NBA: The Three Mi-Egos Contracts

Discussion in 'Pro Sports' started by HiltonMagic, Jul 9, 2010.

  1. HiltonMagic

    HiltonMagic Well-Known Member

    Apr 12, 2006
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    I find this to be an interesting development. Apparently BOTH Bosh AND James got the sign and trade they wanted.

    Miami Heat guard Dwayne Wade ready for new season with LeBron James, Chris Bosh - ESPN

    League sources told ESPN The Magazine's Ric Bucher the Heat agreed to send the Toronto Raptors two first-round picks in a sign-and-trade for Bosh. The picks are Toronto's first-round selection in 2011, which Miami had acquired earlier, and the Heat's own first rounder in 2011, according to the sources.

    James was also involved in a sign-and-trade, a source told Bucher.

    Because of the sign-and-trades, a source said James and Bosh signed matching six-year, $110 million deals. Wade came in slightly under his two new teammates at six years and $108 million, according to the source.
     
  2. HiltonMagic

    HiltonMagic Well-Known Member

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  3. azn4cy

    azn4cy Well-Known Member

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    I find it odd Wade took the biggest paycut. But apparently each one took about 15 mil less overall.... just about enough for a Mike Miller contract... and maybe Haslem too.
     
  4. HiltonMagic

    HiltonMagic Well-Known Member

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    I'm more surprised that Cleveland did a sign and trade.
     
  5. LindenCy

    LindenCy Keep and Pride - It works
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    Me too. I guess maybe they figured they should get something out of it, but still.
     
  6. azn4cy

    azn4cy Well-Known Member

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    #6 azn4cy, Jul 9, 2010
    Last edited: Jul 9, 2010
    Yeah forgot to mention that.. looks like someone convinced Dan Gilbert to come to his senses a bit.

    Looks like the price is first-round draft picks in 2013 and 2015 and second-round draft picks in 2011 and 2011 from Miami to Cleveland.
     
  7. HiltonMagic

    HiltonMagic Well-Known Member

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  8. LindenCy

    LindenCy Keep and Pride - It works
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    Wow, I'm surprised they got that much. Pretty nice consolation.
     
  9. azn4cy

    azn4cy Well-Known Member

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    I'm sure if Miami is thinking those will be pick 30 of each round though... no use for that on their already capped out team.
     
  10. RING4CY

    RING4CY Well-Known Member

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    Yes, let's do this again in 4 years...

    I was waiting for James to sign a 1 year contract followed by him saying we're going to do this all over again 365 days from now...
     
  11. azn4cy

    azn4cy Well-Known Member

    Dec 27, 2008
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    Can't help it, I'm going to do the math here.

    LeBron: 14.5 M
    Bosh: 14.5 M
    Wade: 14.2 M
    Joel Anthony: 1.06 M qualifying offer
    Mario Chalmers: $854,000
    James Jones: 1.55M buyout.
    Mike Miller: 6M
    total: 52.7M
    Salary cap: 58M

    $5.3 Million left. WOW.
     
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  12. CycloneWarrior

    CycloneWarrior Well-Known Member

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    I thought the salary cap was 65 or 68 mil. Not 63
     
  13. CycloneGamecock

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    Wasn't one of Lebron's points in his 1 hour special was that he was going for the wins and not money and thats why he didn't do a sign and trade? So he actually did do a sign and trade and lied? I have no idea if he got more or less money this way but why did he lie in his interview?
     
  14. HiltonMagic

    HiltonMagic Well-Known Member

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    cap is 58 mil
     
  15. HiltonMagic

    HiltonMagic Well-Known Member

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    After 'The Decision,' I'm left with more questions than answers
     
  16. azn4cy

    azn4cy Well-Known Member

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    Not sure, but it could also be because they all wanted to sign equal length contracts. Otherwise Bosh and James could only sign 5 years. There is also the chance that Miami offered it to Cleveland AFTER LeBron agreed. a 6th year now would be better than a post new CBA year, so it would make up for the paycut they are taking.

    The whole thing does sound a bit sketchy though.

    I agree with HM, the Decision really did leave more answers... though Dan Gilbert's behavior has completely vindicated the decision. Not how it was done, but I don't blame him for wanting to leave at all.
     
  17. akclone

    akclone Well-Known Member

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    I disagree that Gilbert's behavior vindicates Lebron.

    According to this article Gilbert gave James everything he ever asked for.
    I think he left because he knows he cant be the centerpiece of a championship team. In Miami he will be a co-centerpiece with Wade.
    Easy come, easy go for King James - NBA - Yahoo! Sports
     
  18. cyismydog

    cyismydog Well-Known Member

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    Not sure on the math, but guessing Jarvis Varnado makes the roster for sure. Same with Da'Sean Butler and Scheyer, and maybe Pittman. Even if all of those guys sign for the minimum, you still need 3 more roster spots, and Varnado is the only one with with big time potential.
     
  19. azn4cy

    azn4cy Well-Known Member

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    I would have thought Pittman has a better chance than everyone else to make the roster, but I could see all of em making it. Veterans minimum players can be signed to exceed the cap, and supposedly Haslem may take a paycut and fill about 4-5 million.
     
  20. cyclonenum1

    cyclonenum1 Well-Known Member

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    Fortunately for the Cavs, it appears that someone in the organization is thinking rationally even though the owner apparently is not. By doing this they at least get something in return...four draft picks from the reports (2 firsts and 2 seconds)...likely not great picks but you never know and it certainly beats getting nothing from the situation.
     

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