Mike Miller, who helped the Miami Heat to back- to-back NBA championships over the last two seasons, was waived by the club using the league's amnesty provision on Tuesday.
Miller, who had two seasons remaining on a five-year, $25 million contract he signed with the Heat in July of 2010, averaged career lows of 4.8 points, 2.7 rebounds and 15.3 minutes while seeing his role diminish during Miami's most recent title run. The 13-year pro was slated to earn $6.2 million this coming season.
The 33-year-old did start five postseason games and appeared in 17 of the Heat's 23 contests of the 2013 playoffs, but managed just 3.4 points despite shooting 44.4 percent from 3-point range.
"After many discussions internally and a sincere effort to explore the trade market, we made a very difficult decision to use our Amnesty provision on Mike Miller," said Heat president Pat Riley. Mike had an incredible impact on the Miami Heat; helping us to three finals appearances and winning back-to-back world championships. This was a very difficult decision for me personally, the Arison family, [head coach] Erik [Spoelstra] and the entire Miami Heat organization. Mike was one of the best we have ever had here, and will be sorely missed."
During his three-year tenure with the Heat, Miller averaged 5.4 points, 3.4 rebounds and 1.4 assists and made good on 41.2 percent of his 3-point shots over 139 regular-season games.
The fifth overall pick of the 2000 NBA Draft by Orlando, Miller earned Rookie of the Year honors with the Magic during his debut campaign and was named the league's Sixth Man of the Year while with Memphis in 2005-06. The veteran small forward averaged a career-best 18.5 points along with 5.4 rebounds and 4.3 assists with the Grizzlies the following season.
Miller, who has also previously played for Minnesota and Washington, owns career averages of 12.3 points, 4.8 rebounds and 2.9 assists and is a lifetime 40.6 shooter from beyond the arc.