Jun 25, 2012, 12:27 PM EDT
Did you see what happens when the Miami Heat get someone to knock down open shots from the arc? Did you see Game 6 of the NBA finals?
Now parlay that with this news from Brian Windhorst at ESPN.
According to multiple league sources, there is mutual interest between Allen and the Heat. The most the Heat can offer is a contract starting at $3 million per year, which is known as the “taxpayer’s mid-level.” Allen could get more elsewhere, but the Heat do offer an attractive portfolio that goes deeper than cash.
They offer a good shot at a ring. While the Miami market is not that big (14th biggest in NBA) the massive amount of national exposure the team gets can mean endorsement deals. Also, warm weather and no state tax.
The Heat have some luxury tax issues to figure out going forward — they are over the tax line and will be for a couple years. Once the new “repeater tax” kicks in starting in 2014 it is going to get prohibitive to keep adding players around them (the Heat’s tax could easily swell to north of $20 million, which is on top of the payroll). They will keep the big three together, they can amnesty Mike Miller (or hope he retires), but the fact is that even adding Ray Allen for $3 million could cost much more in tax.
But for now, it’s hard to see Pat Riley not making this move. If Allen is serious. He will have offers from the Clippers, Knicks, likely Bulls and Celtics, among others. He has options. But if he’s chasing a ring… is it much of a choice?
- Brothers allege entourage of Damian Lillard beat them for taking his picture 7
- Amar’e Stoudemire still thinks Knicks’ front court trio can work 15
- Report: Dwight Howard not going to Clippers… did we need a report for that? 16
- Alonzo Mourning says Scottie Pippen says LeBron would “kick Jordan’s ass” 51
- Spurs shut down Zach Randolph in Western Conference Finals’ first major strategic move 2
- Report: Dwight Howard will consider multiple teams in free agency, is said to be most intrigued by the Rockets (105)
- Knicks predictably drop Game 4 to Pacers, fall behind 3-1 (93)
- Kobe Bryant responds to Michael Jordan comparison from Phil Jackson (86)
- Bradley Beal said he’d lose respect for a teammate who acted like Derrick Rose (67)
- Seattle group releases statement; forced to wait, hope for expansion (64)
- Live Extra: Watch Blackhawks-Red Wings Game 3
- Posnanski: Once the best, Pujols now irrelevant
- Dickey goes 8, beats Rays for 2nd straight win
- PST: Mourinho officially leaving Real Madrid
- PHT: Stalberg returns to Hawks' lineup for Game 3
- PHT: Hawks look to boost intensity vs. Wings
- PFT: Brady says he's 'never felt better' throwing the ball
- Play Video: Grizzlies ready for 'running' Spurs
- Play Video: Durant won't 'compromise himself' like other stars
- Play Video: Knicks avoid elimination
- Play Video: Heat finish off Bulls, James 'has no energy left'
- Play Video: Health woes make Heat vulnerable
- Play Video: Good news for Sacramento, Kings stay