Miami Heat rumors indicate Dwyane Wade wants a max contract. It seems that Wade will either receive a max deal from the Heat or head deeper into free agency during the NBA offseason. A report from Sports Illustrated on Thursday, July 2, confirms the thinking of the former NBA Finals MVP, but this might put the team in a really difficult position.
As previously reported by the Inquisitr, the Heat just agreed to a five-year, $90 million contract with point guard Goran Dragic. That number increased the guaranteed salaries quite a bit for the team, possibly putting the team at risk of paying a very hefty luxury tax penalty. Giving Wade a max deal would further that risk, especially if he wants a long-term deal.
Without even adding the possible contract of Dwyane Wade into the mix, the Heat are already at about the salary cap limit for the 2015-16 NBA season. There are still a number of Miami Heat rumors floating around about teams that might try to sign Wade as a free agent. That includes the Los Angeles Lakers and New York Knicks; two teams that could certainly use an impact player on offense. It means that there are definitely going to be suitors if the Heat don’t get serious in negotiations with the face of the franchise.
Looking at this situation just from the perspective of Wade, he made the smart move by opting out of the final year in his contract. He was slated to earn about $16.1 million after agreeing to a deal that would allow the Heat to sign LeBron James and Chris Bosh. Now that James has gone to play for the Cleveland Cavaliers (again) and Bosh secured his own max deal, Wade sees this situation as one where he has also earned the right to be one of the highest-paid players in the league. He won’t make the same $25 million as Kobe Bryant for the 2015-16 NBA season, but he might get pretty close.
It should be really interesting to see what team president Pat Riley does here. He has indicated in the past that he definitely wants to bring Dwyane Wade back, and from a fan standpoint that would be a wise move. If the salaries start to become an issue, though, expect numerous Miami Heat trade rumors to surface as the team looks to pay less in the luxury tax penalties. Right now, negotiations are still ongoing between the Heat and Wade.
An update on the negotiations between Dwyane Wade and the Miami Heat indicate the sides may have come to terms. An ESPN report is stating that it is a one-year contract worth $20 million.
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