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Being a champion is paying up.

Unlike veterans which are just given $5m per year. With him it takes a lot of money because of the ring.
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It sure does. Iguodala's manager/agent knows how to leverage his client's past achievements. He is also well rested now and his championship experience could help his new team come playoff time but I still think the Miami Heat is taking a huge gamble also here IMO. But hey, who knows if they can be able to knock off one of the East's favorites (Celtics, Bucks, 76ers, Toronto).