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First victim of NBA amnesty clause? Mike Miller’s house

Nov 10, 2011, 1:12 PM EST

Heat's Miller reacts after sinking a three point basket against the Mavericks during Game 1 of the NBA Finals basketball series in Miami Reuters

There are still questions about what the NBA labor deal will finally look like, but you can be sure that an amnesty clause will be part of it. Teams will get the chance to release one player and wipe his contract off their books (the player will still get paid).

The Miami Heat are likely to send Mike Miller and the remaining four years, $24 million (not to mention two surgically repaired hands) packing.

So Miller has started packing. Nothing is official, not the labor deal or who the Heat might use an amnesty clause on, but Miller is selling his house, reports the Sun Sentinel (via Ball Don’t Lie).

The veteran forward said Wednesday he is just taking stock of the current situation in both his career and the NBA. And that means taking stock of his 9,968-square-foot estate with the $180,000 in annual property taxes.

“It’s a couple of things,” Miller said. “Just preparing myself; never know what can happen.”

Miller’s is exactly the kind of deals owners want to get out of more easily. This was a good deal when it was signed — Miller is the kind of floor-spacing shooter the Heat need but he also can rebound and is a solid all-around player. He should have meshed well with the Heat.

But injuries (one serious to his hand in the preseason) robbed him of that chance and there are real questions about how he bounces back. He was there for most of the playoffs but hit just 29 percent from three and 34 percent overall. It’s not worth the $24 million risk for the Heat.

So if you want a nice home in the Miami area — and have $9 million burning a hole in your pocket — we have a suggestion.

  1. edmazeing1 - Nov 10, 2011 at 1:20 PM

    with that rule Richard Jefferson will be the first player release, when & if the NBA starts back up!!!

    • mikeewright7 - Nov 10, 2011 at 1:29 PM

      lmao THATS SUPER FUNNY AND TRUE! ITS SAD FOR RICHARD JEFFERSON LMAO

  2. bcb1999 - Nov 10, 2011 at 1:29 PM

    It was my understanding that, even though they would be waived from the team, players affected by the amnesty clause would still get their guaranteed (or, at least, most of what they were guaranteed) money. They just wouldn’t count against the team’s cap anymore…? If that is the case, why would Miller be in a hurry to sell his place (aside from the fact that $180,000 in annual taxes is crazy)?

    • therealhtj - Nov 10, 2011 at 1:44 PM

      It’s not about the money, it’s about the near certainty Miller is gone and he’ll have to find a new place to play. Since he’ll be playing for the minimum while Miami pays out the balance of the full MLE he signed, there should be plenty of takers.

      And that’s the sad thing about this whole new CBA. It was always just about the money. If they were serious about putting out a more competitive and entertaining league, as opposed to dragging down the successful teams to the level of the crap ones, they would’ve made this fight about guaranteed contracts instead of BRI and luxury taxes. But hell with it, sign the damn deal already and play ball.

    • mogogo1 - Nov 10, 2011 at 2:22 PM

      That’s also what I have read: Miller would get all his money, but the Heat wouldn’t have to count it towards the cap. The owners would undoubtedly love to have no-guarantee contracts like the NFL, but that would the union would fight to its dying day to keep that from happening.

  3. trueballs - Nov 10, 2011 at 2:52 PM

    I don’t think he’s going anywhere just yet. It’s all about how he recovers. If he can get back up to upper30s or 40% on 3pt FG he’s still exactly what the Heat need. He’s a great rebounder, playmaker, can play the 2 and 3, and most importantly he KNOWS THE SYSTEM. Not saying Battier couldn’t do what he does, but contenders want to hit the ground running. We didn’t get to see the dream Heat line-up basically until the Finals.

    The mixture of an injured Miller and Haslem, a mentally injured LeBron, Wade and Bosh brought them to within two wins of the championship.

  4. mgscott - Nov 10, 2011 at 3:54 PM

    They spend alot of money because the make alot of money

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