Miami has some looming tax issues.
Next year they have nearly $80 million on the books, and that’s without going after Ray Allen or any other free agent with their taxpayer’s mid-level exception ($3 million). Or rounding out the roster. LeBron James, Dwyane Wade and Chris Bosh alone will account for about $52 million in salary next year and the salary cap is at $58 million (the tax line is $70). As the stiffer penalties and repeater tax kick in in the next few years, the tax burden will get brutal.
But don’t expect the Heat to amnesty Mike Miller. Or anyone else. Here is what team president Pat Riley told Ira Winderman of the Sun Sentinel on twitter.
Pat Riley said the Heat apparently will bypass amnesty this summer, “We’re not looking at amenstying anybody.”
The Heat could change their minds, the amnesty window starts July 11. I don’t expect Miller to change his mind (not with $18.6 million still on the table). But they may be a team willing to pay a price for a few years to chase a few more rings.
Winning one will do that to you.