Oct 30, 2012; Miami, FL, USA; Miami Heat shooting guard Dwyane Wade (left) - power forward Chris Bosh (center) - small forward LeBron James (right) after receiving their NBA championship rings before a game against the Boston Celtics at American Airlines Arena. Mandatory Credit: Steve Mitchell-USA TODAY Sports

Report: James, Wade and Bosh Discuss Contract Options

After deciding to opt out of their contracts, LeBron James, Dwyane Wade and Chris Bosh have been discussing signing long-term deals to remain with the Miami Heat, according to ESPN’s Brian Windhorst.

After agreeing to all opt out of their contracts together, Miami Heat stars LeBron James, Chris Bosh and Dwyane Wade have been discussing financial terms of new contracts among each other, sources told ESPN.com.

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The talks between the three players is the strongest indication yet that James plans to re-sign with the Heat after he becomes a free agent on Tuesday. Unlike in 2010 when all three took nearly identical contracts, the discussions this time have included the possibility that James would draw the highest salary among the three, sources said.

NBA free agents cannot begin negotiating with teams until July 1 and cannot officially sign until July 10, under league rules, but that doesn’t prohibit players from discussing matters with each other.

James, Wade and Bosh meeting to plan their offseasons is nothing new. They met once in 2006 and again in 2010, eventually signing in Miami. The three met last week, too, and are believed to have discussed their plans then as well. At the time, James was the only one who had announced his intention to opt out. On Saturday, Wade and Udonis Haslem both opted out.

Likely being discussed is the $55 million in cap room that the Heat will have to work with. If the Big Three take significant paycuts, the possibility exists of adding impact free agents like Kyle Lowry, Carmelo Anthony and Marcin Gortat.

Multiple reports have rumored Miami’s interest in Lowry, the Toronto Raptors point guard who enjoyed a breakout season averaging 17.9 points and 7.4 assists per game.

In his report Windhorst outlines multiple possibilities, including the Big Three signing anywhere from $5 million to the maximum $22 million per season. When James, Wade, Bosh and Pat Riley are involved, I wouldn’t count anything out.

 

Tags: Chris Bosh Dwyane Wade Lebron James Miami Heat Pat Riley

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