Haslem’s signing sheds light on Miller’s contract
Udonis Haslem has now officially signed a 5-year contract estimated at just over $20 million, suggesting that my previously rounded figures may actually be exact. His first year salary, around $3.5 million, would be less than half of his $7.1 million last season total.
One major factor aiding in his decision was swingman Mike Miller’s decision to join the Heat – something the team still has not announced. Miller and Haslem have been close friends since their days at the University of Florida.
Assuming the Heat chooses to retain its rights to Joel Anthony, Haslem’s contract leaves the team with an estimated $5.0 million to devote to Mike Miller. That would equate to a five-year contract of roughly $29 million.