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Wade receives extension offer from Heat

Posted on: July 12, 2009 7:23 pm
LAS VEGAS -- The Miami Heat have wasted no time offering Dwyane Wade a contract extension.

Wade's agent, Henry Thomas, confirmed to that he received an offer from Miami on Sunday, the day Wade's one-year window for signing an extension opened. Thomas declined to discuss specifics, but the maximum Miami can offer under the collective bargaining agreement is a four-year extension worth $86.6 million.

Wade, LeBron James, and Chris Bosh signed their current three-year extensions three years ago this week. They become eligible to sign extensions on the three-year anniversary of signing their current deals. Wade was the first to sign, and his window -- which lasts until June 30, 2010 -- was the first to open.

Wade has said that he wants to wait and see what moves Miami makes to bring the team closer to championship contention before he decides on signing the extension.
Since: Jun 25, 2009
Posted on: July 12, 2009 7:33 pm
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