Speculation is running wild about whether LeBron James will remain with the Cavs next season or take his talents to another NBA team.

Either way, the King's commitment to kids in his hometown of Akron will remain strong.

On July 30, the I PROMISE School on West Market Street will open for 240 third and fourth-graders.

The school is a partnership between the LeBron James Family Foundation and Akron Public Schools and is the culmination of James' I PROMISE Program which encourages kids to finish school.

By 2022, the building will house nearly 1,000 students from first through eighth grades.

"LeBron has a vision that wants to ensure that kids just like himself get the supports and the foundation that they need in order to be successful," said Brandi Davis, the school's principal.

The school is meant for kids like Ayonna Worley, a third-grader who has fallen behind in reading and math.

Her mother, Toynika Lee, said the I PROMISE School will provide the extra help she was seeking for her 8-year-old daughter.

"It was a blessing in disguise when we got the letter that she was accepted into the LeBron James school," Lee said.

Students who meet certain requirements through the school will earn four-year scholarships to the University of Akron.

Parents like Lee are blown away by the generosity of James and his foundation.

"It's fabulous. He has done so much for the community," she said.

Davis said the school will have three guiding principles: a STEM hands-on curriculum, trauma enforced supports to assist kids with issues that affect them negatively in the classroom, and complete family wraparound services.

"We do realize that we need to make sure that we are creating that nurturing environment for our students," Davis said.

The classroom will be painted in the school's colors of black, gray and white and "I PROMISE" and "Family" themes will be prominent throughout the building.