Jun 11, 2014, 8:14 PM EDT
The Heat’s core of LeBron James, Dwyane Wade and Chris Bosh has something important in common with Carmelo Anthony of the Knicks once this season is finished: Every single one of them can opt out of the final year of their contract to become an unrestricted free agent.
In Anthony’s case, he has to consider whether or not to hold off on doing so, in order to try to help the Knicks rebuild more quickly by giving them financial flexibility to acquire some big name free agents in 2015.
As for the Heat’s Big Three, they might all opt out to restructure their deals in order to create the cap space necessary to add one more superstar to the mix — and Anthony might be right at the top of their list.
Sources told ESPN.com that Heat officials and the team’s leading players have already started to explore their options for creating sufficient financial flexibility to make an ambitious run at adding New York Knicks scoring machine Carmelo Anthony this summer in free agency.
The mere concept would require the star trio of LeBron James, Dwyane Wade and Chris Bosh to all opt out of their current contracts by the end of the month and likely take further salary reductions in new deals that start next season to give Miami the ability to offer Anthony a representative first-year salary. The Heat also are prevented from making any formal contact with Anthony until July 1 and can then only if he opts out of the final year of his current contract. …
Sources say internal conversations within the Heat organization about pursuing this course have run concurrently with Miami’s bid to win a third consecutive championship, with sources adding that James in particular is likely to try to recoup potential salary sacrificed through fresh off-court business opportunities if the Heat’s new dream scenario does come to fruition.
James is reportedly the one most likely to agree to a pay cut in this scenario, having just made more than $30 million from Apple’s recent purchase of Beats Electronics.
From Anthony’s perspective, this may be his last chance at a four-year (non-Knicks) max contract. It’s unclear if the Heat would go that far, but if winning is truly his priority, it’s hard to come up with a situation that would provide a better chance of it than teaming up with a Miami squad that’s now in its fourth straight season of reaching the NBA Finals.
It’s important to keep in mind that this is just one of many scenarios possible, and we’ll certainly be flooded with plenty more before the July 1 free agency period is upon us. Because if Anthony is willing to take less money to play in his ideal situation, the options are almost limitless — even though none may ultimately be more appealing than playing alongside the game’s best player in his prime, for an organization that’s proven capable of continually competing for championships.
Jul 5, 2015, 8:59 PM EDT
The Lakers will need to move Young to clear the cap space for their other moves.
Jul 5, 2015, 7:30 PM EDT
Dallas doesn’t have much to offer.
Jul 5, 2015, 6:00 PM EDT
Dan Gilbert is not afraid to write checks.
Jul 5, 2015, 4:42 PM EDT
The Lakers added the 2015 Sixth Man of the Year.
Jul 5, 2015, 4:00 PM EDT
The Hawks signed Millsap to a max deal earlier this week.
Jul 5, 2015, 2:29 PM EDT
Stuckey had a standout year for Indiana last season.
Jul 5, 2015, 2:00 PM EDT
Ginobili has yet to announce his future plans.
Jul 5, 2015, 12:30 PM EDT
LeBron is going to win, Tristan Thompson is going to get his money.
Jul 5, 2015, 11:00 AM EDT
Another guy who took less money to avoid playing in Sacramento.
Jul 5, 2015, 9:30 AM EDT
L.A. is all kinds of desperate now that DeAndre Jordan has bolted for the Mavericks.
Jul 5, 2015, 8:00 AM EDT
How will Blazers fans react when Aldridge returns?
Jul 5, 2015, 3:12 AM EDT
Quality pickup by the Kings.
Jul 5, 2015, 12:14 AM EDT
Phil Jackson gets a gold star for this move.
Jul 4, 2015, 11:00 PM EDT
McRae was the 58th overall pick in the 2014 draft, and is a member of Philadelphia’s Summer League squad.
Jul 4, 2015, 9:30 PM EDT
Nice addition by Orlando.
Jul 4, 2015, 8:00 PM EDT
He would have to take a paycut, but Dallas needs help at the point.
Jul 4, 2015, 6:30 PM EDT
The Spurs are going to just keep going on, being the San Antonio Spurs
Jul 4, 2015, 5:01 PM EDT
Jul 4, 2015, 3:30 PM EDT
Bargain for Toronto — as long as the Raptors aren’t expecting any offense.
Jul 4, 2015, 2:00 PM EDT
The LaMarcus Aldridge Effect
- Report: Lakers near deal to sign Brandon Bass, may trade Nick Young 0
- Spurs reset franchise for post Tim Duncan life in one impressive week 19
- Report: Lakers, Pacers reach deal to trade Roy Hibbert to LA 56
- LaMarcus Aldridge has chosen to sign with Spurs 85
- Who should Clippers get to replace DeAndre Jordan? How about Blake Griffin. 43
- Report: Tobias Harris reaches four-year, $64 million extension to stay with Orlando 25
- Report: Rajon Rondo agrees to one-year, $9.5 million deal with Sacramento Kings 48
- Report: DeAndre Jordan agrees to four-year, $80 million deal to join Dallas Mavericks 58