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.
Jul 27, 2014, 10:00 PM EDT
The 2015 Slam Dunk Contest champion might have already been decided.
Jul 27, 2014, 8:30 PM EDT
At least he has an injury.
Jul 27, 2014, 7:00 PM EDT
We’ve known this for a while now.
Jul 27, 2014, 5:30 PM EDT
Millsap gets the call as a late addition after Blake Griffin and Kevin Love dropped out in the last few days.
Jul 27, 2014, 4:00 PM EDT
KG is likely coming back for his 20th NBA season, but may be setting himself up for something more with the Nets one his playing days are finished.
Jul 27, 2014, 2:30 PM EDT
LeBron makes yet another momentous decision.
Jul 27, 2014, 1:00 PM EDT
L.A. will keep Nash on the roster for the upcoming season, and take the cap hit for the $9.7 million remaining on his contract all at once.
Jul 27, 2014, 11:30 AM EDT
Only other possibility would have been LeBron facing the Heat, but that feels more like Christmas.
Jul 27, 2014, 10:01 AM EDT
Team downplays ESPN report that a contract has been agreed upon.
Jul 27, 2014, 9:29 AM EDT
Would Harden have been offended if he and Parsons made similar money?
Jul 27, 2014, 8:00 AM EDT
Kobe looks like Kobe, even all those years ago.
Jul 27, 2014, 12:30 AM EDT
Wade can play a little football.
Jul 26, 2014, 11:37 PM EDT
The negotiations was over years and the fourth year is a team option.
Jul 26, 2014, 10:00 PM EDT
Beasley is an unrestricted free agent, and some team will almost certainly take a chance on him next season.
Jul 26, 2014, 8:30 PM EDT
Bledsoe is absolutely right.
Jul 26, 2014, 7:00 PM EDT
If Kevin Love will not opt-in to the last year of his deal, would you still give up Wiggins for him?
Jul 26, 2014, 5:30 PM EDT
Nobody scores on Joakim Noah, 7-year-old youth included.
Jul 26, 2014, 4:00 PM EDT
Being inserted into the starting lineup might have something to do with it.
Jul 26, 2014, 2:30 PM EDT
Kevin Durant is the perfect international power forward anyway.
Jul 26, 2014, 1:00 PM EDT
Looks like tons of fun.
- Report: ‘No chance’ Kevin Love stays with Timberwolves 28
- LeBron announces he’ll wear No. 23 with Cavaliers 51
- Report: Lakers say ‘no done deal’ with Byron Scott 16
- Report: Lakers, Byron Scott agree to four-year, $17 million deal to coach team 15
- Kevin Love trade talk: He doesn’t want to opt in to deal, Cavs may live with that 40
- Kevin Love leaving Team USA not helpful, certainly not devastating either 19
- Why are the Lakers hiring Byron Scott as head coach? 46
- Report: NBA considering week-long break for All-Star Game next year 10