Jun 28, 2014

6/28/2014 03:53:00 PM
It's NBA Business as the Miami Heat through numerous media outlets will receive word of both Dwayne Wade and Chris Bosh opting out of their Players Options. Now they hope as that the Heat will re-sign King James which they will and Wade and Bosh both take a pay cut or one is gone and that would be at this point most likely Bosh as Wade is a Heat 4 Life as Pat Riley has some loyalty here the way he does business. Let's take a quick look at the Heat's Salary Cap if Wade, Bosh, and Udonis Haslem all opt out by Monday and the money available to the Heat.

Player Option Money Left to Heat:

Wade County $41,608,000 (2 yr Player Option)
Bosh 42,702,000 (2 yr Player Option)
U.D. 4,620,000 (2014-15 Salary)

Wade and Bosh had two years left at over $40 million each...

Heat Money Spent if they all Opt-Out for 2014-15

Birdman   $1,488,490 (2014-15)
N. Cole   $2,150,188 (2014-15)
S. Napier $1,250,400 (estimation 2014-15)

The Heat has on the Books for the 2014-15 season $4,989,078 spent with everyone off the Books....
Heat's 2014 1st Rounder Shabazz Napier $1,250,400 in his 2014-15 season...

The NBA Salary Cap is set at $63.2 Million for 2014-15....Heat will have $58.8 million to work with before going over the Cap not including the Veterans Exception of course! Remember for ever $1 over the Cap it's a Tax Penalty of $2.50 since and do the math!

HEAT Business... 

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