Simplify the following text for a Grade 8 native English-speaking person.
Original: After another disappointing season in 2002 â `` 03 , the Cavaliers landed the number one draft pick in the NBA Lottery . With it , the team selected local high school phenomenon and future NBA MVP LeBron James .
Simplified: In 2003 , the Cavaliers won the NBA Draft lottery , and chose LeBron James with the first pick .