Report: Miami Heat may not waive Chris Bosh until after March
The situation between Chris Bosh and the Miami Heat continues to be a messy one.
The Heat signed Bosh to a four-year, $88 million max deal in 2014. After he signed, Bosh ended up having blood clots that limited him for two seasons in a row. Now the Heat have said they will not clear him medically and his career with them is over, but Bosh wants to continue playing in the NBA. And that puts the sides in a tricky situation.
ESPN’s Zach Lowe says all the talk is that the Heat will wait until after March before releasing him.
The benefit to doing this is twofold. One benefit is that Bosh will be ineligible for the postseason for another team. The second is that as long as Bosh does not play 25 games this season for another NBA team (should he sign with one), Bosh’s salary would not count against the Heat’s salary cap next season. Not having Bosh on the cap for next season would free up around $25 million for the Heat.
Bosh is signed through 2018-2019 and will still be paid that money regardless of whether it counts against Miami’s cap.