This Friday started off horribly for Miami Heat fans, with news breaking shortly after noon EST that LeBron James decided to sign with the Cleveland Cavaliers. For those on Twitter, the news became even more depressing by the hour; first Chris Bosh was close to signing with Houston, then the Chicago Bulls were gauging interest from Windy City native Dwyane Wade.
But Yahoo! Sports' Adrian Wojnarowski reported that Bosh will re-sign with the Heat for the full maximum contract -- $118 million over five years. Shortly after that, TNT's David Aldridge reported that the Heat were "very confident" that it would keep Wade as well.
Chris Bosh is finalizing an agreement to return to Miami on a five-year, $118M deal, league sources tell Yahoo Sports.— Adrian Wojnarowski (@WojYahooNBA) July 11, 2014
At first glance, the moves signal that Pat Riley wasn't looking to tank for the 2014-15 season in the hopes of winning the Draft Lottery. We have to see how much and for how many years Wade will sign for, but the Heat may have more salary cap space to sign another player. And with James' move to Cleveland, the East is wide open. Riley isn't willing to give up just because James left.