After 13 seasons and 3 NBA championships with the Miami Heat, Dwyane Wade decided to part ways with the organization. Wade reportedly was asking for a 2 year $50 million contract. The Miami Heat organization rejected Wade’s request and offered him a 2 year roughly $40 million contract. Wade had been extremely instrumental in the success of the Miami Heat organization and was never the highest paid player on his team. The Miami Heat and Dwyane Wade could not reach a contractual agreement consequently, Wade decided to sign with the Chicago Bulls. It would appear that there was an underlying issue in this situation. Wade seemed more concerned about the lack of respect he was not receiving from the Miami Heat, and less concerned with monetary gain.
Dwyane Wade seemed to view his contractual agreement as a symbol of respect. I believe that Wade had earned the right to be the highest paid player on the Miami Heat. Wade had consistently sacrificed his salary for the betterment of the organization. For example, in 2010, he took a significant pay cut in order to bring in LeBron James and Chris Bosh. This pay cut ultimately led to 2 NBA titles for the organization. Because of Wade’s loyalty to the team and his basketball talent, he deserved the same respect he gave to the Miami Heat over the past 13 seasons. There is an old adage that says, “In order to get respect, you must give it.” Wade appeared to have consistently given respect to the Miami Heat organization. Unfortunately the Heat’s leadership team did not reciprocate.
When it comes to leadership, it is important to make everyone in your organization feel valued. When people feel valued, they are more likely to work hard and appreciate the opportunity they are given. As a leader, it is imperative that respect is given especially, to those who make sacrifices to accomplish the vision of the organization. A crucial part of leadership is about honoring those who show loyalty. Dwyane Wade has proven his worth. The Miami Heat leadership team failed to make Wade feel valued. However, the Chicago Bulls succeeded in making him feel valued and respected. Leaders must always remember, two essential ingredients to a successful organization, which are respect and appreciation of its subordinates.