There remains optimism about the Heat’s chances of re-signing Chris Andersen because of his stated desire to return and because the more he signs for, the more his Denver buyout would be reduced. But eight days into free agency, Andersen still had not informed the Heat of a decision as of late Monday afternoon.
The Heat wants him back for $1.7 million, which is the NBA veteran’s minimum for players with his years of service, plus the maximum 20 percent raise. If Andersen got the $3.2 million minilevel exception that’s available to the Heat and other taxpaying teams, the $4.5 million he’s due next season from Denver would be reduced by an amount believed to be $900,000.
The offset would be much less, believed to be $150,000, if he signs for the minimum.
Andersen is expected to make a decision this week. Any decision on whether to amnesty Anthony would need to be made between Thursday and July 17.
Source: Barry Jackson, Miami Herald