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AP Interview: Wade Chooses to Stay with Heat

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In this Feb. 25, 2015, file photo, Miami Heat's Dwyane Wade (3) goes to the basket past Orlando Magic's Victor Oladipo (5) during an NBA basketball game in Orlando, Fla. A person familiar with the negotiations says Wade is staying with the Heat. The person says Wade informed the Heat on Thursday, July 2, 2015, he will accept a one-year offer to re-sign for $20 million for next season. The person spoke to The Associated Press on condition of anonymity because no NBA deals can be finalized this summer until July 9. (AP Photo/John Raoux, File)

In this Feb. 25, 2015, file photo, Miami Heat’s Dwyane Wade (3) goes to the basket past Orlando Magic’s Victor Oladipo (5) during an NBA basketball game in Orlando, Fla. A person familiar with the negotiations says Wade is staying with the Heat. The person says Wade informed the Heat on Thursday, July 2, 2015, he will accept a one-year offer to re-sign for $20 million for next season. The person spoke to The Associated Press on condition of anonymity because no NBA deals can be finalized this summer until July 9. (AP Photo/John Raoux, File)

TIM REYNOLDS, AP Basketball Writer

MIAMI (AP) — After 12 years with the Miami Heat, Dwyane Wade needed a reminder of how much the franchise valued him.

Once he found out, any chance of him leaving vanished.

Wade accepted a $20 million, one-year deal on Thursday to stay with the Heat next season, ending his latest foray into free agency and wrapping up a weeks-long saga that had him seriously wondering about leaving for the first time. A pair of conversations, first with Heat CEO Nick Arison and then another with managing general partner Micky Arison, reminded Wade of what he meant to the team and from there it was a matter of just making numbers work.

“Sitting down with Nick, sitting down with Micky and having conversations with them that I’ve never had, that was big for me,” Wade told The Associated Press in a telephone interview. “I’ve never had a business conversation with one of them. … They got to show me how much they really wanted me to be here, how important it was for them that I continue to wear one jersey.”

Without those conversations, Wade said, “I don’t think we would be at this point.”

Per NBA rules, the Heat could not comment other than saying that they intend to enter into a contract with Wade once the NBA moratorium period ends. Wade cannot sign his new deal until July 9.

Wade said he was able to track through social media how much Heat fans wanted him to stay, which he said factored heavily into his decision-making process.

“I can’t tell you how much I appreciated what they all said,” Wade said.

But ultimately, he needed to know the Heat felt the same way about their 33-year-old shooting guard. The 11-time All-Star averaged 21.5 points this past season, third-best among Eastern Conference players, and believes he remains one of the game’s top threats when healthy.

He found out the Heat still agree.

“Money-wise, I thought I did the best I could for myself and my family, and I also had the Heat in mind,” Wade said. “Obviously it’s all about putting yourself in position to be able to compete. I love this organization. It crossed my mind to say, ‘If I’m going to handicap this organization by this contract, maybe the best situation is not to be there.’

“A one-year deal for $20 million, I could never look at that and roll my eyes,” Wade said. “I am from Robbins, Illinois. Look at what I’ve been through in my life.”

Wade could have made $16.1 million this season on the second year of a two-year deal, but opted out with hopes of getting a longer-term, more-lucrative contract.

For now, the more-lucrative part was enough to appease Miami’s all-time leading scorer.

“You go through so many emotions,” Wade said. “It’s no secret that my goal was to sign a longer-term deal this summer. That’s what I was focused on. Once I realized that probably wasn’t the best thing for me right now, where everything is financially with the NBA and a lot of things coming up that we don’t even know about yet, a one-year deal isn’t a bad thing.”

The decision ends a weeks-long, sometimes-contentious saga between the Heat and their franchise player. Wade was open to the idea of leaving Miami over a contract dispute, moreso than ever before.

From talk of an impasse between the sides several weeks before free agency even began, to social-media over analysis of Wade speaking of Miami in the past tense in his role as a television analyst during the NBA Finals and even the widespread perception that a recent image of his father wearing a Cleveland Cavaliers shirt was a sign of a looming Heat departure.

All the angst was for naught.

Wade considered other teams — the Los Angeles Lakers, in particular — but lure of staying home was ultimately too strong.

“This contract is a win-win for both Dwyane and the Heat,” Wade’s agent, Henry Thomas, said. “Not only does Dwyane get to extend his Hall of Fame-worthy career with the only franchise for whom he has ever played, but he will have the flexibility next summer to sign an additional deal.

“And the Heat gets to keep their franchise cornerstone while having the ability to build a championship-contending roster.”

Goran Dragic committed to a five-year deal on Wednesday. With Wade now back, the Heat free agents have decided their futures and now Miami will look to add pieces. Heat President Pat Riley was to meet late Thursday with free agent forward LaMarcus Aldridge in Los Angeles, a longshot quest but one that shows that Miami is serious about winning now.

The 37-45 season this past year, one where Wade missed 20 games and Chris Bosh missed half the season because of a blood clot on his lung, is only going to go down as an aberration, the Heat hope.

“We’re going to be better. I know that,” Wade said. “Knock on wood, you stay healthy, I think we’re a good team. I like our chances.”

Copyright 2015 The Associated Press. All rights reserved. This material may not be published, broadcast, rewritten or redistributed.

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Business

Sale of Coliseum to African American Developers Moves Toward Completion

The deal includes the sale of the Oakland Arena to an unidentified third-party buyer for no less than $100 million, which Bobbitt said was one of the most important aspects of the site’s future redevelopment.

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The deal includes the sale of the Oakland Arena to an unidentified third-party buyer for no less than $100 million, which Bobbitt said was one of the most important aspects of the site’s future redevelopment.

‘This is on the precipice of actually occurring,’ said Ray Bobbitt, buyers’ representative

By Post Staff

After many months of complex negotiations, the Oakland Coliseum development deal is finally nearing an agreement that will open the way for new owners – the African Americans Sports and Entertainment Group (AASEG) – to revitalize the sports complex and the Hegenberger Corridor in East Oakland.

On May 28, the Alameda County Board of Supervisors unanimously approved a non-binding agreement to dispose of the County’s portion of the complex for $115 million in a deal with AASEG, with a closing date set for June 30.

“People are seeing that this is on the precipice of actually occurring,” said Ray Bobbitt, founder of the AASEG and an East Oakland native. “People feel that this needs to happen for Oakland, for East Oakland in particular,” Bobbitt said, as reported in the East Bay Times.

The agreement would transfer ownership of the 112-acre Coliseum complex property, which was owned 50-50 by Alameda County and the City of Oakland, to Oakland Acquisition Company, which is AASEG’s real estate wing.

The County’s approval marks an important step in the sale of the property, even though concerns about environmental liability remain. Under the terms of the non-binding agreement, the county will pay $115 million to Coliseum Way Partners, the corporate entity of the Oakland Athletics that had previously purchased the county’s half of the property for $85 million.

AASEG will then pay $115 million to the County in three annual payments, with 5% annual interest paid on any outstanding balance, according to the term sheet.

AASEG already negotiated a purchase of the city’s half of the property for $125 million in 2025, awaiting the sale of the county’s half.

A strong supporter of the sale, Supervisor Nate Miley said he was not “breaking out the champagne” until the sale was final. This is not perfect, but it is good.

“It’s good because the County ends up with more money,” Miley continued. “It’s good because an African American team takes ownership of the property, and they’ve got a lot of potential in terms of what they want to do with the property.”

A remaining disagreement between Alameda County and the AASEG involves environmental concerns.

AASEG wanted a “carve-out” for environmental concerns so that it would not face liability for the release of groundwater into San Francisco Bay without a permit. Obtaining a permit could be time-consuming and expensive, requiring the need for consultants, studies, and an oversight process by the San Francisco Bay Regional Water Quality Control Board.

County supervisors unanimously supported the non-binding agreement without the carve-out, though Bobbitt said delaying or excluding the carve-out creates timing risks for the project.

“The motion is to accept the terms as presented, excluding the carve-out,” Board of Supervisors President David Haubert said. “Noting that it’s a non-binding term sheet and terms can always be discussed going forward. It’s been pointed out that that could affect the deal, timing, which we’ve been at this for nine years, but what’s a little more time?”

The deal includes the sale of the Oakland Arena to an unidentified third-party buyer for no less than $100 million, which Bobbitt said was one of the most important aspects of the site’s future redevelopment.

“The arena represents an anchor of the site,” said Babbitt. “This arena … has become a pop culture mecca, and the opportunity to enhance that and expand that is critical to the overall process.”

Speaking at the Board of Supervisors meeting, Miley explained the County’s reasoning behind some of the complex negotiations. He asked interim County Counsel Andrea Weddle:

“In layman’s term’s who’s on the hook for the environmental (cleanup)” under the current deal with the Oakland A’s?

“When the county with a former board entered in the deal with the (A’s), we took on all of the environmental obligations,” Miley said. “Since then, we’ve learned a lot more about the environmental conditions of the Coliseum.”

“If we do a deal with Coliseum Way Partners (the A’s), we remain on the hook,” she said. “If we do a deal as we’ve currently structured with OAC (AASEG), we have eliminated some or hopefully all (or) as much as we can of that liability and aligned our deal with the terms of the city.”

Bobbitt, despite his concerns, supported the nonbinding agreement. He said the public has waited nearly a decade to come to this point.

“The community support has been overwhelming,” he said. “We’ve used a lot of P-words: patience, perseverance, persistence. And we’ve just had to do it, and we understand how complex this has been.”

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Alameda County

Seth Curry Makes Impressive Debut with the Golden State Warriors

Seth looked comfortable in his new uniform, seamlessly fitting into the Warriors’ offensive and defensive system. He finished the night with an impressive 14 points, becoming one of the team’s top scorers for the game. Seth’s points came in a variety of ways – floaters, spot-up three-pointers, mid-range jumpers, and a handful of aggressive drives that kept the Oklahoma City Thunder defense on its heels.

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Seth Curry is a point guard on the GSW team.Photo courtesy of the Golden State Warriors.
Seth Curry is a point guard on the GSW team.Photo courtesy of the Golden State Warriors.

By Y’Anad Burrell

Tuesday night was anything but ordinary for fans in San Francisco as Seth Curry made his highly anticipated debut as a new member of the Golden State Warriors.  Seth didn’t disappoint, delivering a performance that not only showcased his scoring ability but also demonstrated his added value to the team.

At 35, the 12-year NBA veteran on Monday signed a contract to play with the Warriors for the rest of the season.

Seth looked comfortable in his new uniform, seamlessly fitting into the Warriors’ offensive and defensive system. He finished the night with an impressive 14 points, becoming one of the team’s top scorers for the game. Seth’s points came in a variety of ways – floaters, spot-up three-pointers, mid-range jumpers, and a handful of aggressive drives that kept the Oklahoma City Thunder defense on its heels.

One of the most memorable moments of the evening came before Seth even scored his first points. As he checked into the game, the Chase Center erupted into applause, with fans rising to their feet to give the newest Warrior a standing ovation.

The crowd’s reaction was a testament not only to Seth’s reputation as a sharpshooter but also to the excitement he brings to the Warriors. It was clear that fans quickly embraced Seth as one of their own, eager to see what he could bring to the team’s championship aspirations.

Warriors’ superstar Steph Curry – Seth’s brother – did not play due to an injury.  One could only imagine what it would be like if the Curry brothers were on the court together.  Magic in the making.

Seth’s debut proved to be a turning point for the Warriors. Not only did he contribute on the scoreboard, but he also brought a sense of confidence and composure to the floor.

While their loss last night, OKC 124 – GSW 112, Seth’s impact was a game-changer and there’s more yet to come.  Beyond statistics, it was clear that Seth’s presence elevated the team’s performance, giving the Warriors a new force as they look to make a deep playoff run.

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Barbara Lee

WNBA’s Golden State Valkyries Kick Off Season with Community Programs in Oakland

“The Golden State Valkyries are more than a team—they’re a movement,” said Oakland Interim-Mayor Kevin Jenkins. “Their touchdown in Oakland marks a new era of opportunity, inspiration, and equity in sports. This partnership reflects our city’s deep commitment to uplifting women, investing in youth, and building a community where every dream has a place to grow. We’re proud to welcome the Valkyries to The Town.” 

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The Valkyries came to Oakland City Hall with a “Hoopbus.” Present were (from left to right): City Councilmembers Noel Gallo, Rebecca Kaplan, Zac Unger and Rowena Brown; Oakland Mayor-elect Barbara Lee, Valkyries President Jess Smith, a Valkyries team representative and Deputy Mayor LaNiece Jones. Photo courtesy Rebecca Kaplan’s office.
The Valkyries came to Oakland City Hall with a “Hoopbus.” Present were (from left to right): City Councilmembers Noel Gallo, Rebecca Kaplan, Zac Unger and Rowena Brown; Oakland Mayor-elect Barbara Lee, Valkyries President Jess Smith, a Valkyries team representative and Deputy Mayor LaNiece Jones. Photo courtesy Rebecca Kaplan’s office.

Team installs new nets at playgrounds, holds flag-raisings at City Halls in Oakland and S.F.

Special to The Post

The Golden State Valkyries brought the excitement of their inaugural season to every corner of the Bay Area with a full slate of community celebrations leading up to their historic home-opener against the Los Angeles Sparks at the Chase Center in San Francisco on Friday.

The week featured flag-raising ceremonies at city halls in Oakland and San Francisco, three “Violet Net” installation days at Oakland parks to encourage basketball play, fun “Hoopbus” takeovers at multiple schools presented by Kaiser Permanente, and player appearances.

“The Golden State Valkyries are more than a team—they’re a movement,” said Oakland Interim-Mayor Kevin Jenkins. “Their touchdown in Oakland marks a new era of opportunity, inspiration, and equity in sports. This partnership reflects our city’s deep commitment to uplifting women, investing in youth, and building a community where every dream has a place to grow. We’re proud to welcome the Valkyries to The Town.”

In total, 90 violet nets were installed on 45 basketball courts across 34 public parks throughout Oakland this week. A list of the parks receiving violet nets can be found at Valkyries.com.

About the Golden State Valkyries

The Golden State Valkyries, the WNBA affiliate of the seven-time NBA Champion Golden State Warriors, were announced as the 13th WNBA franchise on Oct. 5, 2023. According to Norse mythology, Valkyries are a host of warrior women who are fearless and unwavering – flying through air and sea alike.

This brand is Golden State’s modern interpretation of Valkyries: strong, bold, and fierce. Tipping off during the 2025 WNBA season, the team is headquartered in Oakland and will play home games at Chase Center in San Francisco. For Golden State Valkyries’ assets, including team logos, visit valkyries.com.

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