Jun 12, 2014; Miami, FL, USA; Miami Heat guard Dwyane Wade (3) dribbles during the second quarter of game four of the 2014 NBA Finals against the San Antonio Spurs at American Airlines Arena. Mandatory Credit: Robert Mayer-USA TODAY Sports

NBA Rumors: Is Dwyane Wade Opting Out?

NBA Rumors

Good news, Miami Heat fans, it appears that the first domino of the offseason in keeping LeBron James in a Heat uniform is going to fall your way.

According to a report from Mitch Lawrence of the New York Daily News, Dwyane Wade is likely to opt out of his final two seasons of his contract, making way for him taking a much-needed pay cut. More importantly, freeing up a few more million dollars in cap space for Pat Riley to potentially surround LeBron James with a much better supporting cast than the Heat had this past season.

[via the New York Daily News]

Dwyane Wade is likely to opt out of his final two seasons, at $41.5 million, and probably accept a deal from the Heat worth $50 million-$55 million over four years to help the team open up cap space.

Assuming this report is true, or anywhere close to being true, this is exactly what Heat fans wanted to hear. When many believed that Wade would simply opt in to his $20-plus million dollar pay check next season, this move wouldn’t exactly come as a surprise.

Wade didn’t exactly finish this season on a high note. He played arguably his two worst games of the season in Games 4 and 5 of the NBA Finals against the San Antonio Spurs — everyone was calling for his head. Even Pat Riley said that Wade needed to “reinvent” himself this offseason.

Perhaps the first part of reinventing himself is re-signing at a rate that he’s worth, not at a max level.

Wade averaged 19 points per game during the regular season (54 games) and 17.8 points per game in the playoffs (20 games).

 

Tags: Dwyane Wade Miami Heat NBA NBA Free Agency NBA Rumors

  • Petros Poulos

    If this is true and the Knicks wind up with Carmelo, the winner of the West should just refuse to play the winner in the Finals. This is dangerously unfair. It’s an All – Star team. Wade’s knees won’t last another 4 years.

    • disqus_atlq8Zmtsd

      I assume you meant if the Heat wind up with Melo. It won’t happen. Not because it shouldn’t. Not because Miami can’t open up the money. Simply put, Melo has too much positional overlap with James. Miami would be better off getting Lowry even though Lowry isn’t as good. So overpay Lowry a little and use the leftovers to get a decent center with a nice midrange shot if you are able to open up Melo type money.

      As far as the West refusing to play them… I didn’t hear anyone complain when Duncan, Parker, and Manu all signed for less than they could have gotten on the open market to free up room to do things like build that super deep bench that was so touted.