As of right now, the Miami Heat have a payroll just above $87 million — that is $28 million over the salary cap and $15.6 million over the luxury tax line.
Which will mean about $30 million in taxes on top of the existing salary load — a $117 million bill total. Maybe the Nets wouldn’t balk at that number, but basically everyone else would.
The Heat could shave $10 million or more off that bill by using the amnesty provision on a player such as Joel Anthony or Mike Miller, but they don’t plan to do it team president Pat Riles said, reports the Associated Press.
Heat President Pat Riley said Friday that the team does not currently plan to use its one-time amnesty option as a way of lightening its looming tax load, with the team’s focus instead being on simply finding ways to get better.
“Right now, we’re not using amnesty, no,” Riley said….
“We want to win and we want to win again next year and we’re going to try to do everything we can to do that,” Riley said. “What I said at the end of the season is what I meant. I want to try to keep this team intact as long as we can because we have a championship basketball team here and continuity being, I think the most important thing to when it comes to winning championships … I would hate to break it up.”
Pat Riley is smart enough to know that this roster, as constructed, is not going to win three years from now. He knows some big changes are coming.
But you don’t break up a team that is back-to-back NBA champs and has been to two straight finals. Look for the Heat to start making changes a year from now, a discussion that Riley will involve LeBron James in (to help keep him). But for right now he is bringing the band back together.
Remember when Turkey revoked Enes Kanter‘s passport?
That looms over the Thunder’s Dec. 7 game against the Nets in Mexico City.
Fred Katz of The Norman Transcript:
Without a valid passport, he is unable to travel to another country other than Canada, which allows entry from U.S. residents who have a Green Card. There is no such agreement with Mexico.
Kanter could receive a re-entry permit, a special document issued to citizens of other countries whose passports have been canceled for reasons the U.S. government deems unsuitable. The permit would allow Kanter to leave the U.S. for another country, such as Mexico, and still return. And the plan is for Kanter to acquire one before OKC’s game in Mexico City. Still, he is yet to receive a re-entry permit, according to a source with knowledge of the situation. There is, however, still ample time for that process to complete.
Kanter is a high-profile millionaire working for a billion-dollar company that has a vested interest in getting him to Mexico. He likely works this out.
LeBron James denied wanting to fight Kyrie Irving, but wanting to meet with his for-now Cavaliers co-star? That might be another story. Likewise, Irving – in light of his trade request – might not be eager to meet with LeBron.
Tony Rizzo of ESPN Cleveland, as transcribed by Jackson Flickinger of King James Gospel:
“From very reliable sources. Plural. Kyrie and LeBron were in the same room over the weekend in Florida…Apparently these guys were in the same room and here’s the deal. I don’t know if there’s a thawing out process. All I do know is LeBron didn’t punch Kyrie the way Stephen A thought he would. I can report that. As for what they talked about or discussed…it was very cool. They didn’t get into any heated discussions.”
Did LeBron and Irving actually meet? Both were spotted in Miami, but maybe someone is just connecting dots that don’t belong connected.
Whether or not LeBron and Irving met, they might need to soon. Cleveland will have a tough time getting its desired return for Irving before the season, and Cavs owner Dan Gilbert discussed the possibility of Irving returning. LeBron isn’t getting traded.
No matter the disconnect between the two, LeBron and Irving might have to figure out how to work together a while longer. It’d be nice if that process has already begun.
About a month ago, the Bulls said they hadn’t discussed a buyout with Dwyane Wade.
Have the two sides progressed since?
Nick Friedell of ESPN:
Dwyane Wade isn’t long for the organization’s future and is expected to reach a buyout agreement at some point in the next few months.
Expected by whom?
People with direct knowledge of momentum toward a buyout?
Or everyone who can see that a 35-year-old earning $23.8 million fits poorly on a rebuilding team?
For the Bulls to now drop their biggest name and a large expiring contract that could prove useful in trades should require Wade surrendering a large portion of his salary. He doesn’t sound like someone inclined to do that yet.
A few months is a long time. As long as Wade gets bought out by March 1, he could join another team’s playoff roster. It’d surprise nobody if he gets bought out after the February trade deadline, which we already knew. I don’t see strong indication of something more imminent.
LeBron James has done a terrible job shooting down rumors about him leaving the Cavaliers
Except this one from Chris Sheridan, who cited a source saying LeBron would “100 percent” leave Cleveland next summer due to a rift with Cavs owner Dan Gilbert.
Joe Vardon of Cleveland.com:
Sheridan’s source saying LeBron is leaving doesn’t make that true. But other anonymous sources denying it doesn’t make the denials true, either.