mystictongue3

D wad3 & Free Agency

In HOT BUTTON TOPIC, NBA, PHILOSOPHY OF SPORT, SPORTS on July 9, 2009 at UTC.44.31.
  • If Wade extends this off-season, he would make $92 million over the next 5 seasons. He would become a free agent after the 2013/14 season at age 32.
  • If Wade opts out and re-signs with the Heat, he would make $141 million ($92 million over the next seven seasons (over the first five seasons; $49 million the following two seasons). He would become a free agent after the 2015/16 season at age 34.
  • If Wade opts out and re-signs with another team, he would make $112 million over the next six seasons ($90 million over the first five seasons; $22 million the following season). He would become a free agent after the 2014/15 season at age 33.
  • If Wade opts in and re-signs with the Heat after the 2010/11 season, he could make $169 million over the next eight seasons ($93 million over the first five seasons; $77 million the following three seasons). He would become a free agent after the 2016/17 season at age 35. Consider this:
  • A new, more restrictive CBA is likely to come into effect after the 2010/11 season. Although, like Shaquille & Garnett who had their contracts grand-fathered in were able to get 105% of their old $$ applied to their new deal. The CBA allows for this, so a newer restrictive CBA wouldn’t adversely affect Wade.
  • Due to the restraints from the new salary cap & luxury tax threshold, the Heat cannot get the same value for (its over $40 million in expiring contracts) them in free agency next off-season as the team could via trade this off-season. This makes this off-season crucial for Wade & the team to add stars & role players around him.

  • For example, the Heat could get back $23 million  of long-term value for Jermaine O’Neal in a trade this off-season. Next off-season, the Heat can only spend up to the projected $50 million salary cap in free agency. Since Wade and Beasley already command $22 million, the Heat would have $28 million to fill out the entire rest of the roster.

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