Jul 13, 2013, 1:41 AM EDT
As of right now, the Miami Heat have a payroll just above $87 million — that is $28 million over the salary cap and $15.6 million over the luxury tax line.
Which will mean about $30 million in taxes on top of the existing salary load — a $117 million bill total. Maybe the Nets wouldn’t balk at that number, but basically everyone else would.
The Heat could shave $10 million or more off that bill by using the amnesty provision on a player such as Joel Anthony or Mike Miller, but they don’t plan to do it team president Pat Riles said, reports the Associated Press.
Heat President Pat Riley said Friday that the team does not currently plan to use its one-time amnesty option as a way of lightening its looming tax load, with the team’s focus instead being on simply finding ways to get better.
“Right now, we’re not using amnesty, no,” Riley said….
“We want to win and we want to win again next year and we’re going to try to do everything we can to do that,” Riley said. “What I said at the end of the season is what I meant. I want to try to keep this team intact as long as we can because we have a championship basketball team here and continuity being, I think the most important thing to when it comes to winning championships … I would hate to break it up.”
Pat Riley is smart enough to know that this roster, as constructed, is not going to win three years from now. He knows some big changes are coming.
But you don’t break up a team that is back-to-back NBA champs and has been to two straight finals. Look for the Heat to start making changes a year from now, a discussion that Riley will involve LeBron James in (to help keep him). But for right now he is bringing the band back together.
Sep 1, 2015, 8:00 AM EDT
If I were a betting man, I’d expect there’s a better than 50/50 chance a Zeller deal gets done.
Aug 31, 2015, 11:09 PM EDT
Does Harden even make the all left-handed starting five?
Aug 31, 2015, 8:31 PM EDT
We have some Riley Curry news. You know you want to click now.
Aug 31, 2015, 7:15 PM EDT
Charlie Westbrook reportedly signs with Bucks
Aug 31, 2015, 6:15 PM EDT
The Clippers add more depth. It’s been a good offseason for Doc Rivers.
Aug 31, 2015, 5:35 PM EDT
He is a very good pick-and-roll guard with great court vision.
Aug 31, 2015, 5:02 PM EDT
The Suns have no leverage now even if they wanted to move him, and apparently they don’t.
Aug 31, 2015, 4:25 PM EDT
You don’t even need to pump up his sneakers
Aug 31, 2015, 3:27 PM EDT
Cleveland can watch Pointer develop without having to pay him
Aug 31, 2015, 2:26 PM EDT
Mike Clarkson says son committed to Lakers
Aug 31, 2015, 1:33 PM EDT
Don’t expect him to make the regular-season roster this season
Aug 31, 2015, 12:43 PM EDT
Could Lakers wing play in the 2016 Olympics?
Report: Tristan Thompson won’t accept less than max from Cavaliers, his agent thinks Raptors will offer it next summer
Aug 31, 2015, 11:43 AM EDT
Thompson might leverage the max from Cleveland, but it probably shouldn’t be because of this Toronto threat
Aug 31, 2015, 10:26 AM EDT
By dropping an NBA draft pick, Canadians show how far they’ve come
Aug 31, 2015, 9:30 AM EDT
Utah now has 20 players
Aug 31, 2015, 8:30 AM EDT
This would have been fun to attend.
Aug 31, 2015, 8:00 AM EDT
He’s a long shot to make a roster.
Aug 30, 2015, 10:16 PM EDT
Al-Farouq Aminu is headed back to the Olympics.
Aug 30, 2015, 9:39 PM EDT
There is no signed deal yet.
Aug 30, 2015, 9:02 PM EDT
Shaq said Phil Jackson was fair with them.
- Report: Veteran forward Chuck Hayes agrees to deal with Clippers 4
- Report: Lakers to sign Brazilian, FC Barcelona point guard Marcelo Huertas to one-year deal 8
- Shaq to Kobe on podcast: “I just want people to know that I don’t hate you” 18
- D’Angelo Russell on Tracy McGrady tweet: “Some Lakers fans are spoiled” 27
- Anthony Davis “definitely” plans on shooting more threes this season 4
- Jim Buss defends Byron Scott as Lakers coach, “He has the Laker blood in him” 24
- Jim Buss open to the idea of Kobe Bryant playing beyond this season 32
- Derrick Rose on sexual assault suit: “I am confident I will be proven innocent” 4