James opted out of the final two years and $42 million of his contract with the Heat on Tuesday. Wade and Bosh have until midnight on Monday to decide if they will follow suit.
The meeting included a meal at a South Beach eatery, the Miami Herald reported.
In 2006, James, Wade and Bosh consulted each other before signing matching three-year contract extensions that made them all free agents in 2010. That year, they all signed deals that gave them matching opt-out clauses for this week.