ESPN chimes in

Stuart Scott will host "The Decision" and be joined by Michael Wilbon and Jon Barry. Jim Gray will conduct the interview in which James announces his decision. Wilbon will follow with interview of his own. Don't expect an announcement before 9:45 p.m. so they can build it up.

Read the full press release from ESPN after the jump.

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One of the most anticipated decisions in the sports world – where NBA superstar free agent LeBron James will play next season and beyond – will be officially revealed on "The Decision," to be presented live on ESPN and ESPN Radio Thursday, July 8, at 9 p.m. ET.

Proceeds from “The Decision” will be donated to Boys & Girls Club of America in support of James’ vision to construct basketball courts for youth across the country. The program will be co-presented by University of Phoenix and Bing. vitaminwater® and McDonald’s will also sponsor the program. In addition, Nike and Sprite are making contributions in support of this charitable initiative. LeBron James and his marketing company, LRMR Marketing, were responsible for securing the sponsors for this unique event.

Maverick Carter, CEO of LRMR, said: "LeBron has a longstanding commitment to giving back to the community and has worked with Boys & Girls Clubs in cities across the country. With the unprecedented attention and interest surrounding LeBron’s decision, we decided to make this announcement on national television and donate the proceeds to Boys & Girls Clubs. We very much appreciate the cooperation and generosity of our sponsors.”

Roxanne Spillett, CEO of Boys & Girls Clubs of America, added: “We were thrilled to hear from LeBron’s organization over this past weekend with this most generous gesture. Taking time out of what I am sure is a most difficult decision, and creating an opportunity for our Clubs and members to benefit, is just tremendous.”

ESPN's Stuart Scott will host "The Decision," and will be joined by ESPN NBA analysts Michael Wilbon and Jon Barry. Freelance reporter Jim Gray will conduct the first interview with James in which he announces his decision. Wilbon will also have an extensive interview with James.

ESPN's 6 p.m. ET SportsCenter will expand to three hours leading into the hour-long "The Decision" at 9 p.m. Following “The Decision,” ESPN will televise an expanded SportsCenter from 10 p.m.-midnight (9 p.m. PT). SportsCenter’s coverage throughout the evening will provide news and information associated with the decision, an overview of the NBA free agency landscape, and a recap of the other sports news of the day. ESPN will also have reporters at the team headquarters of several teams which have been most active in free agency.