LeBron James understands why there are persistent New York rumors surrounding him, and he doesn't expect them to dissipate.

"Because how bad New York [teams are] and they're looking for a guy who can help change things around and because how close I am to Jay-Z [part owner of the Nets], there are questions about that every day," James said.

"I'm fine," James said. "I'm happy where I am. Being home is meaningful to me."