Watch CBS News

Sheridan: Dwyane Wade 'Definitely' Staying in Miami

Interviews-wqam

Dwyane Wade isn't going anywhere, says Chris Sheridan of Sheridan Hoops.

"They definitely end up settling this and definitely Dwyane stays in Miami," Sheridan said on the Big O Show on Tuesday. "You can take that to the bank.

"You can afford to pay Dwyane Wade $20 million when he's 36 years old if it's only eating up 15-18 percent of your payroll. If it's eating up 40 percent or 30 percent of your payroll, which is recent history and the present, then it's going to make you stop and think. But, with so much money coming into the system and the cap taking such a monumental leap, Dwyane wants to get paid and the Heat will have the money to pay him."

The salary cap is going to rise drastically in the coming years because of the NBA's new TV deal. It's expected to inflate from $67 million this season to $89 million in 2016-17 and then blow through the nine-digit mark at $108 million in 2017-18.

"There's no way they're going to let Dwyane Wade walk in a fight over money," Sheridan said. "Dwyane Wade will play for the Miami Heat for the rest of his career."

Although many local Heat writers think Wade leaving is feasible at this point, Sheridan, who was the first to report LeBron James would sign with the Cavaliers last summer, is convinced otherwise.

Follow WQAM on Twitter | Facebook

Keep your ears locked on WQAM, Miami's home for sports, for a chance to win tickets to WQAM's Whiskey, Stars, and Cigars. Click here for more info.

View CBS News In
CBS News App Open
Chrome Safari Continue
Be the first to know
Get browser notifications for breaking news, live events, and exclusive reporting.