Dwyane Wade Rumors | Hoops Rumors

Free Agent Rumors: Wade, Pierce, Aldridge

June 30th, 2015 at 1:55pm CST by Chuck Myron

The latest free agent rumors..

Dwyane Wade is seeking at least $16MM a year on a three or four-year deal, writes Chris Mannix of SI.com. Barry Jackson of the Miami Herald reported earlier that Wade was seeking a three-year deal and would welcome $20MM a year.
League execs tell Chris Broussard of ESPN.com (on Twitter) that there is not a robust market for Wade because of his age (33) and history of injury problems.
The Wizards are growing more confident in their ability to re-sign Paul Pierce, reports Marc Stein of ESPN.com (on Twitter). The Clippers have appeared to be his primary suitor, with the Celtics also reportedly in the mix.
In addition to their pursuit of LaMarcus Aldridge, the Spurs could have some interest in former Blazers forward Thomas Robinson, according to Jabari Young of CSNNW.com (on Twitter). Of course, Aldridge and Robinson have a history together. Robinson, a former No. 5 overall pick, has bounced around the league quite a bit since he was drafted in 2012.
Trail Blazers center Robin Lopez is on the Knicks‘ radar, according to Al Iannazone of Newsday. Lopez has value to the Knicks as a big man with energy and solid defensive skills.
The Thunder are among the teams expected to pursue Caron Butler when he becomes an unrestricted free agent on July 1st, Gery Woelfel of the Racine Journal Times writes. It was previously reported that the Bulls, Clippers, Spurs, Lakers, and Knicks are expected to be in the mix for the veteran, who says he expects to get waived by Milwaukee.
Oleksiy Pecherov is eyeing an NBA comeback and is working out with the Nuggets today, according to Emiliano Carchia of Sportando. Pecherov has played 111 games in the NBA with the Wizards and Wolves averaging 3.9 PPG and 2.4 RPG.

Dwyane Wade Opts Out

June 29th, 2015 at 3:58pm CST by Chuck Myron

3:58pm: A Heat spokesperson confirmed to Ira Winderman of the Sun Sentinel that Wade is indeed opting out (Twitter link).

2:35pm: Dwyane Wade will turn down his $16.125MM player option to instead hit free agency, reports Ramona Shelburne of ESPN.com (Twitter link). The news isn’t altogether surprising, as Wade had been hinting as much since Barry Jackson of the Miami Herald reported last month that he was open to leaving the only NBA team he’s ever played for. Marc Stein of ESPN.com earlier today suggested that the Heat expected Wade to opt out, though they were expected Luol Deng to opt out before he surprisingly opted in. Goran Dragic is “basically a lock” to return to Miami, Stein reported, though Jackson wrote last month that the chances of Dragic leaving increase if Wade signs with another team.

The Heat have preferred that Wade opt in and sign for $10MM salaries next summer, though Wade, Henry Thomas client, would welcome $20MM a year for three years, as Jackson reported. Wade and the Lakers apparently have mutual interest and the same is reportedly true of the Clippers. LeBron James seems interested in recruiting him to the Cavs, but Wade and Heat have nonetheless appeared eager to find a solution that keeps them together. Still, a friend of Wade’s told Jackson recently that the 33-year-old shooting guard has become angry with Miami and doesn’t feel the team regards him as a priority. Team president Pat Riley spoke highly of Wade a few days ago, saying in part that, “We love Dwyane. Dwyane is a pillar.”

At issue is Miami’s salary crunch, as the team has about $53MM in guaranteed salaries already on the books with Deng having opted in. A deal approaching the max, which is likely to come in around $19MM, for Dragic, plus a $20MM salary for Wade would send the team far above the projected $81.6MM tax line. Riley denied a recent report that the team is looking to trade Chris Andersen and Mario Chalmers in a deal that could clear about $10MM in salary.

Luol Deng Opts In With Heat

June 29th, 2015 at 1:30pm CST by Chuck Myron

1:30pm: The move is official, the Heat announced (on Twitter).

1:03pm: Deng has apparently changed course, as agent Herb Rudoy tells TNT’s David Aldridge that he’s opting in, not out (Twitter link).

11:08am: The Heat expect Luol Deng to turn down his player option worth nearly $10.152MM and hit free agency, reports Marc Stein of ESPN.com (Twitter links). The deadline for him to do so is today. Stein also hints that the Heat also expect Dwyane Wade to turn down his player option worth $16.125MM, as Wade has hinted he’ll do. Goran Dragic, who already turned down his $7.5MM player option, is “basically a lock” to stay with the Heat, Stein writes, but the same isn’t true of either Deng or Wade.

Heat president Pat Riley made it clear last week that he wants Deng back, even in the wake of Miami’s choice of fellow small forward Justise Winslow with the No. 10 pick. Deng, 30, expressed his love for the Heat organization back in April, citing its medical staff. Still, that was before Barry Jackson of the Miami Herald reported that Wade is open to leaving the Heat, throwing Miami’s offseason plans a curveball.

People around the league this spring expressed doubt to Steve Kyler of Basketball Insiders that Deng could find a salary better than what his option would give him for this coming season. Still, the Interperformances client will probably be able to find a deal that would lock in a greater total of money, albeit over a longer period of time, though that’s just my speculation.

Miami only has about $43MM in guaranteed salaries for next season, but new deals for Dragic, Wade and Deng threaten to push the team beyond the projected $81.6MM tax line. The Heat would pay repeat-offender tax penalties if they’re above the tax line at the end of the 2015/16 regular season.

Latest On Dwyane Wade, Heat

June 26th, 2015 at 10:51am CST by Chuck Myron

Heat president of basketball operations Pat Riley made it plain in his postdraft press conference that he’d prefer that Dwyane Wade stayed with the team, as Jason Lieser of the Palm Beach Post recounts. Still, he hinted that Wade will indeed opt out, making a pair of references to July 1st as a starting point for talks.

“The one thing that I’ve learned about free agency is that when a player has an opportunity to be a free agent, you give him the space and the time to think about that,” Riley said. “We love Dwyane. Dwyane is a pillar. He has been part of the root structure and the foundation of this franchise for the last 12 years. … We know that on July 1, we’ll be the first ones that he’ll talk to and we’ll go from there.”

The Heat exec also said that he and Wade haven’t had any “real discussions,” adding that such talks couldn’t take place until July 1st, Lieser notes via Twitter. Riley expressed that he would be comfortable if the 33-year-old turned down his $16.125MM option for next season, if he indeed does so, adding that he’s “not a pessimist” about the prospect of re-signing him, according to Lieser. A lack of pessimism doesn’t necessarily mean optimism, observes Joseph Goodman of the Miami Herald. Wade reportedly feels as though the Heat have damaged the trust in their relationship, but Riley said Wade hasn’t told him he feels disrespected, Lieser conveys.

Wade is reportedly open to leaving the Heat and would welcome $20MM salaries on a new three-year deal, while the Heat would prefer that he opt in this summer and sign for $10MM salaries beginning in 2016/17, as Barry Jackson of the Miami Herald reported. The Lakers, who have the cap room necessary to pay Wade what he’s looking for, reportedly have mutual interest, though it’s unclear if the Lakers are willing to go quite as high with an offer as Wade would like. The Heat would pay repeat-offender tax penalties if they finish the coming season above the projected $81.6MM tax threshold, a likelihood if they re-sign all of their own free agents and don’t make salary-clearing moves.

Heat Shop Mario Chalmers, Chris Andersen?

June 25th, 2015 at 11:20pm CST by Chuck Myron

THURSDAY, 11:20pm: Heat president Pat Riley says that there is no truth to the reports that the team is shopping Andersen and Chalmers, Jason Lieser of The Palm Beach Post tweets.

8:34pm: Wade and the Heat do not have a meeting scheduled, a source told Ira Winderman of the South Florida Sun Sentinel, contradicting the previous report. Any meeting with Wade would like come after the start of free agency on July 1 when the Heat could discuss contract parameters with him, the same source informed Winderman.

2:58pm: Wade is angry at the Heat as they draw a hard financial line, and he doesn’t feel like the team regards him as a priority, a friend of his tells Jackson. Associates say the Heat have damaged Wade’s trust in the organization, Jackson also hears.

MONDAY, 12:49pm: The Heat are shopping Mario Chalmers and Chris Andersen in an attempt to clear salary that they could use on a new contract for Dwyane Wade, report Ramona Shelburne and Brian Windhorst of ESPN.com. They’ll meet with Wade within the next week as the June 29th deadline for him to formally decide on his $16.125MM player option looms, Shelburne and Windhorst write. Wade, in addition to apparent mutual interest in the Lakers, is interested in the Clippers, too, and LeBron James has expressed interest in Wade joining the Cavs, but both are extreme long shots to land the shooting guard given their cap constraints, as the ESPN scribes explain.

Anderson is set to make $5MM next season and Chalmers $4.3MM as each enters the final year of his respective contract. Clearing their salaries would help the team afford to keep its starting lineup intact without going over the projected $81.6MM tax line, note Shelburne and Windhorst. Doing so would set up the Heat to pay the stiffer repeat-offender tax penalties at the end of next season if they remain over the tax line come the final day of the regular season. Miami isn’t a taxpayer this season, but repeater penalties come into play when a team pays the tax three out of four seasons.

The Heat and Wade had been discussing a new contract for $10MM for as many as three seasons beyond his current deal, sources told the ESPN scribes. A friend of Wade’s told Barry Jackson of the Miami Herald recently that the Heat would like Wade to opt in and sign a deal next summer for $10MM each year for two more seasons. Wade instead prefers to opt out and would welcome $20MM salaries on a new three-year deal, as Jackson also reported.

Wade’s preference remains to stay in Miami, according to Shelburne and Windhorst. That was the case last month when Jackson broke the story that Wade is nonetheless open to leaving the only NBA franchise he’s ever played for. Many league execs believe Wade and the Heat will ultimately resolve their differences, Shelburne and Windhorst write. The Lakers have the cap space to give Wade $20MM a year, but the Heat have Bird rights that would allow them to do so, too. Miami is reportedly planning an offer of less than the max to Goran Dragic, one that would further help the team avoid the tax, or at least pay less of it. Clippers coach/executive Doc Rivers and Cavs GM David Griffin have expressed they’re prioritizing new deals with their own marquee free agents, and thus wouldn’t have the cap space necessary to sign Wade for the sort of salary he’d apparently like.

Latest On Heat’s Offer To Goran Dragic

June 24th, 2015 at 8:48am CST by Chuck Myron

WEDNESDAY, 8:48am: Miami’s five-year offer to Dragic is expected to be for between $90MM and $100MM, Jackson reports. That would still likely be less than the max. The max won’t be known until the end of the July Moratorium, but based on an estimated starting salary of $18.96MM, the most Miami could give him over five years would be $109.02MM.

SATURDAY, 11:57pm: The Heat plan to make a five-year offer of more than $80MM to retain Goran Dragic, reports Marc Stein of ESPN.com, though an amount in the vicinity of $80MM would be less than the max. The expectation in the immediate wake of Miami’s trade deadline acquisition of the former All-NBA Third Team guard was that the team would offer him the max to stay, as Ramona Shelburne of ESPN.com wrote at the time, but Stein points to concerns over Dwyane Wade‘s potential free agency as one reason they’d offer somewhat less. The chances of Dragic leaving the Heat increase if Wade does, as Barry Jackson of the Miami Herald reported last month.

Dragic has a $7.5MM player option for next season that he’s said he’ll turn down to instead hit free agency. Miami is the only team capable of offering Dragic a five-year deal, since it has his Bird rights. Dragic can make as much as $85MM on a four-year offer from another team while a max offer from the Heat would top $100MM, Stein estimates. The precise figures won’t be known until the league sets its maximum salaries after the July Moratorium. It nonetheless appears as though the Heat are banking on Dragic’s affection for the Heat and the city of Miami as they seek to take advantage of the ability to spread a similar amount of money over an extra year.

Wade reportedly would welcome $20MM salaries if he is to turn down his $16.125MM player option, and he’s apparently open to leaving the Heat if necessary. The Heat would prefer that Wade opt in, according to Jackson, but a less lucrative offer to Dragic would offset all or part of the extra money the Heat would spend should Wade opt out and re-sign on a deal that pays $20MM next season. That savings would be particularly important with the Heat poised not only to pay the tax next season if they retain their existing players at market value, but also incur repeat-offender tax penalties for having been a tax team three out of four years.

The Lakers, whom Dragic reportedly saw as a “perfect fit” earlier this season, loom as likely suitors, as do the Knicks, Pelicans, Kings and Bucks, as Jackson reported. The Lakers, Knicks and Bucks all have the flexibility necessary under a projected $67.1MM cap to offer a four-year max contract to the client of Bill Duffy and Rade Filipovich.

Southeast Notes: Ferry, Elie, Heat

June 23rd, 2015 at 10:00pm CST by Eddie Scarito

Former Hawks GM Danny Ferry is relieved at this weekend’s release of the findings of a team-commissioned investigation that found no wrongdoing on his part, though he indicates that the team held onto the results for months, despite his request that they make them public, as he tells Chris Vivlamore of the Atlanta Journal-Constitution. Indeed, the team knew the results of the investigation in September, reports Ramona Shelburne of ESPN.com, a couple of days before Ferry took his leave of absense, and the public release was one of the terms of his buyout, according to Shelburne.

Ferry admitted to Shelburne that he made a mistake when he read racially charged comments about Luol Deng from a scouting report that an outside service had prepared, and while he considered ending his leave at points during the season, he ultimately decided that doing so would have been too much of a distraction. He also told Vivlamore that even as Hawks higher-ups acknowledged the situation was unfair, they pressured him to quit in the immediate wake of the crisis. “They didn’t see a way I could survive this,” Ferry said. “That was hard to take. Fortunately, Wayne Embry, the Rev. Toussaint Hill, Lance Blanks and others were telling me, ‘You can’t quit. If you quit now, you’re admitting you are a racist and you are not a racist.’ Those are people who have experienced racism. My father also was a good voice for me through all of this. I am glad I followed their advice and I am so grateful for the support from them and many others.”

Here’s more out of the Southeast Division:

The Magic, who own the No. 5 overall pick in this year’s NBA Draft, are considering trading down for a lower first-rounder and a veteran to add to their young core, Josh Robbins of The Orlando Sentinel writes. “I would say we’ve talked to at least a half-dozen teams about it,” Orlando GM Rob Hennigan told Robbins. “So it’s something we’re definitely considering and weighing sincerely: potentially moving back.” You can view Hennigan’s complete draft history as an executive here.
The tense contract relations the Heat organization is currently experiencing with star Dwyane Wade will influence the team’s approach to the NBA Draft, Jason Lieser of The Palm Beach Post writes.
Mario Elie is a strong frontrunner to be hired as an assistant on coach Scott Skiles‘ staff with the Magic, Adrian Wojnarowski of Yahoo! Sports reports (Twitter link). Elie has previously been an assistant for the Mavs, Kings, and Nets.

Chuck Myron contributed to this post.

Mutual Interest Between Lakers, Dwyane Wade

June 21st, 2015 at 5:40pm CST by Chuck Myron

The Lakers and Dwyane Wade have mutual interest, reports Chris Mannix of SI.com, citing league sources (Twitter link). Barry Jackson of the Miami Herald previously reported that associates of Wade had identified the Lakers as a strong alternative if the Heat and its long-tenured shooting guard can’t come to terms (Twitter link), and it appears that the Lakers would like to take Wade up on the idea. Many execs nonetheless see Wade’s push for more than the Heat are willing to give as saber rattling, Mannix hears, pointing out in a second tweet that it’s difficult to envision the Lakers providing Wade with a better chance to win than he has in Miami. However, the Lakers have the cap flexibility necessary to give the Henry Thomas client the $20MM salaries that he’s apparently eyeing on a three-year deal.

Wade, who has a $16.125MM player option for next season and has hinted that he’ll opt out, is open to leaving the Heat, who’d prefer he opt in, as Jackson reported last month. A friend of Wade’s told Jackson that the Heat, if he won’t opt in, would like him to sign a deal worth $16MM next season and $10MM in each of the next two.

The Lakers have only about $35MM in guaranteed salary for next season against a projected $67.1MM cap. They wouldn’t have enough left over to sign Wade to the sort of salary he’s looking for if they land another marquee target, like LaMarcus Aldridge or Kevin Love, without making some sort of salary-clearing trade. Presumably Wade, at 33 and with persistent knee concerns, is farther down the list of would-be targets, though the Lakers are also reportedly likely to chase Heat backcourt mate Goran Dragic, who’d be more likely to leave Miami if Wade does, as Jackson reported. The Heat are planning a five-year offer worth more than $80MM that’s less than the max for Dragic.

Wade’s father, who went as far as to appear in public wearing a Cavs T-shirt, has dropped vague hints that the Heat star is ready to leave Miami, as Ananth Pandian of CBSSports.com observes, though Wade himself, at least at the time of Jackson’s initial report last month, prefers to stay in Miami, all things being equal. We invited Hoops Rumors readers to discuss the issue as part of a recent Hoops Rumors Community Shootaround.

Western Notes: Wade, Lakers, Nuggets

June 21st, 2015 at 4:56pm CST by Dana Gauruder

Dwyane Wade sees the Lakers as an possible destination if he declines his player option, Chris Mannix of Sports Illustrated tweets. There is a mutual interest, league sources told Mannix, despite the Lakers being in rebuild mode. Wade reportedly would welcome $20MM salaries if he turns down his $16.125MM player option. The lure of playing in Los Angeles and the team’s ample salary cap room could be the attractions for Wade, Mannix adds in a separate tweet. The Lakers have also been linked to free agent Goran Dragic, Wade’s backcourt partner in Miami.

In other news around the Western Conference:

The Lakers are well aware of the failures of previous No. 2 overall picks, Bill Oram of the Orange County Register reports. Since 2000, only three players drafted at that spot – Tyson Chandler, LaMarcus Aldridge and Kevin Durant – became All-Stars while several have been complete busts, including Darko Milicic, Hasheem Thabeet and Stromile Swift, Oram continues. That does not mean the Lakers are inclined to trade the pick, Oram adds. “I don’t think we’re going to end up saying, ‘15 of the last 18 No. 2 picks have not been great selections, therefore we must trade the pick,’” Lakers GM Mitch Kupchak told Oram.
Tyus Jones is expected to work out for the Nuggets on Monday, according to Chris Dempsey of the Denver Post (Twitter link). That’s an interesting development, considering Denver has the No. 7 overall pick and the Duke point guard is currently rated No. 23 on ESPN Insider Chad Ford’s Top 100 Prospects list and No. 14 by DraftExpress’ Jonathan Givony. That may be a signal the Nuggets are looking to trade down or acquire another pick.
Kings coach George Karl doubts that the player they draft with the No. 6 overall pick could play 30 minutes a game next season, Jason Jones of the Sacramento Bee tweets. That follows the thinking of many scouts who see this draft filled with role players, Jones adds in a separate tweet.

Hoops Rumors Community Shootaround 6/11/15

June 11th, 2015 at 11:00pm CST by Eddie Scarito

Some of the greatest joys of being a sports fan, besides your favorite team winning the championship, are the debates that arise between fellow sports nuts along the way. It’s with this in mind that we at Hoops Rumors want to provide a forum for basketball fanatics to voice their opinions, debate trending topics, and simply hang out with like-minded hoops aficionados. We’ll be posting a topic for discussion on weeknights, and we hope that this will become a regular part of your sports day.

Of course, there will be differing opinions from time to time. While we absolutely encourage lively discussion and debate, we do expect everyone to treat each other with respect. So, please refrain from inappropriate language, personal insults or attacks, as well as the other taboo types of discourse laid out in our site’s commenting policy. Speaking of commenting: we’ve made it much easier to leave a comment here at Hoops Rumors. Just put in your name, email address, and comment and submit it; there is no need to become a registered user.

Now that I’ve gotten the preamble and the fine print out of the way, it’s time to open the floor for our first topic: Dwyane Wade‘s contract situation with the Heat…

The Heat and Wade have been talking and there appears to be a significant difference in what the two sides believe Wade’s next deal should be worth, according to Barry Jackson of The Miami Herald. The latest report from Jackson pegged the proposed deal at $16MM for 2015/16, and then $10MM for each of the remaining seasons. This is far from the reported $20MM per season that Wade is seeking.

Wade has played the part of the good soldier for the Heat in the past, accepting lower salaries on his previous contracts so that the team would have greater flexibility to construct its roster. The guard likely did so with the understanding, or at the very least, the hope, that his loyalty would be rewarded down the line. There is a chance that if the organization does not up its offer to Wade, he’ll opt out of his deal this summer and head elsewhere.

So the question I’m asking you today is this: How should Miami handle Wade’s contract situation? Should the Heat pay Wade what he wants as a reward for his past service? Or should the team hold fast and risk losing a 33-year-old player who has averaged just 58 contests over his last four seasons, despite him being the face of the franchise? Head to the comments section below to voice your thoughts and opinions. We look forward to what you have to say.