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The Miami Heat could cut and use the stretch provision on Kyle Lowry’s contract if they can’t sell him.
Lowry has a $29.7 million contract next year, his last year of a three-year, $85 million deal.
If he were to stretch it, the $9.9 million a year wouldn’t add up to the cap and the salaries the Miami Heat owe their players would drop from $178.5 million to $158.5 million, below the $165 million tax line and $182.5 million in the second tax bracket.
The waive-and-stretch provision must be used by September 1st.
To bring it back Barry Jackson del Miami Herald.