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Bibby will clear waivers on Wednesday. While Falk said Bibby has not made a decision yet about which team he will join, one source close to the situation said he's headed to Miami. The source also said Miami is the front-runner for Troy Murphy, but sources on Tuesday told ESPN.com's Marc Stein that Murphy is signing with the Celtics. The Heat will have to cut as many players as they sign, and the source said Carlos Arroyo and Jamaal Magloire are the likeliest candidates. ESPN.com

Miami Heat, Free Agency, Carlos Arroyo, Mike Bibby 

However, Falk, who doesn't represent Murphy, maintained that nothing has been agreed to. "I've been in touch with six or seven of the top teams," he said. "Nothing can be done until he clears waivers." For Washington, the deal is a sweetheart one that will knock next season's payroll down to roughly $38 million, which is $20 million below the current salary cap. "It's gives us unbelievably great financial flexibility next year," Saunders said. "We're not right now a team that's in a playoff-type situation. I think it's a win-win situation." ESPN.com

Miami Heat, Free Agency, Carlos Arroyo, Mike Bibby 

Arroyo was not at practice Tuesday because the Heat needed to clear room for the impending arrival of Mike Bibby, the veteran point guard who will clear waivers Wednesday. Players were put in an odd position when asked about the change, looking forward to Bibby’s addition while not wanting to disregard what Arroyo contributed. Palm Beach Post

Miami Heat, Free Agency, Carlos Arroyo, Mike Bibby 

“First of all, we hate to lose Carlos, we hate to lose a brother,” LeBron James said. “He’s been here from Day 1, and he put a lot of hard work into it. Being our starting point guard early in the season, just staying with a positive attitude when that job was taken away from him. So much respect to Carlos.” Palm Beach Post

Miami Heat, Free Agency, LeBron James, Carlos Arroyo, Mike Bibby 

James said that Mario Chalmers has “done an unbelievable job,” But when asked what Bibby would bring, spoke mostly of Bibby’s experience in big games. “He’s not afraid of the moment,” James said. “He’s hit big shots. He’s taken big shots, he’s not afraid to miss.” James has known Bibby since he was in high school. “And a few years, we tried to have an opportunity to get him in Cleveland, and it didn’t work out,” James said. “So I’ve had some conversations with him and always said, ‘It would be good to have you as our point guard.’” Palm Beach Post

Miami Heat, Free Agency, Carlos Arroyo, Mike Bibby 

Ethan J. Skolnick: Spoelstra: Carlos is not with us Twitter

Miami Heat, Carlos Arroyo 

Ethan J. Skolnick: Wade, LeBron both say they feel badly for Arroyo. And both speak highly about Bibby Twitter

Miami Heat, LeBron James, Dwyane Wade, Carlos Arroyo, Mike Bibby 

Bill Reiter: Land Bibby or Murphy and Heat probably say goodbye to Jamaal Magloire. Land both guys and Carlos Arroyo probably gone too about Twitter

Miami Heat, Carlos Arroyo, Jamaal Magloire 

What movie can't you see enough? Carlos Arroyo: Probably "Wedding Crashers," "Meet the Parents," I'm a comedy guy. I like the whole vibe of it, it's funny. It's what we all go through with our families. What person's cell phone number would you most like to have? CA: I think I've got pretty much everybody I need. If you had one week to escape to anywhere, where would you go? CA: Probably Bora Bora. Never been, but I'm dying to go. (I've heard) it's beautiful, a place of peace. Who did you want to be like growing up? CA: I wanted to be unique, I wanted to be one of the only ones from my country to make it to the NBA. I wanted to make a name for myself. ESPN.com

Miami Heat, Carlos Arroyo 

Third-year guard Mario Chalmers has officially replaced veteran Carlos Arroyo as the Miami Heat's starting point guard, Erik Spoelstra on Monday. "It was a tough decision," Spoelstra said. "It wasn't anything that Carlos was doing wrong. He was doing everything that I asked him to do. I think this is what's best for the team right now." Chalmers earned his second start of the season in the Heat's 120-103 win over Toronto. He had previously started in Arroyo's place on Dec. 15, when Arroyo was in Puerto Rico due to the death of his grandfather. ESPN.com

Miami Heat, Erik Spoelstra, Carlos Arroyo, Mario Chalmers 

It's a question that, before the season, no one would have considered asking Carlos Arroyo. After all, no one expected him to be leading the league in three-point shooting percentage at this stage of the season. Would he be interested in participating in the Three-Point Shootout on All-Star weekend in February? "To be honest with you, No, man," said Arroyo, whose wife gave birth to a second daughter, Daniella, on Nov. 16. "It would be truly an honor, don't get me wrong. But I don't spend enough time with the family as it is, especially with the little one." Palm Beach Post

Miami Heat, Carlos Arroyo 

Carlos Arroyo and J.J. Barea, opponents Monday but backcourt mates for Puerto Rico, had dinner Sunday night with University of Louisville coach Rick Pitino, who has accepted an offer to coach the national team. “It’s great news,” Arroyo said. “It’s a coach who has a lot of respect in the game, in the States and around the world. Great work ethic, great passion about the game, so we have a lot of things in common. I think he’ll be a great leader.” Palm Beach Post

Coaching, Puerto Rico, Carlos Arroyo, Rick Pitino, John Calipari 

Louisville basketball coach Rick Pitino will meet Sunday in Miami with Puerto Rican national team members J.J. Barea and Carlos Arroyo. It is expected he will then fly to Puerto Rico on Monday to accept an offer to become the team's next head coach. Barea, the Dallas Mavericks' backup point guard, will be in Miami on Sunday to play Arroyo's Heat on Monday. He said Pitino wants to meet with Puerto Rico's only NBA players before finalizing the deal. ESPN.com

Dallas Mavericks, Miami Heat, Coaching, Puerto Rico, Carlos Arroyo, Rick Pitino 

"He's very excited and it's almost a done deal," Barea said Wednesday before the Mavs faced the Portland Trail Blazers. "And I'm excited for it. We need a guy like that. It's going to help us as a team." ESPN.com

Dallas Mavericks, Miami Heat, Coaching, Puerto Rico, Carlos Arroyo, Rick Pitino 

Arroyo's a success story because of the way he's grown as a person since his sour end in Utah, as evidenced by the honest, adult manner in which he speaks of the situation now. "I was immature at the time, and at times I could have handled it differently," Arroyo said. "I was kind of frustrated because I wasn't playing. It was just miscommunication with myself and with him. It could have been avoided. " Palm Beach Post

Miami Heat, Utah Jazz, Carlos Arroyo 

What does he think of Sloan now? "I have a great amount of respect for him," Arroyo said. "He's a Hall of Fame coach, and I was just glad to be a part of those two and a half years with him. I'm always grateful for the opportunity that he gave me as a point guard and the things I learned from him. Definitely." Palm Beach Post

Miami Heat, Utah Jazz, Carlos Arroyo 

You'd assume he's shared that with Sloan. "We haven't spoken," Arroyo said. "No. We haven't spoken. It is something that I would love to do, and make sure I clear the air between us. It will happen, when the time comes. It will be very respectful and very professional, because I am more mature now." Palm Beach Post

Miami Heat, Utah Jazz, Carlos Arroyo, Jerry Sloan 

When it comes to point guards, Erik Spoelstra's focus is singular. The Miami Heat coach said Sunday that he likely will utilize only one per game for the foreseeable future. For now, that has Carlos Arroyo in the starting lineup and Mario Chalmers on the outs. Otherwise, Spoelstra said he would turn to LeBron James and Dwyane Wade as his primary ballhandlers. "I'm only playing one point guard now," Spoelstra said before Sunday's 101-78 rout of the New Jersey Nets at the Prudential Center. "And that is Carlos. And I'm divvying up the rest of the minutes between LeBron and Dwyane with our shooters." South Florida Sun-Sentinel

Miami Heat, Erik Spoelstra, Carlos Arroyo 

Ethan J. Skolnick: Carlos Arroyo was wearing a t-shirt "Haters Welcome Here" during interview session. Significance? "You can take it how you want," he said. Twitter

Miami Heat, Carlos Arroyo 

LeBron James: Shout out to my homie/teammates @Carlos Arroyo! Just seen that Converse commercial with the legend Dr.J. Nice!! Twitter

Miami Heat, LeBron James, Carlos Arroyo