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LeBron James: HEAT Will Be My New Team

Lebron James Heat

First Posted: 07/08/10 10:27 PM ET Updated: 05/25/11 06:00 PM ET

LeBron James has announced that he will sign with the Miami Heat. The two-time NBA MVP will join stars Dwyane Wade and Chris Bosh, both of whom committed to the Heat on Wednesday, to form a fearsome trio in Miami. James made his choice during a widely criticized live broadcast on ESPN.

"I think the major factor and the major reason was the best opportunity to win, and to win now, and to win into the future, also," he said during the announcement, devastating Cleveland fans in a cold, nationally televised rebuke. "Winning is a huge thing for me.... I've done some great things in my seven years and I want to continue doing them."

(UPDATE: SCROLL DOWN TO SEE LEBRON EXPLAIN HIS DECISION)

"Well, the numbers are not finalized. I think my agent, Leon Rose, will take care of that," James added. Fellow superstar and future teammate Wade told ESPN that "it's going to be crazy," and Bosh tweeted his excitement: "Yeeeeeeeeeeeeeee eeeeeeaaaaaaaaaaaaaaaaaaa aaaaaaa!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!"

Scroll down for more from the AP as well video of the announcement.

LeBron James wanted to play with Dwyane Wade and Chris Bosh. The only place that could happen was Miami.

Get ready, NBA: A superstar trio is born.

Ending weeks of silence and drama, the two-time MVP said on his ESPN special from Greenwich, Conn. on Thursday night that he's decided to join the Miami Heat and leave the Cleveland Cavaliers after an unsuccessful seven-year quest for the championship he covets.

"I can't say it was always in my plans, because I never thought it was possible," James said. "But the things that the Miami Heat franchise have done, to free up cap space and be able to put themselves in a position this summer to have all three of us, it was hard to turn down. Those are two great players, two of the greatest players that we have in this game today."

Olympic teammates in Beijing, James, Bosh and Wade all helped deliver gold medals.

This time, it'll be about a gold trophy, the NBA championship one - the one Wade got in 2006, the one that James and Bosh have yet to touch.

"Winning is a huge thing for me," James said.

It's a huge victory for the Heat, who got commitments from Wade and Bosh on Wednesday. That duo, along with James, formed the upper echelon of the most-celebrated free-agent period in league history.

Heat president Pat Riley landed them all, a three-pack of stars to help shape his quest for a dynasty in Miami.

And for Cleveland, a city scorned for generations by some of sports' biggest letdowns, James' long-awaited words represented a defeat perhaps unlike any other.

James is gone. Home sweet home no more.

He said he made the decision Thursday morning and knows it won't go over well in Ohio.

"They can have mixed emotions, of course," James said, adding that Akron will "always be home for me."

His new home - part-time or otherwise - wasted no time in beginning the celebration. Horns honked outside the arena and on Miami Beach, where Wade was watching the announcement with members of his inner circle.

"It's going to be crazy," Wade said.

James, Bosh and Wade entered the pros in the same year, the respective Nos. 1, 4 and 5 picks in the 2003 draft. They went their separate ways: James to Cleveland, Bosh to Toronto and Wade to Miami, where he won a championship partnered with center Shaquille O'Neal in 2006. That year, James, Bosh and Wade all signed matching contracts to make sure they were all unrestricted free agents at the same time.

Season-ticket sales for the Heat's coming 41-game season were suspended Thursday afternoon after the entire supply of available seats were sold out. Not every seat has been released for sale yet and some will be held back for single-game purchases at the 19,600-capacity arena.

"I'll believe it when I see it," Louisville coach Rick Pitino said while attending a tournament of high school stars at Cleveland State University, co-sponsored by James and Nike, one of the 25-year-old's corporate partners.

Believe it.

The Cavaliers, a franchise that was in ruins before winning a lottery drawing and bringing James up Interstate 77 from his Akron home, have had the upper hand - until now. They were able to offer him more money - $30 million more - than any other team.

This wasn't about money, though.

Wade and Bosh both said they would take fewer dollars to make this happen. And that, combined with what Riley and Heat coach Erik Spoelstra said to James on the recruiting tour, was enough to pull off the stunner.

Because they have overspent while trying to please James and win the first title by any of Cleveland's three pro sports teams since 1964, the Cavs are strapped with a few big contracts that have eaten up salary-cap space and prevented them from making roster moves to improve the team.

They've come close to winning it all with James, who at 6-foot-8 and 260 pounds has the quickness of a point guard and brute force of an NFL defensive lineman.

With the possible exception of Los Angeles Lakers superstar Kobe Bryant, James is the NBA's premier player, but his legacy cannot be fulfilled until he wins a championship.

If it's going to happen soon, it'll happen in Miami.

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LeBron James has announced that he will sign with the Miami Heat. The two-time NBA MVP will join stars Dwyane Wade and Chris Bosh, both of whom committed to the Heat on Wednesday, to form a fearsome t...
LeBron James has announced that he will sign with the Miami Heat. The two-time NBA MVP will join stars Dwyane Wade and Chris Bosh, both of whom committed to the Heat on Wednesday, to form a fearsome t...
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07:42 PM on 07/25/2010
We've already seen an uptick in buyer activity due to LeBron James pending relocation to Miami. Especially here in Miami Beach, this has been a much needed shot in the arm. This man is an economic and PR powerhouse!

http://www.thekleerteam.com/blog/2010/07/The-latest-Miami-Beach-Condominium-Sales-Comparing-2009-Tax-Assessed-Values-vs-Actual-Sales-Prices.htm
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Luv2Purple
Entrepreneur - Lover of life, dreamer of dreams!
08:01 PM on 07/15/2010
““1) BACK2BACK DEFENDING WORLD CHAMPION LA LAKERS w/ real mvp KOBE!
2) Chicago Bulls
3) San Antonio Spurs
4) Boston Celtics
5) Orlando Magic
6) Oklahoma City Thunder
7) miami heat - call us lebron when you win your seventh ok? LOL”
I predict ZERO titles for the 3 AmEGOS”
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HUFFPOST SUPER USER
StephenJK
All your consciousness are belong to us
08:48 AM on 07/12/2010
King Lebumbummmmmmm....Time for you to find out why you have no clue what you're doing. It takes more than 5 players to win a basketball championship. HAHAH You only have 4 right now. You're in for the biggest let down of your career, son. Losing in the finals was NOTHING compared to the disappointment you will experience this next season. Plus, Miami will be covered in gooey oil by that time. Astronomical expectations rarely lead to success.
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catbite
06:06 PM on 07/11/2010
He isn't too big to fail. Ask Tiger about that one.

And if he thinks that he gets to play hoops with his friends and not need to score 30 pts a night, the Miami Heat won't like it much that he's definitely overpaid. And Lebron, don't try pulling the stunts in the restaurants and clubs of Miami like you did in cleveland. Down there, people use guns and don't worship you. LOL.

Somehow this all seems familiar: Mike Tyson, MC Hammer.
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HUFFPOST SUPER USER
ECB
Your micro-bio is empty
06:19 PM on 07/10/2010
Good Luck LeBron !
04:50 PM on 07/10/2010
Miami = learn Spanish quick.
04:49 PM on 07/10/2010
Who cares?!
03:44 PM on 07/10/2010
He wasn't qualified to carry on MJ's legacy in Chicago.

Now I can go back ignoring the NBA.
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HUFFPOST SUPER USER
Minnehaha
Ohio Buckeye
02:22 AM on 07/10/2010
I just read that LeBron and his two stooges arranged and plotted this entire move. They have planned this for over a year . Now if Stern really cared about the game of basketball he would deem this behavior illegal. He tells players how to dress and behave, but turns a blind eye to professional collusion. All the teams that came into Cleveland to meet with Lebum were made fools of, it was all a farce. Gilbert probably found this out and that is why he was so enraged. Smaller markets don't have a prayer, if this underhanded crap continues. Go into the Christian Scientist Monitor and read the entire article. I for one hope that Karma catches up with the three of them quick, fast and in a hurry.
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01:40 PM on 07/10/2010
The Delonte West, Gloria James thing was only leaked as a cover for what was really happening.
11:01 PM on 07/09/2010
The Bulls have become irrelevant on the Chicago sports scene, and this doesn't help!
03:44 PM on 07/10/2010
Go Hawks, Go Sox!

No one cares about the Bulls.
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StephenJK
All your consciousness are belong to us
08:29 AM on 07/12/2010
They are now projected, afaiac, as the number 3 team in the east behind Boston and Miami...I WILL be watching a lot of winning this season...
07:50 PM on 07/09/2010
I don't see the combiation of James and Wade. Their games are too similar. Whenever a team has had two or three stars they are always at different positions with different games. Just take the big three in Boston. A Center, a slasher, and an outside shooter. And let's say Wade starts out better and is scoring more per game than LeBron. That's never happened to LeBron in his life, do you think he'll settle for that or do you think he'll start shooting more than passing? You can't win with three stars, you need role players and a bench. They played together in the Olympics but that's only a few games. I don't see them winning a title the way their team is now.
07:20 PM on 07/09/2010
The sad thing is that Lebron James worked and played his heart out for this P.O.S. Dan Gilbert whose thinks Lebron's mission is to stay under his thumb and make him rich. Dan Gilbert you are the one that is narcisstic. Slavery is over. LeBron doesn't owe you. He brought his skills with him when he came to play for your sorry team. You didn't teach him basketball. He made the state 300 million a year. You need to thank KING JAMES
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Laws456
Don't believe the Hype
07:19 PM on 07/09/2010
@ commonsense79

The wool isn't over my eyes, he did say he was going to enter the Dunk contest but decided not to, not really a big deal. Did he say he was going to stay in Cleveland? No he didn't, he said he'd weigh his options. He did and South Beach looks way better than Cleveland, especially in January and February.
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05:50 PM on 07/09/2010
Miami get some Vets who hadn't won it yet...

D-WADE,,Zo...Shaq ...JasonWilliam...GaryPayton...UdonisHaslem...Posey....AntioneWalker...

and so far they have

D-Wade...Bosh...LeBron James... (I'm pretty sure they won't have a problem filling the roster with some Vetst who haven't it won it yet)
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rikster
buy the ticket-take the ride
05:25 PM on 07/09/2010
If I was in his shoes..I would have done the same thing. South Beach is much more appealing than anything NYC has.