James with wade in one of 2014-15 game |
With the Bulls and Cavaliers set to play a preseason game Friday, James confirmed that he hoped Wade would have ended up in Cleveland with him.
"We couldn't afford him," James said. "It's that simple."
Wade signed a two-year deal with Chicago in the offseason worth about $47 million. The Cavs, well above the salary cap with a star-studded core of James, Kyrie Irving, Kevin Love and Tristan Thompson all signed to long-term deals, could have offered Wade only the taxpayer midlevel exception, worth about $3.5 million.
Cleveland ended up using the MLE to retain Richard Jefferson.
"Who wouldn't be interested in a Hall of Famer?" Cavs coach Tyronn Lue said, referring to Wade's likely spot in the Hall. "That don't even make sense. Yeah, we wanted him."
James, who has maintained his friendship with Wade since leaving Miami, unsurprisingly backed Wade's decision to join the Bulls after playing the first 13 years of his career with the Heat.
"I support my guys -- you guys know that," James said. "That was a decision that he wanted to make, and I support him."
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