Because of impending luxury tax penalties due to a costly roster, the Miami Heat will be extremely limited in their approach to this summer's offseason free agency period.
With no draft picks, the Heat can either look into trading into the draft or use the limited funds they have to convince another veteran to take a paycut and ride the championship wave, as so many have done before.
Miami's salary will be at $85 million next year, with James Jones and Ray Allen holding player options that add up to somewhere near $4.7 million. Chris Andersen, Juwan Howard and Jarvis Varnado will be the only free agents this summer, before the 2014 summer that will feature potential free agents in each member of the 'Big Three', as well as certain free agents in Mario Chalmers and Shane Battier.
The Heat will have several decisions to make come 2014. But before then, they can look towards this summer as another trip on the recruiting trail to convince ringless veterans to join the fray and possibly win a title or two before retiring a few miles away on Star Island.
Affordable free agents will be difficult to come by for the Heat this summer. Unless they can package some sort of deal that would send the lucrative contracts of Mike Miller and Joel Anthony somewhere, they're going to be extremely limited in who they can potentially pursue.
The Heat will always have no state taxes and the potential to win multiple championships as selling points, but not every veteran will work for chump change. Guys like Battier and Allen, who have already made their money and convinced themselves that winning means more, only come around so often.
With needs to address at every position, especially on a bench that is older than you think, the Heat will have to go into the summer with an open mind and a wallet that's going to be even tighter than the past two seasons.