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Heat Officially Waive Chris Bosh; Will Be Paid $868K A Month For The Next 5 Years
Former All-Star and two-time champion Chris Bosh‘s NBA career has been in limbo the past few seasons as he’s battled multiple life-threatening blood clots.
Months went by as he and the Miami Heat front office battled with each other on whether he was healthy enough to return to the court. That was put to rest when doctor’s stated his illness would be a career-ender.
On Tuesday, the Heat finally made it official that Bosh would no longer play for the franchise. Pat Riley released a statement:
“Chris changed his life and basketball career when he came to Miami,” said HEAT President Pat Riley. “And he changed our lives for the better, in a way we never would have imagined, when he joined the Miami HEAT. We will forever be indebted to CB for how he changed this team and led us to four trips to the NBA Finals and two NBA Championships. He is, without a doubt, one of the greatest players in the history of the franchise. The number “1” will never be worn by another player and we can’t wait to someday hang his jersey in the rafters. Today, we are both moving on but we wish Chris, Adrienne and their family nothing but the best. They will forever be part of the Miami HEAT family.”
He might not ever hit the court again, but he will still be getting paid the remaining money on his contract.
Chris Bosh will be paid the $52.1M left on his contract in 120 twice-monthly installments of $434,393 – staring 11/15/17 and ending 11/1/22.
— Albert Nahmad (@AlbertNahmad) July 4, 2017