Miami Heat: Is shedding contracts worth enough to take on CP3’s deal?

Dwyane Wade #3 of the Miami Heat and Chris Paul #3 of the Houston Rockets (Photo by Michael Reaves/Getty Images)
Dwyane Wade #3 of the Miami Heat and Chris Paul #3 of the Houston Rockets (Photo by Michael Reaves/Getty Images) /
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The Miami Heat’s James Johnson drives to the basket against the Houston Rockets’ Chris Paul (Michael Laughlin/Sun Sentinel/TNS via Getty Images) /

C.R.E.A.M

To be frank and extremely clear, Paul is due to make a boatload of cash that is left on his current deal. In specific, his deal that he originally signed with the Houston Rockets that started on last season runs for three more seasons, including this one that is coming up. On that deal, Paul still has over $124 million dollars coming to him. These are made up of next season where he will earn about $38.5 million, the 20-21 season that will see him make $41.3 million, before finally cashing in for $44.2 million in the final year of the deal, which is the 21-22 season.

While no one can say for sure if and/or which salaries of their own that the Miami Heat would be looking to get off of, the fans would probably tell you that these names include Kelly Olynyk, Dion Waiters, and James Johnson. Olynyk has two years left on his deal including this one, that will see him make $23.7 million dollars over the next two season.

Johnson has two years left as well including this one, that will see him make just under $31 million dollars over the next two seasons. Waiters also has two years left including this one, that will see him make about $24.7 million dollars over the next two. Although when added all together, these deals total over $79 million dollars, it is less than two-thirds of what Paul will make across the next three seasons on his current deal.

While some would say that these players are overpaid, which they might be slightly or that they are underperforming, that isn’t entirely true. Kelly Olynyk does good things whenever he gets the opportunity to see the floor, which may happen a bit more often now that Hassan Whiteside was traded, although they did bring back Meyers Leonard from the Portland Trail Blazers.