Jun 24, 2014, 9:54 AM EDT
LeBron James, Dwyane Wade and Chris Bosh all have early termination options which they can exercise this summer in order to become unrestricted free agents, instead of playing out the final two years on those deals.
The first domino has fallen, as James has reportedly made the first of two very important decisions.
According to my man @Chris_Broussard, LeBron James’ agent Rich Paul has informed Heat that LeBron will exercise early termination option
— Marc Stein (@ESPNSteinLine) June 24, 2014
LeBron James will opt-out of deal, source confirms. He’s determined to impose pressure on Miami to improve roster and spend, sources say.
— Adrian Wojnarowski (@WojYahooNBA) June 24, 2014
It’s important to state the obvious, which is that LeBron opting out has absolutely zero to do with whether or not he returns to the Heat. The move was expected, just as it was with Carmelo Anthony, because the league’s biggest stars in their prime are always going to opt out of a deal to sign a much longer one for more guaranteed money the moment the opportunity presents itself.
[Dan Patrick Show: Is LeBron taking shot at Pat Riley by opting out?]
But it’s extremely interesting nonetheless, because it means that there’s at least a possibility that James will choose to play somewhere else.
The more likely scenario is that James re-ups in Miami for another five-year max contract, with another early termination option after three years.
Remember, the Heat didn’t exactly struggle to make the playoffs — they just finished a campaign that ended with a trip to the Finals for a fourth straight year. While it’s clear the roster needs upgrades to win a title, and LeBron’s move certainly puts at least some pressure on ownership to make that happen, Miami is still very close. And organizational stability — especially with Pat Riley in the front office and Erik Spoelstra on the sidelines — is going to be as important a factor as any in LeBron’s next decision.
Wade and Bosh have yet to inform the team of whether or not they too will opt out, but it’s more than likely that they will. Wade may be convinced to sign for more money in total over more years in order to give the team some immediate financial flexibility, and the same may be true of Bosh and even of James.
The three will look at the landscape together, however, before anyone decides to leave. And while James opting out first is definitely intriguing, the move was one that was expected.
Jul 3, 2015, 4:31 PM EDT
Key for the Wizards is this is a one-year deal, so they save their cap space for a Kevin Durant offer next summer.
Jul 3, 2015, 4:00 PM EDT
This is a huge blow to the Clippers roster.
Jul 3, 2015, 3:40 PM EDT
This was expected, now the Knicks move forward with Robin Lopez.
Jul 3, 2015, 2:52 PM EDT
Solid deal in a vacuum, but in Sacramento…
Report: Knicks to sign Robin Lopez to four-year, $54 million contract (unless DeAndre Jordan changes his mind)
Jul 3, 2015, 1:58 PM EDT
More evidence Jordan won’t pick Knicks
Jul 3, 2015, 1:35 PM EDT
Washington could land David West
Jul 3, 2015, 12:07 PM EDT
Third year is reportedly a team option
Jul 3, 2015, 11:08 AM EDT
I doubt Sacramento is celebrating quite yet
Jul 3, 2015, 10:31 AM EDT
Brooklyn making most of a self-inflicted bad situation
Jul 3, 2015, 9:50 AM EDT
If LaMarcus Aldridge signs elsewhere, San Antonio makes a lot of sense
Jul 3, 2015, 9:14 AM EDT
So Knicks are probably getting Robin Lopez
Jul 3, 2015, 8:30 AM EDT
In this market even if these deals are misses, they are correctable ones.
Jul 3, 2015, 8:00 AM EDT
I don’t think the Lakers are all that serious here.
Jul 3, 2015, 2:19 AM EDT
Sacramento had made a big push but again missed out on their target.
Jul 2, 2015, 11:31 PM EDT
Martin had hoped to return full-time last season, but the opportunity never materialized.
Jul 2, 2015, 10:34 PM EDT
Sacramento needs to overpay much more than that to lure free agents.
Jul 2, 2015, 9:22 PM EDT
Lopez is solid, and New York and L.A. need talent after striking out with the big names thus far.
Report: Damian Lillard planning L.A. visit to try to convince LaMarcus Aldridge to re-sign with Blazers
Jul 2, 2015, 8:21 PM EDT
Interesting wrinkle to the Aldridge free agency saga.
Jul 2, 2015, 7:07 PM EDT
The Wizards will only give up a future second-rounder.
Jul 2, 2015, 6:55 PM EDT
Butler just signed a five-year deal to stay in Chicago.
- Report: DeAndre Jordan “on verge ” of taking max deal to join Dallas Mavericks 10
- Report: Kings signing Marco Belinelli to three-year, $19 million contract 10
- Report: Knicks to sign Robin Lopez to four-year, $54 million contract (unless DeAndre Jordan changes his mind) 7
- PBT Extra: Free agent signings we didn’t love 4
- Report: Wes Matthews reaches agreement to join Dallas Mavericks 22
- PBT Extra: Five best free agent signings in the first days of free agency 10
- Dwyane Wade agrees to one-year, $20 million deal to stay with Heat 54
- PBT Podcast: Talking best signings of free agency so far 0