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.
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.
Oct 30, 2014, 9:45 PM EDT
The banner is back.
Oct 30, 2014, 8:43 PM EDT
Oct 30, 2014, 7:42 PM EDT
The Sixers CEO fired back, but taking on a Hall of Fame coach isn’t usually wise.
Oct 30, 2014, 6:55 PM EDT
It’s going to be a rough transition for the Knicks. New Yorkers have to be patient (not always their strong suit).
Oct 30, 2014, 6:15 PM EDT
It’s a sign Dan Gilbert is pulling out the checkbook to spend.
Oct 30, 2014, 5:25 PM EDT
The Spurs just got better.
Oct 30, 2014, 4:40 PM EDT
Look for a decision sometime after Christmas.
Oct 30, 2014, 3:55 PM EDT
The time the Nuggets center responded to a heckler
Oct 30, 2014, 3:11 PM EDT
Cleveland, as of a few days ago, reportedly hadn’t begun negotiations with Thompson
Oct 30, 2014, 2:35 PM EDT
Faried reveals Nuggets defensive game plan against Pistons
LeBron makes emotional return to Cleveland tonight, new Nike ad shows city standing together (VIDEO)
Oct 30, 2014, 1:55 PM EDT
The season is about process for the Cavaliers, but tonight is about celebration of home.
Oct 30, 2014, 1:15 PM EDT
It was a good night to be a Hornets fan.
Oct 30, 2014, 12:45 PM EDT
Bulls center has discussed Phil Jackson with his younger brother
Oct 30, 2014, 11:55 AM EDT
Gasol was dominant opening night, and Derrick Rose is thrilled to finally have some help.
- Thursday night NBA Winners/Losers: The injury gods show Thunder no mercy 0
- No Durant, Westbrook goes down, Thunder still make it interesting but fall to Clippers 0
- Thunder’s Russell Westbrook fractures hand, out indefinitely 3
- LeBron struggles in Cleveland debut as Knicks stun Cavaliers 30
- LeBron, Cavaliers introduced on opening night in Cleveland (VIDEO) 4
- Dominant Pau Gasol shows he may be a perfect fit for Bulls 19
- Old tweets: Kevin Durant uses gay slurs (including at Russell Westbrook), Damian Lillard rips LeBron James 28
- Wednesday night’s NBA winners, losers: Chris Bosh wants you to know he is a No. 1 option 24