Heat Notes: Cap Sheet, Herro, Optimism, Jovic

By trading Jimmy Butler, the Heat have created more cap flexibility for this offseason, Barry Jackson of the Miami Herald writes.

Miami now has $176.2MM committed to 12 players for next season, approximately $11MM below the projected $187.9MM luxury tax threshold. However, that figure doesn’t include restricted free agent guard Davion Mitchell and rookie forward Keshad Johnson’s $1.9MM team option, nor does it account for the salary for either of the first-round picks they might have.

The Heat could free up an additional $10MM by shedding Duncan Robinson‘s partially-guaranteed contract but it could also be used to help facilitate a trade. In any case, the team doesn’t have to worry about Butler exercising his $52.4MM option, which he declined in order to sign a two-year extension with Golden State.

We have more on the Heat:

  • Tyler Herro won the 3-point contest at All-Star weekend and also participated in the revamped All-Star Game format. He expressed gratitude for the opportunity. “I broke like not even a half sweat. But it was a great experience all weekend, just to be here from Friday to Sunday night. Just super grateful to be here,” Herro told Anthony Chiang of the Miami Herald.
  • Though the Heat entered the All-Star break with a four-game losing streak and three games under .500, there’s hope for a strong finish, Ira Winderman of the South Florida Sun Sentinel writes. The Butler drama is over and there’s more depth with the additions of Andrew Wiggins, Kyle Anderson and Mitchell. The bigger lineup featuring Ke’lel Ware and Bam Adebayo also gives the club a new dimension.
  • In his latest mailbag, Winderman notes that Nikola Jovic has not blossomed as hoped. He’s sometimes guilty of trying to do too much, Winderman writes. An even bigger issue is that he does not play to his size, as he tries to get by too often by finesse instead of power.
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