The Heat won’t waive Chris Bosh yet, because if he plays 25 games (regular-season or playoff) with another team this season, he’d count against Miami’s cap this summer. The only path to the extra cap space is ensuring Bosh misses the postseason.
With players waived after today ineligible for the playoffs and every team having 24 or fewer regular-season games remaining, the time to formally waive Bosh is approaching.
Bosh will still get the $75,868,170 remaining over the final years of his contract from Miami. The key for the Heat is getting a doctor, selected jointly by the NBA and players union, to rule that Bosh -- who has had multiple blood-clot episodes -- continuing to play would present a “medically unacceptable risk of suffering a life-threatening or permanently disabling injury or illness.” Then, Bosh’s salary won’t count against the cap (at least unless he plays 25 games elsewhere).
Ira Winderman of the South Florida SunSentinel:
For Bosh to get the remaining money he’s owed, he’ll have to cooperate with the medical testing.
This is a huge opportunity for him, anyway. The doctor ruling it’s safe for him to play is his most direct path onto the court.
But I also understand Bosh’s bitterness toward the Heat. He wants to play, and they won’t let him. He doesn’t have to be amicable.
Still, he’ll cooperate enough. There’s too much money on the line.