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Old 07-17-2013, 05:23 AM   #1
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Join Date: Jun 2006
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Default Heat waive Mike Miller

The two-time defending NBA champions are using the collective bargaining agreementís one-time amnesty clause to waive Miller and cut his contract from its books, the Miami Herald learned Tuesday morning. The move allows the Heat to avoid about $17 million in luxury tax.

The Heat informed Millerís agent Monday night that the team would be using amnesty, according to a source. Itís hard to believe that a championship team would release a player who shot 61.1 percent from three-point range in the 2013 NBA Finals, but thatís the reality of the NBA under the new collective-bargaining agreement, which seemingly was designed to prevent dynasties and financially level the leagueís playing field.

Miami Herald
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