James can pick up the option and remain with the Cavaliers, pick up the option and orchestrate a trade to another team, or he can decline the option and become a free agent.
According to ESPN, James is unlikely to visit other teams or take an audience with suitors as he did in past free agent circuits.
James is expected to opt out of his player option later this week, clearing the way to enter the open market and potentially leave the Cavaliers for the second time in his career.
James has played in the NBA Finals eight consecutive years.
By keeping their draft pick and drafting Collin Sexton, paired with general manager Koby Altman's statements about the Cavs being in the "player development business", for the "first time" in a long time, it seems like they're building towards a post-LeBron future. There are two that are standing out, two more that could be legitimate contenders, and one potential dark-horse in the race.
When it comes down to it, the Cavs, Lakers, Sixers and Rockets are his most likely destinations as a free agent.
Isaiah Thomas #7 of the Los Angeles Lakers attempts a basket against Isaiah Taylor #22 of the Atlanta Hawks at Philips Arena on February 26, 2018 in Atlanta, Georgia.
Before he joined the Heat, James had meetings with the Chicago Bulls, New York Knicks, Brooklyn Nets and Los Angeles Clippers, where team representatives pitched the All-Star with personalized presentations and marketing plans.
Money has never been James' main motivation and he's made it more than clear he's still in "championship mode." And in just a few days, they may know what exactly else it is they'll be going against.
This summer, LeBron James remains the name who may shape much of what happens in National Basketball Association free agency.