Photo Credit: Troy Taormina-USA TODAY Sports

The Heat And Chris Bosh’s Agreement – Removing Him From Roster, Allowing Comeback

According to the Miami Herald, Chris Bosh and the Miami heat have reached an agreement allowing the two parties to part ways.

This agreement allows Chris Bosh to sign with another team, continuing his NBA career.

 

“Chris Bosh has told family members that an agreement has been struck among the NBA, the Heat, the union and himself for Bosh to part ways with the Heat at some point in the coming weeks, with the Heat receiving maximum cap relief, an NBA-employed source said in early May and reiterated Tuesday.”

-Barry Jackson, Miami Herald

 

“My health is great, I’m feeling good, still working out and just really still staying ready.”

The deal isn’t final and details are still worked out, according to Sun Sentinel’s Ira Winderman, who also explains the deal:

“Under the CBA in place until June 30, a return to the league by Bosh could have reinstated his salary-cap hit to the Heat’s ledger over the remaining term of his contract, which expires after the 2018-19 season. However, under the CBA that goes into place July 1, once a medical panel comes to an agreement that it no longer considered safe for Bosh to continue his career, there no longer is the risk of Bosh’s cap charge or luxury-tax hit returning to the Heat’s book.

The approach with Bosh, 33, from the league and union apparently is a one-time allocation, with Bosh in the midst of a preexisting condition amid the transition to the incoming work rules.”

This basically is a win-win situation. Miami wins, because it gives them the financial flexibility to possibly sign Gordon Hayward, or Paul Millsap. Chris Bosh wins because the deal makes it possible for him, to return to the NBA.