2014 Free Agency Updates

[wuck]

<blockquote class="twitter-tweet" lang="en"><p>Trevor Ariza has significant interest -- including Cavs -- and his Wizards coach, Randy Wittman, will be in L.A. by morning to meet him.</p>&mdash; Adrian Wojnarowski (@WojYahooNBA) <a href="https://twitter.com/WojYahooNBA/statuses/483830623019098112">July 1, 2014</a></blockquote>
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[wuck]

<blockquote class="twitter-tweet" lang="en"><p>David Blatt has joined Cavaliers meeting with Kyrie Irving in New Jersey, eager to further lay out his offensive vision to his star.</p>&mdash; Adrian Wojnarowski (@WojYahooNBA) <a href="https://twitter.com/WojYahooNBA/statuses/483828627432161280">July 1, 2014</a></blockquote>
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<blockquote class="twitter-tweet" lang="en"><p>Stretch big man Spencer Hawes drawing interest from clutch of contenders already (Blazers, Clips, Rockets, Mavs) on top of incumbent Cavs</p>&mdash; Marc Stein (@ESPNSteinLine) <a href="https://twitter.com/ESPNSteinLine/statuses/483832598439809024">July 1, 2014</a></blockquote>
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[wuck]

<blockquote class="twitter-tweet" lang="en"><p>CJ Miles (Cavs) will meet with Pacers on Tuesday. Miles an unrestricted free agent.</p>&mdash; Sam The Bullshit Whisperer (@SamAmicoFSO) <a href="https://twitter.com/SamAmicoFSO/statuses/483835193896079360">July 1, 2014</a></blockquote>
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<blockquote class="twitter-tweet" lang="en"><p>Following up on CJ Miles' meeting w Pacers ... I'm told Cavs want Miles back, but sense he's seeking a bigger role and is likely to move on.</p>&mdash; Sam The Bullshit Whisperer (@SamAmicoFSO) <a href="https://twitter.com/SamAmicoFSO/statuses/483844753625456640">July 1, 2014</a></blockquote>
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[wuck]

<blockquote class="twitter-tweet" lang="en"><p>Portland GM Neil Olshey met with free agent Spencer Hawes and his agent, Greg Lawrence, tonight in Los Angeles, sources tell Yahoo.</p>&mdash; Adrian Wojnarowski (@WojYahooNBA) <a href="https://twitter.com/WojYahooNBA/statuses/483842310862405633">July 1, 2014</a></blockquote>
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<blockquote class="twitter-tweet" lang="en"><p>There's serious market for Hawes' ability to shoot and stretch floor, beginning with Cavs who are determined to keep him. Perfect for Blatt.</p>&mdash; Adrian Wojnarowski (@WojYahooNBA) <a href="https://twitter.com/WojYahooNBA/statuses/483843020266016769">July 1, 2014</a></blockquote>
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[wuck]

<blockquote class="twitter-tweet" lang="en"><p>Hearing Spencer Hawes may be too expensive for Clippers, Seeking $8 million per, made $6.5 million last season</p>&mdash; Brad Turner (@BA_Turner) <a href="https://twitter.com/BA_Turner/statuses/483844216015966209">July 1, 2014</a></blockquote>
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[wuck]

<blockquote class="twitter-tweet" lang="en"><p>Looking forward to the next 6 years of <a href="https://twitter.com/KyrieIrving">@KyrieIrving</a> in CLE. Just shook hands &amp;intend to sign on the 10th.Cant be more excited about <a href="https://twitter.com/cavs">@cavs</a>...</p>&mdash; Dan Gilbert (@cavsdan) <a href="https://twitter.com/cavsdan/statuses/483849492845068288">July 1, 2014</a></blockquote>
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<blockquote class="twitter-tweet" lang="en"><p>Kyrie Irving intends to sign 5-year, $90 million extension with the Cavaliers, league source tells Yahoo Sports. Commitment came in meeting.</p>&mdash; Adrian Wojnarowski (@WojYahooNBA) <a href="https://twitter.com/WojYahooNBA/statuses/483849707563651072">July 1, 2014</a></blockquote>
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<blockquote class="twitter-tweet" lang="en"><p>Agent Jeff Wechsler tells Yahoo: &quot;Kyrie is looking forward to growing with the organization and city of Cleveland over next six years.&quot;</p>&mdash; Adrian Wojnarowski (@WojYahooNBA) <a href="https://twitter.com/WojYahooNBA/statuses/483852032722206721">July 1, 2014</a></blockquote>
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<blockquote class="twitter-tweet" lang="en"><p>I'm here for the long haul Cleveland!!! and I'm ecstatic!! Super excited and blessed to be here and apart of something special.<a href="https://twitter.com/hashtag/ClevelandKID?src=hash">#ClevelandKID</a></p>&mdash; Kyrie Irving (@KyrieIrving) <a href="https://twitter.com/KyrieIrving/statuses/483853152433999872">July 1, 2014</a></blockquote>
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<blockquote class="twitter-tweet" lang="en"><p>Cavs GM David Griffin, Coach David Blatt &amp; asst Ty Lue all w/Gilbert at meeting w/Irving. Cavs' group was &quot;very impressive,&quot; per source.</p>&mdash; David Aldridge (@daldridgetnt) <a href="https://twitter.com/daldridgetnt/statuses/483852422214074369">July 1, 2014</a></blockquote>
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<blockquote class="twitter-tweet" lang="en"><p>Agent Jeff Wechsler on Blatt-Ty Lue in meeting: &quot;They were incredibly impressive. That's what helped sell Kyrie on taking this deal.&quot;</p>&mdash; Adrian Wojnarowski (@WojYahooNBA) <a href="https://twitter.com/WojYahooNBA/statuses/483855025337139201">July 1, 2014</a></blockquote>
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[wuck]

<blockquote class="twitter-tweet" lang="en data-scribe-reduced-action-queue="><p>League source with knowledge of meeting between <a href="https://twitter.com/hashtag/Blazers?src=hash">#Blazers</a> and Spencer Hawes tells me it &quot;went very well.&quot; Seems Hawes has genuine interest.</p>&mdash; Joe Freeman (@BlazerFreeman) <a href="https://twitter.com/BlazerFreeman/statuses/483866186203922432">July 1, 2014</a></blockquote>
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<blockquote class="twitter-tweet" lang="en"><p>Getting intel some deals already lining up as soon as Tuesday afternoon. Back at it in a few hours.</p>&mdash; Adrian Wojnarowski (@WojYahooNBA) <a href="https://twitter.com/WojYahooNBA/statuses/483887171451891712">July 1, 2014</a></blockquote>
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[wuck]

<blockquote class="twitter-tweet" lang="en"><p>Was told <a href="https://twitter.com/hashtag/wizards?src=hash">#wizards</a> are currently meeting with Marcin Gortat. They want to move quickly to keep him</p>&mdash; Michael Lee (@MrMichaelLee) <a href="https://twitter.com/MrMichaelLee/statuses/483953768304615424">July 1, 2014</a></blockquote>
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<blockquote class="twitter-tweet" lang="en"><p>Hearing Isaiah Thomas' decision will come after Kyle Lowry's. SAC and Thomas have strong mutual respect. Market value is key: $6 to $8 mil.</p>&mdash; Jared Zwerling (@JaredZwerling) <a href="https://twitter.com/JaredZwerling/statuses/483966184514420736">July 1, 2014</a></blockquote>
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<blockquote class="twitter-tweet" lang="en"><p>Hearing Isaiah Thomas is in play for $8 mil w/ the Pistons, who want him bad. Only team w/ highest offer. Heat, Mavs &amp; Lakers on the prowl.</p>&mdash; Jared Zwerling (@JaredZwerling) <a href="https://twitter.com/JaredZwerling/statuses/483972369372172288">July 1, 2014</a></blockquote>
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[wuck]

<blockquote class="twitter-tweet" lang="en"><p>Something to watch: 13 teams (like <a href="https://twitter.com/hashtag/Cavs?src=hash">#Cavs</a>) have $10+ million in space. Not enough players worth it all. Lots of bad contracts could be coming</p>&mdash; Jason Lloyd (@JasonLloydABJ) <a href="https://twitter.com/JasonLloydABJ/statuses/483978833419587585">July 1, 2014</a></blockquote>
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[Phills14]

<blockquote class="twitter-tweet" lang="en"><p>In pursuit of shooting, Pacers pushing to use $2.1M exception on free agent guard C.J. Miles, league sources tell Yahoo Sports.</p>&mdash; Adrian Wojnarowski (@WojYahooNBA) <a href="https://twitter.com/WojYahooNBA/statuses/484023960481181697">July 1, 2014</a></blockquote>
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<blockquote class="twitter-tweet" lang="en"><p>Clarification: Indiana has its full mid-level of $5.3M to use for free agent C.J. Miles, or to use in part with another player.</p>&mdash; Adrian Wojnarowski (@WojYahooNBA) <a href="https://twitter.com/WojYahooNBA/statuses/484036871362580480">July 1, 2014</a></blockquote>
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<blockquote class="twitter-tweet" lang="en"><p>Suns pushing to re-sign Channing Frye, sources tell Yahoo. After opting-out of deal, Frye's surveying market, including Cavs, Warriors.</p>&mdash; Adrian Wojnarowski (@WojYahooNBA) <a href="https://twitter.com/WojYahooNBA/statuses/484031977951985664">July 1, 2014</a></blockquote>
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[wuck]

<blockquote class="twitter-tweet" lang="en"><p>LeBron will give zero discount to Heat. Will be max money with short duration (1-2 years).</p>&mdash; John Canzano (@johncanzanobft) <a href="https://twitter.com/johncanzanobft/statuses/484038240090198016">July 1, 2014</a></blockquote>
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<blockquote class="twitter-tweet" lang="en"><p>LeBron James wants short term (1-2 year deal) at max money contract w Heat, source close to negotiation tells me.</p>&mdash; John Canzano (@johncanzanobft) <a href="https://twitter.com/johncanzanobft/statuses/484036143521230848">July 1, 2014</a></blockquote>
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<blockquote class="twitter-tweet" lang="en"><p>Chris Bosh 5 year deal will return to Heat, per source. Dwyane Wade will re-sign for 4 years in Miami.</p>&mdash; John Canzano (@johncanzanobft) <a href="https://twitter.com/johncanzanobft/statuses/484036410346070016">July 1, 2014</a></blockquote>
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<blockquote class="twitter-tweet" lang="en"><p>Chris Bosh just left on a 22-day vacation ... after opting out.</p>&mdash; John Canzano (@johncanzanobft) <a href="https://twitter.com/johncanzanobft/statuses/484036683835260928">July 1, 2014</a></blockquote>
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<blockquote class="twitter-tweet" lang="en"><p>LeBron will give zero discount to Heat. Will be max money with short duration (1-2 years).</p>&mdash; John Canzano (@johncanzanobft) <a href="https://twitter.com/johncanzanobft/statuses/484038240090198016">July 1, 2014</a></blockquote>
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<blockquote class="twitter-tweet" lang="en"><p>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</p>&mdash; John Canzano (@johncanzanobft) <a href="https://twitter.com/johncanzanobft/statuses/484043079432011776">July 1, 2014</a></blockquote>
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[wuck]

<blockquote class="twitter-tweet" lang="en"><p>Heat telling free agents they will have $12+ million to spend, indicating Wade &amp; Bosh ready to take huge pay cuts, sources told ESPN</p>&mdash; Brian Windhorst (@WindhorstESPN) <a href="https://twitter.com/WindhorstESPN/statuses/484058625342578689">July 1, 2014</a></blockquote>
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<blockquote class="twitter-tweet" lang="en"><p>Earlier, <a href="https://twitter.com/johncanzanobft">@johncanzanobft</a> reported Wade was willing to start at $12M per season &amp; Bosh $11M &amp; this backs that up. Story coming.</p>&mdash; Brian Windhorst (@WindhorstESPN) <a href="https://twitter.com/WindhorstESPN/statuses/484059171965636608">July 1, 2014</a></blockquote>
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<blockquote class="twitter-tweet" lang="en"><p>Heat telling free agents they'll have $12M+ in cap room, projecting that Wade &amp; Bosh planning big pay cuts: <a href="http://t.co/F0HkGf9sHZ">http://t.co/F0HkGf9sHZ</a></p>&mdash; Brian Windhorst (@WindhorstESPN) <a href="https://twitter.com/WindhorstESPN/statuses/484062120686796800">July 1, 2014</a></blockquote>
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Pay cuts for Wade, Bosh?
Updated: July 1, 2014, 4:01 PM ET
By Brian Windhorst | ESPN.com


As they chase free agents to join with their superstars, the Miami Heat are telling free agents they expect to have as much as $12 million in salary-cap space after getting LeBron James, Dwyane Wade and Chris Bosh to re-sign, sources told ESPN.com.

With James demanding a maximum contract starting around $20.7 million, this indicates that Wade and Bosh have expressed a willingness to take drastic pay cuts to help the Heat add talent to the roster.

This has freed up the Heat to become a serious bidder for free agent point guard Kyle Lowry, whom they are seeking a meeting with, sources said.

Wade and Bosh were each scheduled to earn earn more than $20 million this upcoming season and a total of $40 million over the next two years. But they opted out of those contracts this past weekend, as did teammate Udonis Haslem, who was scheduled to make $4.6 million next season.

Last week, James, Wade and Bosh met and started to hash out some rough contract numbers between them. In 2010, they all agreed to take less than the maximum salary to help add free agents to the roster. At the meeting, sources told ESPN, James made it clear he would only accept the maximum salary number for the upcoming season.

On Tuesday, the Portland Oregonian reported that Bosh has plans to accept a five-year contract starting at $11 million, and Wade would accept a four-year deal starting at $12 million. Combined with James and a representative number for Haslem, the Heat would indeed have the space to go after top free agents like Lowry and Washington Wizards free agent center Marcin Gortat.

James, however, had not decided how long of a contract he is seeking from the Heat and could accept a short-term deal, sources told ESPN.

 

[wuck]

<blockquote class="twitter-tweet" lang="en"><p>RT <a href="https://twitter.com/WindhorstESPN">@WindhorstESPN</a>: The Heat have targeted Kyle Lowry and are seeking a meeting with him today. Also could target Marcin Gortat.</p>&mdash; NBA on ESPN (@ESPNNBA) <a href="https://twitter.com/ESPNNBA/statuses/484058938271232000">July 1, 2014</a></blockquote>
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<blockquote class="twitter-tweet" lang="en"><p>The Heat have targeted Kyle Lowry and are seeking a meeting with him today. Also could target Marcin Gortat.</p>&mdash; Brian Windhorst (@WindhorstESPN) <a href="https://twitter.com/WindhorstESPN/statuses/484058884706172928">July 1, 2014</a></blockquote>
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[wuck]

<blockquote class="twitter-tweet" lang="en"><p>Based on my information, the numbers being reported for Bosh &amp; Wade are much lower than what I expect (present tense) them to accept.</p>&mdash; Ethan J. Skolnick (@EthanJSkolnick) <a href="https://twitter.com/EthanJSkolnick/statuses/484069449553551361">July 1, 2014</a></blockquote>
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