Jun 28, 2014, 11:00 AM EDT
The plan for the Miami Heat this summer was fairly simple going in: get everyone that can to opt out of their current contracts, in order to sign longer-term deals for more guaranteed money in total, which will pay the players less in the immediate future and create the salary cap space necessary to upgrade the roster.
While questions are technically in place surrounding whether they’ll all return, Udonis Haslem opting out of his deal appears to be solely for the purpose of executing Pat Riley’s plan.
Udonis Haslem has opted out of his contract. As I’ve been reporting, Haslem — now that he’s opted out — is open to extension with Miami. Wants to be here. Wheels in motion. Haslem, Bosh, Wade all have same representation. So, yes, plans are in concert. Freeing up money for Riley to work.
And to be very clear, Haslem is doing this to benefit the Heat (and get a little security), not to leave the Heat.
Haslem had a player option for next season at $4.6 million — expect him to re-sign for up to four years for double that. He’s no longer a key rotation player for Miami, having appeared in just 46 regular season contests while averaging career lows in points (3.8), rebounds (3.8) and minutes (14.2). But he is seen as a reliable veteran locker room presence, and can come in handy at times.
For those reasons, along with his willingness to help the team financially, expect him to be rewarded with a new deal — but one that pays him less per season, and frees up some cap space for Miami to add some much-needed talent.
Oct 31, 2014, 5:22 PM EDT
Thompson’s max deal was inevitable.
Oct 31, 2014, 5:00 PM EDT
It’s as great as you’d expect.
Oct 31, 2014, 4:15 PM EDT
Lopez has no timetable for a return.
Oct 31, 2014, 3:30 PM EDT
Knight will be a restricted free agent this summer.
Oct 31, 2014, 2:33 PM EDT
LeBron’s agent also represents Jackson
Oct 31, 2014, 1:37 PM EDT
Oklahoma City has completely relied on its two – now injured – stars
Oct 31, 2014, 12:50 PM EDT
Are they certain this time?
Oct 31, 2014, 12:06 PM EDT
Utah betting big, too big, on Burks continuing to improve
Oct 31, 2014, 11:10 AM EDT
Clippers owner continues to go crazy while watching games
Oct 31, 2014, 10:30 AM EDT
Dirk, Monta and Chandler are the new Run DMC
Oct 31, 2014, 9:53 AM EDT
New coach didn’t give reserves enough playing time in Cleveland’s opener
Oct 31, 2014, 9:00 AM EDT
Somehow, this seems to make sense for both sides
Oct 31, 2014, 8:30 AM EDT
Pregame rituals were really the best part of the game for Cavs fans.
Oct 31, 2014, 8:00 AM EDT
Faried said Smith shot his team out of the game after the Nuggets beat the Pistons.
Oct 31, 2014, 3:22 AM EDT
LeBron slides into the loser category for a night.
Oct 31, 2014, 3:10 AM EDT
The Clippers will take the win, but it wasn’t pretty.
Oct 31, 2014, 2:14 AM EDT
There is no official timetable for his return, but we are likely talking 6 weeks or more he is out.
Oct 31, 2014, 12:21 AM EDT
Players should never angrily engage with fans.
Oct 30, 2014, 11:40 PM EDT
Big time shot.
Oct 30, 2014, 11:16 PM EDT
Nobody saw this coming.
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- Jazz guard Alec Burks signs contract extension worth $42 million-$45 million 10
- Thursday night NBA Winners/Losers: The injury gods show Thunder no mercy 12
- No Durant, Westbrook goes down, Thunder still make it interesting but fall to Clippers 2
- Thunder’s Russell Westbrook fractures hand, likely out 4-6 weeks 9
- LeBron struggles in Cleveland debut as Knicks stun Cavaliers 46
- LeBron, Cavaliers introduced on opening night in Cleveland (VIDEO) 5
- Dominant Pau Gasol shows he may be a perfect fit for Bulls 19