Dwyane Wade is opting out of his contract to join LeBron James in free agency.
So is Chris Bosh, sources tell ESPN’s Chris Broussard.
Wade told the Miami Heat on Saturday that he is opting out of the final two years on his contract, which means he is free to talk to any team on July 1. It’s the same option James exercised earlier this week.
The move also comes three days after Wade, James and Bosh met at a posh Miami Beach hotel to discuss their futures.
Also from ESPN.com:
Veteran power forward Udonis Haslem has opted out of his deal with the Miami Heat and will become an unrestricted free agent, according to a report.
Bleacher Report reported Saturday that Haslem did not exercise his $4.62 million player option and now is free to sign with any team — including re-signing a team-friendly deal with the Heat to create extra space under the salary cap — starting Tuesday.
Wow, that is a major turn of events. What if they all take long-term deals at lower salaries? They could not only have room to sign Melo, they would be opening up at least the room exception. as well (and possibly other exceptions like the mid-level exception and the bi-annual exception, depending on how they arrange their cap space). Riley called the idea of adding a fourth star a “pipe dream” recently, but I would have called having Wade and Haslem opt out of their contracts a pipe dream as well, and yet here we are.