Jun 29, 2014, 9:30 AM EST
UPDATE 5:20 p.m.: Bosh has indeed opted out as expected.
9:30 a.m.: Pat Riley’s master plan to retool the Miami Heat after they were crushed by the Spurs in the NBA Finals seems to be coming together, even if it’s happening a bit more slowly than expected.
LeBron James wasted no time in opting out of the remaining two years on his deal to become an unrestricted free agent, but it’s likely he isn’t going anywhere, and only did so to gain a longer-term contract for more guaranteed dollars, and potentially take less money in the short-term in order to help the team gain flexibility to add talent to the roster.
Dwyane Wade opted out of the final two years and $42 million he was owed on Saturday, in a similar move that will allow the Heat to pay him more in total on a new deal, but less per year to gain more room to maneuver under the salary cap.
Chris Bosh hasn’t done the same just yet, but is expected to acquiesce before Monday’s deadline.
[Bosh’s agent Henry Thomas], meanwhile, said Bosh has not decided on whether to opt out, but sources told ESPN The Magazine’s Chris Broussard that the All-Star big man will indeed follow suit and choose free agency by Monday’s midnight ET deadline. …
Bosh will head into free agency willing to accept a pay cut from the $20 million he was owed next year, sources said.
Again, this is all part of the plan — one that apparently didn’t take too much convincing.
The Heat have been to the Finals four straight years, which is every season that James, Wade and Bosh have been together in Miami. They ran into a buzz saw in San Antonio, but there’s not a ton that needs fixing here, and the team’s three stars seem to realize that.
Miami will have salary cap money to use by the time all is said and done. In addition to the three stars opting out to restructure their deals, Udonis Haslem has done the same, and the team is looking to unload $2 million more in salary by attempting to deal Norris Cole, who is somewhat expendable now that the Heat were able to trade for Shabazz Napier on draft night.
Needless to say, it’ll be extremely interesting to see how they end up spending it.
Dec 24, 2014, 11:00 PM EST
The Wizards are an underrated team in the East. The Knicks… not so much.
Dec 24, 2014, 9:30 PM EST
Previewing the Bulls vs. Lakers matchup at the United Center.
Dec 24, 2014, 9:00 PM EST
Colorways inspired by shoes Michael Jordan wore during his best Christmas Day performance.
Spurs and Thunder, who’ve been best in the West lately, both fighting for position entering Christmas matchup
Dec 24, 2014, 7:00 PM EST
Injuries to Kevin Durant, Russell Westbrook and Kawhi Leonard have put both teams behind the eight ball
Dec 24, 2014, 6:06 PM EST
An additional confirmation that no Deron Williams deal gets done on Sacramento’s side unless they can also get the talented young big man as part of the package.
Dec 24, 2014, 5:30 PM EST
Young says Lakers played liked ‘Django Unchained’ without Kobe Bryant
Dec 24, 2014, 4:00 PM EST
Boston has Brandan Wright, large trade exception
Dec 24, 2014, 3:00 PM EST
The NBA has given us some good presents to open for Christmas.
Dec 24, 2014, 2:15 PM EST
McHale earned this.
Dec 24, 2014, 1:24 PM EST
This is a low risk pickup by the Rockets at a good price.
Dec 24, 2014, 12:58 PM EST
A minor move, but one that should benefit both teams.
Dec 24, 2014, 12:36 PM EST
Expect more Tristan Thompson in the short term, a trade for Cleveland to land a big in the longer term.
Dec 24, 2014, 11:45 AM EST
Miami fans will boo a little, but this isn’t Cleveland.
Dec 24, 2014, 11:00 AM EST
Lakers can use Steve Nash’s disabled-player exception to sign free agents
Dec 24, 2014, 10:00 AM EST
Orlando’s fourth-year players have All-Star cases. Yes, really.
Kendall Marshall turns back to play, runs like an airplane to celebrate… Jared Dudley’s missed 3-pointer (video)
Dec 24, 2014, 9:45 AM EST
Bucks don’t come back, fall to Hornets
Dec 24, 2014, 9:00 AM EST
Wizards center gets big slam, but Bulls win
How much did Damian Lillard’s game tying shot Tuesday look like series winner vs. Rockets? A lot. (VIDEO)
Dec 24, 2014, 8:30 AM EST
Same play, same spot, same result.
Dec 24, 2014, 8:00 AM EST
Lakers star says he trusts Lakers management
Dec 24, 2014, 2:15 AM EST
The Lakers pick up a win without Kobe Bryant around.
- Five things to watch as NBA takes over Christmas Day 13
- Cavaliers center Anderson Varejao tears Achilles, done for season 28
- Miami Heat fans were hurt when LeBron left, they may let him hear it. Somewhat. 21
- Nikola Vucevic and Tobias Harris coming into their own for Magic 6
- PBT Tuesday Night Winners/Losers: Sixers, Lakers show the last will be first (for a night) 13
- Anderson Varejao leaves Cavaliers game with foot injury not to return, MRI Wednesday 5
- Report: Rockets ‘very confident’ they’ll land Josh Smith 19
- Report: Sixers want Andrei Kirilenko to report to team, prepare to play 16