Not long ago, I wrote about how opt-out clauses are kind of killing professional sport, and a whole bunch or rambling about how at the root of all opt-out clauses, is more greed. In every instance I mentioned, the people who opted out of millions of dollars ultimately signed contracts worth even more money, displaying what I feel are truly disgusting rich-getting-richer scenarios.
Ultimately, what I failed to say when I wrote that, was that I would love to see an instance where a guy opts out of his contract, only for it to backfire and blow up in his face, and they’re unable to better the numbers in which they opted out of. Because that would be just dessert for someone getting greedy, and being rudely awakened when the number crunchers and bean counters of sports franchises realize the favor they’ve been granted, and the money they don’t have to spend to acquire their talents.
Fortunately, I didn’t have to wait that long after making my post for it to actually come to fruition.
Dwyane “Don’t spell it ‘Dwayne’” Wade somehow got the idea in his brain that he could better the $40 million dollars he was owed over the next two years, if he opted out and tested the free agent waters.
Now, Wade was one of the best players in the NBA as recently as just 6-8 years ago, and at 32 years old, he would still be considered to be in his peak, so there’s a shred of justification to why he’d want to get the maximum length and subsequent salaried contract he could possibly get.
The problem was, context. Over the span of the last four years, Wade had completely and voluntarily stepped into the passenger’s seat, and relinquished complete control of the Miami Heat and all the star power he earned himself by bringing them their first championship, to the incoming LeBron James. Ultimately, as far as team achievements went, it worked, as the Heat won a bunch of championships with LeBron James driving the team, but the bottom line was that Dwyane Wade completely gave up the mantle of Batman to LeBron, and totally voluntarily became Robin.
Who the fuck ever wants to be Robin?
Much less in the ever-ego-driven, look-at-me-and-give-me-lots-of-money NBA?
The sports purist me can completely admire and respect players that do whatever it takes to win championships, like stepping aside and letting a new Batman take the reins, even if it means becoming Robin. But the intellectual part of me that knows that it’s still a business, and that earning power is derived from star power in the NBA, and when the day is over, Robin will never make Batman money, especially when Batman is still large and in charge.
Needless to say, Dwyane Wade or his agent or financial people didn’t seem to consider the fact that he is seen by the rest of the NBA as a Robin. And that him opting out of his Batman-money contract was pretty much the dumbest thing in the world to do.
Long story short, Dwyane Wade opted out of the remaining two years and $40M Batman money contract, and re-signed with the Miami Heat; for two years, and $31M Robin dollars.
Dwyane Wade literally lost $9 million dollars on a completely unnecessarily gamble.
From henceforth, I will only refer to him as a mockery of one his nicknames, D-Wade: D-Fail.
When the day is over, a multi-millionaire like D-Fail might not lose any sleep over the fact that he just lost $9 million dollars, but to us plebeians, $9 million dollars is a whole lot of money. So, for the sake of mocking D-Fail, let’s take a look at all the things D-Fail won’t be able to get, because of his greedy assumption that he was worth more than he actually was.