Report: Teams upset over Heat's buyout of Beno Udrih
While on his way out of South Beach, Beno Udrih did the Miami Heat a solid which has other teams feeling dismayed.
The team officially waived the 33-year-old point guard on Monday after agreeing to a contract buyout.
After coming to terms on a deal with guard Joe Johnson, team president Pat Riley and general manager Andy Elisburg approached Udrih about him possibly assisting the franchise in getting back under the tax line, as signing Johnson pushed them $43,849 over.
Udrih agreed to leave enough of his $2.17-million contract on the table to help the team out, sources told ESPN's Brian Windhorst. Miami will save approximately $110,000 in taxes because of Udrih's sacrifice, while also receiving a $2.6-million payout from tax-paying teams.
Considering he's been ruled out for the remainder of the season after undergoing surgery on his foot, it's highly unlikely the 12-year pro will recoup his financial losses, as many teams will, in all likelihood, shy away from signing someone who can't even compete.
The issue, though, is that this move lowers the payout for non-taxpaying rosters ever so slightly, which is why teams are upset, reports Windhorst.
In 36 games for the Heat, Udrih averaged 4.4 points, 2.5 assists, and 1.8 rebounds in 16.3 minutes.