GinoDB wrote:Venti Quattro wrote:Stephen A. Smith is a joke. On his radio show he said that the Heat can sign LeBron James and Chris Bosh to max deals and then sign Dwayne Wade to a max deal and be allowed to go over the salary cap because he is their own free agent. It's just absurd that a basketball "insider" has no clue how the salary cap works.
Im ok with being proven wrong but Im pretty sure Stephen A is right on this one
I am 100% sure and am willing to bet my car on the fact that Miami can't do that.
As of July 1st, if the salary cap is indeed $56.1 million as projected, the Miami Heat situation is as follows assuming they renounce the rights to everyone but Dwayne Wade:
Beasley - $4,962,240
Chalmers - $854,389
Jones - I'm not sure so, I'm using $0.
Wade - $23,669,869.50 (hold)
Player 5 - $473,604 (hold)
Player 6 - $473,604 (hold)
Player 7 - $473,604 (hold)
Player 8 - $473,604 (hold)
Player 9 - $473,604 (hold)
Player 10 - $473,604 (hold)
Player 11 - $473,604 (hold)
Player 12 - $473,604 (hold)
That's $5,816,629 in salaries and $27,458,701.50 in holds, totaling $33,275,330.50 in cap space used and $22,824,669.50 remaining to sign free agents.
Once max free agent #1 is signed:
Beasley - $4,962,240
Chalmers - $854,389
Jones - I'm not sure so, I'm using $0.
MAX #1 - $16,830,000
Wade - $23,669,869.50 (hold)
Player 6 - $473,604 (hold)
Player 7 - $473,604 (hold)
Player 8 - $473,604 (hold)
Player 9 - $473,604 (hold)
Player 10 - $473,604 (hold)
Player 11 - $473,604 (hold)
Player 12 - $473,604 (hold)
That's $22,646,629 in salaries and $26,985,097.50 in holds, totaling $49,631,726.50 in cap space used and $6,468,273.50 remaining to sign free agents.
Now, Wade must be signed to remove his monster cap hold.
Beasley - $4,962,240
Chalmers - $854,389
Jones - I'm not sure so, I'm using $0.
MAX #1 - $16,830,000
Wade - $16,830,000
Player 6 - $473,604 (hold)
Player 7 - $473,604 (hold)
Player 8 - $473,604 (hold)
Player 9 - $473,604 (hold)
Player 10 - $473,604 (hold)
Player 11 - $473,604 (hold)
Player 12 - $473,604 (hold)
That's $39,476,629 in salaries and $3,315,228 in holds, totaling $42,791,857 in cap space used and $13,308,143 remaining to sign free agents.
That's $3,048,253 short of a third max deal, and this is using $0 as Jones' number.

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