Wade, Bosh tell Heat they will become free agents

Wade, Bosh tell Heat they will become free agents

Credit: Getty Images

MIAMI, FL - JUNE 20: Dwyane Wade #3, LeBron James #6 and Chris Bosh #1 of the Miami Heat celebrate after defeating the San Antonio Spurs 95-88 to win Game Seven of the 2013 NBA Finals at AmericanAirlines Arena on June 20, 2013 in Miami, Florida. NOTE TO USER: User expressly acknowledges and agrees that, by downloading and or using this photograph, User is consenting to the terms and conditions of the Getty Images License Agreement. (Photo by Kevin C. Cox/Getty Images)

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by Tim Reynolds (Associated Press)

WHAS11.com

Posted on June 28, 2014 at 4:56 PM

 MIAMI (AP) -- Dwyane Wade and Chris Bosh are joining LeBron James in free agency. 

 
   They told the Miami Heat on Saturday that they are opting out of the final two years on their contracts, which means they are free to talk to any team starting Tuesday. It's the same option James exercised earlier in the week. 
 
   The moves come three days after Bosh, Wade and James met at a posh Miami Beach hotel to discuss their futures. 
 
   Bosh was owed $42.7 million and Wade was owed $41.8 million on the final two years of their contracts. Their moves provide the Heat financial flexibility to sign additional players while quite possibly being able to convince Bosh, Wade and James into staying. 
 
   Players cannot sign new contracts until July 10. 
 

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