Report: Heat to present financial plan to LeBron James in Vegas

Pat Riley will meet with LeBron James on Wednesday.
Pat Riley will meet with LeBron James on Wednesday. (USATSI)

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LeBron James' meeting with Miami Heat president Pat Riley is scheduled for Wednesday in Las Vegas, and details have started to emerge, including the start time: 3 p.m. PT, 6 p.m. ET.

The Heat have already agreed to free-agent deals with Josh McRoberts and Danny Granger, and presumably Riley and Ellsburg would show James the logistics of bringing back Dwyane Wade, Chris Bosh and filling out the rest of the roster.

While Miami does not have much financial flexibility left, the Cleveland Cavaliers made a move Wednesday morning to clear the space to offer James a maximum contract. After inking Kyrie Irving to a maximum contract extension and drafting Andrew Wiggins No. 1 overall, they could be appealing to James, but the best player in the world hasn't yet made his intentions known.

Perhaps this sit-down, which will also include James' agent, Rich Paul, is where he makes his decision to stay with Miami. Perhaps it's when he tells them the other free agents he'd want to play with. Perhaps Cleveland's latest transaction changes everything, perhaps it is irrelevant. No one knows what James is thinking, and much of the league is waiting in limbo.

CBS Sports Writer

James Herbert is somewhat fond of basketball, feature writing and understatements. A former season-ticket holder for the expansion Toronto Raptors, Herbert does not think the NBA was better back in the... Full Bio

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