If Wade takes a $50 million/4 year deal, that's $12.5 million against next year's cap. I'm assuming Bosh takes a similar deal so that's $25 million between the both of them. Bron would probably sign something that starts at $15 million, so that $40 million for the big 3. Cole is the only one guaranteed at $2 million and if Haslem opts in we will be at $46 million.
Next years salary cap is projected to increase by $5 million so that will make it about $63 million. So that would give us $17 million to work with.
Don't expect $17 million. It's a bit more complicated than that. First off, Bosh probably isn't taking 4 years/$50 million. He's worth far more than that in free agency and doesn't have to take such a severe salary cut. I'm also not so sure Lebron will take $15 million starting either. Starting at $15 million costs Bron at least $20 million over the life of the deal.These guys can make $20+ million a year now if they were maxed out. I think Bosh takes $15 million and Lebron could be as high as $18 million. Either way they need to do a lot of things to preserve good cap space...
- They MUST get Udonis to opt out and offer him something like 3 or 4 years/$6-8 million so he doesn't take so much away from the team's cap this year. If not, they have to ship him out with a future draft pick.
- Every player they have, even if they're free agents, have cap holds for 150% of their last year's salary on the cap. They have to renounce every player's rights, except for the Big 3, to maximize cap space, which might mean losing Chalmers.
- The players they draft will only cost the team about $1.5 million in cap for both. Hopefully they keep both.
- They'll have a cap hold for having fewer than 12 players on the roster. Those are $500k each and are offset by the salaries of newly signed players. So there will be a hold of somewhere between $2-4 million depending on who's on the roster on July 1.
I think the Big 3 will cost the team somewhere between $45-50 million in cap space this season, assuming D. Wade takes that $50 mil deal, and depending on how generous Bosh and Bron are. Cole + Draft picks + Cap holds will end up totaling $6.5 million in cap, without Udonis or Chalmers.
It's probably going to be more like $10 million, and that's if Riley pulls off a heist like George Clooney in Ocean's 11. He has a lot of work to do.
