Heat declines option on Kenny Hasbrouck
The Heat has declined to pick up its team option on combo guard Kenny Hasbrouck.
The move, or more specifically the lack of a move, was hardly surprising. Hasbrouck signed two ten-day contracts with the Heat this past season, followed by a rest-of-season contract with an attached team option for 2010-11 at the minimum salary, but he never played. Not once.
Hasbrouck went undrafted out of Siena a year ago. He averaged 14.9 points in 129 games at Siena, helping the Saints of the Metro Atlantic Athletic Conference win first-round NCAA tournament games in 2008 and 2009.
He was with the Heat for several weeks last summer, then got hurt shortly before training camp — which essentially cost him a chance to be with Miami during the 2009 preseason. Before signing with the Heat, he appeared in 10 games with the Rio Grande Valley Vipers of the NBA Development League, averaging 16.9 points, 2.9 assists, 2.4 rebounds and 1.6 steals in 32.3 minutes, leading the team to a 7-3 record, while shooting .504 percent from the field, .381 percent on 3-pointer and .806 from the foul line. He was considered to be a quality scorer with uncertain NBA potential.
Waiving Hasbrouck removes his $762,195 salary off the books and, once he is officially renounced, replaces it with the temporary $473,604 roster charge for teams carrying fewer than 12 players on their rosters (either under contract, subject to a qualifying offer, or with a cap hold and associated Bird rights). That’s a net savings of $288,591.
Don’t be surprised to Hasbrouck back in a Heat uniform at the end of the offseason, facing long odds to make the team’s regular season roster. After the Heat utilizes all of its cap space, it will need to sign several minimum contract players to round out its squad. The Heat likes Hasbrouck. He could get a training camp invite – essentially a fully unguaranteed, make-good contract.