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Miami Heat: Ryan Anderson has been stretched and waived

It will come as no surprise to anybody, but the Miami Heat have stretched and waived Ryan Anderson‘s expiring contract in order to consummate the sign-and-trade with the Philadelphia 76ers that brought Jimmy Butler to South Beach.

According to Ira Winderman of the Sun Sentinel:

Heat will waive and stretch Ryan Anderson to complete the Jimmy Butler trade, meaning $5.2 million cap hits in the 2020 and '21 offseasons.

— Ira Winderman (@IraHeatBeat) July 6, 2019

Anderson was due just over $21 million next season in the final year of his contract, but only $15.