Create Profile

Creating your profile will enable you to submit photos and stories to get published on News24.

Please provide a username for your profile page:

This username must be unique, cannot be edited and will be used in the URL to your profile page across the entire 24.com network.

Facebook Sign-In

Hi News addict,

Join the News24 Community to be involved in breaking the news.

Log in with Facebook to comment and personalise news, weather and listings.


Bosh joins LeBron, Wade, tells Miami Heat he opts out

30 June 2014, 16:11

Miami - LeBron James went first. Dwyane Wade followed a few days later. And now Chris Bosh has made it a clean sweep. The Heatles, as the Miami Heat trio is known, are free, for now anyway.

Bosh told the Heat on Sunday that he, like James and Wade, will be exercising the early termination option in his contract and forgoing the final two years on his Miami deal — making him a free agent. The move was not unexpected, and gives the Heat a gigantic amount of financial flexibility to shop with when the free-agent window officially opens at midnight Tuesday.

Bosh's decision was the last domino that the Heat needed to fall in order to free up the biggest amount of money possible heading into free agency. In pro North American sports, players are free to negotiate with any team once their contracts are up.

James, Dwyane Wade and Chris Bosh famously teamed up in 2010 to accept a little less than the NBA's maximum salaries in 2010, allowing Miami to sign all three and afford help around them. That was the last time free agency was accompanied by the sort of frenzy that will envelop the NBA over the next few weeks.

If Miami's Big Three do something similar now, that could allow the Heat to replenish their roster, which would have been nearly impossible if they had decided to keep playing under their existing contracts.

James, basketball's biggest star, averaged 27.1 points this past season. He turns 30 next season and might just be entering his prime.

In James' four seasons in Miami, the Heat have been to the NBA Finals in each of those years, winning two championships and more games than any other team over that span. James seems to have largely recovered from the hit his image took when he left hometown Cleveland for Miami, often saying he's much happier now as a person than he was then.

Like James, Bosh could have made $20,590,000 this coming season, and $22,112,500 in the 2015-16 season. Wade was due to make slightly less in each of those years, but between those three and Udonis Haslem — who did not exercise a player option to make $4.6 million next season — that's about $66 million in salary that Miami could have been locked in to paying if these decisions went another way.

Instead, the thinking seems to be that in order for the Heat to get better, players knew they needed to give Heat President Pat Riley room to work.

"Being able to have flexibility as a professional, anyone, that's what we all would like," James said earlier this offseason, shortly after the finals.

Riley expressed similar sentiments when James opted out Tuesday and Wade exercised his option Saturday. On Sunday he recognized Bosh's role in Miami's run of success.

"Chris is one of the most versatile and dynamic big men in this league, and he has been an instrumental key to our championship success over the last four seasons," Riley, the Heat president, said in a statement released by the team. "We look forward to meeting with Chris and his agent in the coming days to discuss keeping him in Miami for many years to come."

All three will be free to sign elsewhere, but there's no indication yet that they'll even look at other clubs — and if they agree to new deals with the Heat, the team would almost certainly have more than enough financial freedom to upgrade.

Bosh, who averaged 16.2 points this past season, told The Associated Press this month: "I like it here. It's Miami. Enough said. People are dying to get here."

The NBA's salary cap, which exists to keep richer teams from outspending lesser ones, is expected to be somewhere around $63.2 million for next season, so the Heat will have tons of spending power. Much of that, they hope, will go right back to keeping James, Wade and Bosh together. The luxury tax threshold should be around $77 million next season, and perhaps up to $81 million for the following year.

Reserve guard Norris Cole has a guaranteed contract for just over $2 million for next season, and little-used center Justin Hamilton has a partially guaranteed deal that could wind up being worth $816,000. Everyone else from the team that lost to San Antonio in five games in this season's finals either will be a free agent, or in Shane Battier's case, has retired.

Among other key Heat free agents: Ray Allen has indicated he would think about returning, point guard Mario Chalmers is expected to listen to other teams but said late in the season that he enjoys Miami, and forward Chris Andersen said he's prepared to play the waiting game.

For the latest on national news, politics, sport, entertainment and more follow us on
 Twitter and like our Facebook page!

- AP


Read News24’s Comments Policy

Comment on this story
Comments have been closed for this article.

Read more from our Users

Submitted by
Wilson Ochieng
DP Ruto accuses Raila of selling ...

DP Wiliam Ruto has castigated Raila Odinga for seeking western support to fund his 2017 election bid. Read more...

Submitted by
William Korir
Peter Kenneth announces Uhuru 201...

Peter Kenneth has announced that he will support President Uhuru Kenyatta in the 2017 elections. Read more...

Submitted by
Wilon Ochieng
Labour Party to dump both Jubilee...

The Labour Party of Kenya is likely to avoid supportoing both the CORD and Jubilee factions during the 2017 General Elections. Read more...

Submitted by
William Korir
Ukambani MP quits Jubilee, to run...

An Ukambani MP has quit the Jubilee Party, citing voter apathy as his reason behind leaving the ruling coalition. Read more...

Submitted by
Victor Tinto
Government launches probe into Po...

The government has launched an inquiry into the circumstances that could have led to two National Police Service helicopter accidents in August and September this year. Read more...

Submitted by
Wilwon Ochieng
Deputy Governor's ally found with...

The EACC has recovered KES 2 million in fake currency from a close ally of Deputy Governor for Tharaka Nithi Eliud Mati. Read more...