MIAMI -

According to an ESPN report, Chris Bosh and Dwyane Wade are willing to take pay cuts.

If the Heat are going to be able to keep LeBron James at max salary, and retain the Big 3, both Bosh and Wade would need to take less money.

The report indicates that the Heat are telling free agents they expect to have as much as $12 million in salary-cap space after signing the Big 3.

The Portland Oregonian is reporting that Bosh plans to accept a 5-year contract starting at $11 million, and Wade would accept a 4-year deal starting at $12 million.