With the addition of former All-Star Joe Johnson over the weekend, the Miami Heat once again went back over the luxury tax threshold. As reported earlier on Hot Hot Hoops however, a deal that had been in the works to buy out the contract of injured point guard Beno Udrih has been completed that will allow them to once again trim payroll to avoid paying the luxury tax.
Miami has now officially announced the waiving of Udrih via a press release and he will now be on the waiver wire for the next 48 hours. A team such as the Philadelphia 76ers that needs to add salary to their roster to meet the league's $63 million minimum salary floor could put in a claim for him in order to ultimately save money (similar to what the Portland Trail Blazers did at the trade deadline when they acquired Brian Roberts from the Heat). Should no team claim Udrih, he will be bought out from his contract to assist the Heat regardless, according to several reports.
For reasons currently unknown, Udrih accepted the terms of the buyout despite no apparent benefit to him as he is unable to play for another team this season. Whether he is claimed off waivers or ultimately bought out, he is free to sign a new contract with Miami over the summer to continue being Goran Dragic's backup.
Miami will have two open roster spots, though their flexibility to sign players is dependent on whether Udrih is claimed off waivers or is bought out by the Heat.
Udrih appeared in 36 games (five starts) with the Heat this season and averaged 4.4 points, 2.5 assists, 1.8 rebounds and 16.3 minutes.