Hornets Rumors

Kent Bazemore Joining Hornets’ G League Affiliate

Veteran wing Kent Bazemore has signed a G League contract and has been acquired off waivers by the Hornets‘ G League affiliate, the Greensboro Swarm, according to the NBAGL’s official transaction log (hat tip to Michael Scotto of HoopsHype).

A 10-year veteran, Bazemore appeared in 657 regular season games for the Warriors, Lakers, Hawks, Trail Blazers, and Kings from 2012-22. Over the course of his career, he has averaged 8.2 points, 3.2 rebounds, and 1.8 assists in 20.6 minutes per game, with a shooting line of .413/.356/.724.

Bazemore, 34, was in training camp with Sacramento in he fall of 2022, but was waived before the regular season began and hasn’t been on an NBA roster since then — he also hasn’t been playing in any non-NBA leagues. The Old Dominion alum reportedly worked out for Golden State during the 2023 offseason.

In his prime, Bazemore’s three-and-D skill set earned him a four-year, $70MM contract as a free agent in 2016. At this point of his career, however, he’ll have to impress in the G League to earn serious consideration for an NBA call-up.

Fischer’s Latest: Point Guard Rumors, Sixers, Rockets, More

After Charlotte was able to secure a first-round pick from Miami in this week’s deal for Terry Rozier, teams with quality guards available are expected to use that return as a benchmark, according to Jake Fischer of Yahoo Sports, who suggests that the Wizards, Trail Blazers, and Raptors want “at least a first-round pick” for Tyus Jones, Malcolm Brogdon, and Bruce Brown, respectively.

It will presumably be more difficult to extract a first-round pick for a player headed for free agency in 2024 and 2025 than it was for Rozier, who has two more years left on his contract beyond this one. Still, as Fischer notes, there will be no shortage of teams in the market for backcourt help at this season’s deadline.

Sources tell Yahoo Sports that the Lakers are “chief among backcourt buyers” as they seek a point guard upgrade on D’Angelo Russell. The Knicks, Bucks, and Sixers are among the other potential buyers at that position, while the Nets have “poked around” the market too, per Fischer.

Fischer names the Cavaliers and Timberwolves as two other clubs expected to peruse the market in search of backcourt depth and notes that the Spurs will always be a team to watch for point guards until they find a long-term answer at the position to pair with Victor Wembanyama.

Here’s more from Fischer:

  • Veteran point guard T.J. McConnell was viewed as a possible target for teams looking for backcourt help, but the Pacers have indicated to potential trade partners that they don’t want to move him, Fischer reports. Some of the backup point guards who are available around the NBA, per Fischer, are Davion Mitchell (Kings), Cameron Payne (Bucks), Cory Joseph (Warriors), and Devonte’ Graham (Spurs).
  • Kyle Lowry isn’t expected to join the Hornets prior to the trade deadline as Charlotte looks to flip him to a new team. If he’s still a Hornet once the deadline passes, Lowry will be a strong candidate for a buyout, and the Sixers appear to be a “real possibility” for the Philadelphia native, says Fischer.
  • The Sixers are prioritizing fit alongside Joel Embiid and Tyrese Maxey as they consider their trade options. They don’t appear to have significant interest in Bruce Brown and will have to seriously consider whether Dejounte Murray is the right piece next to Maxey, given the Hawks‘ high asking price for Murray, Fischer writes. Atlanta is reportedly seeking two first-round picks and a starting-caliber player for the guard.
  • The Rockets have their eye on a pair of Trail Blazers, according to Fischer, who says Malcolm Brogdon and Robert Williams have both drawn interest from Houston. The Lakers and Knicks are among the other teams that have been connected to Brogdon.
  • The Pelicans and Magic are two teams that rival executives expect to be in the market for a point guard in the summer, though New Orleans is focused more on the center spot for now, per Fischer.

Jazz, Suns, Pistons Among Possible Miles Bridges Suitors

The Jazz, Suns, and Pistons are among the teams that have called the Hornets to inquire on forward Miles Bridges, reports Jake Fischer of Yahoo Sports.

Bridges, 25, is considered a potential trade candidate for a Hornets team that appears lottery-bound and already moved one key player (Terry Rozier) this week in exchange for a first-round pick. Bridges has been productive in his return to the court this season, averaging 20.8 points, 7.1 rebounds, and 2.9 assists in 37.0 minutes per game across 31 appearances, with a shooting line of .455/.355/.866.

However, Bridges’ trade value is complicated by a couple factors. One is his contract situation. Having accepted his qualifying offer as a restricted free agent last summer, Bridges will be an unrestricted free agent after this season. He also has the ability to veto a trade and would lose his Bird rights if he’s dealt this season, which could affect what a team is willing to give up to acquire him.

The other factor limiting Bridges’ trade value is his legal situation off the court. The Hornets forward sat out the entire 2022/23 season following accusations of domestic violence and has faced new allegations following the resolution of that case. While the former Michigan State star would be an ideal fit on the court for many teams seeking another wing or forward with size, there may be teams unwilling to pursue him due to the off-court allegations.

According to Fischer, the Jazz are viewed as both a buyer and seller at this season’s trade deadline. While players like Jordan Clarkson, Collin Sexton, and Talen Horton-Tucker are considered available, Utah is also keeping an eye out for possible additions who could help the team win now. One item on the Jazz’s wish list is a veteran who could handle point guard duties while rookie Keyonte George continues to learn the ropes. Hawks guard Dejounte Murray is one player Utah has expressed interest in, says Fischer.

The Suns’ interest in Bridges was reported earlier this week and has since been confirmed by Duane Rankin of The Arizona Republic. Unlike Utah and Detroit, Phoenix isn’t in position to open up cap room this summer to potentially re-sign Bridges and would likely have to view him as a rental. However, if the cost is modest enough due to Bridges’ expiring contract and legal issues – perhaps Nassir Little and a couple second-round picks – the Suns would still be interested.

According to Fischer, the Suns are eyeing potential rotation players at various positions who could be acquired using Little as the primary outgoing salary-matching piece. That group includes guards Delon Wright and Monte Morris, forwards Jae’Sean Tate and Royce O’Neale, and center Nick Richards.

As for the Pistons, they project to have significant cap room this summer and appear to be attempting to get a head-start on free agency by acquiring a player to whom they could dedicate a chunk of that room. They were linked to Pascal Siakam before he was sent to Indiana and have reportedly discussed Zach LaVine as well.

In his latest Substack article, Marc Stein says that those talks with the Bulls about LaVine have “by no means gone dormant,” noting that the Pistons maintain interest in the two-time All-Star.

Southeast Notes: Rozier, Hornets, Bagley, Harris

The Hornets will find it difficult to replace everything Terry Rozier brought to the team both on and off the court, writes Roderick Boone of The Charlotte Observer. With Rozier being traded to Miami this week, Charlotte lost one of its top scoring threats as well as a vocal veteran leader who set an example for his younger teammates.

“He was great in the way that he practiced because he truly cares,” coach Steve Clifford said. “Anytime we did a drill in practice, particularly defensively, he’d be the first guy to jump in. I think things like that are hard to replace and they can’t be faked. We have other guys who have leadership qualities, too, and now they’ll have more of an opportunity to step forward.”

Clifford expects rookie Brandon Miller to get a larger role in the offense as the Hornets try to replace Rozier’s 23.2 points per game. Clifford plans to rely more on younger players in general, but he’ll be careful not to give them more responsibility than they’re ready to handle.

“Right now, Nick Smith Jr. is in a role that he’s doing a good job with,” he said. “If you double that, it’s going to be hard. What we need is some of these other guys to play a bit more. Nick Smith Jr. can play a little bit more, but he’s just not ready for 26 minutes a night. He’s doing a really good job with the minutes he’s been given, but we’re going to have to figure that out.”

There’s more from the Southeast Division:

  • In a separate story, Boone examines which Hornets players could be traded before the February 8 deadline. The most intriguing possibilities are impending free agents Gordon Hayward, who has a $31.5MM expiring contract, and Miles Bridges, who might have some trade value if management decides he’s not part of the team’s future. Boone also lists James Bouknight, Nick Richards, Ish Smith and P.J. Washington as players who could be on the move.
  • Marvin Bagley III continues to look like a different player since the Wizards acquired him from Detroit, observes Ava Wallace of The Washington Post. Bagley came off the bench to score 17 points and grab 15 rebounds Wednesday night, collecting six of the team’s seven offensive boards. “I’m just playing hard, man. I’m just trying to bring energy whenever I’m on the floor, trying to be aggressive, just do what I do,” Bagley said. “Now we’ve just got to put it all together to try to finish games and try to get a win.”
  • Magic two-way guard Kevon Harris is trying to get caught up after missing the first half of the season with knee soreness, per Jason Beede of The Orlando Sentinel. Harris played his first G League game of the season earlier this month and hopes to eventually find a way to help the NBA team. “I’m just grateful to be back out there on the floor with the team,” he said. “I’m still trying to get in my rhythm out there and trying to have fun out there right now. I’ve been out for a few months, so it feels good to be back out there on the court and getting back to the flow of things.”

Scotto’s Latest: Lakers, Murray, Russell, Hachimura, Brown, More

Dejounte Murray is the Lakers‘ top target as they search for a point guard before the trade deadline, but they’ll likely need to find a third team to get a deal done, Michael Scotto of HoopsHype says in a discussion about the team with Jovan Buha of The Athletic.

L.A. has discussed a deal with the Hawks involving D’Angelo Russell, rookie Jalen Hood-Schifino and the team’s next available first-round pick in 2029, according to Scotto. However, Russell has an $18.7MM player option for next season, and Atlanta doesn’t want to take back any salary beyond this year, plus there are questions about Russell’s fit alongside Trae Young.

There’s no obvious third team to make a deal work, Scotto adds. He points to the Hornets as an organization that’s willing to take unwanted contracts in return for draft assets, but notes that Russell is also an awkward fit with LaMelo Ball. The Lakers wouldn’t have another first-rounder to offer Charlotte since their 2029 pick would be going to the Hawks in the proposed deal.

Scotto mentions the Nets as a potential landing spot for Russell with Spencer Dinwiddie heading to Atlanta or L.A., but he’s skeptical of Brooklyn’s desire to add Russell. He sees the Wizards as a better option, with Tyus Jones possibly moving, but notes that a fourth team might be necessary to provide enough draft picks to make a deal work.

Buha also hears that Murray is the Lakers’ top priority, but warns that the market is constantly changing, citing this week’s trade of Terry Rozier to Miami as an example. He suggests that might increase the price for Murray and wonders if the Sixers or another team with more assets than L.A. will enter the bidding. Buha proposes that the Lakers might try to get Brooklyn involved in a Murray trade and add another asset such as Dinwiddie, Dorian Finney-Smith or Royce O’Neale.

There’s more on the Lakers’ trade market from Scotto and Buha:

  • L.A. would like to move Gabe Vincent, who’s recovering from knee surgery and still has two years left on his contract, but he currently has negative value around the league, Scotto and Buha agree. Buha points to Rui Hachimura as another player who might be involved in trade discussions, but says the Lakers would create a hole in their frontcourt by parting with him.
  • A rumored deal of Russell and Hachimura to the Bulls for Zach LaVine seems to be dead at this point, according to Scotto. Buha adds that L.A. always had more interest in DeMar DeRozan and Alex Caruso than LaVine, but has been reluctant to part with Austin Reaves to acquire them.
  • Executives around the league tell Scotto that it would likely take at least a first-round pick to get Malcolm Brogdon from the Trail Blazers. He also reiterates that the Cavaliers are informing teams they’re not interested in trading Donovan Mitchell.
  • Buha notes that the Lakers had interest in Bruce Brown dating back to last offseason, but it may take a third team to get involved if the Raptors don’t want Russell. He sees a Brown-Hachimura trade as a more realistic option, depending on what else L.A. would have to give up.

Bulls Notes: DeRozan, Lowry, Caruso, White

DeMar DeRozan typically doesn’t get involved in the Bulls‘ front office decisions, but he might change that stance if it means bringing long-time friend Kyle Lowry to Chicago, writes K.C. Johnson of NBC Sports Chicago.

Lowry, who was DeRozan’s teammate for many years in Toronto, was traded from Miami to Charlotte on Tuesday and could be on the move again before the February 8 deadline. It’s unlikely that the Bulls would deal for Lowry’s $29.7MM contract, but they have an open roster spot and DeRozan is willing to help facilitate a signing if Lowry reaches a buyout agreement with the Hornets.

“If it was asked of me, whether from him if that was something he wanted to do (or management), for sure. Why not?” DeRozan said. “That’s one of my closest friends, one of the smartest players I’ve played with since I been in the league.”

DeRozan revealed that Lowry called and informed him of the impending trade before the news broke Tuesday morning. DeRozan offered support to the 37-year-old guard, who is facing an uncertain basketball future for the first time in many years.

“For me, it flips to being there for him more so as a friend. Basketball kind of goes out the window,” DeRozan said. “Even last night, I just texted him before I went to sleep and asked him how he was feeling mentally. That’s all I care about first.”

There’s more from Chicago:

  • While several Eastern Conference rivals have already made significant moves, the Bulls’ trade outlook continues to be quiet, Johnson adds. No market has developed for Zach LaVine, who is currently sidelined with a sprained ankle, and the front office hasn’t shown any inclination to trade Alex Caruso despite interest around the league, according to Johnson.
  • Caruso was honored to be included in the 41-player pool for the 2024 Olympics that was released Tuesday, tweets Julia Poe of The Chicago Tribune. “Hopefully I’m lucky enough to get selected and go,” Caruso said. “That would be an even bigger accomplishment and exciting adventure.”
  • In a full story for The Chicago Tribune, Poe looks at whether Coby White should be given a larger role in the Bulls’ clutch possessions considering his improvement this season. Even when White is having a huge scoring night, DeRozan is typically the focus of the crunch-time offense.

Trade Rumors: Bucks Targets, Payne, Allen, Suns, Hornets, Kuzma

The Bucks don’t have a ton of trade assets left after completing blockbuster deals in recent years for Jrue Holiday and then Damian Lillard, but they’re perusing the market in an effort to upgrade their perimeter defense, reports Jake Fischer of Yahoo Sports.

According to Fischer, the Bucks have contacted teams to gauge the value of Portland’s 2024 second-round pick, which Milwaukee controls — it currently projects to be 35th overall, making it more valuable than a typical second-rounder. The team is exploring deals that would package that pick with wing Pat Connaughton and guard Cameron Payne, sources tell Yahoo Sports.

As Fischer explains, Payne fell out of Adrian Griffin‘s rotation earlier this month, but it’s possible new head coach Doc Rivers will want to use him more. If not, the veteran point guard would be “amenable” to a change of scenery, Fischer writes.

While the Bucks would love to acquire a player like Hawks guard Dejounte Murray or Raptors wing Bruce Brown, Bobby Portis‘ $11.7MM cap hit would almost certainly need to be includd in order to match their salaries, Fischer notes. Additionally, Atlanta and Toronto are seeking the sort of packages – two first-round picks and a starter-level player for Murray and a first-round picks for Brown – which the Bucks may not be able to offer, given their lack of tradable first-rounders.

Chicago guard Alex Caruso is likely also out of Milwaukee’s reach, given that the Bulls aren’t inclined to move him and would seek multiple first-rounders if they did, says Fischer. Players like Trail Blazers wing Matisse Thybulle and Clippers forward P.J. Tucker may be more attainable, Fischer suggests. However, Tucker’s appeal is limited, and Sean Highkin of Rose Garden Report points out (via Twitter) that Thybulle has veto rights and may not be eager to play for Rivers again.

Here are a few more trade rumors from around the NBA:

  • The Suns are no longer considering the possibility of trading Grayson Allen at the deadline, league sources tell Fischer. Fischer reported last week that Phoenix was gauging what a package of Allen and Nassir Little could bring back, but that seemed like it was more about due diligence, given how well the former Duke star has played this season.
  • Responding to reports from Gerald Bourguet of PHNX Sports and Trevor Booth of Clutch Points stating that the Suns have interest in Miles Bridges and Nick Richards of the Hornets, John Gambadoro of Arizons Sports 98.7 (Twitter link) throws cold water on the Richards speculation, but suggests Phoenix could be in the mix for Bridges if the price is right.
  • While Wizards forward Kyle Kuzma has been viewed as a potential in-season trade candidate, he’s under contract for several more years and Washington appears to be in no rush to move him, ESPN’s Adrian Wojnarowski said on The Woj Pod. “Washington’s been very reticent with Kyle Kuzma,” Wojnarowski said (hat tip to RealGM). “… Teams tell me they call them and they’re not getting counters from Washington. If you want to register an offer for Kuzma, fine, you can do it. But they’re not at the point now where it seems like they’re really active in seriously trying to move him. It could change by the deadline, but I know (Wizards executives) Michael Winger and Will Dawkins like Kuzma, like having him there. I think they’ll be particular about what they might do.”

Hornets Notes: Rozier Trade, Ball, Miller, Lowry, Hayward

After trading Terry Rozier to Miami on Tuesday in exchange for Kyle Lowry‘s expiring contract and a future first-round pick, president of basketball operations Mitch Kupchak said that the financial flexibility the deal affords the Hornets going forward was important. However, getting that first-rounder was the key part of the trade from Charlotte’s perspective, as Rod Boone of The Charlotte Observer writes.

“The pick itself has potential for incredible upside,” Kupchak said. “We don’t know who that player may be several years down the road. But an asset that valuable can also become something that you can put in a trade and make a deal. So. yeah, the financial part of it was a part of it. But getting the pick was probably the most important part.”

According to Boone, one factor in the Hornets’ decision to move on from Rozier at this time is the fact that it will give the team’s backcourt of the future – LaMelo Ball and Brandon Miller – more opportunities to play alongside one another. Kupchak singled out those two players on Tuesday when he discussed Charlotte’s core pieces.

“We think we’ve got a foundation of players in place,” he said. “I’m not going to mention all of our players, but I’m going to mention our two highest picks — LaMelo Ball and Brandon Miller. But there are other players that we’ve pegged that would be very difficult to trade.”

A report last week suggested that Ball, Miller, and center Mark Williams are likely the only players on the Hornets’ roster who are off-limits in trade talks.

Here’s more out of Charlotte:

  • Kupchak indicated on Tuesday that the Rozier trade doesn’t signal the beginning of an all-out rebuild, per Boone. “I wouldn’t call it a rebuild,” Kupchak said. “A rebuild is, in my opinion, something where you start from scratch and you convert everything you have into draft capital, and you create gobs of cap room, and you start taking in contracts to get picks and it could drag out years. That’s not the case. I think it’s more of a case of recognizing where we are this year.”
  • Still, Kupchak suggested the Hornets will remain very open to making additional trades on or before February 8, as Steve Reed of The Associated Press relays. “I can’t discount the fact that we’re a team that is trying to build something that can sustain something going forward, and … we will look for opportunities,” Kupchak said when asked about the possibility of more deals. “And if there is something out there we will look to do it. It’s as simple as that.”
  • The Hornets are expected to explore the possibility of flipping Lowry to a new team, though two league sources who spoke to Boone believe he’ll ultimately become a buyout candidate instead. Either way, it doesn’t sound like Charlotte is intent on actually playing the veteran point guard. “He’s got to report, he’s got to pass a physical,” Kupchak said of Lowry. “It’s going to take a couple of days. I can’t say that that’s something we look to accomplish right away. We may wait to see what happens out of respect to him and what he’s accomplished in this league. Maybe we wait to see and have the trade deadline pass, rather than have him relocate and start something that may or may not take place. I think that’s probably what we will do. Don’t know for sure, but that seems to make the most sense.”
  • Veteran forward Gordon Hayward is another player on a sizable veteran contract who is available in trade talks. Boone hears from league sources that Hayward is “at the very top” of Charlotte’s list of trade candidates. However, the 33-year-old has been out since December due to a left calf strain and there’s no timeline for his return, so it’s unclear whether the Hornets will be able to acquire anything of value for him. He’s another possible buyout candidate if no trade arises, Boone notes.
  • While it’s typically difficult to determine right away which teams won and lost a trade, there’s one clear winner in the deal between the Heat and Hornets, according to Scott Fowler of The Charlotte Observer: Rozier. As Fowler details, Rozier appeared in 50 postseason contests with Boston during his first four NBA seasons, but didn’t get to play a single playoff game during his time in Charlotte — that figures to change in Miami.

Lakers Exploring Trades For Murray, Numerous Other Players

The Lakers are exploring a number of avenues on the trade market with the Hawks’ Dejounte Murray arguably the biggest name on the wish list, ESPN’s Dave McMenamin reports.

Murray would give the club some much-needed playmaking and speed out of the backcourt. The fact that Murray is making $18.2MM this season before his four-year, $114MM extension kicks in could provide an additional bonus. The Lakers could engineer a two-for-one swap and shave some money off their luxury tax bill in the process.

However, the Lakers continue to resist including Austin Reaves in a potential deal. The Hawks recently inquired about Reaves, according to McMenamin’s sources, who speculates that the Lakers would have to give up some combination of Rui Hachimura, a future first-round pick, Reaves or other young players to land Murray.

The Lakers don’t plan to pivot to the Bulls’ Zach LaVine, per McMenamin, due to his hefty contract, injury issues and declining production. They could aim lower and pick up some bench pieces instead.

They’d like to add a quality backup guard with Gabe Vincent sidelined by a knee injury. The Jazz’s Collin Sexton and Wizards’ Tyus Jones have been discussed internally as potential targets. They also have the Raptors’ Dennis Schröder and Bruce Brown on their radar.

Schröder, who started 50 games for the Lakers last season, has seen his role diminish with the acquisition of Immanuel Quickley and RJ Barrett. Brown, a defensive ace who was instrumental in Denver’s championship run, was acquired by Toronto in the Pascal Siakam deal.

Brown was the Lakers’ top target with their mid-level exception last summer, according to McMenamin, but Indiana blew them out of the water with a two-year, $45MM offer.

The Nets’ Dorian Finney-Smith and Bulls’ Andre Drummond are two other players the Lakers are considering to fill key postseason roles. Finney-Smith could guard elite wings, while Drummond would give them more size to combat an opponent such as Denver. They’re not particularly interested in the Hornets’ Miles Bridges, a potential alternative to Finney-Smith, because they wouldn’t hold his Bird Rights and Bridges would likely sign a more lucrative contract elsewhere in the summer.

If the Lakers choose not to make a trade or do only minor tinkering before the deadline, they could have more flexibility to acquire another star in the offseason such as the Cavaliers’ Donovan Mitchell or Hawks’ Trae Young, McMenamin writes.

On the day of the draft, the Lakers pool of available first-rounders would grow to their picks in 2029, 2031 and either this year or 2025, depending on whether New Orleans chooses to use the pick L.A. owes it this June or the following summer.

The Lakers have discussed internally the possibility of packaging those three picks, along with players they already have on their books, to pursue that type of blockbuster, says McMenamin.

Hornets Trade Rozier To Heat For Lowry, First-Round Pick

1:30pm: The trade is official, according to announcements from both the Hornets and Heat.

“I want to thank Terry for all his efforts since coming to Charlotte,” Hornets president of basketball operations Mitch Kupchak said in a statement. “On the court, he was a true professional and a great competitor who set a positive example for our young players. He also made himself a staple of the Charlotte community with his commitment to giving back. We wish him all the best in the future.

“The acquisition of a future first-round pick provides us an asset as we look to build long-term sustainable success around our young core of talented players. We believe adding this future pick and the additional financial flexibility from this trade will be beneficial as we continue to build our team moving forward.”


9:13am: The Hornets are trading guard Terry Rozier to the Heat in exchange for Kyle Lowry and Miami’s 2027 first-round pick, sources tell Adrian Wojnarowski of ESPN (Twitter link). Shams Charania of The Athletic first reported (via Twitter) that the two teams were closing in on a deal.

The 2027 first-rounder will be lottery protected, according to Jake Fischer of Yahoo Sports (Twitter link). If it lands in the top 14 of the ’27 draft, the Heat would keep it and would instead send the Hornets their unprotected 2028 first-round pick, Fischer adds.

Rozier is in the midst of a career year. His 23.2 points and 6.6 assists per game through 30 appearances (35.5 MPG) are both career highs, as is his 45.9% field goal percentage.

While the 29-year-old has played a key role in Charlotte in recent years – starting all 298 games he has played for the team since 2019 – the 10-31 Hornets are far from contention, so it makes sense for the team to move on from him and recoup future assets.

Fischer reported last week that Rozier had a “known preference” to end up in Miami if he were to be traded this season. According to Barry Jackson of The Miami Herald (Twitter link), Rozier’s favorite player growing up was Heat star Dwyane Wade.

The Heat have had a solid first half despite dealing with injuries to several starters and rotation players — they currently sit in a tie for the sixth seed in the East, with a 24-19 record. Still, the club could use the sort of offensive punch that Rozier will provide. Miami’s 113.4 offensive rating ranks just 20th in the NBA and 10th among Eastern teams.

Rozier is earning approximately $23.2MM this season, while Lowry is on a $29.7MM expiring contract, so the deal will save the Heat a substantial chunk of money in the short term. In addition to trimming its 2023/24 team salary, Miami will reduce its projected luxury tax bill by approximately $15MM and will move well below the second tax apron, as cap experts Yossi Gozlan and Bobby Marks observe (Twitter links).

The move will add some money to the Heat’s books in future seasons, however. Whereas Lowry will reach free agency this offseason, Rozier is owed $24.9MM in 2024/25, and his $26.6MM cap hit for ’25/26 features a significant partial guarantee ($24.9MM).

The Hornets, meanwhile, will create some cap flexibility for future seasons by moving Rozier’s multiyear deal for Lowry’s expiring contract. As Gozlan points out (via Twitter), the team could generate approximately $45MM in cap room this summer.

However, Charlotte likely isn’t done dealing and remains in asset accumulation mode, as Wojnarowski tweets. Miles Bridges, P.J. Washington, and Gordon Hayward are among the other veteran candidates on the Hornets’ roster. Additionally, the front office is expected to see if it can flip Lowry in another trade before the February 8 deadline, sources tell Wojnarowski (Twitter link).

Lowry won’t have positive trade value on his own, but his expiring money may appeal to a team looking to move off a player on a multiyear deal. The Hornets could potentially extract an asset or two if they’re willing to take back an unwanted contract.

If no trade emerges for Lowry, he’d be a buyout candidate after the trade deadline. Because his salary is above the mid-level exception, the 37-year-old wouldn’t be permitted to sign with a team whose salary is above either tax apron. He’d also be ineligible to return to Miami.

It’s worth noting that the Heat owe a lottery-protected 2025 first-round pick to Oklahoma City and can’t leave themselves without first-rounders in consecutive drafts, due to the Stepien rule. So if that ’25 pick lands in the lottery, Miami would owe the Thunder an unprotected 2026 first-round selection and would send Charlotte its unprotected 2028 first-rounder.

The Heat will create a $6,477,319 trade exception in the swap — that’s the difference between Lowry’s outgoing salary and Rozier’s incoming cap charge.