Miami Heat owner "shocked and disappointed" by LeBron James decision

Miami Heat owner Micky Arison has revealed that he was "shocked and disappointed" to hear that LeBron James had decided to rejoin the Cleveland Cavaliers.

The four-time MVP confirmed his decision to move back to his hometown team earlier today, having opted out of his contract with the Heat earlier this off-season.

Arison wrote on Twitter: "I am shocked and disappointed in today's news. However I will never forget what LeBron brought us for four years. Thanks for memories @KingJames."

James began his NBA career with the Cavaliers before moving to Miami in 2010.