It recently came out that Dwyane Wade and the Miami Heat had reached an impasse in negotiations for Wade’s next contract, and now we have a better idea why. It appears the Heat lowballed Wade with their initial contract offer:
@jnewman3345 it was under 10M per, I believe
— Ethan J. Skolnick (@EthanJSkolnick) June 2, 2015
Wade has a player option for $16.1 million next season, and he’s hoping to opt out and get a new three-year deal in Miami. It’s understandable for him to be upset if he was only offered under $10 million annually considering all he’s done for the franchise and the fact that he’s still an elite player when healthy.
Wade has sacrificed money in the past for the good of the team, but now he’s looking for the Heat to take care of him as he approaches the twilight of his career. Miami is right to have concerns about giving Wade too big a contract given his age and declining health, but that offer is pretty insulting.
I expect the two sides to get together and ultimately work things out, and one solution is giving Wade a huge one-year deal for next season and then giving him a smaller contract for the two years after that in order to help with flexibility and a possible chase of Kevin Durant.
However, Wade leaving doesn’t seem so crazy at this point, and it appears some trust needs to be built back up between him and management.