It was bad news for Cleveland Cavaliers fans but hardly shocking. LeBron James implied at the launch of his new shoe the Air Max LeBron VII that he plans to test the free agent waters next season. He stated:

"I signed a contract in 2006 with an option. It would make no sense for me to sign that contract if I didn't keep my options open. I'll let you fill in the blanks."

Many observers feel that unless the Cavs win a championship, the Akron native will bolt to New York City to play for either the New York Knicks or New Jersey Nets who will be moving to Brooklyn in the coming years.