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Saturday, April 20th, 2013 at 2:51 pm  |  15 responses

Pat Riley Believes Keeping the Heat Together Is ‘Doable’


Heat president Pat Riley said Friday that keeping LeBron James, Dwyane Wade and Chris Bosh together long-term is doable, but indicated that the Heat could use more cash to help the cause. Starting next season, the Heat will face serious luxury tax penalties and more stringent roster management restrictions. Per ESPN:

The lingering questions about the Heat’s future have been focused far beyond this season. In particular, whether Riley can keep this team together when the luxury tax penalties become much stiffer starting in 2013-14.

“It’s doable in this tax economy, but I’ll leave that up to [Heat owner] Micky [Arison],” Riley said with a laugh. “That will all be tackled after the season, but it is doable.”

In other words, the ball is in Arison’s hands. Just like the Heat president planned ahead years in advance of the summer of 2010, Riley said he has already had internal conversations with Heat brass about how to financially keep the star-studded core intact when LeBron James, Dwyane Wade and Chris Bosh can all opt out of their contracts after the 2013-14 season.

“I don’t believe that we have to sell anybody on us anymore in 2014,” Riley said. “It’s all about winning now and when that time comes, we’ll deal with it.”

But the financial burden will begin starting in 2013-14 when taxpaying teams will have to pay $1.50 for every dollar they’re over the luxury tax line. And it gets considerably more punitive in 2014-15 when the repeater penalties hit and the tax rate increases the deeper a team is into the tax. Additionally, taxpaying teams will have more stringent roster management restrictions, including the inability to acquire players via sign-and-trades.

“It’s going to take that kind of revenue and those kinds of opportunities to be able to [keep the core together],” Riley said. “It is doable, but it’s a question of the economics of the game. There’s going to have to be some strategic planning not only from [the business] standpoint, but also personnel-wise over the next couple of years to deal with [the potential tax penalties].”

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  • zogs19994

    “DOABLE”

    LIKA YO MAMA!

  • http://www.facebook.com/natejames007 Nathan James

    Can’t find a cheaper bosh? Wades also looking slower than his past form. Plus his injury rates pretty high. Idk.

  • TheUnspokenTruth

    Riley has bigger fish fry, like signing their ultra elite point guard, Mario Chalmers.

  • Mack

    Why wouldn’t the Big 3 want to stay together until retirement? At least if LeBron stays who’s going to leave..?

  • KevinJohnsonFan

    Not about if they want to stay together. They may not be able to keep them and have the money to sign other players who are good enough to help them win.

  • UcantHandleTheTruth

    LeBron is going back to Cleveland.

  • Ugh

    Only on road trips, pal.

  • Ugh

    The best way to find a cheaper Bosh is to have him opt out and resign for the same cash over more years. I.e., 8mil over 4 years instead of 16mil over two. If all the Heat players do that for their options (they all have the same options) the Heat are favourites for the next five years.

  • danpowers

    they could become something like the spurs or a celtics version with less injury problems and stay successful for a long long time. or…
    phil jackson is looking for a job. imagine james and irving under phil jackson as their coach, waiters and thompson look promising, too + whoever that core would attract to come to cleveland. that would promise more long time success as irving is much younger than wade or bosh. bron could also kind of fulfill his promise to cleveland, to stay until he wins a championship. not very probable tho

  • roscoe

    the MIA owner has a cruise line business that has had some hiccups this year.

    & my assumption is it is the probability of “keeping the heat together” is low.

  • http://www.facebook.com/starkpwnsyou Joshua Maria Peter Bautista

    Delonte West likes this.

  • http://twitter.com/Jzakoni Sanchez

    id ship off thompson quick

  • danpowers

    u think we saw his peak alrdy? i didnt see him play much but his numbers appear to me like he is a pretty solid roleplayer

  • Ugh

    LeBron is not going back to Cleveland.

  • danpowers

    i didnt say that i think its probable.

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