Heat Officially Waive Chris Bosh, Plan to Retire No. 1 Jersey

Posted July 06, 2017

In a move that was a mere formality, the Miami Heat released Chris Bosh on Tuesday. He was not cleared to play last season and his career is likely over. Under the rules, had Bosh been able to successfully return, the Heat could've seen Bosh's salary returned to their books. That designation means that while the Heat will continue paying Bosh the rest of his 2 year, $52 million contract (most of it covered by insurance), the contract will no longer count against their salary cap. This is vital as the team looks to sign free agents when the league's moratorium period ends at the end of the week.

According to NBA.com, the Miami Heat have officially waived Bosh, but have also announced his No. 1 jersey will be retired. The All-Star trio would combine to lead the Heat to four consecutive Finals, with championships in 2012 and 2013. Team president Pat Riley released a statement, saying the Heat is already planning to retire Bosh's jersey. He is, without a doubt, one of the greatest players in the history of the franchise.

Bosh played six seasons for the Heat, averaging 18 points and 7.3 rebounds in 384 games, making the All-Star team each season. He was a dominating force for the vast majority of that time, one of the most skilled big men of his era. Bosh remains on blood thinners and still hasn't been medically cleared to play in the National Basketball Association again.