The New York Post has just reported that Lebron James has booked a large number of rooms at a South Beach hotel, and that he is planning a party in Miami.

LeBron James is ready to party it up in what may be his new basketball home.

James has booked 25 rooms at the W Hotel in South Beach starting tonight, a source told the Post. That fuels speculation that James will announce that he will sign with the Heat tonight at 9 p.m. during an ESPN special.

Though the Knicks are still clinging to a sliver of hope, they have heard through back channels that James is not likely headed to the Big Apple.

A source connected to James said, “ You should be writing about the Heat,’’ and there are multiple reports saying James is likely to join Pat Riley’s Miami club. The Knicks also believe Cleveland is still in the running and ahead of them in the chase for James.

We certainly hope this report proves to be false.

The Knicks can’t be happy right now.

–Crack (