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


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.

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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.

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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.

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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.

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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.