Basketball - LeBron James is a free agent as of July 1

After winning his third NBA ring, the first with his hometown team the Cleveland Cavaliers, LeBron James has renounced extend his contract for another year with the franchise of Ohio, and is a free agent as of July 1. However, although the possibility exists that can negotiate with other teams, the intention of re-signing forward would be for the Cavs.

LeBron give up the option to extend his contract a year, at 24 million, and recognized his agent Rich Paul US broadcaster ESPN. This would allow for the Cavs re - sign, but would be possible to negotiate with other franchises. However, as he explained James himself in celebrating the title, "love Cleveland and I have no intention of leaving."

This formalism in the contract of the American star would take to sign for another year with higher gain for James , which would increase revenues to 30 million in the 2016-17 season, hoping that in the next campaigns climb the salary range of franchises, allowing the player to negotiate again.

"There are some technicalities (in the contract) to be carefully watched, I will leave that to my agent , " said James on ESPN, it seems unlikely his departure from the franchise Ohio next season, however, it remains open door that you can change squad for years to come.