Jul 16, 2013, 4:01 PM EDT
The reality of the new collective bargaining agreement is that with the far more strict financial penalties in place for teams in luxury tax territory, most are going to try to cut costs whenever possible.
And that includes the back-to-back champion Miami Heat.
Mike Miller has been waived via the amnesty provision, the team announced on Tuesday. The move will cut the Heat’s luxury tax bill by $17 million for next season.
As a reminder, players are still paid out the remainder of the money remaining on their contract once they’re amnestied. Those dollars owed come off the team’s salary cap and are removed from luxury tax calculations, but the checks to the player are cut nonetheless. In this case, Miller will still be paid a total of $12.8 million, the total of what his deal would have been for the next two seasons.
The move comes as a mild surprise, only because Heat executive Pat Riley was on record recently saying that there were no plans for the team to use the amnesty provision on any of its players, and that unless there was a mandate from ownership, it wasn’t something that he would consider.
Miller started the last four games of the NBA Finals for the Heat, and played an important role in his team’s late comeback in Game 6 — Miller tracked down the offensive rebound on the play that led to a LeBron James three that kept Miami’s hopes alive.
Miller has value and can still play, but injuries have limited him severely in recent years. He appeared in just 59, 39, and 41 regular season games for the Heat in each of the last three seasons.
John Schuhmann of NBA.com notes that this will have little overall impact on the Heat’s rotation next season, when Miami will return 94.9 percent of last season’s minutes — 10 percent more than any other team.
Miami may look to fill Miller’s now-vacant roster spot a number of ways. It could make a Greg Oden signing easier, or they could use part of their tax-payer’s mid-level to chase someone such as Lamar Odom. There also is rookie James Ennis of Long Beach State, whom they picked up with a late second round pick in this year’s draft following a trade with the Hawks. It would be a minimum, non-guaranteed deal, providing very little overall risk — financial, or otherwise.
“I understand the business side of basketball,” Miller told Tim Reynolds of The Associated Press. “It’s a combination of being very, very thankful for the opportunity that I’ve had, but it hurts that we had a chance to do something very, very special and I’d love to have been a part of it.”
May 26, 2015, 9:42 AM EDT
Not the most reliable report. Not the least reliable report.
May 26, 2015, 9:07 AM EDT
Referee falls during Rockets-Warriors
May 26, 2015, 8:30 AM EDT
That’s three out of four games this series Harden has been fantastic.
May 26, 2015, 8:00 AM EDT
Based on that Al Horford precedent, Dwight Howard should have gotten a Flagrant 2 and ejected.
May 26, 2015, 2:29 AM EDT
In the four Rockets’ elimination games this season, Smith has 63 points on 22-of-34 shooting (64.7 percent).
May 25, 2015, 11:59 PM EDT
MVP runner-up shines while MVP misses substantial portion of Houston’s Game 4 win
May 25, 2015, 10:45 PM EDT
He was not ejected.
May 25, 2015, 10:30 PM EDT
It’s a sign Thomas may be around for a little bit.
May 25, 2015, 10:21 PM EDT
It didn’t count.
May 25, 2015, 9:59 PM EDT
Scary moment in Houston.
May 25, 2015, 9:00 PM EDT
What do they know?
May 25, 2015, 7:30 PM EDT
The league had been exploring moving Game 1 up to June 2.
May 25, 2015, 6:00 PM EDT
Horford was ejected from Game 3.
May 25, 2015, 4:30 PM EDT
Cavaliers star says he will research case further before saying more
May 25, 2015, 2:59 PM EDT
Doc Rivers decided to offer his mid-level exception money last summer to Spencer Hawes instead of Pierce. He’d like that one over.
May 25, 2015, 2:00 PM EDT
Expect a resilient Rockets team on Monday night.
May 25, 2015, 12:30 PM EDT
Cavaliers center shakes it off
May 25, 2015, 11:00 AM EDT
It probably won’t happen, but…
May 25, 2015, 9:30 AM EDT
Cavaliers guard disagrees
May 25, 2015, 8:00 AM EDT
LeBron finished with 37 points, 18 rebounds and 13 assists .
- Elimination game Josh Smith is a thing, Rockets live to play another day 5
- Rockets show it’s better to have James Harden than to not have Stephen Curry 5
- Stephen Curry leaves game after taking a hard fall, cleared to return (VIDEO) 7
- Rumor: Paul Pierce might opt out of contract with Wizards, join Clippers 18
- Golden State Warriors vs. Houston Rockets Game 4: Three things to watch from Houston 9
- LeBron James posts triple-double, Al Horford ejected as Cavaliers take 3-0 series lead with OT Game 3 win over Hawks 30
- Kyrie Irving out for Game 3 for Cavaliers with knee tendonitis 3
- Lil B says James Harden is officially under the Based God’s curse 31