According to Ira Winderman of the Sun-Sentinel, Chris Bosh and the Miami Heat are “moving close to resolution that will allow the team to shed Bosh’s salary from its salary cap without concern of that figure returning to its cap”. When that process is complete, should the Cleveland Cavaliers come calling?
In many ways, this sounds like a buyout agreement. A buyout is commonly used as a means to release players from their contracts in a way that pays out a portion of the remaining salary to the player as they’re released rather than factoring that player’s contract into future cap space, as they would have to do if the player was simply waived without a buyout a contract agreement.