Report: Livingston set to join Miami

The Sun-Sentinel just posted a story reporting that former Clipper Shaun Livingston is “within hours of joining the Miami Heat.”

The story also indicates that “The addition of Livingston likely will lead to another significant transaction, with Riley vowing to keep his team from the dollar-for-dollar luxury tax on excessive payroll.

“Among the options for the Heat could be trading the likes of Daequan Cook or Dorell Wright into another team’s salary-cap trade exception, possibly with the incentive of also including a second-round draft choice and cash.”

UPDATE: I just got an email from one of the more knowledgeable salary cap guys around, Eric Pincus of Hoopsworld, pointing out that the Heat cannot trade Dorrell Wright until Dec. 15 because they just signed him to a contract.