Even though Pat Riley said it wouldn't happen, Miami pawned off Beasley to Minnesota in exchange for the Timberwolves's 2011 and 2014 second round draft picks. [David Kahn might not have a plan, but he's made two unbelievable steals in the last two years that are in danger of going overlooked. This was one of them. More of the other in another post.] Subtracting Beasley's salary and adding one more cap hold put the Heat's total salary number at $24,259,284, cap room of $33,784,716. Wade then re-signed to a less-than-maximum contract, which started at $14,200,000 and paying $107,565,000 over the full six seasons; for reference's sake, this is over $16 million less than Joe Johnson got from Atlanta. (This is also the only time Joe Johnson will ever get mentioned in a "creative" financing post. Nothing creative about that contract.) Sign and trades for Bosh and James were then completed, both players signing identical $109,837,500 contracts starting at $14,500,000.
Note: Non-US teams that the player
has played for are, unless stated otherwise, from the top division in
that nation. If a league or division name is expressly stated, it's not
the top division. The only exceptions to this are the rare occasions where
no one league is said to be above the other, such as with the JBL/BJ League
split in Japan.