Mike Miller Waived By Miami
Posted by Luis Cuevas on Jul 17, 2013 - 3:14:34 PM
MIAMI—The Miami Heat waived veteran guard Mike Miller via the amnesty provision ahead of Tuesday’s deadline. Miller’s agents had begun looking for a new place for Miller, as they saw it coming.
The move will save the Heat nearly $17 million in luxury taxes this season and reduce their expected tax bill, which is projected to be at $33 million. The Heat still owes Miller $12.3 million over the next two seasons due to the contract he signed in 2010.
The decision reveals a split in the Heat front office. Team president Pat Riley said several times before the end of last season that he didn’t plan to use the amnesty clause on Miller, because he wanted to keep the team intact to continue winning championships.
Miller has been a playoff hero for the Heat during their last two championship runs. He has battled numerous injuries including four surgeries after signing with the Heat to repair his thumbs, shoulder and a sports hernia. Last season was his healthiest with
Miami, as he played in 59 games and he shot 61 percent from the three-point line for the playoffs.
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