If Dwyane Wade’s reported uncertainty has us all panicked, reports like this one have our hearts stopping outright.
I wouldn’t tell you not to worry about Wade. Nobody truly knows, possibly including Dwyane himself, what his decision will ultimately be.
I can, however, tell you unequivocally: Don’t worry about the possibility of the Chicago Bulls adding three max contract players (the ones set to make $16.6 million) while keeping Derrick Rose and Joakim Noah.
Why? Because the possibility stretches the limits of human sanity beyond all reasonable measures.
Daniel Leroux of RealGM writes:
First we have the 125% rule. This rule indicates that any team can take on 125% of the contract values they send out in a trade, plus $100,000 of buffer room. As such, take the maximum contract value above, divide it by 1.25 and subtract $100k from that total and you get $13,175,126. This is the minimum value a team at or over the cap could send in contracts for a max-level player while satisfying this rule. However, cap space can also be used to reduce this number if it is available.
He was absolutely correct… right up until that very last sentence. And that one sentence destroys the philosophy.
Let me explain. Read more…