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LeBron James wonders if Miami Heat ‘Big 3′ can stay together; says under baseball rules, his salary would be ‘way up there’
CLEVELAND, Ohio – Miami Heat forward LeBron James can opt out of his contract following the 2013-14 season.
James, from Akron St. Vincent-St. Mary High School, is in his third season with the Heat after playing his first seven NBA seasons with the Cleveland Cavaliers.
There has been speculation that the Cavs would make a run at acquiring James during the summer of 2014, if he chooses to exercise his option to become a free agent.
The Cavs, as matters stand now, could be in a favorable salary cap position to pursue James.
James is being paid $17.5 million this season, tied for the 13th-highest salary in the NBA.
Brian Windhorst writes for ESPN.com, referring to Miami forward Chris Bosh and guard Dwyane Wade:
Bosh also is earning $17.5 million this season, while Wade is making $17.1 million. Had they taken max deals in 2010, each could have made just under $20 million this season.
It would have cost the Heat an additional $8 million in luxury taxes, roughly $12 million next season, and they might not have been able to add players Udonis Haslem, Mike Miller, Shane Battier and Ray Allen to the roster.
The Heat, however, would be subject to what is known as the “repeater” tax starting in 2014-15 if they keep James, Wade and Bosh together because they would be over the luxury tax for four years in a row.
By Starting Blocks