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Heat Go Luke Warm During Summer Free Agency

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Heat Go Luke Warm During Summer Free Agency

MIAMI (CBS4) ― Already over the National Basketball Association's projected luxury tax, the Miami Heat have adopted a 'wait and see' approach to upgrade their roster this summer.

According to CBS4 news partners The Miami Herald, Team President Pat Riley has reportedly said he didn't want to do anything to jeopardize the $40 million they would have next year to resign star guard Dwyane Wade and another free agent. Any major moves made this season would have to be accompanied by a commitment from Wade to sign an extension.  Wade becomes eligible for a contract extension on July 12. But he has suggested he would bypass that option to become an unrestricted free agent next summer.

Speaking on sports radio 790 The Ticket on Monday, Wade expressed concern over the Heat's lack of activity during the summer free agency but also expressed confidence in Riley. In the last two weeks, Cleveland, Boston, Atlanta and Orlando all made trades or received commitments from key free agents. Wade said although he felt a little as if Miami was being left behind, he's learned never to count Riley out and planned to be patient and let him do his job.  He also countered that Riley should not use his contract situation as a reason to delay roster upgrades.

Last season, the Heat finished 43-39 but lost in the first round of the playoffs to Atlanta.

(© MMIX CBS Television Stations. All Rights Reserved. This material may not be published, broadcast, rewritten, or redistributed. CBS4 news partner The Miami Herald contributed material for this report)

Sizzling Summer 2009