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Posted on 6/15/14 at 2:20 pm to
Posted by RTR America
Memphis, TN
Member since Aug 2012
39600 posts
Posted on 6/15/14 at 2:20 pm to
quote:

People calling this a failure needs to take a look at the Nets and Knicks who had higher payrolls than the Heat.


Neither one of these teams is about to be hit with the repeater tax, so they can afford to overspend right now.

quote:

The Miami Heat waived veteran guard Mike Miller via the amnesty provision ahead of Tuesday's deadline.

Miller's agents already have begun reaching out to other teams who may have interest in Miller, according to sources. More on ESPN.com It was only a matter of time before the Heat waived Mike Miller, who was a luxury the team no longer could afford, writes Michael Wallace.

The move will save the Heat nearly $17 million in luxury taxes this season and reduce their expected tax bill, projected to be $33 million, by half. The Heat still owe Miller $12.8 million over the next two seasons as part of a contract he signed in 2010.


Plus the Nets lost Lopez for the entire season.
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