The Heat have signed free agent guard Caleb Daniels, the team announced in a press release. While the terms of the deal were not disclosed, Anthony Chiang of The Miami Herald hears Daniels received an Exhibit 10 contract (Twitter link).
The news was expected, as Ira Winderman of The South Florida Sun Sentinel reported a couple weeks ago that Daniels would receive an Exhibit 10 deal. He’s expected to be waived before the 2024/25 season begins, putting him in line to earn a bonus worth up to $77.5K if he spends at least 60 days with Miami’s NBA G League affiliate, the Sioux Falls Skyforce.
Daniels, 25, went undrafted in 2023 after playing five college seasons. He started his collegiate career with Tulane before transferring to Villanova, spending his final three seasons with the Wildcats.
After signing an Exhibit 10 deal with Miami last summer and subsequently being waived, Daniels spent his first professional season with the Skyforce, appearing in 47 Showcase Cup and regular season games (30.1 MPG) while averaging 12.3 PPG, 5.0 RPG and 2.2 APG on .429/.368/.841 shooting. He also played for the Heat’s Summer League team in July.
The Heat now have a full roster ahead of training camp, with 21 players under contract.