James himself, Serena Williams, and Draymond Green opening up about their expenditures. Green is actually scheduled as the first man up in the series. In episode one, the Golden State Warriors star recalls living off of an $850,000 salary without the help of advisers, in his rookie season. "I said I'm gonna do this on my own. I want to learn how to pay bills. I want to learn how money works," Green says, before sharing a recollection of a night in which he spent more than he had ever imagined he'd allow himself to spend out clubbing. "I had a blast for sure. I could've had a blast for $4,000 though," he said. "I woke up the next day hot like 'What?!' I mean that's $21,000 I can never get back. ... I still remember. I remember that bill."

The series is set to air on the Uninterrupted and Chase websites, and will be hosted by longtime friend and partner of James, Carter, whom also happens to have co-founded Uninterrupted and oversees its operations as CEO. "You never hear the stories behind the decision making," Carter said about the series. "Their lives are literally flipped in that they make the most money they're most likely ever going to make in their lives at a very young age, while they're still learning how to manage everything that comes with a very new lifestyle."