Cavs, Rockets among teams interested in Mike Miller
The clock is running for Miller to clear waivers or to be picked up by a team under the salary cap. Teams can place bids on Miller anywhere up to the $6.2 million he's owed next season (though teams can only bid based on how much cap space they have available). The team offering the highest salary will have the winning claim. But the money Miller signs for won’t be all that important considering the Heat will be still on the hook to cover the remainder of his salary over the next two seasons. But if a bid isn’t in place for Miller by 5 p.m. ET Thursday, then he becomes an unrestricted free agent.
Among the Cleveland Cavaliers are said to be interested in Miller, while the Houston Rockets have more interest in the player as an unrestricted free agent, according to reports.
Since the Cavaliers have not officially signed Andrew Bynum to his new contract, they are still under the salary cap and capable of placing a bid for Miller. The Cavaliers could certainly use more shooting to space the floor. Currently they have Dion Waiters, who is shooting 29.5 percent in summer league and Kyrie Irving also factors in.
But Miller is reportedly considering having fusion surgery to repair bulging disks in his back, which could cool off the level of interest in him by other teams, including the Cavaliers. Miller has missed games up to 60 percent of games over past three seasons with the Heat.
However, Miller told the Miami Herald on Tuesday, after being amnestied by the Heat, that his body still feels great.
"Body feels better than [it] has in a long time,” revealed Miller.
He also said he wants to play for a contender next season.
"It's the Pringles theory," said Miller. "Once you get that taste, you've got to have more."
Meanwhile, the Rockets are over the salary cap after signing Dwight Howard this offseason. So, they are essentially restricted to signing players to veteran’s minimum contract, an offer they can only make Miller after he clears waivers. The Rockets’ interest in Miller shows a shift from last season’ strategy that placed emphasis on young prospects; while adding veterans this year could help the team improve their prospects to win.
The Oklahoma Thunder and Memphis Grizzlies just a few of the other teams also said to be interested in Miller.
Even though Miller appeared in 59 games last season, averaging 4.8 points and 2.7 rebounds per contest, he had a scorching Finals performance for the Heat, shooting 11-for-18 from beyond the arc in the first three games against the Spurs.