As completely expected, LeBron James opts out

LeBron James has reportedly decided to opt out of his contract with the Cleveland Cavaliers and become a free agent, Ken Berger of CBSSports.com reports. James will now be a free agent on July 1st. 

OK, let's do a little recent history lesson to catch you up on why this isn't a big deal.

From Ken Berger of CBSSports.com on June 16th: 

James himself has a player option for next season, and an interesting decision to make. But that decision will be strictly a financial one. No one has the slightest expectation that James would leave his native Northeast Ohio a second time, but he has the choice of opting out and signing another short-term deal or opting in and reeling in a historically massive max contract in 2016, when the NBA's $24 billion TV deal hits the league's free-agent system.

Source: Despite historic Finals effort, LeBron James falls short again - CBSSports.com

June 18th: LeBron James 'likely' to opt-out

June 18th later that same day: Cavs GM expects LeBron James to opt-out

June 24th: LeBron James to opt-out, become free agent

June 26th from Ken Berger of CBSSports.com: James is expected to opt-out.

So look, there's no surprise here. It's not a big deal. He's looking to re-up and maximize his financial advantage. There are already reports he won't even meet with other teams. He's not going anywhere. This was strictly a bookkeeping move. James will not advise the Cavs on free agents. He'll wait to see what they can get done in free agency to give them the most financial flexibility before they re-sign him, then he'll re-up on whatever long-term or short-term deal he wants. 

Don't get excited, LeBron's not going anywhere. 

LeBron James (and presumably this hat) won't be going anywhere.   (USATSI)
LeBron James (and presumably this hat) won't be going anywhere. (USATSI)
CBS Sports Writer

Matt Moore's colleagues have been known to describe him as a "maniac" in terms of his approach to covering the NBA, which he has done for CBS Sports since 2010. Moore prides himself on melding reporting,... Full Bio

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