MIAMI (CBSMiami) – The next time Miami Heat fans see Mike Miller draining three pointers, he’ll be doing it for the Memphis Grizzlies, according to reports from USA Today and

Miller was amnestied by the Heat earlier in July after helping get the team to its second-straight NBA championship with solid shooting in the NBA Finals against the San Antonio Spurs. In Game 5 against the Spurs, Miller drained seven three-pointers.

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He followed that up with one of the more memorable moments of the Finals when he helped Miami come back to win Game 6 including hitting a three-point shot while wearing only one shoe.

But, Miller was going to cost the Heat tens of millions against the luxury cap had he been on the Heat’s roster next season.

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Instead, Miller will be returning to Memphis where he played from 2003 to 2008 and where he still has a home. Miller brings to the Grizzlies exactly what the team needed to get further in the Western Conference playoffs, outside shooting.

The Grizzlies are dominant on the interior with Marc Gasol and Zach Randolph, but had no way of making teams pay when they double-teamed either Gasol or Randolph. Miller will provide the spacing and shooting to lighten the load on Gasol & Randolph, if he can stay healthy, which is a big if.

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As for the Heat, they may take some of the money that was bound for Miller and re-invest it into another player with injury concerns, center Greg Oden.