User ID
Password
  Forgot User ID
or Register Today!
VegasInsider.com
Follow Us on Facebook Follow Us on Twitter Follow Us on Google+ VI Mobile Scores and Betting Odds
Home
NFL
NBA
NHL
MLB
NCAA FB
NCAA BK
Horses
Boxing/MMA
Soccer
Auto
More
Betting Tools

 
Heat designate Miller as amnesty player

New Sportsbook.ag customers: Make your 1st bet, get your 2nd bet free, 100%, winnings paid in cash.
Join Now

Already have an account? Click here to view new Exclusive Rewards!

MIAMI (AP) - Mike Miller was a luxury that the Miami Heat decided they could no longer afford.

Advertisement
Miller was designated Tuesday as the team's amnesty player, a move that may save the Heat more than $30 million in luxury tax payments over the next two years and comes only a few days after team president Pat Riley said the two-time defending NBA champions were hoping to keep the core of the roster largely intact for next season.

But with the team's tax bill set to be bigger than ever - depending on what the final payroll numbers are, the Heat could pay as much as $2.50 per $1 they are over the salary-cap threshold for this coming season under the league's new and more punitive rules - the team ultimately made the call to part with Miller, a move that he suspected was coming.

``I understand the business side of basketball,'' Miller told The Associated Press. ``It's a combination of being very, very thankful for the opportunity that I've had, but it hurts that we had a chance to do something very, very special and I'd love to have been a part of it.''

Riley said the team tried to trade Miller, then had to make ``a very difficult decision'' to use the one-time amnesty provision on him. He said the team's managing general partner Micky Arison, CEO Nick Arison and coach Erik Spoelstra all struggled with the decision.

``Mike had an incredible impact on the Miami Heat; helping us to three finals appearances and winning back-to-back World Championships,'' Riley wrote in a statement released by the team. ``This was a very difficult decision for me personally, the Arison family, Erik and the entire Miami Heat organization. Mike was one of the best we have ever had here, and will be sorely missed. We wish Mike, his wife Jennifer and their family nothing but the best.''

Miller would have made $6.2 million this season, and $6.6 million next season. He still gets that money, but his salary will not count against Miami's cap, nor will it count against a luxury-tax hit that was in line to exceed $30 million this coming season alone.

``I love Mike. We all love Mike,'' Heat guard Dwyane Wade told AP as the news of the team's decision broke. ``It's tough to lose one of our brothers. But I think we all understand it's not personal. It's a business decision.''

If Miller is not claimed off waivers, he becomes a free agent later this week. It's believed he would like to play for a title contender, and a return to Memphis - where he spent parts of six seasons - would likely appeal to Miller.

``I know I can be very, very productive for a couple years for sure,'' Miller said. ``But at the same time, it would be very difficult to go into a situation where you're not competing for a title. So I'm going to have to weigh those things, and we'll see how it plays out.''

Miller spent three seasons in Miami, helping the Heat win two titles and playing big roles in each playoff run. He started the last four games of this year's NBA Finals, the highlight of that run possibly being how he lost a shoe during play early in the fourth quarter of Game 6 against San Antonio, flipped it over to the bench, came downcourt and swished a 3-pointer anyway to help the Heat rally from 10 points down in the final 12 minutes.

He also came off the bench to make seven 3-pointers in the title-clinching Game 5 win over Oklahoma City in 2012.

``I've had a pretty good career and I've been a part of a lot of special things,'' said Miller, the NBA's rookie of the year in 2000-01 and sixth man of the year in 2005-06. ``I've won some individual awards and now two rings, so I'm going to have some pretty good memories.''

Miller plans to keep playing for at least a couple more years, saying that he feels better now than he has in several seasons. He expressed disappointment that not only will he not get to help the Heat try for a third straight title, he will no longer be playing alongside Udonis Haslem, his former college teammate at Florida.

Reuniting with Haslem was one of the many reasons why Miller signed with Miami.

``I said this when I first got back here: My career started in the state of Florida with unbelievable teammates, one of them being Udonis,'' Miller said. ``And then ending back up in Florida with UD, that was a special thing. We had a chance to win a national championship, came up short, then at the end got back as teammates in the NBA and won two championships together. That's special.''

AP NEWS
The Associated Press News Service

Copyright 2015
The Associated Press
All Rights Reserved

  
HEADLINES
News: Second Round Predictions
News: 2nd Round Series Odds
News: Playoffs - Betting Results
Warriors crush Grizzlies in opener
Wizards rally past Hawks, 104-98
Warriors' Curry to be named NBA MVP
CP3 questionable for Game 1 vs. Rockets
Cavs ready to take on raging Bulls
Grizzlies' Conley out for Game 1
MORE HEADLINES
 
Why Buy Picks From VegasInsider.com
NBA Pro Basketball Handicapper Sports Picks Records
NBA Hot Streaks
18-8 L26, 61% +5,414 This Year
13-3 L16, 68% +2,618 This Season
6-0 L5 Days, +2,271 This Year
5-2 Run, 10-5 L15 G-Plays, +2,210
10-3, +797 Last 8 Days
14-5 L19 G-Plays, 26-10 L36 Picks
12-3 L15 G-Plays, +2,030 This Year
17-9 Last 26 Guarantees
8-3, +622 Last 11 G-Plays
7-3 Last 10 NBA Guarantees
9-2 L11 Playoff Guarantees
6-1 L7, 12-5 L17 Guarantees
8-4 L12 Guaranteed Plays
5-0 L4 Days, +1,530 This Year
10-3 Record L13 G-Plays
4-2 L6 Picks, 9-1 Guarantee Run
NBA Pro Basketball Expert Sports Picks- Chicago Bulls at Cleveland Cavaliers
2014 NBA SEASON PICK RECORDS
Money Leaders
Handicapper Money
Stephen Nover + 5414
Dave Cokin + 2618
Mark Franco + 2271
Last 7 Day Leaders
Handicapper Money
Chip Chirimbes + 600
Antony Dinero + 576
Brian Edwards + 490
Percentage Leaders
Handicapper Pct
Dave Cokin 68 %
Stephen Nover 61 %
Kyle Hunter 58 %
Guaranteed Leaders
Handicapper Money
Kevin Rogers + 2212
Dave Cokin + 2156
Stephen Nover + 2155
Over-Under Leaders
Handicapper Money
Stephen Nover + 1668
Tony Stoffo + 1289
Jimmy Boyd + 1061
Member Leaders
Handicapper Money
Stephen Nover + 1975
Michael Black + 948
Marc Lawrence + 893
MORE PICK RECORDS
  
corner graphic
With a VI Gold Membership, you can SAVE 10% off a Live Odds subscription, SAVE 20% off Daily Pick packages, and receive access to up to 1,000 Member Plays each month!
VI Daily Fantasy Sager Bomb