The Heat should follow the Spurs’ lead in putting together a contract for Dwyane Wade, writes Ira Winderman of The Sun-Sentinel. When Tim Duncan and Manu Ginobili were nearing the end of their careers, San Antonio gave them deals that were guaranteed for two years, even if they played just one more season.
Winderman suggests Miami should go all in on an effort to re-sign Wade, offering its entire $5.3MM taxpayer mid-level exception as the starting point for a two-year contract. That would give Wade more than $10MM in guaranteed money, which would be tough to turn down and would help compensate him for past years in which he played under his market value.
The downside is the effect the deal would have on the luxury tax. Miami is already about $5MM over the tax threshold without Wade on the roster and faces a similar situation for 2019/20 if Hassan Whiteside [$27MM], Tyler Johnson [$19.2MM] and Goran Dragic [$19.2MM] all opt in to their current contracts. Short of giving Wade all or part of the MLE, the only alternative is a veteran’s minimum deal that would pay him just $2.4MM.
- If Wade doesn’t continue playing and Dion Waiters isn’t completely healthy when training camp starts, the Heat should contact some of the free agent wings who are still available, Winderman states in a separate column. The ideal situation, he adds, would be someone willing to join the team for camp without a guaranteed contract.
- The Heat’s collection of large salaries may mean a delay in trying to re-sign Justise Winslow, Winderman states in another column. Winslow is eligible for an extension now, but with seven players already earning more than $10MM per year, Miami may decide to hold off on making an offer and deal with Winslow in free agency next summer.
- Wayne Ellington didn’t get much interest on the free agent market, but he will serve a valuable role for the Heat once again, writes Shane Rhodes of Basketball Insiders in a season preview on Miami. Ellington, who re-signed with the team for $6.27MM, averaged 11.2 points per game last year and shot 39.2% from 3-point range.