Miami Herald -
The Heat, in excess of the league's $67.9 million luxury tax, traded $12.6 million in 2007-08 salary in the deal and took back $13.5 million owed to Ricky Davis and Mark Blount this season. Davis has one season left on his contract for $6.8 million. Blount has three seasons and $21.9 million left on his contract.
The Heat could have as much as $21 million in expiring contracts next summer, making it a potential bidder for a 2008 free agents crop that could include Gilbert Arenas, Ron Artest, Corey Maggette, Elton Brand, Baron Davis and Jermaine O'Neal.
