AP sources: LeBron declines option, becomes free agent

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LeBron James made the first move. James told the Cleveland Cavaliers that he is not exercising his $35.6 million contract option for next season and will hit the free-agent market, two people familiar with the decision told the Associated Press. James had until 11:59 p.m. to express his intentions to the Cavs and his agent Rich Paul informed the team Friday morning, said the people who spoke to the Associated Press on condition of anonymity because the sides are not publicly commenting on moves ahead of free agency opening Sunday.

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