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.
Mar 6, 2015, 3:10 AM EST
Westbrook is still a machine
Mar 6, 2015, 12:53 AM EST
This hurts the Blazers guard depth.
LeBron James after receiving two flagrant fouls in his last three games: ‘Maybe I got to protect myself a little bit more’
Mar 6, 2015, 12:00 AM EST
James hints at retaliation.
Mar 5, 2015, 11:00 PM EST
Pacers’ David West made the assertion after Denver fired head coach Brian Shaw.
Mar 5, 2015, 10:00 PM EST
Ibaka comes up with a massive rejection.
Mar 5, 2015, 9:00 PM EST
Gasol is too skilled.
Mar 5, 2015, 8:00 PM EST
We all saw it at the time, but the league confirmed the missed call the next day.
Mar 5, 2015, 7:00 PM EST
Hamilton was a piece in the Goran Dragic trade.
Mar 5, 2015, 6:15 PM EST
Dragic has praise for the Suns organization.
Mar 5, 2015, 5:30 PM EST
The NBA wants to raise it to 20.
Mar 5, 2015, 4:45 PM EST
Westbrook has had four consecutive triple-doubles.
Steve Kerr on MVP race: “If Daryl Morey wants to run his own one-man campaign for James Harden, he can do that”
Mar 5, 2015, 4:00 PM EST
Kerr hasn’t been publicly lobbying for Curry.
Mar 5, 2015, 3:11 PM EST
Recapping a month-long Nike Basketball training experience, which featured workouts run by Tim Grover, Jerry Powell and Idan Ravin — who have trained guys like Kobe Bryant, Kevin Durant and LeBron James. Also includes performance reviews of Nike’s latest basketball shoes.
Mar 5, 2015, 2:31 PM EST
Dispute reportedly over terms of second season
Mar 5, 2015, 1:36 PM EST
Sager will be on the sidelines for Thursday night’s Bulls-Thunder matchup.
Mar 5, 2015, 1:26 PM EST
Bulls guard pledges money to school
Mar 5, 2015, 12:53 PM EST
Warriors guard shows up Bucks
Mar 5, 2015, 12:11 PM EST
Nine players have ended a day leading the NBA in points per game this season
Mar 5, 2015, 11:41 AM EST
Suns wing might be NBA’s best dunker
Mar 5, 2015, 11:04 AM EST
Chris Paul frantically tries to get Jordan’s attention
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