Updated: April 2, 2010, 4:54 PM ET

1. How Will The LeBron Situation Play Out?

ESPN.com

Henry Abbott, TrueHoop: After seeding the market to give himself maximum opportunities to join a winner in a huge market and advance the value of his personal brand, the reality on the ground is that, as those opportunities shape up, there will not be a situation out there markedly more appealing than Cleveland, where he can get a better NBA contract.

J.A. Adande, ESPN.com: Winning a championship makes it easier for LeBron to leave with no regrets. He could still have hometown hero status and try something new. But if it doesn't happen this season, suddenly this is a getting-older team that hasn't done anything.

Chris Broussard, ESPN The Magazine: At this point, I don't think even LeBron knows for sure what he's going to do. Cleveland is the heavy favorite, but you can't completely write off Chicago and New York, which is a city he truly loves. LeBron knows it's all about the rings and of the realistic possibilities, Cleveland and Chicago give him the best chances of winning.

There is good logic out there that LeBron will sign a short, three-year deal with Cleveland, which makes sense basketball-wise. The problem is that if the new collective bargaining agreement is as bad for the players as expected, he'll never make up the money (at least not in b-ball salary) he leaves on the table. Either way, at the end of a dramatic run of tours, I think LeBron remains with the Cavaliers.

John Hollinger, ESPN.com: I think he'll do the full wine-and-dine with all of his pursuers, spend lots of time basking in the spotlight, soak up all the attention and free press ... and then re-sign with Cleveland. But he might only do a three-year deal.

Chris Sheridan, ESPN.com: First it must be said that whether he ends this season with a W or an L will be a major, major factor, but I expect the Knicks to make a full-court press either way, even if that includes waiting at the foot of his driveway until 12:01 a.m. on July 1. The Knicks have to give it their best shot either way, and they'll want to know what LeBron's timetable will be, and what other pieces LeBron would want to add to the roster if he came. I'd imagine Miami will make a bigger push than people might expect, with Riley the Recruiter selling sunshine and a chance to team with D-Wade and another, lesser unrestricted free agent.

Marc Stein, ESPN.com: Get ready for a media frenzy like you've never seen before in this league. All signs point to LeBron entertaining numerous offers and holding up the whole league for several days in early July while he decides where to play, which translates to in-home visits with several teams to make up for the college recruiting frenzy he never experienced and the very real possibility that even Wolf Blitzer will be giving live LeBron updates on CNN.

The Cavs, though, remain the overwhelming favorite to get LeBron's signature, mainly because owner Dan Gilbert's deep-pocketed determination to make sure LeBron is always surrounded by a title-contending supporting cast will be hard to walk away from. LeBron needs championships (plural) on his résumé to truly reach global-icon status and Gilbert has proven he's willing to spend whatever it takes (witness all the extra salary Cleveland took on in February to acquire Antawn Jamison) to make sure LeBron has that opportunity. LeBron can also sign that shorter deal everyone's talking about to ensure the Cavs' commitment doesn't change.

2. Legler: Will LeBron Stay In Cleveland?

3. Top 30 Free Agents

Chad Ford
ESPN.com

James
James

1. LeBron James, Cavaliers (PO)
The ongoing buzz surrounding LeBron's foray into free agency this summer has been the loudest in NBA history. Several teams have focused their entire strategy on having a chance to sign him or another superstar on this list.

But will LeBron actually leave Cleveland? The Cavaliers did their part in trying to convince him to stay when they pulled off a deadline deal for Antawn Jamison, who should help give LeBron his best shot at an NBA title.

Still, other teams will make a run at him, offering him a bigger market or more talented teammates.

The New York Knicks and New Jersey Nets were thought to be his biggest suitors, and they'll both have the money to pay him. But both teams are so depleted from a talent standpoint that he might not want to join them. A couple of other teams, including the Miami Heat and Chicago Bulls, also will be far enough under the cap to pay him if he wants to go to a team that already has a superstar (D-Wade) or potential superstar (D-Rose) on the roster. And don't count out the Los Angeles Clippers, who have a lot of talent and the cap room to pay him after their deadline moves.

While I think LeBron ultimately will stay in Cleveland, he will create some thrills and very worried Cavs fans if he shops around this summer.

Wade
Wade

2. Dwyane Wade, Heat (PO)
Wade's potential departure hasn't had nearly the same hype as LeBron's, for two reasons: (1) most people in the league believe Wade wants to stay in Miami, and (2) he turned 28 in January, so he's not the young franchise cornerstone LeBron is.

Still, there will be plenty of teams interested in Wade, especially the Chicago Bulls, who will try to court him back to his hometown. But the Heat will use Wade as a recruiter in an attempt to get one or more of the top free agents to come to Miami instead.

For the rest of Chad Ford's list, click here. Insider

4. Which Teams Have Cap Room?

By Kevin Arnovitz
TrueHoop

After the madness of trade season, several teams have lined themselves up to be in position -- or very close -- to sign a maximum-salary player this summer. Calculating exactly how much money each team has to spend is a tricky exercise. There's a lot we don't know -- the salary cap figure, where each team is picking in the draft (which affects their budget), whose team options will be picked up, which guys will exercise their early termination options, and other smaller variables.

The figure listed beside each team represents their projected 2010-11 team payroll, which includes all options (team, player and early termination options) as well as conditional contracts. To estimate how much cash each team has available to spend under the cap, we're going to project a salary cap number of $53.6 million.


Miami Heat: $30.67 million in 2010-11 payroll
We should assume Dwyane Wade will opt out of the final year of his $17.15 million contract. That leaves Michael Beasley and Daequan Cook as the only players the Heat are locked into, and their combined contracts total $7.13 million for 2010-11. Miami also has a couple of mid-first-round draft picks (theirs and Toronto's), which would commit them to another $2.5 million. Miami owns a $4.6 million team option on James Jones and a very reasonable $847,000 team option on young point guard Mario Chalmers. (Hypothetically, let's say they decline the first option and pick up the second.)

Even after you include roster charges for five players (let's assume the other two roster spots are filled by big names), the Heat have bundles of money to spend (almost $40 million!), enough for two maximum contracts -- so long as Wade is one of them, since he'll count against their cap number. After that, they could still throw max dollars at one of the other marquee names.


New York Knicks: $18.64 million in 2010-11 payroll
No team in the league has been more aggressive about ridding themselves of contracts that extend past June, a process that continued Thursday when the Knicks unloaded Jared Jeffries in a three-team deal with Houston and Sacramento.

That leaves Danilo Gallinari, Wilson Chandler, Toney Douglas and Eddy Curry ($11.28 million player option) as the only figures on the books headed into the summer, totaling less than $18 million for those four players. Add eight minimum roster charges (the Knicks don't have a first-round pick) and you get a hair over $21.5 million, leaving New York with just enough money to extend two max contracts. They'd have to completely gut their roster to sign two max guys, and would have little to no chance to retain David Lee, whose rights they'd have to renounce.

To read the entire TrueHoop post, click here.

5. New York State Of Mind

By Chris Sheridan
ESPN.com


GREENBURGH, N.Y. -- Everyone knows what Plan A is, so we won't even bother cluttering this first paragraph with the name of a certain physical freak from Cleveland who has been flirting with New Yorkers for two years.

It's when you look beyond that plan -- and whether it succeeds or fails -- that you run into the brick wall of mystery when quizzing Knicks president Donnie Walsh about the myriad possibilities.

There are so many of them, plus so many other variables still to be determined between now and July 1, that there really isn't yet a Plan B, a Plan C or a Plan D firmly in place.

What's important, Walsh insistently says, is that the options are going to be so plentiful that there could be a dozen or more scenarios that might eventually make sense -- and not all of them involve spending all of the $33 million to $34 million in salary cap space the Knicks expect to have when the free-agent market opens for business July 1.

"That's the beauty of having the ability to have two," Walsh said with a hearty laugh, referring to the option of being able, with a little more maneuvering, to sign two maximum salary free agents in what will be the most star-studded free-agent class in NBA history. "I can't answer every question as to what if this guy does this, and another guy does that. But basically we're in a position where we can go out and make offers, and we will with whoever's out there."

NBA tampering rules prohibit Walsh (and officials from other franchises) from publicly discussing players currently under contract to other teams, but Walsh was willing to speak in general terms as he sat with ESPN.com for nearly an hour on Tuesday discussing the two years that have passed, the five years that lay ahead and the anxiety and excitement that come along with looking three months down the road to when the Knicks will have the ability to be free spenders on the free-agent market for the first time since 1996.

To read the entire column, click here.