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Report: Wade, Bosh Willing to Give Up Big Money

ESPN

According to ESPN, the Miami Heat’s Chris Bosh and Dwyane Wade are willing to take massive pay cuts so the team can seriously pursuit elite free agents.

“As they chase free agents to join with their superstars, the Miami Heat are telling free agents they expect to have as much as $12 million in salary-cap space after getting LeBron James, Dwyane Wade and Chris Bosh to re-sign, sources told ESPN.com.

With James demanding a maximum contract starting around $20.7 million, this indicates that Wade and Bosh have expressed a willingness to take drastic pay cuts to help the Heat add talent to the roster.

This has freed up the Heat to become a serious bidder for free agent point guard Kyle Lowry, who is expected to meet with team officials on Tuesday, sources said.”