Charles Krupa/Associated Press

Cleveland Cavaliers superstar LeBron James is reportedly meeting confidants at a Caribbean location dubbed "The Decision Cave" to weigh his options for the future.

On Friday, Brian Windhorst of ESPN (via Deadspin's Giri Nathan) provided an update on James' decision-making process after Joe Vardon of Cleveland.com reported the four-time NBA MVP's agent informed the Cavs he's declining a player option in his contract to become an unrestricted free agent.

"He's planning on having a meeting with his closest advisors and friends," Windhorst said. "I believe, you know, he's still in the Caribbean, and I believe that his friends have come there and they're gonna huddle there. They have what they call 'The Decision Cave.'"

Windhorst would later clarify his usage of cave:

The latest betting lines from OddsShark list the Los Angeles Lakers (-155) as the favorite to sign James in free agency. They are followed by the Cavaliers (+200), Philadelphia 76ers (+550), Boston Celtics (+900) and Houston Rockets (+950).

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Although LeBron hasn't publicly commented on the teams he's considering, it's believed the 33-year-old Ohio native is seeking a quick resolution to his trip into the open market.

That means The Decision Cave figures to become an active place over the next couple days.