The first big free agency shoe may have just dropped. Dwyane Wade and Chris Bosh, who opted out of their deals with the Heat last week following LeBron James’ decision to do the same, have reportedly re-signed in Miami. The reported prices look like real discounts.
Chris Bosh’s 5-year deal with Miami expected to start at $11 million in year 1. Dwyane Wade will sign four years, $12 million in year 1
— John Canzano (@johncanzanobft) July 1, 2014
Heat telling free agents they will have $12+ million to spend, indicating Wade & Bosh ready to take huge pay cuts, sources told ESPN
— Brian Windhorst (@WindhorstESPN) July 1, 2014
It’s possible that the reported numbers are slightly off, but the extensions appear to be close to completion.
David Aldridge doesn’t seem to buy the rumors.
Agent Henry Thomas, on report clients Bosh & Wade will take $12M/per & $11M/per, respectively: “all the BS you are reading is just that.”
— David Aldridge (@daldridgetnt) July 1, 2014