Jun 29, 2014, 9:30 AM EDT
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.
Sep 15, 2014, 9:45 PM EDT
Amundson’s best days are behind him, but maybe he can find a niche in Cleveland
Sep 15, 2014, 8:48 PM EDT
Who else was Lionel Hollins going to start?
Sep 15, 2014, 7:55 PM EDT
Washington building up competition for open 15th spot
Sep 15, 2014, 6:59 PM EDT
Some team will pick him up. Eventually.
Sep 15, 2014, 5:59 PM EDT
KD is an Iverson fan.
Sep 15, 2014, 5:10 PM EDT
Silas appears to have real chance of making the team
Sep 15, 2014, 4:26 PM EDT
Derrick Rose stayed healthy but never shook the rust fully off his shot.
Sep 15, 2014, 3:35 PM EDT
Soccer already has the right model, it’s just going to be hard to get FIBA on board.
Sep 15, 2014, 2:50 PM EDT
D-League is ripe for expansion
Sep 15, 2014, 2:04 PM EDT
Harris unsure whether Orlando will let him hit restricted free agency
Sep 15, 2014, 1:25 PM EDT
Blake Griffin has done some brilliant marketing campaigns.
Sep 15, 2014, 12:48 PM EDT
Liz shot 49 percent on 3-points in World Cup
Sep 15, 2014, 12:08 PM EDT
Dolan said he’s let Phil Jackson run the team, and Jackson affirms Dolan has so far
Sep 15, 2014, 11:24 AM EDT
Duke coach benefits big time in recruiting from World Cup, Olympic coaching
Sep 15, 2014, 10:22 AM EDT
And so it begins.
Sep 15, 2014, 9:43 AM EDT
When do scouts cross a line?
Sep 15, 2014, 9:00 AM EDT
Chalmers thought Heat wouldn’t re-sign him after disastrous NBA Finals
Sep 15, 2014, 8:30 AM EDT
It’s close… well, not the shaves but the quality of beard.
Sep 15, 2014, 8:00 AM EDT
Anthony Davis is ready to make the next leap.
Sep 15, 2014, 1:07 AM EDT
Mark Price worked with him last summer too and it had limited effect.
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