Miami Heat Pay Out Last of $434,393 Payments To Chris Bosh

Published on November 3rd, 2022 12:04 pm EST
Written By: Dave Manuel

The contract between Miami Heat and Chris Bosh finally ends. In the summer of 2010, Chris Bosh famously joined LeBron James and Dwyane Wade in Miami to form the "Big Three".

In the summer of 2014, Bosh signed a new 5-year, $118.7 million deal with the Heat that would take Bosh into his mid 30s.


On February 9th, 2016, Chris Bosh would play his last game ever.

A year previous, Bosh had been admitted to a Miami hospital.

Doctors diagnosed him with a blood clot in one of his lung, and he would miss the rest of the 2015 season.

After returning for the 2015-16 season, Bosh would be diagnosed with a blood clot in his leg in February of 2016.

Bosh would never play again.


In June of 2017, after the NBA ruled that Bosh had suffered a career-ending illness (which meant that his salary wouldn't count against the Heat's cap), the Miami Heat waived Chris Bosh.

The Heat, however, still owed $52 million to Chris Bosh.


The two sides agreed to a deal:

Chris Bosh would receive 120 payments of $434,393, made every two weeks.

This worked out to a total payout of $52,127,160.

This allowed the Heat to fulfill the contract to Chris Bosh while not having to fork out a big pile of cash all at once.


Earlier this week, Bosh received the last of his $434,393 payments, which means that his contract with the Miami Heat is finally done.

LeBron James remains the last active player in the "Big 3", as Wade also retired a number of years ago.

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