Earlier this afternoon ESPN.com reported that a "four-team scenario" involving the Heat, Raptors, Bobcats and Rockets was in the works that would enable Miami to clear Michael Beasley's contract off their books to make room possibly for LeBron James in addition to Dwyane Wade and Chris Bosh.
The basics of the trade are as follows:
-Charlotte would receive Beasley and Rockets forward Jared Jeffries
-Houston would land Bobcats' center Tyson Chandler
-Miami would create sufficient cap space to offer max-deals to Wade, Bosh and James.
For Toronto, allowing Bosh to sign his six-year max deal under this scenario would also allow the Raptors to grab a lucrative trade exception and probably a first-round pick or two in the process, and therefore not simply lose Bosh without any compensation.
It would also allow something that this team sorely needs, a way to add substantial talent considering Bryan Colangelo this afternoon at Amir Johnson's press conference made it clear that he doesn't wish to dynamite things and start from scratch.
I've held off posting this for a few hours, hoping there would be some updates forthcoming as to logistics but no go at this time. However we'll continue to monitor this situation this evening as post-LeBron's announcement, it's quite possible that a number of dominos will start to fall.