Lebron James

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CLEVELAND -- Two people familiar with the negotiations say LeBron James has agreed to a one-year, $23 million contract with the Cavaliers for next season.

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OAKLAND, Calif. -- A person with knowledge of the deal says the Golden State Warriors have agreed to trade former All-Star forward David Lee to the Boston Celtics for Gerald Wallace.

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With the Sixers in need of guard help and Sam Hinkie saying the team will be "discerning" in free agency, we take a look at

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CLEVELAND -- A person with knowledge of the decision tells The Associated Press that LeBron James will not exercise a $21.6 million option on his contract, making him a free agent on July 1.

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First, Kimmo Timonen. Now, Andre Iguodala.

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