http://www.realgm.com/src_wiretap_archives/42802/20061020/high_level_source_lebron_will_opt_out_in_2012_to_join_knicks/

New York Post - A high-level source 'swears' LeBron James will opt out of his contract following the 2011-2012 season in order to become a member of the Knicks.

This according to Peter Vecsey of the New York Post, in an article about a feud between Isiah Thomas and Greg Anthony.

Many analysts and columnists have conjectured that signings by Thomas of players such as Vin Baker and the selections of Rendaldo Balkman and Mardy Collins, all clients of James' agent at the time, are attempts to win favor with the said agent. Both Anthony and Vecsey have speculated on this possibility.

I usually don't get too into this kinda stuff, especially when 2012 is 6 years away, I mean honestly, how could anyone know he will DEFINITELY opt out in 2012 to join the Knicks?

Still cool none the less.

well in 6 years, lebron should be getting 2 or 3 microfractures on his knees so yeah, that sounds about right.

Peter vecey always says **** like this

Must be slow over at the NY Post ...

Posted by nyk4ever:

I usually don't get too into this kinda stuff, especially when 2012 is 6 years away, I mean honestly, how could anyone know he will DEFINITELY opt out in 2012 to join the Knicks?

Still cool none the less.

typical Vecsey sarcasm

yeah, I mean, who cares? If Lebron wins a championship or two before then, his plans might change.

6 years from now Lebron might not be able to even clap boards.

Posted by djsunyc:

well in 6 years, lebron should be getting 2 or 3 microfractures on his knees so yeah, that sounds about right.

These are the kinds of things I been saying about Lebron re-signing with Cleve. I thought that was a dumb move to sign for so long with one team. I'm afraid by the time we get a shot at him, he'll start having problems and if he were to start winning championships with Cleve, then why would he start over and come to us anyway. Prior to his signing that dumb contract, 'now' whould have been the right time to make the move. I just don't get dumb Lebron! He is dumb, dumb, dumb, dumb, dumb! I don't want him in New York. These players are just stupid for not coming to New York were they can have everything! Are management has been equally stupid for signing all of those rediculous contracts, that tied us up for so many years now. When you think about the timing of all of this, it really, really doesn't make any sense. It's like a damn bad habit! In other words, 'lets play for someone else and when I'm older and breaking down, I'll go to the Knicks'! Dumb!!! Dumb!!! Dumb!!! Lebron can go to hell as far as I'm concerned.

Posted by Rich:

I can't believe they print this ****. Six years is an eternity in sports.

Especially in Knicks world. Tell me about it!

The 21-year-old agreed to a three-year contract extension worth about $60 million US, which will keep the all-star forward with the Cavaliers through the 2009-10 season.

It includes a player option for a fourth year.

James' extension is for two fewer years than the deal the Cavs offered, a five-year package worth about $80 million US.

By the summer of 2010, James will be a seven-year veteran with the option of seeking a new contract as an unrestricted free agent, making him eligible to negotiate a maximum contract worth 30 per cent of the salary cap.

http://www.cbc.ca/sports/story/2006/07/12/nba-cavaliers-james.html

Just to be clear.. the article states:

A high-level source 'swears' LeBron James will opt out of his contract following the 2011-2012 season

His current contract ends 2010.
To speculate he will opt out of some future contract is asinine.
If he is ever coming to the Knicks it would be when his current contract expires...
common sense..