Tag: Dwyane Wade (Page 26 of 31)

Wade plans to stay put

Per the NY Times

“I want to be in Miami, and I hope everything works out that way,” Wade said Thursday. “I want to be one of those players that stays with one franchise for his entire career.”

“Next year will be a big year for myself and for the team, but the plan has always been to stay with the Heat, and that’s still the plan,” he said. “I think everything will work out.”

The NY Post went a step further, asking Wade if the Knicks or Nets had a chance of signing him.

And while admitting the Heat were still the favorites, for his services, he pretty much dashed any hope of the Nets or Knicks getting him. After saying firmly “The Heat” as the frontrunner, he was asked point blank if the Nets or Knicks had a chance.

“Not in my mind. I’m not thinking about the Knicks or the Nets. Only when we play them,” Wade said.

In a piece about which teams will project to have a lot of cap space next summer, I wrote this about the Heat…

Of these five teams, the Heat look to be in the best overall shape. Their projected payroll already includes Dwyane Wade, so they have enough to woo another superstar (LeBron, Bosh, Amare, Boozer?) to Miami. They also have a few good young players (Michael Beasley, Daequan Cook and Mario Chalmers) under contract, and the city boasts a great climate and nightlife. But the real draw is playing with Wade, who has already proven that he can win a championship if he has a little help.

There might be a little chicken and the egg thing going on here. In order for the Heat to attract a top free agent like Chris Bosh or Amare Stoudemire, they need to have a commitment from Dwyane Wade that he’ll re-sign. (Last summer, Baron Davis learned this the hard way when Elton Brand bolted for Philly.) But in order to get Wade to re-sign, he needs to know that there’s help on the way.

Right now, the Nets (with a nice core of Devin Harris and Brook Lopez) and the Knicks (great market) look to be the two biggest threats to stealing Wade away. In his own words, he doesn’t think there’s much of a chance of that happening.

But a lot can happen in a year.

Odom-to-Miami looking like a real possibility

Yesterday, when we learned that Lamar Odom called Lakers owner Jerry Buss to try to smooth things over, it seemed (fairly) inevitable that the two sides would come to some sort of understanding and Odom would return to the Lakers. But a day later, it looks like there is a real chance that he may end up signing with the Miami Heat.

Amid a growing sense around the league that the Miami Heat have a real shot at stealing Lamar Odom away from the Los Angeles Lakers, Odom is expected to take the weekend to ponder his next move.

Sources with knowledge of Odom’s thinking told ESPN.com that he has not abandoned hope of resuscitating serious negotiations with L.A. after Lakers owner Jerry Buss angrily pulled a three-year, $27 million offer off the table earlier this week.

According to a broadcast report Friday night from longtime L.A. television anchor Jim Hill, Odom called Buss directly on Thursday in an attempt to reignite talks.

The Heat, meanwhile, have made it clear that they are prepared to offer the richest contract they can in an attempt to convince Odom to stop haggling with the Lakers, with the Dallas Mavericks also eager to offer the same fallback option.

Heat star Dwyane Wade made a public plea Friday for Odom to return to the franchise that sent him to the Lakers in the Shaquille O’Neal deal in the summer of 2004, announcing that “we want him back home.”

According to sources close to the process, Odom has been apprised that he can sign a five-year Heat deal consuming all of the team’s mid-level exception, which would be worth $34 million and include the option to return to free agency after three years and negotiate a larger contract with Miami.

Read the rest of Marc Stein’s column (which he’s been updating throughout this process) here.

I think this all comes down to Jerry Buss’s mood. Odom wouldn’t have called him if he didn’t want to take the Lakers’ offer. But Buss pulled the offer after negotiations fell apart, and it’s not clear how willing he is to open talks again.

Ultimately, cooler heads are likely to prevail. With Richard Jefferson landing in San Antonio, Shawn Marion headed to Dallas, and Portland sitting on a load of cap space, the Lakers’ Western Conference foes are getting better, and even though they signed Ron Artest, they know they can’t afford to lose both Trevor Ariza and Lamar Odom this summer.

Or maybe they can. Like I said, this all depends on Jerry Buss. He made Odom an offer that was well above his market value and Odom’s camp tried to put the squeeze on him.

Hell hath no fury like an owner scorned.

NBA announces 2009 salary cap, warns about 2010

The new salary cap figure is out, and it dipped slightly from last season.

The new figures for 2009-10 just announced by the league have set the salary cap at $57.7 million per team — down $1 million from $58.7 from 2008-09 — and the luxury-tax threshold at $69.9 million.

More importantly, the league is projecting a much bigger drop (as much as $8 million) heading into the 2010 season.

The official league memorandum, obtained by ESPN.com, forecasts a dip in basketball-related income in the 2009-10 season of 2.5 percent to 5 percent, which threatens to take the 2010-11 cap down some $5 million to $8 million from last season’s $58.7 million salary cap.

A significant drop for the luxury-tax threshold is also projected going into the summer of 2010. If basketball-related income drops by 2.5 percent in 2009-10, league officials are projecting a 2010-11 salary cap of $53.6 million and a luxury-tax line of $65 million. If BRI, as it is referred to in the NBA, decreases by five percent, teams would be looking at a $50.4 million salary cap and a luxury-tax line of $61.2 million in 2010-11.

What does this mean? Well, a team like the New York Knicks, who are projected to have a payroll of about $23 million heading into 2010 would have had about $35 million to spend had the cap stayed at $58 million. That’s plenty of money to sign to superstars. If the cap drops $5-$8 million, it means that they’re projected cap space will be in the $27-$30 million range. That makes signing two “max” players quite tough.

This is probably good news for teams looking to retain their superstars, since they can go over the cap to re-sign players. If the cap does indeed drop to $50 million, it would increase the chances of LeBron James, Dwyane Wade and Joe Johnson staying put.

Does Dwyane Wade’s future depend on LeBron?

The short answer is…maybe.

Have you noticed how all of this LeBron-to-the-Knicks talk has died down as the Cavs put up the best record in the NBA this season? That’s because Cleveland is a favorite to make the Finals, and with the way the Lakers are struggling against the Rockets out West, the Cavs are looking more and more like an NBA champion. If they do manage to win a title this year (or next), it will be very difficult for LeBron to jump ship without looking like a total a-hole. So he won’t. If he wins a ring, he’ll stay in Cleveland.

So the Knicks will have to look elsewhere for their superstar — enter Dwyane Wade. As Dave Hyde of the Sun-Sentinel writes, the Big Apple would be an attractive destination for Wade.

The Knicks have the money. They have the allure. They have coach Mike D’Antoni’s fun style. They can tell Wade he would revive Knicks basketball and get the kind of spotlight only New York offers such stars. Who wouldn’t be tempted by all that?

So Hyde advocates that instead of waiting for 2010 and trying to add a star big man like Chris Bosh or Amare Stoudemire while at the same time re-signing Wade, the Heat should go ahead and trade Michael Beasley to Toronto for Bosh this summer.

So there’s the Armageddon scenario for the Heat: It advances only slightly next year, misses on Bosh, has the Knicks singing a siren song to Wade … and loses him.

If you’re Riley, do you risk that? All for Beasley, who, much as I like him, posed as many questions as answers this season? Even Wade, who measures his words, allowed as to how Beasley frustrated him at times with the immaturity.

The best way to sign Wade this summer is to offer concrete evidence he can win big here. That means landing his friend, Bosh. They were Olympians together. They share the same agent. They respect each other greatly.

That’s why the smartest move to make is trading the salary-matching pair of Beasley and Mark Blount to Toronto for Bosh.

It’s an attractive scenario to wait until 2010 and add Bosh to a lineup that includes Wade and Beasley. But there’s a good chance that Bosh could sign with Cleveland or that the Knicks could come in and steal both Bosh and Wade away from the Heat. Why risk a future with Wade for the promise of Beasley? While it sounds a little crazy to trade a young player with a ton of upside for a guy you might be able to sign outright the next summer, it’s risk versus reward. A Wade/Bosh combo would guarantee the Heat would compete in the East for the next five years. Throw in the steady Udonis Haslem, a more mature Mario Chalmers and a small forward to be named later, and Heat would have a nice lineup. But the biggest reason the Heat should acquire Bosh is that it will almost guarantee that Wade re-ups as well.

Now the question is — will the Raptors go for it?

NBA Free Agency Rumors: Wade, ‘Sheed, Boozer and more

SLAM says that Rasheed Wallace will retire if he doesn’t get at least $8 million to play next season. By my count, there are seven teams — Memphis, Atlanta, Oklahoma City, Sacramento, Toronto, Portland and Minnesota — other than the Pistons that could give him that kind of money. Who would be interested in ‘Sheed? I’m guessing only teams that are on the verge of competing for a title and have a need for a big man with championship experience. The only “contenders” on that list are Atlanta and Portland, and neither seems to be a good fit. Portland already has a slender sharp-shooting big man in LaMarcus Aldridge, and the Hawks will likely spend their cap space on re-signing Mike Bibby (though that isn’t necessarily the right thing to do). So if Portland and Atlanta pass on Wallace, someone will offer him a mid-level deal (~$5.8 M) and he’ll have to decide if it’s worth it. Any team in the league can sign him for that, so if he lowers his price, demand will rise.

Dwyane Wade reiterated that he will consider signing an extension once he’s eligible to on July 1st, but that he hasn’t given the idea much thought. The Heat would have a ton of cap space this summer had they held onto Shawn Marion and his expiring contract, but they instead traded for Jermaine O’Neal whom they thought would help their chances in the playoffs over the next two seasons. In the end, I doubt D-Wade will leave Miami. He’s a star there, the weather is great, and with Michael Beasley and a yet to be named big man (Chris Bosh, Amare Stoudemire) to be signed in the summer of 2010, the Heat have a good foundation for success. To me, the big question is whether or not Beasley can play small forward. If so, then the team should try to put together a starting lineup of Mario Chalmers, Wade, Beasley, Udonis Haslem and either Bosh or Amare.

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