Did Miami Heat overpay for Chris Bosh?

Jun 12, 2014; Miami, FL, USA; Miami Heat center Chris Bosh warms up prior to game four of the 2014 NBA Finals against the San Antonio Spurs at American Airlines Arena. Mandatory Credit: Bob Donnan-USA TODAY Sports
Jun 12, 2014; Miami, FL, USA; Miami Heat center Chris Bosh warms up prior to game four of the 2014 NBA Finals against the San Antonio Spurs at American Airlines Arena. Mandatory Credit: Bob Donnan-USA TODAY Sports /
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After the Miami Heat lost forward LeBron James to the Cleveland Cavaliers, they work quickly to re-sign the other two members’ of the big three, guard Dwyane Wade and big man Chris Bosh. Bosh agreed to a five-year deal worth just under $119 million.

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Bosh’s mega-deal has caused many to speculate the Heat panicked because they thought Bosh would sign with the Houston Rockets and decided to overpay to keep him.

Iran Winderman of The South Florida Sun Sentinel believes the Heat will have overpaid for Bosh unless he returns to his form in Toronto with the Raptors.

"Q: If the TV deal does increase the cap and max as significantly as some expect, paying Bosh $23 million per year may be a relative bargain come 2016, if the max hits that $30 million-$35 million per-year range. — Andrew, Miami.A: A legitimate point, but only if Chris can return to the all-around presence he was in Toronto. Whether the max is $30 million or $20 million, you can’t be spending that type of money on a player whose contribution have been as limited as Bosh’s in recent seasons."

Before Bosh got to Miami and began deferring to James and Wade, he was an excellent offensive player and carried the Raptors to the postseason. The Heat are hoping he can become that type of player once again.

Bosh averaged 16.2 points, 6.6 rebounds, 1.1 assists, 1.0 blocks and 1.0 steals per game while shooting 51.6% from the field, 33.9% from three and 82.0% from the free trow line last season. In his 11-year NBA career, the fourth-overall pick of the 2003 Draft has put up 19.2 points, 8.7 rebounds, 2.0 assists and 1.1 blocks per game while shooting 49.8% from the floor, 31.0% from three and 80.0% from the charity stripe.

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