Q: I'm sure you're being bombarded by questions regarding the Chris Sheridan article and I know you've explained the Heat's cap situation in the past, but I think it might be best to refresh your readers on next summer's situation. The Sheridan article claims that if the Heat don't renounce Dwyane Wade's rights then we can't sign Whiteside for more than $8 million. While this is true, we would more than likely renounce Wade's rights to get more cap space correct? This would leave us with something along the lines of $42 million in cap space to re-sign Whiteside, Wade and whoever else? -- Andrew, Miami.
A: You don't have to renounce anyone. You could simply sign Wade to a new deal first, thereby eliminating his cap hold. My math is a bit lower than yours than when it comes to what the Heat would have for free agents, with that number around $37 million. But I don't think there is anything near a definitive read on Hassan's market price at this stage, nor do we know how low Wade would go in exchange for more years and the possibility to play alongside an outside free agent that he finds appealing. I still believe that if Wade and Whiteside are re-signed, there will be nothing close to ample funds for a top-tier free agent, let alone a max-level talent. But, who knows, maybe someone takes Josh McRoberts for a draft pick. To refresh (I think this is what you were looking for): Bosh, Dragic, McRoberts, Winslow and the Tyler Johnson cap hold put the Heat at about $50 million against a 2016-17 cap projected at about $89 million. Then there are cap holds that you have to figure in. So even if you put Wade at a 50-percent cut to $10 million and Whiteside at a bargain $15 million (highly unlikely), that still leaves only about $12 million to finish off the rest of the roster. Wade does not have to be "renounced," but rather simply re-signed first to make the math work. If that is the math the Heat choose. People, it's still early. And there are so many other permutations possible, including the aforementioned McRoberts trade option or even moving Dragic
Trade Mcbob
Whiteside 17
Wade 12 (3/4 years)
Batum 15
Win