Chris Bosh, HEAT, Moving Toward Contract Resolution

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The Miami Heat and Chris Bosh are moving close to resolution that will allow the team to shed Bosh’s salary from its salary cap without concern of that figure returning to its cap, parties familiar with the proceedings confirmed to the Sun Sentinel.

Bosh was sidelined this past season when he failed a preseason physical, after missing the second half of the previous two seasons due to blood clots. The Heat, NBA and National Basketball Players Association have been working toward a resolution that bridges the collective-bargaining agreement that expires June 30 and the one that goes into place on July 1.

Under the CBA in place until June 30, if Bosh returns to the league his salary-cap hit could be reinstated 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, if a medical panel comes to an agreement that it is no longer considered safe for Bosh to continue his career, that would end the risk of Bosh’s cap charge or luxury-tax hit returning to the Heat’s book.

Source: Ira Winderman of the Sun Sentinel

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