NBA

Miami Heat bring back old faces for new season

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Four of the many returning players (©GettyImages)
Four of the many returning players (©GettyImages).

With many of the Miami Heat’s off-season contracts becoming official a clearer image of the 2014-2015 roster has emerged. As it stands now the Heat will be fielding a familiar team. Heat all-decade teammates, Dwyane Wade and Udonis Haslem as well as six year team veteran Mario Chalmers resigned.

Dwyane signed a two year $31 millon contract, with $15 million being paid in the 2014 season and $16.125 being paid the 2015 season. Haslem signed a two year room mid-level exception worth $2.7 this season and $2.8 next season. Chalmers signed a two year $8.3 million deal, $4 million coming this season and $4.3 next season.

When you take into account Chris Bosh’s five year $118 million contract and the return of Chris “Birdman” Andersen at two years $10 million, the Heat will have at least five of its most distinguishable players back on the roster.

Familiar Faces

To fill out the rest of the roster, look for the Heat to re-sign more players from last year’s roster. I look for Greg Oden and Michael Beasley to sign for veteran’s minimum contracts, $.948 million for Oden and $1.145 million for Beasley.

The Heat have outside chances to re-sign Ray Allen and point guard Toney Douglas. At the moment Miami’s strongest competitor for Ray Allen’s talents is retirement and veteran’s minimum contract the Cleveland Cavaliers can offer him. The Heat can offer Allen $3 or $4 million because his salary will be added to the cap through the Early Bird exception.

Tony Douglas will not receive many bids and may be had for a bargain. Looking at the players currently contracted to play for the Heat, the organization could use a few cheap players to carry some of the minute load.

Final Product

If the contracts are processed as advertised, the Heat have used about $61 million of the NBA $63 million cap. The Heat will sign Haslem for $2.7 million using a mid-level exception. Birdman will be re-signed at $5 million by using the early bird exception.

With those additions the Heat’s salary is up to $68.7 million. That leaves plenty of space for league minimum contracts for Oden and Beasley and early bird exceptions in the case of Allen and Douglas.

One thing is certain of the 2014-2015 Heat roster, they cannot sign another player who either won’t play for the league minimum, or didn’t play for them last season.

Topics:
NBA
Miami Heat
Dwyane Wade
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