And while he did reap the financial rewards that he sought out of last year's free agency experience, he watched as a fan in Miami as his former teammates raised the Lombardi Trophy high a above their heads as World Champions.
On Friday, Colts RB Dominic Rhodes didn't hesitate to follow in James' footsteps, although his payday was much lower by comparison. After six years with the Colts that included an impressive performance in the playoffs and the Super Bowl, Rhodes cashed in with a two-year deal that is reportedly in the range of $7.5 million.
For a former undrafted free agent out of Midwestern State who had to bounce back from a torn ACL injury that he suffered in 2002, that's not too shabby.
Rhodes had visited with the Giants and the Bills prior to his arrival in Oakland on Thursday night. Just as he did in Indianapolis, he's expected to share carries for the Raiders with LaMont Jordan.
"I just want to come in and help this team win," said Rhodes at Raiders.com. "It's an honor to be here and an awesome experience to play for the Raiders. The whole history of the Raiders, I love it."
During an interview on NFL Sirius Radio Friday night, NFL.com's Adam Schefter referenced one factor that may have limited Rhodes' contract negotiations -- possible concerns over his recent arrest for an alleged DUI charge. That puts Rhodes in danger of being handed a 4-game suspension by the league that would have to be served this September.