There is also a player option for year 2 of this deal. Wade opted out of 2 years/$42 million so he's losing about $11 million. Still, $15 million is a nice paycheck and I'm sure the Heat will take care of Wade beyond that year for his sacrifice. I like this deal for both sides. Wade gets his money and comes out as a "good guy" for giving up money (Wade is teflon). The Heat stay competitive now and keep cap space open for the summer of 2016 when Kevin Durant and LeBron James (Ha!) can become free agents.
Charlotte Hornets sign G Lance Stephenson: 3 years, $27 million.
|"Larry, dis Lance..."|
Los Angeles Lakers re-sign G Swaggy: 4 years, $21.5 million
re-sign C Jordan Hill: 2 years, $18 million
Very kind of Swaggy to take less than the max to help bring other talent to Los Angeles. Very kind indeed.
Jordan Hill had a very solid year in LA last season. He averaged nearly 10 PPG, 7.5 RPG and 1 BPG in only 21 MPG. He played mostly PF with Pau Gasol in town, but I figure he will transition back to center with Gasol in Chicago. He and Julius Randle should form a solid frontcourt for the Lakers. A two year deal also keeps LA's cap space alive for the summer of 2016.
Cleveland Cavaliers sign F Mike Miller: 2 years, $5.5 million
The Cavs shot 35% from 3P last season, just short of the 36% league average. Miller hit 46% of his triples in Memphis last season, AND played in 82 games. You can do a lot worse than a rotation of wings that includes LeBron James, Andrew Wiggins, Dion Waiters and Mike Miller. A very nice move for a Cavs team that could compete for the East now, even without acquiring Kevin Love, due to the Pacers and Heat being forced to shake up their starting lineup.
Washington Wizards sign F Kris Humphries: 3 years, $13 million
The Wiz are having a very good offseason. They retained Gortat, signed Pierce for cheap, picked up a trade exception for a fleeing Ariza and now, Humphries. Humphries came off the bench for the Celtics last year and gave them a 8/6 on 50% FG shooting in only 20 MPG. He'll be a great first big off of the bench and very valuable when Nene misses his annual 15 games. I really like what the Wizards have going on.