Dwyane Wade

LeBron’s Return To Miami Not Certain

This week, several reports have indicated that LeBron James was leaning heavily towards re-signing with the Heat and clubs around the league seem to have shifted their focus away from the game’s top talent.  In fact, while Carmelo Anthony continues his nationwide tour, teams have been having trouble getting in touch with James’ camp.  However, a report from Chris Broussard of ESPN.com paints a different picture of where the Heat stand with James.

After a lunch meeting last Wednesday, Dwyane Wade and Chris Bosh were committed to returning to the Heat, but James was unsure of what he would do, sources said.  James also did not ask or suggest that Wade and Bosh opt out of their deals or take lesser salaries to allow the Heat to add other top players.  Bosh and Wade are intent on returning, but neither of them knows what James will do.

Bosh and Wade were so uncertain about James’s future after the meeting that one of them spoke about what the Heat might look like without him, according to one source.  Where LeBron winds up, as far as Bosh and Wade are concerned, is still up in the air.  The only certainty is that James wants a max deal.

Heat Telling Free Agents They Can Spend $12MM+

WEDNESDAY, 2:50pm: Bosh is seeking a deal worth $16-18MM, a source tells Sam Amico of Fox Sports Ohio (Twitter link).

TUESDAY, 4:00pm: Agent Henry Thomas, who reps both Wade and Bosh, told TNT’s David Aldridge that the salary figures reported for his client are inaccurate (Twitter link).

3:28pm: Ken Berger of CBSSports.com and Ethan Skolnick of Bleacher Report put the brakes on the idea of such deep discounts, having heard that Bosh and Wade aren’t expected to accept figures quite so low (Twitter link).

2:44pm: The Heat are telling free agents that they have more than $12MM to spend, indicating that Dwyane Wade, Chris Bosh or both are willing to take major discounts, tweets Brian Windhorst of ESPN.com. The Oregonian’s John Canzano hears Bosh is set to sign a five-year deal worth $11MM in the first year, while Wade will get a four-year deal starting at $12MM. Grantland’s Zach Lowe hears those figures are $12MM for Bosh and $10MM for Wade (Twitter links).

Those numbers, together with the maximum deal that LeBron James is insisting upon, would appear to give the Heat even more flexibility, since LeBron’s max is projected to be around $22MM. That would leave the Heat with $44-45MM or so in commitments, not counting roster charges and the cap hold for first-round pick Shabazz Napier. The salary cap is projected to come in at $62.3MM, so it seems Heat president Pat Riley is leaving room for a player or two at above the minimum salary in addition to a $12MM acquisition. That might come in the form of a signing at the value of the $2.732MM room exception.

The Heat are trying to arrange a meeting with Kyle Lowry today, according to Windhorst, who also suggests the team could go after Marcin Gortat (Twitter link). The Heat reportedly see Luol Deng and Lowry as their top free agent targets from outside the team, and while Deng is unwilling to take a discount to sign in Miami, $12MM appears to be close to market value.

Southeast Rumors: Lowry, McRoberts, Livingston

The Heat‘s infatuation with free agent guard Kyle Lowry has been well documented, but the Big Three haven’t been actively recruiting him, writes Adrian Wojnarowski of Yahoo Sports.  More from the Southeast Division..

  • Josh McRoberts‘ agent tells Rick Bonnell of the Charlotte Observer that there’s mutual interest between his client and the Hornets.  “Quite a few teams have expressed” interest, Mike Conley Sr. said in a phone interview. “We haven’t gone into any in-depth discussions yet, but we know how the Hornets want him.”
  • The Hornets approached Shaun Livingston about a possible return to Charlotte, a knowledgeable source tells Bonnell.  Livingston played for Charlotte in the 2010-11 season when they were under their maiden Bobcats moniker.
  • Kent Bazemore has heard from the Hawks, Celtics, Mavs, Lakers, Suns, and Bulls, tweets Jeff Caplan of NBA.com.  Michael Scotto of Sheridan Hoops (Twitter link) adds the Spurs to that list.

LeBron James To Demand Max Salary

TUESDAY, 3:12pm: James is indeed seeking a maximum salary deal for just one or two seasons, according to John Canzano of The Oregonian. Canzano reiterates the details of the discounted figures to which Wade and Bosh have consented to assist the team in its attempt at a significant upgrade.

MONDAY, 12:26pm: LeBron James will insist on the maximum salary in a new deal this summer, reports Brian Windhorst of ESPN.com, though it’s not clear whether he’d demand the maximum number of years. James isn’t planning to meet with any teams, allowing agent Rich Paul to do all of the negotiating, and that plus his salary demand has led teams around the league to believe more strongly that James will stay with the Heat, according to Windhorst.

The ESPN scribe suggests that the NBA’s maximum salary for a veteran of 10 or more seasons will rise to $22.2MM for 2014/15. That would be the max for James, but even if the NBA’s max doesn’t surge that high, James’ max will be no less than $20,020,875, which is 105% of his salary from this past season.

James met with Dwyane Wade and Chris Bosh to discuss salaries this weekend, so it appears it will be up to Wade and Bosh to take discounts if the Heat are going to add a free agent of note from another team this summer. All three took less than the max to sign with Miami in 2010.

Windhorst’s assertion that James appears increasingly likely to re-sign counters a dispatch from Sam Amico of Fox Sports Ohio, who hears that James had begun to distance himself from Heat management during the season. Still, a source tells Amico that James would like to sign a deal that would give him the ability to opt out after one season, and with James apparently undecided on the length of his deal, according to Windhorst, perhaps James is indeed eyeing another shot at free agency in 2015.

Heat Big Three Will Give Riley Time To Upgrade

12:48am: In an update to his story, Wojnarowski writes that Bosh, Wade, and Udonis Haslem have the framework of deals in place to remain with Miami, arming Riley with his limitations within the salary cap to sign talent, league sources told Yahoo Sports.

Everybody has their [contract] number and has left a little bit of room to let [Riley] maneuver,” one source briefed on the contract discussions said.

With that bit of space, Riley plans to look into free agents including Marcin Gortat and Marvin Williams.

8:16pm: As free agency starts, LeBron James, Chris Bosh, and Dwyane Wade plan to give Pat Riley a window to enact his plan for upgrading the team’s supporting cast, sources tell Adrian Wojnarowski of Yahoo Sports (on Twitter).

Of course, much of what Riley can do will depend on how much breathing room he has to operate with.  There was some hope that James would take less than the max deal to help the Heat reload, but earlier today we learned that’s not in the cards.  LeBron met with Wade and Bosh to discuss salaries over the weekend, so it will be up to Wade and Bosh to take discounts if the Heat are going to add a free agent of note this summer.  Both Bosh and Wade, along with LeBron, took less than the max to sign with Miami in 2010, so it remains to be seen if they’ll take another pay cut.

Teams will be blowing up all three of their phones when the clock strikes midnight tonight, but LeBron, Wade, and Bosh will give Miami an opportunity to prepare a battle plan before they consider going elsewhere.

Dwyane Wade, Chris Bosh Opt Out

SUNDAY, 4:05pm: Pat Riley was informed today by agent Henry Thomas that Bosh is exercising his early termination option and will become an unrestricted free agent, Jeff Zillgitt of USA Today reports (Twitter link).

5:28pm: Bosh is “on the verge” of opting out, and will do so before the deadline on Monday, tweets Ira Winderman of The Sun Sentinel.

3:18pm: Bosh has not yet decided whether he’ll opt out or not, his agent tells David Aldridge of TNT (Twitter link).

SATURDAY, 2:37pm: Dwyane Wade and Chris Bosh will opt out of their current deals and enter free agency this summer, according to Tim Reynolds of The Associated Press and Chris Broussard of ESPN (Twitter links). Wade and Bosh become the latest members of Miami to opt out of their deals, following news that LeBron James and Udonis Haslem had done the same.

Wade’s decision to exercise his early termination option and pass on the final two years of his deal means that he’ll forfeit over $41.8MM in guaranteed salary. He’s unlikely to garner an offer worth a higher annual value in free agency, given his age and concerns about his health.

Bosh, who’s sacrificing a guaranteed $42.6MM, will likely be able to fetch a higher salary than Wade, and Broussard hears the big man is seeking a five-year pact worth $15-$16MM per year. Such a deal would be worth less than what Bosh would have made had he chosen not to opt out.

The duo’s motivation to sacrifice so much money is a result of their desire to make a future work with LeBron, who’s seeking a max contract, sources tell Adrian Wojnarowski of Yahoo! Sports. Although LeBron’s priority remains to find a way to make a future work with Miami, a failure by the organization toward improving their roster to his satisfaction could mean the four-time MVP leaves Miami, says Wojnarowski.

If the Heat renounce the Bird Rights of their free agents, they will have a record $55MM in cap room this summer, with only Norris Cole‘s contract guaranteed on the books next season. To no surprise, Pat Riley has already confirmed to reporters, including Jason Lieser of the Palm Beach Post, that he hopes to bring back Wade and Haslem for the 2014/15 campaign (Twitter link).

Haslem Opts Out, Wade And Bosh To Follow?

Udonis Haslem has opted out of the the final year of his contract, tweets Ethan J. Skolnick of Bleacher Report. Skolnick suggests that the move is a part of a concerted strategy by the Heat’s Big Three to provide cap flexibility in Miami, and that Dwyane Wade and Chris Bosh will exercise their early termination clauses for the same purpose. Haslem will forgo $4.6MM in salary for 2014/15 in hopes of re-signing a multi-year deal that rewards him financially while giving the Heat some much needed breathing room as it seeks to retain and build around its championship core (all Twitter links).

As soon as LeBron James terminated his contract with Miami for this season, the onus shifted to the Heat management and players to find a way to convince the league’s best player of their viability as a long-term contender. Haslem shares representation with Wade and Bosh, and had the trio opted to remain on their original contracts, there would have been virtually no room for team president Pat Riley to significantly improve the roster outside of re-signing aging veterans.

While Bosh has maintained his willingness to accept a reduced deal in order to keep the team in tact, Wade has been mum on his decision. Wade stands to sacrifice the most by terminating his deal, as he would give up over $41.8MM over the next two years in salary. That’s a number he is very unlikely to fetch on the open market, especially after a poor showing in the Finals despite regimented rest to keep him fresh throughout the year.

And-Ones: Knicks, Kings, Heat

It’s been a busy day around the league, and things could get even crazier tomorrow. Here’s a roundup of the night’s notes:

  • If Zach Randolph isn’t signed prior to the draft and the Grizzlies select a power forward, it could be an indication that Memphis is preparing to move on from Randolph, writes Ronald Tillery of Commercial Appeal.
  • A rival executive tells Howard Beck of Bleacher Report (Twitter link) that he could envision the Knicks breaking into the first round by flipping newly acquired Shane Larkin, as we speculated earlier tonight.
  • Beck tweets that the Knicks hope Jose Calderon‘s presence will help them lure Marc Gasol to New York when the dynamic center hits free agency before the 2015/16 season.
  • The Kevin Love talks between the Wolves and Warriors were “never off” and remain ongoing, tweets Sam Amick and Jeff Zillgitt of USA Today.
  • The Kings primary concern is adding perimeter shooting, writes Jason Jones of The Sacramento Bee“I think it’s a very important factor for the draft,” GM Pete D’Alessandro told Jones. “I think it’s something we have to take seriously and take a strong look at, for sure.”
  • A person with knowledge of restricted free agent Isaiah Thomas‘s situation tells Sam Amick of USA Today that the point guard’s market value is between $4MM and $6MM per year.
  • Dwyane Wade has yet to make his decision regarding the early termination clause in his contract, but sources tell Tim Reynolds of The Associated Press that he, LeBron James, and Chris Bosh had a positive meeting regarding their offseason (Twitter link).

Eastern Notes: Allen, Wade, Pistons

Ray Allen is leaning toward returning for a 19th season in the NBA and has a desire to continue playing alongside LeBron James, sources told Brian Windhorst of ESPN. Back in February, the sharpshooting veteran said that he wouldn’t be retiring this summer, and today’s report echoes a similar sentiment passed along last week. Allen just completed the second of a two-year, $6.32MM deal with the Heat and will be an unrestricted free agent this summer.

As for Dwyane Wade‘s contract status and whether or not he’ll decide to opt out, the 32-year-old guard didn’t have any updates today. “No news here yet.”

You can find more of tonight’s rumblings out of the Eastern Conference below:

  • Pistons president/head coach Stan Van Gundy said that he’s open to signing Greg Monroe to a one-year qualifying offer and letting the big man hit unrestricted free agency next summer, according to Larry Lage of the Associated Press. Van Gundy said that Monroe’s contract situation is the “most important thing on (the Pistons’) plate this offseason.”
  • Van Gundy added that the team would be willing to trade a future second-round pick and cash in order to land a late first round pick, especially if someone they ranked in the teens falls to the end of the first round.
  • Jim Boeheim – Carmelo Anthony‘s former college coach at Syracuse – believes that Anthony would take less money to sign with a contender this summer, writes Nick Friedell of ESPN Chicago.
  • Chauncey Billups is considering retirement, writes Aaron Matas of 9News.com. When Matas mentioned rumors of the Timberwolves approaching the 37-year-old guard about an assistant coaching job, Billups declined comment; however, Billups did say that he’d generally consider a television or front office position first before dipping into coaching when he does decide to retire from playing.
  • The Celtics hired Benas Matkevicius – a former scout of CSKA Moscow – to be the team’s international scout, tweets Baxter Holmes of the Boston Globe (h/t to CSKABasket.com).

And-Ones: Pistons, Draft, LeBron

Stan Van Gundy doesn’t necessarily view the Pistons lack of a first round pick as a negative, writes David Mayo of MLive. Van Gundy believes that the cap room that would have gone to a first-rounder can be used to acquire useful veterans, notes Mayo. Van Gundy wants to find what he termed, “winning players.” Van Gundy expanded on that saying, “I’ve had the good fortune to be around a lot of them, and they’re not winning players because they’re the most talented guys. I had Udonis Haslem in Miami and he’s still helping teams win championships. He’s a good player but he’s not the most talented guy in the world. I had a lot of those guys in Orlando — Rashard Lewis, Jameer Nelson, J.J. Redick — who help you win a lot of games, and they’re very good, but they’re not the most talented guys. But they’re winning guys.”

More from around the league: