Livingston was informed of his release after Monday night's 91-84 loss to the San Antonio Spurs at AmericanAirlines Arena, with the team expected to make a formal announcement later this morning.
The contract Livingston signed with the Heat guaranteed only $370,000 for this season, a figure that keeps the team below the punitive dollar-for-dollar luxury tax on excessive payrolls.
Full article: http://www.sun-sentinel.com/sports/s...,6224851.story
I wonder who they will sign with the vacated roster spot? Does this mean Riley has a 2 for 1 trade in the works? Feel free to discuss...