Chris Bosh, Miami Heat to Reportedly Part Ways Amicably

by May 24, 2017

Chris Bosh and the Heat are set to part ways in amicable fashion, according to reports out of Miami.

Blood clots have derailed the 11-time NBA All-Star’s career.

Bosh, 33, is owed what remains on his $25.3 million salary for 2017-18 and $26.8 million for next season, with insurance covering much of it.

Per the Miami Herald:

The source said in early May that Bosh had reached a unique agreement that would purge him from the Heat’s cap before the start of free agency but also give him the opportunity to play again, if he chose, without salary-cap consequences for the Heat.


Contacted May 5, the league office and the players union denied that such an agreement was in place.


The Heat is optimistic that because of a change in the labor agreement, its parting with Bosh not only would clear his $25.3 million salary off next year’s cap, but would permanently remove his $52.1 million in remaining salary from the cap even if he resumes his career elsewhere. Bosh will receive all $52 million still due, with insurance covering a substantial part of that.


“There isn’t anybody in this organization that feels worse for C.B. than I do,” Heat president Pat Riley said at the end of the season. “It got a little sideways at the end because of feelings and things of that nature. I think in due time it will run its course and take care of itself.”

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