Jul 7, 2010, 8:24 AM EDT
Dwyane Wade and Chris Bosh will team up in Miami to form the core of a team that could contend for a title.
It has looked like things were leaning that way for several days, and the pair went on ESPN Wednesday and confirmed the news.
The pair can sign the deals as soon as tomorrow.
Wade can sign a six-year, $120 million deal for signing with his home team. Bosh wants that same deal but needs Toronto to agree to a sign-and-trade with the Heat. The two sides have discussed this, according to our own Ira Winderman. However, no word of a trade deal has come out yet.
Even if Toronto does not cooperate, Bosh will still sign in Miami, he said. Without the sign-and-trade, he can only sign a five-year deal that will be worth more than $20 million less over the course of the contract. But he would still be in the five year, $100 million range. Which doesn’t suck.
This move blindsided Toronto, according to Winderman. Frankly, that doesn’t speak well of Toronto, many news outlets (this one included) had been saying this is possible if not likely for days now. Everyone else saw this coming.
Could LeBron James join them? Maybe, and more and more rumors are swirling that things are leaning that way.
There had been questions about whether he would want to — while that team with three superstars would be a potential powerhouse, would James be happy going to Wade’s city and Wade’s team for a third of the credit?
However, more and more rumors are swirling that it could come together. Winderman said that as of 10 a.m. Eastern Wednesday, this was still up in the air. In addition, Adrian Wojnarowski of Yahoo tweeted that a team official who pitched LeBron is saying it is down to Cleveland and Miami.
His announcement will come Thursday night in a one-hour television special on ESPN.
To do this, Miami would have to get help from Toronto to have the cap space. In a sign-and-trade deal Toronto would have to take on Michael Beasley and his $5 million a year deal and nothing else to make cap room for the Heat.
If Toronto wants to rebuild without Bosh, they may be better off just taking back picks and gaining the massive trade exception that would come their way.
Winderman (writing for the Sun Sentinel) tweeted this, making it sound like Toronto wants some kind of deal:
Sun Sentinel learned Toronto began having concerns of Bosh signing outright on Tuesday.
Either way, the slashing game of Dwyane Wade paired with the inside game of Chris Bosh gives Miami the best core since Shaquille O’Neal teamed up with Wade. Bosh may even be a better fit with Wade because of the diversity of his game — he can score from the post and has several other spots on the floor, he is one of the best in the league as the big man on the
pick-and-roll but can also hit the mid-range jumper so you have to respect the pick-and-pop. He’s a good rebounder.
The next question for the Heat is how to build a contender around them. They have almost nobody else on that roster and have many decisions to make around who to put around the duo (and who they can afford to put around them) but the Heat have the core of a championship team again.
- Report: Rajon Rondo agrees to one-year, $9.5 million deal with Sacramento Kings 0
- Report: DeAndre Jordan agrees to four-year, $80 million deal to join Dallas Mavericks 39
- Report: Kings signing Marco Belinelli to three-year, $19 million contract 14
- Report: Knicks to sign Robin Lopez to four-year, $54 million contract (unless DeAndre Jordan changes his mind) 8
- PBT Extra: Free agent signings we didn’t love 6
- Report: Wes Matthews reaches agreement to join Dallas Mavericks 23
- PBT Extra: Five best free agent signings in the first days of free agency 11
- Dwyane Wade agrees to one-year, $20 million deal to stay with Heat 55