Lebron James has spoken publicly for the first time about his plans in free agency.
King James told Larry King that the Cleveland Cavaliers "have an edge" when it comes to signing him once free agency starts July 1.
Lebron was signed out of high school by the Cavs and has played his entire seven year career there. He's made the All-Star team six times averaging 27.8 points per game.
While he's led the Cavs to the playoffs five times, including one NBA Finals, the team has yet to win a championship.
At only 25 years old, James is just reaching his peak. And although he told King he is leaning towards staying in Cleveland expect the New York Knicks, Miami Heat, New Jersey Nets and Sacramento Kings to make strong pushes to try and sign him.
Lebron also told Larry he will be having a "power summit" with the other top free agents like Dwayne Wade, Joe Johnson Chris Bosh & Dirk Nowitski to discuss where they all might want to play next season.
"It would be fun to get all the free agents together and figure out a way we can make the league better," James said.
The full Larry King interview with Lebron airs tonight on CNN.