Details are still being finalized and although no contracts had been signed by late Tuesday, an official announcement about the game and ticket information for the contest is expected Wednesday. The game will be played at Florida International, where Basketball Hall of Famer Isiah Thomas is a coach.
FIU's gym can hold around 5,000 fans. University officials said they expect the game to quickly sell out. All proceeds will go to charity, with at least some of that money earmarked for educational programs in South Florida.
The game would be the latest in a series of exhibitions NBA players are participating in this offseason during the league's lockout. James has appeared in several of those contests, including one on Sunday in Philadelphia, where he scored 43 points.
It will be the first time James, Wade and Bosh take the court together since last season's NBA finals. Heat teammate Mario Chalmers has also agreed to play in the game, as have former Miami forwards Caron Butler (who spent last season with Dallas) and Dorell Wright (now with Golden State).
Other players who have agreed to take part so far include: Jamal Crawford, Rudy Gay, Jonny Flynn, Eric Bledsoe, Lou Williams, Wesley Matthews and Eddy Curry. Many of those have spent at least some time this offseason working out in South Florida.