11 time NBA All-Star and Olympic Gold Medalist Chris Bosh was waived from the Miami Heat on Tuesday. Bosh missed the entire 2016-2017 season due to health issues. The split was amicable and the Heat have announced they will retire his No. 1 Jersey.
Should Bosh be declared fit to play he is still eligible to sign with another team and play. He will also still be collecting his remaining 2 years and $52.1 million salary however Miami no longer takes the cap hit for the paychecks.
Miami will look to start spending that money as early as Thursday.