MVP heads to Miami

>>> not a basketball fan, chances are you have got an opinion about this one. after months of speculation, chris bosh makes -- no, no, kidding. lebron james makes the decision.

>> this is very tough. i'll take my talents to south beach and join the miami heat .

>> well, heartbreak in cleveland. and then happiness in the sunshine state . fans are already dreaming about the potential powerhouse they'll be putting on the court there. nbc's tom costello live for us in miami. tom, first of all, unbelievable that you have this duty today. but what's interesting is that the criticism that's coming today against lebron james has to do with how he went about saying no to cleveland but he did do something we don't see athletes do which is he left money on the table to go win a championship.

>> reporter: yeah. i know. it is amazing. by the way, i thought you were on vacation and nice to see you. here in your hometown, you are in my home state. take a look at the headline. here's "the miami herald ." royal court . king james coming to town. sports section says "jackpot." at the aaa, americanairlines arena , expecting great things in this year. as you mentioned, it is not just lebron james but chris bosh and also d. wade and the three of them made agreement back in 2008 during the olympics that they're going to play together again. this time, do it in the nba and going to go for the gold. and the talk is this may be the year that they can do it. now, they have got -- the view of many, they have the lakers in their sight. keep in mind, the cavaliers fell short, of course, they actually came out in the semi finals and the same thing with the miami heat . they lost in the first round of the eastern conference . so you have got the three players coming together again to join this -- to create a tri if he can that, if you will, of power. even folks not big nba fans will have to be in awe of the power that's coming on to the court here but as you mentioned lebron james left money on the table. he has a bigger offer elsewhere with the cavaliers who decided, no, i'm going to give this a shot and see how it goes. do you have that comment that the --

>> yes.

>> the owner of the cavaliers made.

>> i was going to read it. apparently hell hath no fury like an owner scorned. you simply don't deserve this kind of cowardly betrayal, this shocking act of disloyalty from our home groun quote chosen one. sends the exact opposite lesson of what we would want our children to learn. tom, it didn't stop there.

>> he had a long letter and said id personally guarantee that the cleveland cavaliers will win a nba championship before the self-titled former king wins one. i mean, it goes on and on and on. it's a tough letter but clearly the cavaliers have at this moment no love lost for the king.

>> all right. tom costello, i have to say, you know, savannah, the cavs' owner yesterday lost $200 million in value. potentially. maybe, maybe that explains the bitterness there. sometimes it's about money more than anything