Report: LeBron wants 1-2 year deal at max; Bosh five years starting at $11 million, Wade four-years starting at $12 million; agent denies

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UPDATE 5:01 pm: As you might expect, the CAA agent for Bosh and Wade doesn’t like the suggestions his players would take a massive pay cut. He denies it.

Everybody is likely spinning a little here. You can be sure that Miami’s “big three” gave Pat Riley some kind of salary framework for him to have an idea what he could spend in free agency. The numbers below may or may not be exactly accurate, but if they are not close Riley is not going to have his hands free to upgrade the roster in the way LeBron (and Heat fans) want.

It also is possible that this is the lowest the Heat players go and if Riley doesn’t use all that money Bosh and Wade will soak it up.

3:40 pm: LeBron James does not want to take the pressure off Pat Riley and Miami Heat management — not this summer, not when it’s over. However, Chris Bosh and Dwyane Wade are making the sacrifices to both give LeBron his cash and give Heat president Pat Riley room to maneuver.

We knew LeBron, Bosh and Wade presented their plans to Riley, providing a financial framework of what he would have to spend.

Now we have an idea what that is that is, thanks to John Canzano of the Oregonian.

That’s some big per-year sacrifices from Wade and Bosh, both of whom could have made $10 million more a year for the next two years (but do get more guaranteed money in the long run). Zach Lowe of Grantland said he heard flopped numbers — Wade $12 million to start, Bosh $10 million to start — but it seems in the same ballpark.

[MORE: The Top 50 free agents for summer of 2014]

If this report is accurate what does that mean for Riley? What can he spend?

He has $12,918,609 in cap room below the projected cap of $63.2 million to spend, according to PBT’s own Dan Feldman who ran the numbers.

That accounts for LeBron at his max ($20.7 million, although he may take a little less), Wade at $12 million, Bosh at $11 million, Norris Cole who is on the books already, the rookie contract for Shabazz Napier and seven minimum-salary cap holds.

Riley could use all or almost all of that to go after one big player — Kyle Lowry or Luol Deng, although neither is willing to take a discout to come to South Beach — or he could divide it up into two or three players at and try and fill a few needs with quality players. After using up that cap space Miami would still have a $2,732,000 exception, which could be useful for Udonis Haslem (it can only be a two-year deal but Haslem isn’t playing longer than that anyway). After that it is all minimum contracts.

The ball is in Pat Riley’s court — he got a healthy chunk of cap space thanks to player sacrifices. Now he has to do something with it.

NBA: DeMarcus Cousins got away with (more important) travel before incorrect foul of Dwyane Wade

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The NBA acknowledged the attention-grabbing officiating error late in the Bulls’ win over the Kings on Saturday: DeMarcus Cousins shouldn’t have been called for fouling Dwyane Wade, who hit the go-ahead free throw with 14 seconds left.

But before Sacramento claims the referees cost it a win, the Last Two Minute Report reveals a more significant missed call that favored the Kings.

Cousins should have been called for travelling with 56.3 left as he drove for a basket, according to the league:

Cousins (SAC) moves his pivot foot. The official is looking for any illegal contact and does not pick up the pivot foot.

The non-call directly allowed Cousins to score two points. Wade made only one free throw.

The officiating errors in the final two minutes helped the Kings more than the Bulls.

(Sacramento center Kosta Koufos also got away with a shooting foul on Jimmy Butler with 37.8 seconds left, according to the league, but Robin Lopez tipped in Butler’s miss, anyway. The Bulls weren’t shorted any points on that possession.)

NBA: Marcus Smart wrongly called for huge foul late in Celtics’ loss to Trail Blazers

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The Trail Blazers beat the Celtics on Saturday in an overtime thriller. The game provided so much action, there was little objection when what would’ve been one of the most exciting plays was waived off.

But it should have counted.

With Boston down one one and 11 seconds left, Marcus Smart stripped Damian Lillard under Portland’s own basket and immediately hit a go-ahead layup. Except officials called a foul on Smart – in error, according to the NBA’s Last Two Minute Report:

Smart (BOS) makes clean contact with the ball.

Lillard went to the line and made both free throws, and Terry Rozier made a 3-pointer to send the game to overtime, where the Trail Blazers emerged with a 127-123 win.

Portland still would’ve had a chance to answer, but with a correct call, Boston would have held the lead a much better chance of winning in regulation.

Nets’ Jeremy Lin out another 3-5 weeks after re-aggravating hamstring injury

NEW YORK, NY - OCTOBER 31:  Jeremy Lin #7 of the Brooklyn Nets dribbles up court against the Chicago Bulls during the first half at Barclays Center on October 31, 2016 in New York City. NOTE TO USER: User expressly acknowledges and agrees that, by downloading and or using this photograph, User is consenting to the terms and conditions of the Getty Images License Agreement.  (Photo by Michael Reaves/Getty Images)
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Jeremy Lin has been in and out of the Nets’ lineup due to a lingering hamstring injury. He has already missed 31 games, including the last 11.

The point guard hoped to return around now, but that’s not happening.

Nets release:

The following statement has been released by Brooklyn Nets General Manager Sean Marks:

“During the course of his rehab, Jeremy re-aggravated his strained left hamstring and will be out approximately three to five weeks as he continues to work towards a full recovery.  We understand and appreciate Jeremy’s competitive desire to get back on the court with his teammates, however, we are going to be cautious with his rehab in order to ensure that he is at full strength once he returns.”

Of course, this improves the fortunes of the Celtics,who own the Nets’ 2017 first-round pick. Brooklyn, 9-34 and 4.5 games worse than anyone else in the NBA, appears even more certain to secure the No. 1 seed in the lottery.

The Nets have been bad with Lin this season and a little worse without him. With no first-rounder, the difference is negligible to them.

Isaiah Whitehead, Sean Kilpatrick and Spencer Dinwiddie will get more opportunities to develop. But Brooklyn is probably overburdening those young guards. Even with Lin, there was plenty of playing time available.

NBA: 76ers got away with violation before Robert Covington’s late 3-pointer against Trail Blazers

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Robert Covington hit the game-winning 3-pointer in the 76ers’ 93-92 win over the Trail Blazers on Friday, but that wasn’t Covington’s only triple as Philadelphia overcame a four-point deficit in the final 40 seconds. He also buried a 3-pointer with 38 seconds left.

The catch: That shot came after Philadelphia should have turned the ball over, according to the NBA’s Last Two Minute Report.

Gerald Henderson missed a 3-pointer, and Dario Saric prevented the rebound from going out of bounds, saving the ball with a pass to Covington. Except Saric got away with stepping out of bounds with the ball with 42.1 seconds left, per the league:

Saric’s (PHI) left foot is out of bounds when he makes contact with the loose ball.

That would’ve given Portland the ball up four.

The 76ers overcome the odds to win this game. But a correct call might have produced too steep of a hill for Philadelphia to climb.