The Heat have bought out 29-year old small forward James Jones contract for $1.9 million bucks. Jones played in 36 games (6 starts) for the Heat last season and he averaged 14.0 minutes, 4.1 points, 1.3 rebounds and 0.5 assists per game. He played in 76 games (7 starts) in two years with the Heat and he averaged 14.9 minutes, 4.1 points, 1.4 rebounds and 0.5 assists per game. This was another move to clear up even more cap space for free agency.

UPDATE: (7/18/2010) – The Heat have re-signed James Jones to a 1-year, $1 million dollar deal.