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.”
Mar 11, 2014, 10:03 AM EDT
Yannick Noah would rather do more of the Dikembe Mutombo finger wag
Mar 11, 2014, 9:30 AM EDT
This seems like more than a coincidence.
Mar 11, 2014, 8:44 AM EDT
Griffin should have gone for the full tear, though.
Mar 11, 2014, 8:00 AM EDT
“There’s no better preparation than going straight to the NBA… I think the NBA is the best teacher.”
Mar 11, 2014, 3:20 AM EDT
Blake Griffin is good at basketball. Also: Kyle Korver can still shoot.
Mar 11, 2014, 3:05 AM EDT
Los Angeles learned an important less on Monday — don’t let up against the Suns.
Mar 11, 2014, 1:18 AM EDT
“We got tangled up and went down and, you know,” Griffin said with a grin after the game.”Took a little forearm. But you know, it happens.”
Mar 11, 2014, 12:14 AM EDT
This was not the one shot Griffin missed on Monday.
Mar 10, 2014, 11:05 PM EDT
Guard has been out since Jan. 10 surgery to repair a torn meniscus in his right knee.
Mar 10, 2014, 10:03 PM EDT
Serious charge of fun challenge?
Mar 10, 2014, 8:44 PM EDT
Run, Phil, run
Mar 10, 2014, 8:04 PM EDT
All the audio and video you need to enrich your NBA feud of the day.
Mar 10, 2014, 7:07 PM EDT
Does he mean Carmelo Anthony, Andrea Bargnani or J.R. Smith?
Mar 10, 2014, 6:11 PM EDT
Phil Jackson seems destined for New York. I argue that’s a good thing… but only if Jackson has a Jedi mind trick that can keep James Dolan at bay.
Mar 10, 2014, 5:21 PM EDT
Kansas’ Joel Embiid — potentially the top pick in the upcoming NBA Draft — has sought out a second opinion on his back injury. Just a reminder of why he should jump to the NBA rather than stay another year in college.
Mar 10, 2014, 4:05 PM EDT
As if his season hasn’t been a big enough disappointment, Cleveland’s No. 1 overall pick Anthony Bennett will miss at least 10 games with a knee strain.
Mar 10, 2014, 3:48 PM EDT
Nobody thinks Mike D’Antoni is the long term answer for the Lakers, but what is the point of switching out coaches this late in a lost season?
Mar 10, 2014, 3:07 PM EDT
All the buzz has Phil Jackson taking a front office job with the Knicks (he’s just deliberate in making decisions like this)… but nobody asked Carmelo what he thought? Really?
Mar 10, 2014, 2:41 PM EDT
And the first Eastern Conference team comes in at …
Mar 10, 2014, 1:49 PM EDT
Bulls fans have taken to chanting “M-V-P” when Joakim Noah heads to the free throw line — and he does not like it one bit.
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