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NBA: Agent says, LeBron opts out of Heat contract

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June 24 (Reuters) - LeBron James's agent Richie Paul has told the Miami Heat his player will exercise an early termination option and become an unrestricted free agent, ESPN reported on Tuesday.

Four-times National Basketball Association Most Valuable Player James had until June 30 to decide whether to opt out of the final two years of his contract.

He was due to earn $20 million next season. Qualified players become free agents on July 1.

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