Richie Paul, LeBron James‘ agent, has informed the Miami Heat that James will exercise his early termination option and become an unrestricted free agent.
According to my man @Chris_Broussard , LeBron James' agent Rich Paul has informed Heat that LeBron will exercise early termination option
— Marc Stein (@ESPNSteinLine) June 24, 2014 
LeBron James To Exercise Early Termination Option by Sports Talk Florida Rumors
LeBron James will opt out of his Heat contract. James, Jordan, Russell, Chamberlain and Kareem are the only 4x MVPs in NBA history.
— ESPN Stats & Info (@ESPNStatsInfo) June 24, 2014