Mar 12, 2014; Orlando, FL, USA; Orlando Magic guard Jameer Nelson (14) drives to the basket against the Denver Nuggets during the second half at Amway Center. Denver Nuggets defeated the Orlando Magic 120-112. Mandatory Credit: Kim Klement-USA TODAY Sports

Miami Heat Rumors: Jameer Nelson an Upgrade at Point Guard

Josh Robbins of the Orlando Sentinel reported Monday that Jameer Nelson has been released by the Orlando Magic. Nelson, a nine-year veteran who has played his entire career in Orlando until now, should have plenty of options when free agency starts Tuesday.

By waiving him before July 16, the Magic save $2 million on the cap. Orlando acquired Elfrid Payton in the NBA Draft to be its point guard of the future.

Nelson, however, could be the point guard Miami needs now. With Chalmers due to be a free agent, youngsters Norris Cole and Shabazz Napier will be the only point guards on the roster. Although his best years are behind him, Nelson would be a solid veteran to add to the mix.

Miami would present an opportunity for Nelson to win during the final years of his career while staying in Florida.

Then there is this: On Miami radio station 790 AM The Ticket Monday afternoon, Ethan Skolnick noted that the Heat regret drafting Dorell Wright at No. 19 over Nelson (who was selected next by the Denver Nuggets, then traded to Orlando).

Nelson averaged 12.1 points and seven assists per game last season.

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