The Colombian playmaker is currently on loan at the Bavarian giants from Real Madrid, but following the dismissal of Carlo Ancelotti, the man who has regularly got the best out of him and who brought him to Bayern, his future is up in the air.
Spanish publication 'Don Balon' reports that Jupp Henckes' arrival has forced the former Monaco man to assess his future in Europe and has come the conclusion that if neither Real nor Bayern believe in him, he will simply head stateside.
The same source claims that the 26-year-old would be the perfect replacement for Orlando City star Kaka, who is set to retire after his final game for the club ended in defeat or even New York City man David Villa.
However, there is still significant interest in Rodriguez's services from Europe, with Italian giants Inter Milan and Juventus monitoring his situation closely.
Real are thought to be in no rush to negotiate, given that the player is tied to Bayern until the end of the season, when the German champions will then have the oppotunity to buy him outright.
Could James really end up in the MLS as early as next year?