Dwyane Wade wants $20 million per season to stay with the Miami Heat.
The drama between Dwyane Wade and the Miami Heat keeps intensifying. Wade has hinted at opting out of his current contract if he doesn’t get a raise. Now according to a report from Barry Jackson of the Miami Herald, Wade doesn’t only want to get a raise he wants a significant salary increase.
A Wade associate has told people that Wade would welcome a contract averaging $20 million annually over the next three years. If that’s true, it would be understandable, considering the year 13-15 pay ranges for Duncan and Nowitzki. Wade’s agent, Henry Thomas, politely declined to confirm that or anything regarding Wade’s specific financial expectations.
We’ve heard the Heat would prefer Wade opt in for $16 million next season, then take a very significant pay cut over the following two years.
But it’s important to note that those numbers were not confirmed by the Heat, which obviously isn’t saying what it will offer when formal offers can be made July 1. And I would be surprised if the Heat didn’t make a solid offer at that time; whether it’s to Wade’s liking is another story entirely that must play out.
As Jackson notes, the Heat would like Wade to opt in for $16 million because this will give them greater flexibility in the future. Miami is hoping to re-sign Goran Dragic this summer and in 2016, Hassan Whiteside will become an unrestricted free-agent. If Wade will only re-sign for $20 million then it will become quite difficult for the Heat to re-sign other players and build the team for the future.
Miami’s offseason was already going to be interesting thanks to Dragic but now Wade could be forcing the Heat to make a difficult decision. Wade has previously said that he is a “Heat Lifer” but his contract demands may complicate this descriptor.