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Wolves waive Prince to create more room below luxury tax

After Naz Reid agreed to a new three-year deal at $14 million per season, the status of either forward Taurean Prince or restricted free-agent guard Nickeil Alexander-Walker became more tenuous for next season as the Wolves looked to stay under the luxury tax. On Wednesday, the Wolves made the decision to waive Prince, and he will now become a free agent. The Wolves declined to guarantee .

Ira Winderman: Heat need tax haven or it s off to free-agency lockdown

MIAMI — The clarion call comes as a constant from the fan base, even during the best of times, “The Miami Heat have to do something with this roster.” The difference this time around is that the urgency has less to do with upgrading than the complex math created by the NBA’s new collective-bargaining agreement. No, the NBA has not gone to a hard cap similar to those of the NFL and NHL. But for .

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