Jun 29, 2010, 3:31 PM EST
The dream is alive in Miami. Well, unless you’re James Jones.
In their attempt to strip the team down to the studs and rebuild, the Miami Heat bought out the final two years of Jones’ deal, Ira Winderman reports. They had to pay him $1.86 million, but they are now out of his $4.65 million. Because of the odd way things amortize things against the cap, this adds about $3 million to what the Heat can spend.
Let me be more specific — that is three million more for LeBron James, Dwyane Wade and Chris Bosh to divide up.
Miami is working hard to make that superteam dream a reality, although they need to move Marcus Beasley to really make that happen. And they are trying hard. But if they do they can almost offer three max deals (someone would need to take a little pay cut).
Jones is now and unrestricted free agent. One who will have to wait and see how the market shakes out before he knows if and where he has a job next season.
- Knicks snap nine-game losing streak by crushing depleted Nets 0
- David Stern issues statement on passing of Nelson Mandela, players take to twitter 5
- Kobe Bryant sounds close to return, will not offer specific date 4
- Knicks and Nets might not remain so mockable for long, so enjoy it while you can 13
- Derrick Rose to those doubting his return: “You can be a fool if you want to” 13
- LeBron says Wade is “getting that Kobe deal” in next contract. Should he? (64)
- The Extra Pass: Our awards at the quarter pole, plus Monday recaps (42)
- Michael Beasley finding a role, groove in Miami (41)
- Kobe Bryant dunks, looks good in Lakers practice; Friday return possible (38)
- Dwight Howard frustrated with Rockets’ effort in recent losses (36)