Bird signed a two-year contract for the league minimum this summer with a guarantee for the first season. If the NBA rules that he has violated its domestic violence policy, his contract could be voided and the Celtics would have no further financial obligation. If Boston waives Bird before the league makes a decision, his contract will remain on the cap and will continue to affect the luxury tax. The Celtics plan to keep Bird on the inactive list until his case is resolved.
The Raptors have completed their series of transactions involving Malcolm Miller, as the team waived him on Saturday, per Blake Murphy of The Athletic (via Twitter). This move was expected, as it was the final step in the team’s plan to allow Miller to recover from a torn labrum that he suffered in Summer League play.
Murphy previously explained that the Raptors’ plan was to sign Miller to an Exhibit 10 contract, waive him, and then allow him to rehab the injury with the Raptors 905. As a result of this series of transactions, the young forward will receive an Exhibit 10 bonus and stick with the organization while he recovers.
Miller is on track to potentially get back on the court in January, Murphy adds.
As a result of the team waiving him on Saturday, Miller will clear waivers before opening day and won’t count on Toronto’s cap sheet at all.