LeBron James will not participate in the 2014 FIBA World Cup in Spain for Team USA and is doubtful for the 2016 Olympics in Brazil.
James won an Olympic Gold Medal in 2008 and again in 2012.
"LeBron is going to be three years older during the next Olympics. He will have two older boys. He has a lot to endure with his family," the source told Y! Sports. "He played in three Olympics. Everyone that knows LeBron knows it's always based on a decision at that moment. But if the moment was today, the answer would be no."
James will place a higher importance on offseason rest moving forward.
Kevin Durant and Kevin Love have committed to 2014, while Russell Westbrook and James Harden are expected to be play as well.
Jerry Colangelo has not asked James if he will play in 2016.
"I don't think he will ever too old," Colangelo said. "He can be 40 and still be able to play. Think of what he might be able to accomplish in terms of legacy with one more medal.
"We'll cross that bridge later."