NEWS OF THE MORNING
No. 1: Report: ‘Melo opt-out deadline set; Heat might make push for Anthony — The Miami Heat are in the midst of The Finals against the San Antonio Spurs and find themselves in a 2-1 series hole. As such, don’t expect Miami’s players — namely its Big Three of LeBron James, Chris Bosh and Dwyane Wade — to start speculating or discussing what moves they’ll make this summer when they can all become free agents. Their lack of comments, though, hasn’t stopped a report from surfacing that the Heat may make a serious push to land free agent Carmelo Anthony this summer and team him up with the Big Three (who would have to take serious pay cuts to make this all happen).
ESPN.com’s Brian Windhorst and Marc Stein have more on the notion of a “Big Four” in Miami. Of course, before there can be any Big Four, Anthony has to officially let the Knicks know he’s opting out of his deal. Marc Stein of ESPN.com has more on that move, too.
First, here’s Stein on Carmelo’s opt-out deadline date:
Carmelo Anthony has until June 23, essentially one week before the start of free agency, to notify the New York Knicks if he plans to opt in or out of the final year of his current contract, according to sources familiar with the terms of his deal.
Sources told ESPN.com that Knicks president Phil Jackson is continuing to urge Anthony to exercise next season’s $23.3 million player option and put off unrestricted free agency for one more year.
The Chicago Bulls, Houston Rockets and Dallas Mavericks are all teams Anthony would consider starting July 1, sources say, if the 30-year-old decides to become a free agent this summer.
Jackson’s pitch to Anthony — which sources say he has delivered more than once over the past month — is founded upon the notion that the Knicks will have increased financial flexibility in the summer of 2015 to bring in a marquee free agent to pair with a re-signed Anthony.
ESPN’s Stephen A. Smith said on his ESPN New York radio show Tuesday and in subsequent interviews that Anthony and James, members of the NBA’s ballyhooed 2003 draft class and longtime USA Basketball teammates, have expressed the mutual desire to play together before their careers end and will look into teaming up if both wind up on the open market in July 2015.
James, Dwyane Wade and Chris Bosh all have until the end of June, sources say, to notify the Heat whether they intend to opt into the final years of their respective current contracts or become free agents July 1.
The Miami Heat’s immediate focus remains overcoming a 2-1 NBA Finals deficit to the San Antonio Spurs, but discussions have begun within the organization about trying to grow their so-called Big Three into a Big Four, according to sources close to the situation.
Sources told ESPN.com that Heat officials and the team’s leading players have already started to explore their options for creating sufficient financial flexibility to make an ambitious run at adding New York Knicks scoring machine Carmelo Anthony this summer in free agency.
The mere concept would require the star trio of LeBron James, Dwyane Wade and Chris Bosh to all opt out of their current contracts by the end of the month and likely take further salary reductions in new deals that start next season to give Miami the ability to offer Anthony a representative first-year salary. The Heat also are prevented from making any formal contact with Anthony until July 1 and can do so then only if he opts out of the final year of his current contract. Anthony has until June 23 to notify the Knicks of his intentions, according to sources.
Sources say internal conversations within the Heat organization about pursuing this course have run concurrently with Miami’s bid to win a third consecutive championship, with sources adding that James in particular is likely to try to recoup potential salary sacrificed through fresh off-court business opportunities if the Heat’s new dream scenario does come to fruition.
James’ off-court business is booming, thanks to a string of investments paying off massively and the prospect of new opportunities in endorsements and entertainment projects promising to expand his wealth significantly in coming years.
The Heat are in essence trying to emulate some of the longstanding policies employed by their current Finals opponent, as the Spurs have been able to keep Tim Duncan, Tony Parker and Manu Ginobili together for more than a decade — while routinely strengthening the supporting cast around them — because their three best players have been repeatedly willing to take pay cuts.
ESPN’s Stephen A. Smith said on his ESPN New York radio show Tuesday and in subsequent interviews that Anthony and James have expressed the mutual desire to play together before their careers end and will look into teaming up if both wind up on the open market in July 2015.