Finally, farewell: Bosh, Heat formally part ways

MIAMI - Chris Bosh's time with the Miami Heat is officially over.

Weeks after the sides came to a final agreement on how to part ways and more than a year since his last NBA appearance because of blood clot issues, Bosh was waived by the Heat on Tuesday.

The move was a formality.

It gives Miami access to $25.3 million in salary cap space for this coming season, which the Heat will use to sign free agents, starting on Thursday.

Bosh still gets that salary, plus $26.8 million for next season, and in theory could continue his career - if another team declares him fit to play.

But at least there's finally closure on his Miami era, and the Heat announced his No 1 jersey has been retired.

"Chris changed his life and basketball career when he came to Miami," Heat president Pat Riley said.

"And he changed our lives for the better, in a way we never would have imagined when he joined the 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."

Bosh signed a five-year deal to stay with the Heat in 2014, shortly after LeBron James left Miami for a return to Cleveland.

James, Bosh and Dwyane Wade went to the NBA Finals in all four of their seasons together in Miami, winning titles in 2012 and 2013.

Bosh's last Miami deal was for $118 million. For that, he was able to play just 97 games.

"You always want what's best for Chris, whatever that is," Heat captain Udonis Haslem said earlier this year. "I know how difficult this has been for him."

Bosh appeared in 44 games in 2014-15, his season ending at the All-Star break when the first known clot episode started.

A year later, he played in 53 games and - in an eerie similarity - his season again ended at All-Star weekend, when another clot was found shortly after he landed in Toronto for the All-Star Game.

Bosh hasn't played since, missing Miami's last 125 games.

"I'm kind of getting the taste of retirement now," Bosh said in January.

He wanted to return last season, but failed a preseason physical and the Heat made clear that they were moving on without him in their plans.

Because of the sensitivity of Bosh's medical situation, the Heat never could provide specifics. Under league rules, any matter that could potentially rise to the level of being life-threatening cannot be discussed openly by teams without the player's specific consent.

Even the team's release on Tuesday announcing the waiving made no reference to Bosh's health issues, or status.

Bosh played in 13 NBA seasons, seven with Toronto and then six with Miami.

He was part of Miami's massive free agent haul in 2010, when the Heat not only retained Wade but landed James to form something that team president Pat Riley felt could turn into something dynastic.

Associated Press