Mike Miller will sign a two-year, $5.5 million deal with the Cavaliers, according to ESPN's Chris Broussard. The second year will be a player option and it's apparent how much Miller values the opportunity to play for a championship with LeBron James in Cleveland -- the Rockets and Nuggets had both offered him significantly more money. Miller was tremendous from downtown last year, making 45.9 percent of his 3-pointers, but he's purely a specialist for fantasy purposes.
The Bulls waived Carlos Boozer via their amnesty provision on Tuesday, clearing his $16.8 million salary from their salary cap. This move has been long expected but the Bulls exhausted all possible trade scenarios before finally resorting to the amnesty provision. Boozer will earn the full $16.8 million and teams with salary-cap space can now bid for his services. If he lands in the right situation he may still return reliable fantasy value after a down season in Chicago last year.
Kris Humphries and the Wizards have agreed to a three-year, $13 million contract, according to Adrian Wojnarowski. The third year will be a team option and it's a sign-and-trade with the Celtics, who get a traded-player exception and a protected second-round pick for their efforts. Washington failed to retain Trevor Booker, who signed with the Jazz, but they quickly moved to lock up Humphries as depth behind Marcin Gortat and Nene. Humphries showed last season that he can still be very effective, but he's unlikely to have fantasy value unless injuries strike the Wizards' frontcourt.