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Heat sign Mike Bibby

Updated: March 2, 2011, 11:51 PM ET
By Michael Wallace | ESPN.com

MIAMI -- The Miami Heat cleared room on their roster Tuesday for the expected addition of free-agent point guard Mike Bibby by releasing seldom-used guard Carlos Arroyo.

On Wednesday, Miami officially signed Bibby, who was released by the Washington Wizards after reaching a buyout agreement in which he gave up next year's $6.2 million salary.

Bibby is expected to be with the Heat when they host Orlando on Thursday. Heat president Pat Riley says the signing moves Miami ...

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