ESPN's report that Dwyane Wade and Chris Bosh are headed to Miami leaves us all waiting and wondering on LeBron James.
Accordingly, LeBron announced that he will declare his decision about his future with a 9:00 p.m. EST statement live on ESPN's airwaves.
LeBron is the biggest free agent in NBA history, and thus his announcement could be one of the highest-rated moments of the summer.
But it isn't just this summer, as LeBron's announcement is one of the most anticipated decisions in sports history.
Where does it rank among the biggest announcements in sports history? Look inside to find out.
The winter of 2004 was a hotly contested one between the New York Yankees and the Boston Red Sox.
Both were after the recently expendable Alex Rodriguez, but a spat over contract reconstruction with the Red Sox opened the door for what was viewed as the "mega-merger" of the century in baseball.
A-Rod, fresh off three straight 50-home run seasons, placed the game's top player in the game's greatest franchise. It was not just a landmark acquisition for the Yankees, but impacted the landscape of the game.
Wayne Gretzky was already the Great One before he was traded to Los Angeles in the summer of 1988. But it wasn't just the trading of the NHL's biggest star that sent shockwaves around the NHL.
Gretzky's trade from Edmonton to Los Angeles was the loss of the biggest icon in all of Canada. It can be argued that Gretzky's move from Edmonton significantly and forever altered financial success of NHL teams in Canada.
Gretzky never won a Stanley Cup for the Kings, but the lasting impact of his trade is still an open wound in Canada.
The NFL-AFL Merger of 1970 put an end to the hotly contested and growing competition between the nation's two top football leagues.
Joe Namath's guarantee prior to Super Bowl III (and his proceeding victory) was the nail in the coffin, securing the merger of the two leagues.
The merger paved the way for the NFL to become the most dominant American sports league in decades to come.
Over two years of turmoil regarding a salary cap and adjusted free agency in baseball came to a head in the summer of 1994 when the players proved they were not balking at the threat of a strike.
On Aug. 12, 1994, the MLB Players Assocation enacted a strike that lasted 232 days and cost MLB its first World Series in 90 years.
The resulting disenfranchisement of fans was a gigantic albatross around the neck of MLB for years. But we know what picked the league up.
As stated, LeBron James is the biggest free agent in NBA history. In roughly 36 hours, we will know where King James will sit on his throne for the next six years.
Even now, we do not know where LeBron will go (though we all have inklings). He could create a superteam in Miami, go for the cash in New York, or do the simple thing and return to Cleveland. The world awaits his decision.
For Michael Jordan, 1993 was a headline-grabbing year in many ways. He led the Bulls to the first three-peat by an NBA team in nearly three decades, he lost his father to a tragic murder, and he was exposed for his gambling issues.
Those factors all led to Jordan's show-stopping retirement in October of that year. Citing the loss of his father and a loss of desire in the game, Jordan hung up his sneakers (for the first time), creating headlines around the globe.
Former MLB commissioner Peter Ueberroth and his team spent years researching Pete Rose and the allegations that he bet on baseball. Rose denied the claims, and the case was dropped.
However, upon taking office, new commissioner Bart Giamatti instantly created a legal team headed by John M. Down to investigate Rose. Dowd's investigation (published in the Sports Illustrated pictured above).
Giamatti got the case to the federal court and had the advantage on Rose. Rose, in turn, accepted a lifetime ban from Giamatti. Rose instantly became baseball's biggest outlaw since Shoeless Joe Jackson 70 years earlier.
The date was Nov. 7, 1991 when the Lakers announced "Two o'clock press conference at the Forum. Major announcement about Magic."
No one could have anticipated the words Magic uttered. He was HIV positive and had to immediately retire from the game.
Not only did Magic's announcement shake the ground beneath the feet of the NBA, but it revolutionized the way the American public viewed the disease and its reach.
It's amazing that Tiger's press conference regarding his personal battles could be bigger than Magic's HIV announcement, but in far different media worlds of 2010 and 1991, that was the case.
Every major media outlet was plugged into Tiger Woods' 15 minutes and millions upon millions of people tuned in for his self-revealing statement
The O.J. Simpson case can be classified as the catalyst for the 24/7 news media.
The nine-month long trial, the longest in California jury history, received round-the-clock coverage and became regular daytime viewing.
It was all over on Oct. 3, 1995 when O.J. was acquitted of killing Nicole Brown Simpson and Ron Goldman. It was a moment frozen in time which nobody can forget where they were when they heard.
I remember. I was in seventh grade gym class and our principal stopped class to announce the verdict on our school's PA system. Where were you?