has the details of the new contracts:
It was learned Friday that James, Wade and Bosh took significantly less than the maximum allowable $16.6 million 2010-11 starting salary on their new contracts, each now starting in the $14.5 million range, shaving about $15 million off their maximum totals. Also, each can terminate their six-year contracts after four seasons, with a right to opt out after the fifth. The new collective-bargaining agreement, however, could make the financial sting too punitive to exit the deals early.Although James didn't want to discuss the financial details at Friday's press conference, he did insist that they had not been giving "max" deals though they did receive the maximum amount of years allowed thanks to the sign and trade deals. This will allow the Heat to fill out the rest of the roster with more money to spend instead of being handicapped with only veteran minimum contracts to offer.