The Cleveland Cavaliers are strongly considering making an amnesty waiver bid to claim former Miami Heat forward Mike Miller, league sources told Yahoo! Sports. Miami used the amnesty provision to free itself of the $12.8 million left on Miller's contract over the next two seasons. The decision will save the Heat significant money in luxury-tax payments, but the organization is still responsible for paying the balance of Miller's contract. Cleveland has made several free-agency signings, including center Andrew Bynum, guard Jarrett Jack and forward Earl Clark, with a focus on returning to the playoffs next season. Miller is close friends with LeBron James, and the Cavaliers are planning to make a run to re-sign him in 2014 free agency. Any team with salary-cap space can place a blind bid to claim the player, with the highest bid securing him. Teams can claim the player's full salary but must have available cap room or they can place a partial bid with their available cap space. For example, if Cleveland places a bid for $2 million on Miller – and it's the highest – the Cavaliers would be responsible for paying $2 million per season of the money left on Miller's contract. Miami would have to pay the rest. The deadline for placing a waiver bid for Miller is 5 p.m. ET Thursday.
Cavs consider waiver bid for Mike Miller
Yahoo! Sports | Jul 18