Dwyane Wade plans to stay put, but the Miami Heat are after a top free agent and salary cap flexibility in the 2016 market.
Miami Heat guard Dwyane Wade does not want to go through the drama of last year’s off-season again.
Wade, who played with the Heat since being drafted fifth overall in the 2003 NBA Draft, said that he wants to reach an agreement with the team as quickly as possible instead of going through the same stalemate before he and the team agreed to a one-year, $20 million offer.
Speaking to Barry Jackson of the Miami Herald, Dwyane Wade does not intend to listen to other teams offers and is planning to immediately sign with the team.
“The whole free agency thing, I didn’t want to be in it last summer; I don’t want to be in it this summer. I don’t want to be on the market at all… I’m not curious at all. I want to get to it [with the Heat]. I want to be able to sign my deal and move on and not have to deal with any rumors, any free agency, any this, any that. This is where I want to end my career. So we’ll figure it out.”
Wade, 34, is set to command the same $20 million a year contract, especially with his rejuvenated play this season. However, the Heat are looking for salary cap flexibility to sign a top name in the 2016 free agent market, plus avoid a “repeater” luxury tax penalty.
The team will have $36 million available in salary cap space, but will see a huge chunk of the pie eaten off with Dwyane Wade commanding a huge salary before riding into the sunset. However, they can chop off an additional $6 million should the Heat find a taker for Josh McRoberts.