LeBron James is heading back to free agency.

James has told the Miami Heat that he is opting out of the final two years of his contract, his agent, Rich Paul, told The Associated Press on Tuesday. And with that, James will become a free agent on July 1.

"I have informed the Heat," Paul said.

That does not mean James is leaving Miami — but there's no guarantee that he'll be in a Heat uniform next season, either. A person briefed on the matter and familiar with James' thinking told AP that he has not decided where he will play next season.

Andy Lyons/Getty Images
Andy Lyons/Getty Images
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