Lebron James has been talking with some representatives with his new teammates at the Cleveland Cavaliers' training facility and Eric Bledsoe, a non-teammate. The future of Bledsoes with the Phoenix Suns, his present team, has been in the hot water recently, because of contract negotiations and wage demands. The situation is more complex because Blesoe is a limited free agent; it makes his transfer fee difficult and costly. Lebron posted in his Instagram post on what he thinks about Bledsoe's free agency:
"Great work today lil bro @ebled2!! Future All-Star in this league in no time. PHX break bread. #Klutch #Work #GymRats #StriveForGreatness" This means Suns should give Bledsoe the $48 million maximum contract. Another option is to pay $3.7 million varying the offer that would let Bledsoe be an open/free agent.
After the last NBA season, Lebron opt out of Miami Heat and went on with free agency.
The decision of terminating the contract with Miami Heat is after the frustrating performance by the team versus San Antonio Spurs, who won five games over the Heat. The Heat won two championships since James ended his contract with Cleveland Cavaliers in 2010 and transferred to Miami Heat. This coming season, Lebron will be coming home to Cleveland Cavaliers.
The reality still remains that Lebron James and every other first rate player in the NBA, like Chris Paul and Kevin Durant are underpaid as well. It may sound silly to characterize an NBA superstar paid $19 million as underpaid. The collective bargaining agreement between player's union and the league's owners is not favorable to NBA's top superstars. The bargaining agreement implements the ceiling on any player's rate. It varies based on the years of service in the basketball league, as for Lebron, it is less than he could profit on the open market.