Pat Riley said he regretted not signing Dwyane Wade to a maximum contract in 2014 when he was a free agent for the first time since 2010.
“Riley told me before the game that, if he had to do it over again, in the summer of 2014, after LeBron James left and went back to Cleveland, we should have given Wade a max deal as well as Chris Bosh, as the team did,” David Aldridge said in a sideline report. “Riley told me, ‘That was wrong. I should have, we should have given him that. That’s a big second-guess, but that’s on me.'”
Wade signed a two-year, $31.1 million deal with a player option for the second season after opting out of a more lucrative arrangement that would have paid him $42 million over two years.
Wade recouped some of that by opting out and signing a one-year, $20 million deal in 2015.
Wade left the Heat to sign with the Bulls this past offseason after they had a stalemate over his contract terms.
Source: RealGM Basketball Wiretap