FAQ: What's the deal with LeBron's contract?

Updated: July 11, 2006, 3:30 PM ET
By John Hollinger | ESPN Insider
Cleveland forward LeBron James is currently negotiating a contract extension with the Cavaliers. Reports indicate he may seek a contract for four seasons rather than the maximum five, with an option to become a free agent after the third year (2009-10).

Here's a brief FAQ on James' situation and where it might be headed:

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