I think he can do anything he wants to do. It is a free contry and he is allowed to do this as a FREE Agent! I would burn down Lion Gate bridge for $100 million! Upgrade my favrite Asain Sp to Adriana or Holy Talor!
I'm not that "in tune" with Wade's contact situation, so I don't know if he qualifies for the "Larry Bird Rule", that's just an uninformed guess on my part, since he was a free agent, and he completed his contract with the Miami Heat.Are you saying that Wade's salary doesn't count against the salary cap? What's this "Larry Bird rule"?
This isn't quite right. His salary still counts towards the team's salary cap. The Larry Bird rule allows a team to re-sign their own free agent (assuming they have the "Bird rights" - i.e. played with the team for at least 3 years, as you said) and exceed the salary cap with that signing. For example, if the cap were 50 million and a team had players under contract totalling 48 million, then they could resign their own free agent that they have Bird rights to for up to whatever the max is for that particular player - so could re-sign someone for say 10 million to bring their total to 58 million, which is over the cap. They could not sign a free agent from another team for that amount, since they only have 2 million to work with. This is why teams often sign their own free agents last, since they can exceed the cap when they sign.The "Larry Bird Rule" aka "qualified free agent rule" is one of several exemptions in the NBA salary cap. Under this rule, if a player fulfills his contract (with a minimum 3 years), the team he was just under contract to, can re-sign him (for up to the maximum salary allowed under the collective bargaining agreement, for maximum of 6 years) and his salary will not count towards the team's salary cap.
I'm not even a basketball fan, but why does this whole interview/press report take an hour?