After briefly considering retirement following the Miami Heat's loss in the NBA Finals, Ray Allen is leaning toward returning for a 19th season in the NBA, according to sources.

Allen has a desire to continue playing alongside LeBron James, whom he developed a close relationship with during their two seasons together in Miami, whether it is with the Heat or another team. James and Allen vacationed together last week after the Heat were beaten in the NBA Finals by the San Antonio Spurs.

James notified the Heat on Tuesday that he is opting out of his contract and will become an unrestricted free agent on July 1. Both James and Allen will be unrestricted free agents. Miami's Dwyane Wade and Chris Bosh could choose to opt out as well. Neither has announced his plans.

"No news here yet," Wade said Tuesday.