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LeBron Watch, 1 p.m.: James reportedly prepares for South Beach celebration 07.08.10 at 1:04 pm ET
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Wherever LeBron James decided to play next season, he’ll be in Florida this upcoming weekend for a celebration on his announcement, according to a magazine report.

Two sources confirmed to UsMagazine.com that James has rented six cabanas at the W Hotel South Beach for the weekend, which could be telling after reports that he’s leaning toward playing for the Heat.

Meanwhile, Cavaliers beat writer Brian Windhorst tweeted that Cleveland is in trade talks for Timberwolves point guard Jonny Flynn, who is represented by the same agent as James.

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