MIAMI — For now, the prospects of paying a big luxury-tax bill next year is not enough to dissuade Miami from its plan to keep the Heat’s current championship core intact.
Heat President Pat Riley said Friday that the team does not currently plan to use its one-time amnesty option as a way of lightening its looming tax load, with the team’s focus instead being on simply finding ways to get better.
“Right now, we’re not using amnesty, no,” Riley said.
Amnesty would allow the Heat to essentially cut one player and pay whatever is left on his contract, but without that salary counting against the team’s cap space or add to future luxury-tax bills. Miami is currently in line to pay more than $30 million in tax for the coming season, though could shave off at least one-quarter of that by parting with someone like Joel Anthony or Mike Miller.
In a conference call Friday, Riley made clear that the team’s plan is to add and not subtract, especially coming off two straight NBA championships.
NEW YORK — The Nets and Celtics finalized their draft-night trade Friday, a nine-player, three-draft pick swap centered on aging champions Paul Pierce and Kevin Garnett, who won a title in Boston in 2008.
The Nets also got Jason Terry and D.J. White from Boston while sending Gerald Wallace, Kris Humphries, MarShon Brooks, Kris Joseph, Keith Bogans and first-round draft picks in 2014, 2016 and 2018 to the rebuilding Celtics. Boston also has the right to swap first-round picks in 2017.
The teams agreed to the deal June 27, but couldn’t complete it until after next season’s salary cap was set.
INDEPENDENCE, Ohio — Guard Jarrett Jack and forward Earl Clark signed their contracts Friday with the Cavaliers, who also have an agreement with center Andrew Bynum.
The sides are still finalizing Bynum’s contract, so general manager Chris Grant was unable to talk about the 7-foot center.
Bynum was traded to Philadelphia last summer but never played because of knee injuries.
Jack, who signed a four-year, $25 million deal, said of Bynum: “When healthy, he’s one of the best, if not the best big men in the game.”
Mavericks rookie guard Shane Larkin has a broken ankle and will likely be sidelined until training camp. The former Miami point guard, who was the 18th pick in last month’s draft, sustained the injury Friday in the last practice before the team flew to Las Vegas for summer league games. ... The Lakers signed free-agent center Chris Kaman Friday after Dwight Howard’s departure for Houston. Kaman averaged 10.5 points and 5.6 rebounds for Dallas last season. His deal with the Lakers is reportedly for one year at $3.2 million. ... The Hawks re-signed guard Kyle Korver to a four-year, $24 million deal. ... Korver averaged 10.9 points and made 45.7 percent of his 3-point shots last season to rank second in the NBA.
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