LeBron James’ free-agency saga on 15 July 2026 is still the NBA’s biggest unresolved drama. The Miami Heat can’t just freeze while the four-time NBA champion weighs his next move.

What’s the Heat’s latest move?

The Heat are chasing the best player left on the market, but they’re stuck in limbo until LeBron James decides. While they wait, Miami is exploring every angle — including a potential Klay Thompson pickup. Thompson is in the final season of a three-year, $50 million deal, but the Heat’s interest hinges on a buyout from Dallas.

What did the insider say?

Bleacher Report’s Jake Fischer told viewers on Tuesday that Miami’s pursuit of Thompson only kicks in if the Mavericks agree to a buyout. Fischer hasn’t heard any signs Dallas is considering that path. Thompson, 36, is owed $17.5 million next season, and Fischer “would be surprised” if he walked away from that money.

Why does this matter for LeBron James?

The Heat’s roster-building hinges on LeBron’s choice. If he returns to South Beach, adding Thompson could give Miami a lethal wing core alongside Bam Adebayo and a core led by Giannis Antetokounmpo. Fischer noted the appeal of a Heat reunion for LeBron, calling it a chance to “make up for that kind of sour exit.”

What happens next?

Miami can’t afford to wait forever. The Heat are already evaluating every scenario, from LeBron’s return to a Thompson buyout. The clock is ticking, and the four-time champ’s decision will dictate Miami’s next move.