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LeBron James Spoke To 1 NBA Team Just After Midnight

LeBron James announces his free agency decision in 2010.

LeBron James is officially an NBA free agent. The league's free agency period began shortly after midnight today. There are, of course, several teams interested in pursuing the league's best player, but how many teams is LeBron actually considering?

Not many. LeBron is believed by most to be down to the Cleveland Cavaliers and the Los Angeles Lakers.

LeBron was spotted landing on a private plane in Los Angeles earlier on Saturday, but that doesn't necessarily mean he's Lakers bound. He has a couple of homes in Los Angeles and often spends his summers in Southern California.

The three-time NBA champion was not on the phone with the Lakers at 12:01 a.m. E.T., either. He was on the phone with another team.

ESPN NBA insider Dave McMenamin reports that LeBron was on the phone with the Cleveland Cavaliers and general manager Koby Altman at 12:01 a.m. E.T.

Altman spoke with both LeBron and his agent, Rich Paul.

"Cavs general manager Koby Altman spoke to both Rich Paul and LeBron James over the phone at 12:01 a.m., sources tell ESPN," he tweeted.

LeBron will reportedly not be taking any big meetings with teams in free agency. He and a close team around him have done all of the research needed when it comes to knowing what is on the table for LeBron in free agency. They were mulling things over in a "decision cave" in the Caribbean earlier in the week before coming back to the states.

At this point, it does seem like LeBron will either end up in Los Angeles or Cleveland, and while the Lakers are the clear favorite at the sportsbooks, you probably shouldn't count the Cavaliers out.

LeBron will likely be taking at least a couple of days to make his decision. Most believe it'll be done before July 4, though. Stay tuned.