clock menu more-arrow no yes

Filed under:

Report: Chris Bosh, Miami Heat agree to terms on contract resolution

New, comments

Bosh’s departure opens up possibility of a return elsewhere while the Heat free up cap space.

NBA: Miami Heat at Phoenix Suns Mark J. Rebilas-USA TODAY Sports

The Miami Heat and Chris Bosh have reportedly agreed to terms on a resolution that will remove his contract off their books will freeing him to play elsewhere if he returns to the NBA.

Both the Sun-Sentinel and the Miami Herald had reported earlier this week that the two sides were working on an amicable agreement, and now sources have told ESPN today a deal has been reached, though it has yet to be finalized as “Bosh and his family, agents and lawyers are still reviewing documents.”

Bosh was sidelined with blood clot issues in each of his last three years with the Heat after agreeing to a max contract in 2014 soon after LeBron James left to rejoin the Cleveland Cavaliers. His first two seasons were cut short in mid-February after occurrences with blood clots and he was not cleared by Heat doctors prior to the start of last season after a review of his blood result tests leading up to training camp.

Though Bosh has been adamant he can return to the court while using medication to treat his condition, the Heat franchise decided to not actively work on his return any longer. Sorting out an agreement was in the best interest for the Heat as he still has two years left on his contract and is guaranteed $52 million.

The Heat could have applied to have his contract taken off their books because of his potentially life threatening condition after the one-year anniversary of his last game, but had Bosh returned after medically retiring and he appeared in more than 25 games with another team, his salary cap hit would have gone back to the Heat.

Moving forward, the NBA’s new collective bargaining agreement includes a provision for situations like this in which a panel of doctors will rule on whether or not a player with such a condition can be cleared to play again in the NBA. Bosh can now choose to get medically cleared to join any other NBA team if he decides to resume his career, with the Heat clearing out his contract from their salary cap ahead of the NBA Draft and free agency.

Both sides will move on as Bosh’s remarkable time with the Heat, marked by back-to-back-championships, comes to an official end. An 11-time NBA All-Star, Bosh averaged 19.2 points, 8.5 rebounds and 1.04 blocks in 13 seasons with the Toronto Raptors and the Heat. He ranks among the Heat’s all-time leaders both in the regular season and postseason in several major categories and is the Raptors all-time leader in points, total rebounds, offensive and defensive rebounds, field goals made, free throws made and attempted, double-doubles, blocks, minutes, and games started.

At the time he was sidelined in the 2015-16 season, he was selected as a reserve to the All-Star game and was leading the Heat in scoring average and minutes while starting in all 53 games he appeared in. Despite sitting out the final 29 games of the season, he set a single-season career high in three-point field goals made and attempted.