Heat Stars Not Planning Hometown Discounts?
LeBron James, Chris Bosh and Dwyane Wade aren’t going to be “sacrificing millions for the good of the team,” a source tells Mitch Lawrence of the New York Daily News. All three have early termination options on their contracts that they can exercise at season’s end, and it appears they’ll seek the highest paydays possible after signing for less than the maximum salaries they all could have commanded in 2010.
James would no doubt become the most sought-after free agent on the market if he opts out, though he’s given no indication about whether he’ll do so, nor has he suggested that any team would be the favorite to sign him. Similarly, no such hints have come from Bosh, who should also warrant maximum-salary offers if he were to become a free agent, or Wade, whose age (32) and knee troubles would make him the least desirable of the three.
All three could make the most money over the next two seasons by remaining under their current deals, which run though 2015/16. James and Bosh are set to make $20.59MM each in 2014/15, with Wade slated for $20.164MM. If they opt out, the maximum that James and Bosh could make as a starting salary in a new deal, whether with Miami or another club, would be $20,020,875, or 105% of their current salaries. The max for Wade would be $19,606,650. It’s conceivable that the NBA’s maximum salary could rise high enough to make it somewhat more lucrative for all three to sign new contracts, but that won’t be determined until after the July Moratorium, past the deadline for the trio of stars to decide on their early termination options.
Still, they could guarantee themselves a greater sum of money over the long-term if they opted out and signed new four- or five-year contracts. The Heat stars took less than the max in 2010 to join up, with Wade, then still in the prime of his career, making the largest sacrifice. James, Wade and Bosh were all clients of the Creative Artists Agency at the time, but James has since left to join longtime friend Rich Paul of the Klutch Sports Group. If the three stars opt in and rejoin the Heat next season, each has another opportunity to get out of their respective deals via player option in the summer of 2015.
Miami has Bird Rights with all three, allowing the team to exceed the salary cap to re-sign them. The issue for the Heat, as it has been over the past few years, would be figuring out how to maintain a championship-caliber roster around their stars, particularly if Wade’s health continues to decline. The Heat have recently convinced several others to take discounts, but they’ve nonetheless paid the luxury tax the past two seasons, and are set to do so again. The tax penalties will become much greater next season, when repeat offender tax rates kick in.
Lawrence On Deng, Cavaliers, Irving, Heat
As usual, the latest weekly column by Mitch Lawrence of the New York Daily News is filled with intriguing rumors and notes. Let’s dive in and look at some of the most notable pieces:
- Luol Deng was not happy to be traded to the Cavaliers, according to Lawrence. Deng reportedly expressed disdain for his new team to a close friend: “The stuff going on in practice would never be tolerated by the coaching staff or the front office back in Chicago. It’s a mess.” Should this report be true, it doesn’t sound like Deng will be open to staying in Cleveland beyond this season. Most Hoops Rumors readers don’t seem to think he will anyway.
- Lawrence hears that Cavaliers GM Chris Grant is expected to lose his job at the end of the season as ownership grows tired of losing and hearing about persistent locker room issues. Since trading for Deng, the team is 4-7 and still remains out of the playoff picture in the weak Eastern Conference.
- A league source tells Lawrence that Kyrie Irving is close to firing his agent, Jeff Wechsler. Reportedly, Wechsler wants Irving to stay in Cleveland, but Irving would prefer to leave the Cavs and become a member of the Knicks. Just a few days ago, we heard Irving strongly deny he has any desire to leave Cleveland.
- The Heat have expressed interest in retaining LeBron James, Dwyane Wade, and Chris Bosh, but Lawrence hears that all three have “sent signals” that they want to get a maximum deal in free agency since they all took pay cuts to sign together in Miami three summers ago.
- One insider for the Heat spoke on a potential end to the big three era in Miami, telling Lawrence, “that’s a real concern for us. The biggest concern? LeBron leaving.“
Southeast Rumors: Beal, Magic, Heat, Wade
The max extension John Wall received this summer had an influence on Bradley Beal‘s willingness to stay with the Wizards when he becomes a free agent, as the second-year shooting guard tells USA Today’s Adi Joseph.
“It’s good for the team,” Beal said of Wall’s contract. “He’s the leader. He’s the head of the snake. It just makes my decision that much easier, if I want to continue to play with him over the next couple of years.”
Beal won’t become extension-eligible until the summer of 2015, and the earliest he could hit restricted free agency is the summer of 2016. Still, Wall’s contract appears to have forged some stability for Washington, which has sorely lacked it in recent years, as Joseph notes. Here’s more from the Southeast Division:
- The Magic were one of 26 NBA franchises to turn a profit last year, according to a Forbes.com report, but teams typically dispute those figures. Magic CEO Alex Martins tells Josh Robbins of the Orlando Sentinel that his club didn’t wind up in the black. “We have not made a profit in over a decade,” Martins said. That’s a product primarily of the DeVos’ approach that they’re going to continue to reinvest in the business and continue to reinvest in the product on the floor. But to assert that we made an operating profit last year is completely inaccurate.”
- The Heat‘s money-saving moves have weakened the team at the wing positions, making them more vulnerable to the Pacers, as Brian Windhorst of ESPN.com examines.
- Heat stars Dwyane Wade and Chris Bosh are two of the most noteworthy omissions from the preliminary roster that Team USA released this morning, and it’s a sign of the times for the 32-year-old Wade, who’ll miss his fourth straight game tonight with knee soreness. Joseph Goodman of the Miami Herald has more. “We appreciate the service he gave us … but it’s time for us to move on,” USA Basketball executive director Jerry Colangelo said of Wade.
Odds & Ends: Kobe, Bulls, Heat, Wizards
Kobe Bryant says he gave no thought to leaving the Lakers in free agency, and defended himself against criticism that his extension will hurt the team, as USA Today’s Jeff Zillgitt observes. Most Hoops Rumors readers agree, believing the Lakers will sign another max free agent in either 2014 or 2015. Here’s more from the Association:
- The Bulls seem likely to get a disabled player exception after Derrick Rose‘s injury, but that doesn’t mean they’ll use it, as Salary Cap FAQ author Larry Coon explains (Twitter links).
- There’s no sign of any rift between LeBron James and Dwyane Wade, and as the Cavs and others lurk in free agency, LeBron seems as much a part of the Heat as ever, writes Joseph Goodman of the Miami Herald.
- Wizards president Ernie Grunfeld says he has no plans to make a roster move in the next two weeks while Bradley Beal recovers from a stress injury in his right leg, observes Michael Lee of the Washington Post. Beal will miss at least that amount of time.
- Ric Bucher of Bleacher Report hears from a source that new Grizzlies coach Dave Joerger is getting “considerable direction” from the team’s ownership and front office. “They’re suggesting lineups,” said the source. “Aggressively.”
- In an Insider-only piece for ESPN.com, Jeff Goodman makes the case for why Oklahoma State point guard Marcus Smart could receive some consideration as the first overall pick next June.
- Marc J. Spears of Yahoo! Sports catches up with Josh Howard, who is playing with the D-League’s Austin Toros as he attempts to make his way back to the NBA.
- FIBA approved moving the 2018 basketball World Cup to 2019, as Lefteris Moutis of Eurohoops.net writes. Qualification will take place while most pro leagues are in session, a move that probably isn’t popular with the NBA.
- Mike Woodson made it clear to reporters today that the perception he doesn’t like Iman Shumpert is off base, as Frank Isola of the New York Daily News tweets.
Luke Adams contributed to this post.
Eastern Notes: George, Wade, Shumpert, LBJ
The Nets will look to snap a five-game losing streak tonight when they take on the Atlantic Division leaders in Toronto. As we look forward to that game and the three others on Tuesday’s slate, let’s check in on a few items from around the Eastern Conference….
- Grantland’s Zach Lowe provides a couple interesting details on Paul George‘s extension with the Pacers. Because he signed a max deal, George would be eligible for up to 30% (rather than 25%) of the salary cap if he earns All-NBA honors this season, thanks to the Derrick Rose rule. However, if he does meet the Rose criteria, George’s salary will be just 27% of the cap, according to Lowe. In exchange for that concession, the Pacers forward received a player option on the fifth year of his new deal.
- Seeing Kobe Bryant sign an extension that will likely assure he finishes his career as a Laker has strengthened Dwyane Wade‘s own desire to spend the rest of his career with the Heat, as he tells Shandel Richardson of the South Florida Sun Sentinel. Wade will be eligible to opt out of his deal next summer, but isn’t expected to go anywhere.
- Iman Shumpert didn’t record a single point, rebound, or assist in more than 23 minutes of action last night, but insisted trade rumors weren’t the reason for his poor outing, according to Al Iannazzone of Newsday.
- Sean Deveney of the Sporting News spoke to league executives about the possibility of LeBron James returning to the Cavs, and the consensus was that it may happen eventually, but likely not as soon as next summer.
- Amin Elhassan of ESPN.com (Insider link) identifies six potential trade targets for the Bulls as they look to fill their hole at point guard.
Odds & Ends: Hayward, Jazz, Nash
While the Jazz and Gordon Hayward fell short of agreeing on a contract extension last week, both Hayward and the franchise are still interested in getting something done eventually. Hayward told Jody Genessy of the Deseret News: “(Not reaching an agreement) in no way changes the way I feel about Utah at all…I love being here. I love playing for them…Hopefully (an extension) will get worked out next summer.”
Utah GM Dennis Lindsey had this to say about Hayward’s agent Mark Bartelstein and future negotiations: “Mark’s been one of the best agents in the business because he negotiates hard. He was fair. He played by the rules. He’ll continue to play by the rules. We’ll be fair as well, and we’ll come back and start talking in July…Just because (Hayward) said no to our last offer, his character hasn’t changed. He is an outstanding person…He’s someone we can see being in a Utah Jazz jersey until he retires. That’s our hope. We think we’re great fits.”
We have a handful of miscellaneous news and notes to pass along tonight, and you can read them below:
- ESPN LA’s Arash Markazi weighed in on some of the rumblings which suggest that Steve Nash could eventually wind up in Toronto, saying that a deal between the Raptors and Lakers makes sense but isn’t sure if something gets done. Markazi opines that L.A. would like to clear Nash’s salary off their books while the Raptors would enjoy increased ticket sales by bringing the Canadian legend back to his home country (All Twitter links).
- Alex Kennedy of Hoopsworld tweeted a list of players who may be traded this season, including: Omer Asik, Jameer Nelson, Arron Afflalo, Glen Davis, Evan Turner, Rajon Rondo, Brandon Bass, and Gerald Wallace.
- Kennedy also shared what 76ers rookie Michael Carter-Williams told him about his chances on winning the Rookie of the Year Award: “I think I have a pretty good chance at it. I’m just going to go out there, play my game and hope for the best” (Twitter link).
- Entering tonight’s game with a record of 1-2 before their win against the Wizards, LeBron James and Dwyane Wade acknowledged that some minor chemistry issues are affecting the team (Michael Wallace of ESPN.com). More specifically, Wade had this to say: “Let me give you an example…If you’re in a relationship with a woman for a long time, you start getting comfortable. You stop doing the little things that you should do, that you did in the beginning. It’s just like a relationship. We got a little comfortable. Now we have to get back on that edge a little bit.”
- Al Iannazzone of Newsday writes that Knicks forwards Amar’e Stoudemire and Kenyon Martin will have their own individualized schedules as far as playing or sitting out games, a decision meant to preserve the health of both in the long run.
- Mavericks point man Jose Calderon appears to be regaining his groove after a sluggish start to the season, writes Dwain Price of the Star-Telegram.
Odds & Ends: Kobe, LeBron, Cavs
T.J. Simers of the OC Register writes that Lakers executive Jim Buss believes he has an understanding with Kobe Bryant regarding next summer, in which he’ll let him hit free agency, spend the money accordingly on free agents, and offer whatever’s left to the Lakers’ star afterwards. When Simers asked him to elaborate, Kobe “vaguely” responded: “We’ve probably talked (about it)…but I’m putting off any thought of that.”
In another piece, Kobe spoke with Mike Bresnahan of the LA Times about his inability to mesh with Dwight Howard last season: “We saw different ways of going about leading this team…Dwight wanted to do it one way and he felt like it was effective. I wanted to do it another way. It was constant tension the second half of the season.”
Here are a handful of tonight’s links to pass along from around the Association:
- LeBron James remained diplomatic when asked if winning a third consecutive ring would provide an answer to whether or not he’ll stay in with the Heat beyond this year: “When that bridge comes, I’ll cross it with my family…And we’re going to make the right choice. We’ve been in this position before, I’ve been in this position before, and I’ll be excited about it, but we’ll see what happens” (Joseph Goodman of the Miami Herald).
- LeBron was also quick to assert that his focus is on the upcoming season, and later emphasized Dwyane Wade‘s health as the key to Miami’s success: “Winning, that’s my only concern right now, winning…I want to put a third ring on the guys that have two. I want to put a first ring on the guys that don’t have any and I want to put a fourth on [Udonis Haslem] and D-Wade. So, that’s my goal…Without (Dwyane), this ship doesn’t continue to move without him, and I hope he knows that,..I think he knows that because he’s a big part of what we do.”
- Cavaliers coach Mike Brown is still undecided about how he’ll handle the rotation at small forward this season, having been torn between Alonzo Gee and Earl Clark: “Nobody’s really separated themselves drastically from the other guy…One game, one guy’s played pretty good, then another guy’s played pretty good. … I told those guys, it can go into the regular season, just keep yourself ready to go in case your number’s called” (Jodie Valade of The Plain Dealer).
- Steve Nash spoke with Mark Medina of InsideSoCal.com about the challenges of staying healthy at this point in his career.
- USA Today’s Sam Amick goes over what he’s learned so far after watching the pre-season.
- Jody Genessy of the Deseret News says that the Jazz’ signing of Jamaal Tinsley makes Lester Hudson and Scott Machado longshots to make the final cut.
Odds & Ends: Kidd, Bynum, Bennett
For some, it may be difficult to fathom that 12 years have already gone by since Jason Kidd landed with the Nets through an offseason trade with the Suns, and that tonight, the franchise is honoring him by retiring his No. 5 uniform (video link via USA Today) in the rafters. Once he arrived in New Jersey in 2001, Kidd appeared more than ready for the revitalization process and leadership role on a team that had missed the playoffs in six of the last seven seasons prior to his arrival:
“(He) told the players, ‘I don’t care what went on here before. We will make the playoffs,'” recalled Rod Thorn, the team president who had made the trade. “Guys were looking at Jason like, ‘What the heck are you talking about?” (ESPN New York’s Ian O’Connor).
The team would go on to win 52 games that season en route to two straight Finals appearances and six consecutive playoff berths. Though Kidd would ultimately fall short of leading the Nets to an NBA title as a player, he now takes on the opportunity of coaching a team with championship aspirations. How far he’ll lead Brooklyn this year remains to be seen, but it’s clear that Kidd could be in the midst of his most special chapter with the Nets’ franchise. Here are some of tonight’s miscellaneous news and notes:
- Newsday’s Roderick Boone found that Heat superstar LeBron James wouldn’t comment on whether or not the Nets could contend for a title along with the Heat. Dwyane Wade, on the other hand, had this to say: “(Brooklyn) they did what they said they were going to do. They want to compete for a championship” (Twitter links).
- Jason Lloyd of Ohio.com reports that Cavaliers center Andrew Bynum is now near his usual playing weight of 285 lbs and is inching closer to a return to the court.
- Earlier tonight, Cavs coach Mike Brown revealed that first overall pick Anthony Bennett has been dealing with asthma and sleep apnea (ESPN via the Associated Press). Though Brown says that the breathing issues are noticeable, it doesn’t appear that it’ll affect the way he tries to use Bennett in his rotation this season: “It’s been tiring to watch him because every time I watch him he’s (gasping)…It makes me tired, so I try not to look at him. I tell him, `If you need a sub, just tell me. Otherwise I’m not going to look at you.”
- Trail Blazers forward Nicolas Batum calls Joel Freeland his “training camp MVP,” while head coach Terry Stotts admits that the 6’11 center has had a good training camp thus far. Joe Freeman of the Oregonian writes that Freeman’s quiet transition into a Nick Collison-type of player could produce an opportunity to find a spot in Stotts’ rotation.
- Nuggets coach Brian Shaw likes what he sees in Wilson Chandler, and team GM Tim Connelly was quick to name him as the most likely to have a breakout year: “He got here about two months ago. He’s in great shape. He’s got the right mindset. Playing for a guy like coach Shaw could really allow him to take that next step” (Aaron J. Lopez of Nuggets.com).
Odds & Ends: Heat, Jazz, Bulls, NBPA, Collins
The potential expiring contracts for the Heat's Big Three will be a major topic of conversation throughout the 2013/14 season, but LeBron James and Dwyane Wade both downplayed the subject at Media Day in Miami today.
"You have concern when you feel people want to go elsewhere," Wade said, according to Ira Winderman of the South Florida Sun Sentinel (via Twitter). "I don't think nobody is looking to go elsewhere."
Here's more from around the NBA:
- Jazz GM Dennis Lindsey confirmed that the team is still in talks with Derrick Favors and Gordon Hayward about possible rookie-scale extensions, tweets Bill Oram of the Salt Lake Tribune.
- In talking to reporters, including Joe Cowley of the Chicago Sun-Times, about why he decided to sign with the Bulls, Mike Dunleavy Jr. pointed to the team's "high character."
- Dahntay Jones is ready to compete in training camp for a spot on the Bulls' regular-season roster, as K.C. Johnson of the Chicago Tribune details.
- Former Illinois guard Brandon Paul, who went undrafted in June, explains to Gino Pilato of Ridiculous Upside why he's heading overseas rather than to NBA training camp. According to Paul, he received and passed on camp invites from the Wolves, Nets, Blazers, and Heat.
- After previously having tackled ten of the best contracts of the offseason, Mark Deeks of HoopsWorld shifts his focus and identifies ten of the worst contracts, including the Bobcats' signing of Al Jefferson, and the Pistons' deal with Josh Smith.
- The NBA Players Association is aiming to have a new executive director in place by the 2014 All-Star break, sources tell Gary Washburn of the Boston Globe.
- ESPN.com's Marc Stein tweets that Jason Collins continues to work out "a ton" as he attempts to stay in shape in the hopes that an NBA team will show interest in signing him once the season gets underway.
- Evaluating the Kings' signing of DeMarcus Cousins to a max extension, Daniel Leroux of RealGM.com gives the team a grade of D+ and the player a grade of A.
Kyler’s Latest: Pelicans, Knicks, Heat
Steve Kyler of HoopsWorld continues to examine potential trade situations for various NBA teams, today focusing on the Pelicans, Knicks, and Heat. Let's check out Kyler's NBA AM piece and round up a few of the highlights….
- The Pelicans' lack of a "bruising inside player" could be cause for concern, according to Kyler, who says that the team may look into acquiring a true center if Anthony Davis struggles in his minutes at the five.
- J.R. Smith's health will be one of the big questions for the Knicks this season, as the reigning Sixth Man of the Year recovers from knee surgery. If he's unable to return to 100% health, or has any setbacks, New York could target a replacement via trade, though the club likely wouldn't get aggressive until close to the deadline.
- Those close to the situation in Miami say the Heat should be more wary of the summer of 2015 than 2014, according to Kyler. LeBron James, Dwyane Wade, and Chris Bosh each essentially have player options in each of the next two offseasons, so any or all of the Big Three could opt out in either '14 or '15.
- Kyler views Bosh and Wade as good bets to play out their current contracts, since neither player is likely to receive a raise in free agency. LeBron could obviously land a bigger long-term deal if he opts out, but he's unlikely to leave Miami while Wade and Bosh are still healthy and productive, says Kyler.
- The Heat have several expiring contracts that could be used to faciliate deals at the 2014 trade deadline, if necessary, and Kyler notes that the team essentially has zero guaranteed money committed for 2014/15, meaning Miami could be in position to add even more talent. I'm not sure how realistic that is though — if we assume Bosh, Wade, Udonis Haslem, and Joel Anthony all opt in, and the Heat pick up Norris Cole's option, that takes team salary for '14/15 up over $51MM, and that's not even counting LeBron.