- Dwyane Wade honored that Kobe Bryant paid him one-of-a-kind compliment in his book
- Jimmy Butler on why Miami Heat’s defense has been elite: ‘We got rid of Derrick Jones Jr.’
- Report: Kendrick Nunn partners with NBPA to help single fathers in Chicago
- Report: Victor Oladipo to seek specialist’s evaluation regarding timetable for knee injury
- Erik Spoelstra declines to answer whether Victor Oladipo will play for Miami Heat again this season
- Dewayne Dedmon offers fantastic response when asked what he’s willing to do for Miami Heat
- Report: Victor Oladipo increasingly unlikely to receive ‘anything near’ maximum deal this offseason
- Kendrick Nunn shows he’s been fully vaccinated and exclaims COVID-19 ‘can kiss my a–‘
- Gabrielle Union dedicates lengthy, heartfelt tribute to DMX
- Report: Victor Oladipo will not travel with Miami Heat on upcoming road trip
Miami Heat Rumors: Heat Expected to Buy Out Ryan Anderson Before July 10
- Updated: June 6, 2019
The Miami Heat is looking at different ways to provide some payroll flexibility for the 2019-20 season. One of those plans is expected to include buying out veteran Ryan Anderson’s huge contract for next season.
Barry Jackson explored the Heat’s tight financial situation for next year and showed how the buyout can help ease that burden:
“If the Heat buys out Ryan Anderson as expected by a July 10 deadline, Miami’s cap commitments for next season (including its first-round draft pick) would be about $137 million – about $5 million above the tax threshold. That presumes Hassan Whiteside and Goran Dragic opt into their contracts for next season, as expected.
Anderson is scheduled to make $21.26 million this year, the final year of a four-year, $80 million deal he signed with the Houston Rockets in 2016. He was acquired by the Heat in a trade deadline deal from the Phoenix Suns in February, with that deal sending Wayne Ellington and Tyler Johnson to the Suns.
Whiteside and Dragic each have one year left on their contracts, with respective player options of $27.1 and $19.2 million.
The Heat has also been considering making a trade for veteran Cleveland Cavaliers guard J.R. Smith, with either James Johnson or Dion Waiters potentially mentioned in such a deal. However, if it does trade for Smith, it will release him to also help improve the team’s salary cap issues.