Analyzing A Potential Miami Heat Offer to Chris Andersen

June 24th, 2013 3 comments

When the Miami Heat signed Chris “Birdman” Andersen in January, they were hoping for an extra body off the bench who could bring energy, rebounding and defense. Since joining the team, the veteran forward/center has given them much more than that.

Outside of LeBron James, Andersen was the Heat’s most important player on offense during various stretches of the regular and postseason. Andersen was the beneficiary of James’ creative passing, scoring mostly at the rim, mostly on dunks, adding vertical floor spacing to the Heat’s offense, drawing double and triple teams away from the perimeter, and forcing opposing defenses to pay the ultimate price for their help defense.

Outside of James, he was also the Heat’s most important player on defense at times. James has praised Birdman profusely in the past, comparing him to his former Cleveland Cavaliers teammate Anderson Varejao for his hustle and energy. He blocks shots, he’s versatile enough to check both frontcourt positions, and he rebounds the basketball.

The Heat repeated as champions because they have LeBron James. But they wouldn’t have been nearly as dominant as they were without the contributions of their many secondary players, guys who know their roles and do what they’re supposed to do. Birdman has shown that he can be as valuable to the team as anyone not named James, Wade or Bosh.

He was a wonderful addition for the Heat this past season. A perfect fit. The missing piece at a position of desperate need. But he’s also a soon-to-be 35-year-old, low-minute, high-energy reserve. How should the Heat value such a player? How much can they afford to pay?

Basic mathematics could provide the answers.  Read more…

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The Fate of Mike Miller

June 23rd, 2013 No comments

It’s still time for celebration in Miami, the Heat just having won its second NBA title in as many seasons. The champagne is still flowing, the parade is still upcoming, and the sheer joy of the moment is still bringing smiles to all of our faces.

For the front office, however, it’s time to get to work. There are tough decisions to be made.

Toughest of all may be the case of Mike Miller.

Miller is a truly wonderful guy. He’s classy. He’s humble. He’s a family man with a touching story. He’s a great teammate. He’s a great player. He can hit a barrage of clutch three-pointers to clinch NBA titles. He can hit them without shoes on. When he’s right, he can be the second most valuable player on the team.

But the Heat is in a difficult financial position and, as such, his tenure on the team is in doubt.

He knows it. He recently sold his beautiful Pompano Beach residence at auction in preparation.

Was he right? Were his actions premature? What are the alternatives for Miller and the Heat?  Read more…

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Decision Time Looming for Four Miami Heat Players

June 22nd, 2013 No comments

The clock is ticking. Within a week, the first decisions for next season need to be made.

By June 29, there will have to be resolution with the four players on the roster with options for the 2013-14 season.

Of those decisions, only one is at the Heat’s discretion, the third and final year on Mario Chalmers’ contract. It is a $4 million team option. It almost assuredly will be picked up, a bargain price for an NBA starting point guard.

Three other options are out of the Heat’s control – player options held by guard Ray Allen and forwards James Jones and Rashard Lewis.

Allen has been silent on the issue of his $3.2 million option. But having hit the most iconic shot of the 2013 playoffs – and perhaps the single biggest field goal in Miami Heat history – resulting in his second NBA title, he is surely rejuvenated and excited to return. Lewis and Jones have each already expressed their excitement in returning with varying levels of certainty.

This is a happy team. It is a back-to-back NBA champion. It is the prohibitive favorite to get a third consecutive. Why would anyone choose to leave?

All four are likely to return.

But, for Lewis and Jones – who are playing at or near the minimum salary – there is a deeper story here. With the Heat in a financial crunch and attempting to keep its core together, the Heat and salary cap guru Andy Elisburg need to get creative. They have a golden opportunity to save as much as $3.1 million next season, and they should pounce. Read more…

2013 NBA Championship Prize Money

June 21st, 2013 2 comments

Update (06/15/14): Attached are the Player Playoff Pool allocations and distributions for the 2013-14 NBA season. 

The Miami Heat, who have now won their third NBA championship in team history, get to take home the Larry O’Brien trophy for the second time in as many seasons. The team also gets to take home a little pocket change: $3,811,608 in playoff bonus money.

In the NBA, there is no championship prize money per se – just a $13 million “Player Playoff Pool” that is funded by playoff gate receipts and is then allocated to playoff teams. The amount earned escalates as one’s team advances in the playoffs.

As a team, the Heat earned $2,302,232 from the pool for winning the championship, compared to the $1,525,515 the San Antonio Spurs received as runner-up.

Earlier, the Heat earned $374,947 for finishing with the best record in the NBA, another $328,078 for finishing with the best record in the Eastern Conference, $194,016 for participating in the first round of the playoffs, $230,853 for participating in the Conference Semifinals, and $381,482 for participating in the Conference Finals.

Read more…

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Miami Heat Repeat As NBA Champions!

June 21st, 2013 No comments

Miami Heat Champions

Their validation came in the form of a second consecutive championship celebration that began here late Thursday night and probably won’t end for days. And as the final seconds ticked off the game clock inside AmericanAirlines Arena, LeBron James, Dwyane Wade and Chris Bosh reveled in the moment. They earned it!

For Miami’s Big Three, the team’s 95-88 victory over San Antonio in Game 7 of the N.B.A. Finals completes a journey several years in the making. The Finals disappointment against Dallas in 2011, unforeseen setbacks and relentless criticism – much of it misguided – no longer mattered. They accomplished what they set out to do: win multiple N.B.A. titles as teammates.

That singular pursuit is what prompted the incomparable James to walk away from the team that drafted him, incurring the wrath of fans in his home state. It’s why Wade, one of the game’s greatest ever superstars, willingly stepped aside to let basketball’s best player lead the Heat. It’s why Bosh allowed himself to be denigrated from franchise player to disrespected third wheel.

The payoff was surely worth it.

In winning consecutive N.B.A. championships, the Heat joins an exclusive club that includes only the Boston Celtics, Chicago Bulls, Detroit Pistons, Houston Rockets and the Los Angeles Lakers. The list of teams that have made at least three straight Finals appearances in doing so is even shorter: the Celtics, Bulls, Pistons and Lakers.  Read more…

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Revised Luxury Tax Projections Come in Below Expectations

June 2nd, 2013 No comments

The NBA’s salary cap and luxury tax threshold aren’t expected to rise as much as the league initially projected, a development that could have significant implications for the Miami Heat.

Estimates that were provided by the league to NBA teams on May 31 have the salary cap rising to just $58.5 million and the tax threshold to just $71.6 million for the 2013-14 season, both slight increases from the current levels but considerably lower than what had been projected. The league had previously guided to $60 million and $73 million, respectively, at the beginning of the season. The numbers will be finalized only after the NBA does a full season audit during the first week in July.

The revised projections suggest that revenues for the 2012-13 season are falling short of expectations and, as a result, player salaries are correspondingly too high, triggering escrow adjustments to the following season’s salary cap and tax threshold.  Read more…

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Just How Serious Is Dwyane Wade’s Bone Bruise?

May 5th, 2013 2 comments

Update (11/17/13): The bone bruises in Dwyane Wade’s right knee have now fully healed. While he has continuing issues with both knees, his most significant troubles are with his left knee, from which he had a portion of his lateral meniscus removed in March 2002. 

We’ve been through this before – a 30+ year-old Dwyane Wade sustaining injury, and thus being unable to perform at the highest of levels at the most critical of times. Last year, it caused perhaps the worst postseason of his career. This year, it is lowering even that standard.

Last time around, it was further structural damage to an already surgically repaired left knee, which required the joint to be drained of excess fluid in May and then an arthroscopic procedure to clean out the area in July. This time around, it’s a bone bruise in the right knee. Three, in fact.

The term “bone bruise” perhaps makes the injury seem less serious than it is. People often think of a bruise as a black-and-blue mark on the skin, which is often nothing more than a minor nuisance. But bones can also be bruised. In fact, bone bruises can be quite severe and extremely painful. They’re not all that uncommon in basketball circles. And the knee is particularly susceptible.  Read more…

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NBA Luxury Tax Projections For Next Season

March 11th, 2013 No comments

There has been widespread speculation in NBA circles over the past year or so about the fate of the Miami Heat for next season and beyond. Articles that emphatically declare the inevitable financially-motivated implosion of Pat Riley’s brainchild have run rampant all across the internet universe.

The cost of doing business in the NBA has increased dramatically under the provisions of the new Collective Bargaining Agreement. The new rules are designed specifically to financially cripple high-spending teams like the Heat, in an attempt to promote competitive balance among all of the league’s 30 teams.

It’s working. Miami’s costs are soaring. But while predictions that call for the Big Three to be broken up to alleviate the hemorrhaging in the years to come are wildly premature and not very likely if things continue to run smoothly on the court, just how much Arison may be willing to spend to surround them depends largely on future luxury tax thresholds.  Read more…

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Miami Heat ‘Feverishly’ Pursued Nikola Vucevic in 2012

March 7th, 2013 No comments

Apparently, just as the Heat were touting the virtues of a “position-less” basketball philosophy which had just won them their first N.B.A. title of the Big Three era, Heat president Pat Riley was working “feverishly” to end its existence.

John Denton of OrlandoMagic.com reported earlier today that the Heat tried to acquire then Philadelphia 76ers center Nikola Vucevic last summer, just before he was sent to the Orlando Magic in the Dwight Howard trade last August.

Vucevic is a beast, which was fairly evident even before he exploded this season in Orlando. Doug Collins wasn’t playing him in Philly, because, well, he’s Doug Collins and he does things like that, but Vucevic showed a lot in his limited time last season – enough to convince Riley to seek him out.

It was vintage Pat Riley.

Only this time, he wasn’t able to execute upon his vision. And that may very well have been his fault.

Vucevic has given the Heat fits thus far this season, having twice gone for at least 20 points and 20 rebounds. The second year player could have been putting up those numbers for the Heat, instead of against them, if Riley had been willing to part with either Mario Chalmers, Norris Cole, or both.

The Heat weren’t willing to give up their top two point guards to make it happen.

The report of such clandestine trade discussions with the Sixers are a rather interesting development when considering that the Heat had at the time just executed a separate trade with the Sixers, one that sent the draft rights of Arnett Moultrie to Philly in exchange for the draft rights of Justin Hamilton and a 2013 lottery-protected first round pick.

We don’t know – and we will never know – what the Heat actually offered for Vucevic. As much as we’d like some transparency into the negotiations, we’ll never get it.  Read more…

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The Final Miami Heat Roster Spot

March 1st, 2013 No comments

The trade deadline has now passed. The waiver deadline for playoff eligibility has now passed.

The Miami Heat created a roster spot by trading away Dexter Pittman, at a cost of a second round draft pick and some cash, and nobody worthy of the spot has shaken free.

What should the Heat do?

Keep it. For now, anyway. Save some money. It is, after all, a nice insurance policy.

Then deploy it at the end of the regular season. Here’s why.

Both the Miami Heat and the Cleveland Cavaliers have reportedly had a strong interest in signing former Portland Trail Blazer center Greg Oden to a multi-year contract this season. The reason is clear. When healthy, Oden is a game-changing talent who, in his limited minutes thus far as an NBA pro, has made a serious impact down low. And while he’s never intended to play this season, a multi-year contract would have ensured either team his playing services for next season on a low-money contract.

How low?

The Heat’s only available multi-year offer would be a two-year minimum salary contract (i.e., the remainder of this season and next). The Cavaliers are still in position to use cap space to offer an up to four year contract staring at roughly $4 million.

Some in South Florida have been skeptical. Some believe the cost and the risk, when combined, are so great as to not justify the potential reward. But here’s the thing: there is no risk. None at all.  Read more…

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