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Miami clears out Beasley for cap room, spends some of it on Mike Miller

Jul 9, 2010, 2:45 AM EDT

Thumbnail image for mmiller.jpgPat Riley’s work was not done when LeBron James said “Miami” Thursday night.

He made two more moves — one to free up cap space by trading away Michael Beasley to the Minnesota Timberwolves. The other was to sign Mike Miller, but doing that will necessitate the big three give back about $1 million a year each in their contracts.

The Beasley trade had to be first. The No. 2 overall pick from a couple years ago had never really developed in Miami and Riley had been trying for weeks to move Beasley and his $5 million salary for next year. Including being close to a four-team trade today to make it happen.

Then David Kahn stepped forward, according to ESPN. Minnesota was under the salary cap so they could just take on Beasley and sent back only a second round pick.

But why Minnesota wanted another power forward is a mystery. They already have Al Jefferson and Kevin Love at that spot. Oh, and they have Darko Milicic (who they just re-signed), plus Ryan Hollins and Sasha Pavlovic. Kahn has to make another trade, or the guys all have to play “rock, paper, scissors for playing time.

Back to Miami — with the cap space, the rumored deal of Mike Miller to the Heat was agreed to by all parties, according to Marc Stein at ESPN.

Salaries still need to be worked out, but the money will be about $5 million a year for five years.

What makes that interesting is that for Miller to come in then LeBron James, Chris Bosh and Dayane Wade will each have to take a pay cut, down to about $15.5 million a year — about a $1 million a year drop. All three players talked about winning being their main motivation. It seems to be true.

On the court, Miller is the kind of shooter that the Heat need to spread the floor for the slashing Wade and LeBron, plus the inside game of Bosh.

  1. The Inevitable Muck-up - Jul 9, 2010 at 3:35 AM

    Pavlovic is gone. Nikola Pekovic is other big they signed.

  2. What's to lose? - Jul 9, 2010 at 8:31 AM

    It costs the the Wolves basically nothing for a guy who has a ton of potential. Will he ever reach that potential? Who knows, but isn’t it worth a shot for a bad team to take? It also sounds like they are trying to move Jefferson, so that would help the logjam at the big spots. I think making fun of Kahn has become such a sport for the media, he is going to get ripped even for decent moves. He has made some dumb moves in his short tenure, but this isn’t one of them.

  3. hnirobert - Jul 9, 2010 at 8:35 AM

    great move for both teams. beasley needs a smaller market where he’s not going to be examined under a microscope. i hope for him he turns around.
    now for my heat, great move. dwyane didn’t like beasley and the drama didn’t need to be in the locker room anymore and now miami has their shooter. pick up raja bell who has been saying he wants to play for miami and you have another shooter and pretty good defender.
    wow, pat riley is… FILLING UP THE ROSTER, surprise surprise.

  4. Pat - Jul 9, 2010 at 9:23 AM

    Wolves get Beasley for almost nothing and still get ripped. #Lazywriting.

  5. Attaturk - Jul 9, 2010 at 10:11 AM

    But why Minnesota wanted another power forward is a mystery. They already have Al Jefferson and Kevin Love at that spot. Oh, and they have Darko Milicic (who they just re-signed), plus Ryan Hollins and Sasha Pavlovic. Kahn has to make another trade, or the guys all have to play “rock, paper, scissors for playing time.

    KAAAAAAAAAAAAAHHHHHHHHHHHNNNNNNNNNN!!!!!!!!!!!

  6. Drew - Jul 9, 2010 at 11:08 AM

    Mario Chalmers, Dwayne Wade, Lebron James, Chris Bosh, Mike Miller. If you fill in a serviceable centre and 3 or 4 role players and this might be the best lineup of all-time.

  7. chris - Jul 9, 2010 at 12:10 PM

    best lineup of all time?
    lol! um… how about magic, kareem, and worthy (15 championship rings). that slaughters wade,lebron,bosh… who have 1 ring between them.

  8. D - Jul 9, 2010 at 1:02 PM

    He said might. You don’t even know who those role players are. Plus, these three COULD be better than magic & co when it’s all said and done.

  9. will - Jul 9, 2010 at 1:33 PM

    Best of all time? I don’t think so. Jordan, Pippin and Rodman’s Bull’s team that went 72-10 might have something to say about that. Let’s take it easy on the lebron hype hoopla
    Read this…
    http://www.chicagonow.com/blogs/daily-chicago-sports-tab/2010/07/lebron-to-miami-over-rated-heat-not-elite.html

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