Miami Heat Rumors | Hoops Rumors

Heat Notes: Martin, Durant, Two-Ways, 2023 Cap

July 13th, 2022 at 3:09pm CST by Luke Adams

Before Caleb Martin re-signed with the Heat, he drew interest from another team that was preparing to give him an offer sheet which would’ve exceeded the three-year, $20.4MM deal he received from Miami, according to Anthony Chiang of The Miami Herald. Martin spoke several weeks ago about wanting to remain with the Heat and ultimately stuck to that stance, accepting a deal that used up the taxpayer portion of the team’s mid-level exception.

“There were options, for sure,” Martin said. “But I just kind of laid back and just waited to see what would happen. Obviously my first priority was wanting to stay (with the Heat). So that’s my biggest thing, is I wanted to stay here. But obviously I had to keep all options open and see what the best option was and the financial situation.”

With P.J. Tucker and Markieff Morris no longer in the picture in Miami, Martin will likely be asked to play more minutes at power forward in 2022/23. He said this week that he doesn’t have any problem with that assignment and plans to “bulk up” this offseason to prepare to match up against stronger players.

“I think that’s part of being versatile, is me being able to do something like that,” Martin said. “You could sit here and say that I’m not a four or a wing or whatever, but I think I’m a basketball player and I adjust to any position. So if the guys need me to play the four, it might look a little bit different. But I’m going to get the job done and I’m going to learn the things I need to pick up on.”

Here’s more on the Heat:

A league source tells Chiang and Barry Jackson of The Miami Herald that initial discussions between the Heat and Nets about a possible Kevin Durant trade were “hot and heavy,” but those talks cooled off when Brooklyn wasn’t satisfied with Miami’s package.
At least one of the Heat’s current two-way players (Mychal Mulder and Javonte Smart) seems likely to be replaced before the season begins, according to Jackson and Chiang, who say the team may be eyeing a power forward to fill a two-way slot.
Addressing the Heat’s free agent moves during a radio appearance on 790 The Ticket, general manager Andy Elisburg said the team recognized it was “unrealistic” to bring back all its free agents due to various Bird rights limitations, but was happy to re-sign Martin, Victor Oladipo, and Dewayne Dedmon. “We hoped to bring back at least one, but certainly two or three of our guys,” Elisburg said, per Ira Winderman of The South Florida Sun Sentinel. “And so, being able to do that, is great.”
In a separate story for The Sun Sentinel, Winderman looks ahead to the Heat’s 2023 cap situation, noting that the team already projects to be over the cap and could reduce its flexibility further if Tyler Herro signs a lucrative new extension.

Jazz Rumors: Mitchell, Sexton, Conley, Vanderbilt, Beverley, More

July 13th, 2022 at 11:02am CST by Luke Adams

The Jazz are reportedly open to listening to trade inquiries on Donovan Mitchell, but that doesn’t mean they’re shopping the All-Star guard or that he’s likely to be moved this offseason, according to reports from Jake Fischer of Bleacher Report and Tony Jones of The Athletic.

Both Fischer and Jones say the Jazz remain focused on keeping Mitchell and building around him, but would consider changing their stance if they get a significant enough trade offer. Fischer suggests such an offer would have to “rival or even surpass” what Utah got for Rudy Gobert.

The front office has been in constant contact with Mitchell’s representatives, according to Jones, who says those conversations have been positive and the 25-year-old hasn’t asked to be dealt. However, Jones acknowledges that the Jazz will likely take a step back in 2022/23 after moving Gobert, and Mitchell “wants to win at a high level,” so the team’s next moves will be crucial.

Fischer likens the situation to James Harden‘s final year in Houston, when the Rockets rebuffed trade offers for P.J. Tucker and made moves to try to convince Harden to stick around, only to see him eventually request a trade. That doesn’t mean Mitchell will take the same path, but some executives around the league believe he and the Jazz are headed for a break-up, whether it happens this offseason or in a year or two.

Although Jones says several other teams have made “serious overtures,” the Knicks have long been viewed as one of the primary suitors for Mitchell. ESPN’s Brian Windhorst said during an appearance on Get Up (video link) that “some people” view it as inevitable that the former lottery pick will ultimately end up in New York.

“New York can offer some combination of multiple picks, RJ Barrett, Obi Toppin and Immanuel Quickley, and that’s probably the benchmark any team is going to have to beat in order to get Donovan Mitchell from the Jazz,” an assistant general manager told Bleacher Report.

The Heat have also been frequently linked to Mitchell, but Andy Larsen of The Salt Lake Tribune says Miami made an offer for the former Louisville standout earlier in the offseason and the Jazz found it “insufficient.”

According to Fischer, who polled about two dozen executives in Las Vegas, Barrett has more trade value than Tyler Herro, Miami’s most logical trade centerpiece, though it’s unclear whether Utah has serious interest in either player — both are expected to be seeking maximum-salary (or near-max) extensions that would begin in 2023/24.

Here’s more on the Jazz:

The Jazz have explored a potential sign-and-trade deal for Collin Sexton that would send Mike Conley to Cleveland, sources tell Bleacher Report. However, Fischer admits that Conley may not fit the Cavaliers‘ roster and suggests that if those talks gain serious traction, another Utah player would probably have to be involved. Conley did generate some interest from the Clippers before they signed John Wall, Fischer adds, but it’s trickier to find a logical landing spot for him at this point.
Leading up to the June 23 draft, the Jazz were looking for first-round picks in the 15-to-25 range for Conley, Bojan Bogdanovic, or Royce O’Neale, Fischer reports. The team ended up moving O’Neale for a 2023 first-rounder.
All of the players the Jazz acquired from Minnesota in the Gobert trade are considered available, Fischer says. “They are open to moving everyone,” one assistant GM told Bleacher Report.
Jarred Vanderbilt and Patrick Beverley are among the players from that Gobert trade who have drawn interest, per Fischer. Sources tell Bleacher Report that the Lakers and Heat are a couple of the teams with some interest in Beverley.

Jazz Willing To Listen To Offers For Donovan Mitchell

July 12th, 2022 at 4:49pm CST by Dana Gauruder

The Jazz are willing to listen to offers for All-Star guard Donovan Mitchell, ESPN’s Adrian Wojnarowski tweets.

Utah had previously turned aside calls regarding Mitchell but is now willing to listen to trade scenarios.

In fact, the Jazz are open to making trades involving anyone on their roster, but Mitchell is obviously the most coveted piece, Wojnarowski adds in a separate tweet.

Following the Rudy Gobert blockbuster with the Timberwolves, reports stated that the Jazz were looking to build around Mitchell. However, it’s not all that surprising Utah may shift gears and go into rebuild mode after the Mitchell-Gobert partnership failed to get the Jazz to a Finals appearance.

ESPN’s Tim MacMahon reported that rival executives had heard Utah executive Danny Ainge isn’t convinced Mitchell can be the face of a contending franchise. GM Justin Zanik didn’t label Mitchell as “untouchable” but made it clear last week that moving the All-Star guard wasn’t part of the team’s current plans.

Earlier last week, ESPN’s Brian Windhorst said that Mitchell wasn’t on the verge of asking for a trade.

Mitchell signed a designated rookie max extension in 2020 and has four years left on his contract ($30.4MM, $32.6MM, $34.8MM and $37.1MM, ESPN’s Bobby Marks notes in a tweet. The last year is a player option.

Despite the addition of Jalen Brunson, the Knicks can be expected to try to put together a package and make a serious offer for Mitchell, sources told Tony Jones of The Athletic (Twitter link). However, the Jazz’s asking price is sky high, Jones adds.

The Heat could be in the mix, too. The Miami Herald’s Anthony Chiang notes that the Heat have avoided triggering a hard cap in their offseason moves in order to keep their options open for a blockbuster deal involving a player such as Mitchell (Twitter link). Miami has made its interest in Mitchell clear to Utah, Ira Winderman of the South Florida Sun Sentinel tweets, with speculation that such a deal would involve Tyler Herro, Duncan Robinson and draft picks.

The Jazz got a major haul for Gobert and presumably would want as much, or more, for Mitchell. He’s averaged 23.9 PPG, 4.5 APG and 4.2 RPG in 345 NBA regular-season contests. He’s also had some big postseason performances, averaging 28.3 PPG, 4.9 APG and 4.2 RPG in 39 playoff games.

Jalen Brunson Signs Four-Year Contract With Knicks

July 12th, 2022 at 3:34pm CST by Luke Adams

JULY 12: Brunson’s deal with the Knicks is official, the team announced on Twitter.

“We are beyond thrilled to add Jalen Brunson to our organization,” said Knicks president Leon Rose. “He’s a competitor, a leader, a play-maker, and most importantly a winner. His addition is a perfect complement to the team that we are building and the culture we are establishing.”

JUNE 30, 8:36am: Brunson has now formally agreed to a four-year, $104MM contract with the Knicks, agents Aaron Mintz and Sam Rose tell ESPN’s Adrian Wojnarowski (Twitter link). The deal will include a fourth-year player option.

JUNE 30, 4:05pm: The Mavericks have been informed that free agent point guard Jalen Brunson intends to sign with the Knicks, a source tells Tim MacMahon of ESPN (Twitter link).

Brunson’s new deal will be worth in the neighborhood of $110MM over four years, according to Shams Charania of The Athletic, who tweets that Dallas didn’t get the opportunity to make a final offer. Marc Stein (Twitter link) hears the contract will be worth about $105MM, plus incentives.

The meeting that Brunson had set with the Mavericks in New York City at the start of free agency is no longer taking place, according to Stein (Twitter link). A report last night suggested that Brunson would meet with the Knicks, Mavericks, and Heat at the start of free agency, but word broke earlier today that the meeting with Miami wasn’t happening either.

Brunson, 25, appeared in 79 regular season games last season (31.9 MPG), averaging 16.3 PPG, 3.9 RPG and 4.8 APG on .502/.373/.840 shooting. He also posted a 3:1 assist-to-turnover ratio, considered a strong benchmark for a ball-handler.

Brunson also excelled with a larger role in the postseason, averaging 21.6 PPG, 4.6 RPG and 3.7 APG on .466/.347/.800 shooting in 18 games (34.9 MPG). He led the team to back-to-back first-round victories over Utah in the absence of injured star Luka Doncic, scoring 41 points and 31 points, respectively.

Despite his strong performances last season, Brunson isn’t without flaws. He’s only 6’1″ and although he’s strong, he’s not the best athlete, which limits his defensive versatility.

The Knicks and Brunson have been linked to one another for months. As has been repeated ad nauseam, Knicks president of basketball operations Leon Rose is Brunson’s former agent, Rose’s son Sam Rose is Brunson’s current agent, and Brunson’s father Rick Brunson was recently hired as a Knicks assistant.

Chris Mannix of Sports Illustrated previously reported that part of the Knicks’ pitch to Brunson is the ability to be the full-time starting point guard. In Dallas, he’s more of a secondary option at the position, with Doncic running the show.

The Mavericks had long projected confidence in their ability to re-sign Brunson, but that confidence had waned considerably over the past week or so. They held his Bird Rights, giving them the ability to offer more years (five) and money than other teams, but reportedly were only willing to go as high as $106MM over five years, which is obviously considerably less annually than the Knicks are offering.

Dallas projects to be far over the salary cap, limiting the team’s ability to secure an adequate replacement for Brunson. However, Stein reports (via Twitter) that the Mavs aren’t expected to immediately pursue a replacement, instead relying on incumbent guards Spencer Dinwiddie and Tim Hardaway Jr. for backcourt depth.

Hardway missed about half the season, including the postseason, but he should be healthy for 2022/23, Stein notes. Dallas eventually plans to go after veteran guard Goran Dragic once the team pursues higher priority targets, including wings and frontcourt players, per Stein.

It’s worth noting that reports two days ago said the Knicks were expected to land Brunson on the terms outlined above, and now his commitment to New York has all but been finalized before free agency officially opens, so it’s possible the Knicks will face a tampering investigation in the future.

Southeast Notes: Smart, Mulder, Herro, Banchero, Wizards

July 12th, 2022 at 12:00pm CST by Arthur Hill

Heat guards Javonte Smart and Mychal Mulder are working to expand their games in Summer League as they try to hang on to their two-way contracts, writes Anthony Chiang of The Miami Herald. Smart, a natural scorer who averaged 21.1 PPG in G League competition last season, is focused on becoming a better play-maker. Mulder is a three-point specialist who is attempting to become more well-rounded.

“You’re always looking at how guys may develop into something,” Summer League head coach Malik Allen said. “But you got to be able to do the little things because in order to play with Bam [Adebayo], Jimmy [Butler] and Kyle [Lowry], you got to be able to contribute in those ways. And those guys are going to hold your feet to the fire if you do get that opportunity. If the opportunity does come in December or January.

Marcus Garrett, who held a two-way contract with Miami before undergoing wrist surgery in January, is among the threats to Smart and Mulder. Garrett returned to action over the weekend, playing for the first time in more than six months. Chiang mentions rookie center Orlando Robinson as another two-way candidate.

There’s more from the Southeast Division:

Tyler Herro isn’t bothered by Heat president Pat Riley‘s stance that he needs to earn his way into the starting lineup, per Ira Winderman of The Sun Sentinel. Riley’s comments came in response to Herro saying he wants to be a starter after winning Sixth Man of the Year honors. “He continues to give me advice,” Herro said when asked about Riley. “Every time I talk to him, he always gives me a new book to read.”
After two strong showings, Magic forward Paolo Banchero will be shut down for the rest of Summer League, according to ESPN. The No. 1 pick averaged 20.0 points, 6.0 rebounds and 5.0 assists, leading Orlando to a pair of victories. In an interview with ESPN (video link), Banchero said his goal for his rookie season is to “affect the Magic in a winning way.”
David Aldridge of The Athletic examines the Wizards‘ chances of building a contending team around Bradley Beal now that he has a five-year max contract.

Nets Notes: Irving, Simmons, Durant, Sumner, Claxton, Gray

July 11th, 2022 at 4:01pm CST by Luke Adams

Nets wing Cam Thomas isn’t letting the drama surrounding Kyrie Irving affect his outlook for the 2022/23 season and said this weekend that he won’t think any less of his star teammate if Kyrie pushes to be traded elsewhere, per Brian Lewis of The New York Post. Irving has been spotted at multiple Las Vegas Summer League games, but didn’t attend the Nets’ contests on Friday or Sunday.

“Kyrie’s my guy. Whatever’s his choices, that’s a choice,” Thomas said. “So I still keep in contact with him. That’s my guy. So whatever he does, that’ll still be my guy, my brother. So, it is what it is; it’s part of the business.”

While Thomas said he wasn’t bothered by Irving not showing up to the Nets’ Summer League games, he did praise three-time All-Star Ben Simmons for coming out to watch some of his young teammates on Sunday vs. Philadelphia.

“Yeah that’s big to have somebody of that stature come out and support us as the young guys. That makes us feel good. It makes us happy to play,” Thomas said. “So kudos to Ben for coming out here and watching us play.”

Here’s more on the Nets:

Nets general manager Sean Marks and Heat GM Andy Elisburg were seen talking in Las Vegas on Monday, according to Barry Jackson of The Miami Herald (Twitter links), who says the two GMs are “going beyond cursory conversation” by dining together. Miami is, of course, considered one of Kevin Durant‘s preferred landing spots, so any discussions between the two front offices are worth keeping an eye on.
The new contract Edmond Sumner signed with the Nets is a two-year, minimum-salary contract, according to Michael Scotto of HoopsHype, who tweets that the second year is non-guaranteed.
Nic Claxton‘s new two-year contract with Brooklyn, initially reported to be worth $20MM, actually has a base value of $17.25MM, tweets Keith Smith of Spotrac. The deal includes $2,587,500 in total unlikely incentives, so if Claxton earns all those bonuses, he could end up making nearly $20MM across the two seasons.
A second-round pick in 2021, forward RaiQuan Gray signed a G League contract and spent his rookie season with the Long Island Nets in the G League, so Brooklyn still controls his NBA rights. As Lewis writes for The New York Post, Gray has worked hard to get into better shape and show the Nets that he deserves a shot at an NBA roster spot this fall.

Heat Notes: Garrett, Mulder, Yurtseven, Jovic

July 10th, 2022 at 9:52am CST by Arthur Hill

Saturday’s Summer League contest marked the first game in more than six months for Heat guard Marcus Garrett, who underwent season-ending wrist surgery in January, writes Anthony Chiang of The Miami Herald. Garrett recently received medical clearance to start playing again and didn’t take part in any of Miami’s games in the California Classic.

Garrett earned a two-way contract last summer and appeared in 12 games before the injury. He’s an effective defender with a 6’10” wingspan, but Chiang says he’ll have to prove he can contribute enough on offense to earn another chance with the Heat.

“It was great to see him back there,” Summer League coach Malik Allen said. “When he gets between those lines, he’s a tough competitor and obviously he lifted us up. It was just great to have him back.”

There’s more on the Heat:

After struggling with his three-point shot in California, Mychal Mulder bounced back with a 5-of-8 performance in his first game in Las Vegas. Mulder currently holds one of Miami’s two-way slots, but Chang notes that he’ll have to show he can be a reliable outside shooter to remain on the roster. “He was due,” Allen said. “But the big thing with Mike was, he really did make a lot of great plays. That’s what I just kind of kept stressing to him. I know he wanted some shots to fall, but he’s made some really great plays for us.”
The Heat aren’t sure if Omer Yurtseven will see any Summer League action because of a quad injury he suffered with the Turkish national team, Chiang adds in a separate story. Yurtseven, who’s entering the final season of his two-year contract, flew to Las Vegas after helping Turkey win a World Cup qualifier last Sunday. “I do want to play. That’s the reason I’m here,” he said. “I’m just here to pretty much get better and I think playing is the best way to do it.”
Miami is still experimenting with the best Summer League role for first-round pick Nikola Jovic, per Ira Winderman of The Sun Sentinel.

Contract Details: Booker, Towns, Magic, Oladipo, Anderson, Hardy

July 9th, 2022 at 4:58pm CST by Luke Adams

The new super-max extensions for Suns guard Devin Booker and Timberwolves big man Karl-Anthony Towns each come with a different perk.

Booker’s deal includes a 10% trade kicker, but is fully guaranteed for all four years, with no player option in 2027/28.

Towns’ new contract, conversely, doesn’t feature a trade kicker, but has a fourth-year player option, giving Towns the ability to opt out and reach free agency in 2027.

Here are several more contract details from around the NBA:

Both Mohamed Bamba and Bol Bol received one guaranteed season and one non-guaranteed season on their new two-year contracts with the Magic. Bamba has matching cap hits of $10.3MM on his deal, while Bol’s cap hits are $2.2MM apiece.
Victor Oladipo‘s reworked two-year deal with the Heat came in at $18.2MM in total. It’s worth $8.75MM in 2022/23, with a $9.45MM player option for ’23/24.
As previously reported, Kyle Anderson‘s two-year contract with the Timberwolves is worth exactly $18MM. It features a first-year salary of $8,780,488 and a 5% raise to $9,219,512 for 2023/24.
Jaden Hardy‘s three-year contract with the Mavericks is, as expected, worth the minimum in all three seasons. It’s fully guaranteed in the first two years, with a partial guarantee of $400K in year three.

Contract Details: Drummond, Jones, LaVine, Cancar, Martin, Nurkic

July 9th, 2022 at 2:20pm CST by Luke Adams

The two-year contracts that Andre Drummond and Derrick Jones signed with the Bulls have virtually identical terms. Both players will earn guaranteed $3.2MM salaries in 2022/23, with $3.36MM player options for the ’23/24 season, Hoops Rumors has learned. The only real difference between the two deals is how the Bulls completed them — Drummond received a portion of the non-taxpayer mid-level exception, while Jones was re-signed using his Non-Bird rights.

Here are more details on recently signed contracts from around the NBA:

Zach LaVine‘s five-year, maximum-salary contract with the Bulls includes a 15% trade kicker, Hoops Rumors has learned. For 2022/23, at least, that kicker will be inconsequential since LaVine is already earning the max, but it could be a factor later in his deal if the annual salary cap increases outpace his annual 8% raises.
Vlatko Cancar‘s three-year contract with the Nuggets features matching $2,234,359 cap hits in each of the first two seasons, plus a $2,346,606 team option for 2024/25. The first two years are guaranteed.
Heat forward Caleb Martin received a starting salary of $6,479,000, which is the full portion of the taxpayer mid-level exception. Miami remains below the tax apron, so the team can use the rest of the non-taxpayer MLE (approximately $4MM more) if it so chooses. Martin also got a third-year player option and a 15% trade kicker on his new three-year deal.
Jusuf Nurkic‘s four-year, $70MM contract with the Trail Blazers is fully guaranteed and is structured with standard 8% annual raises. It starts at $15,625,000 in 2022/23 and increases to $19,375,000 by year four in ’25/26.

Heat Notes: Oladipo, Roster, Tax, Two-Way Slots

July 8th, 2022 at 10:45am CST by Luke Adams

After re-signing with the Heat this week, Victor Oladipo told reporters, including Ira Winderman of The South Florida Sun Sentinel, that he felt during free agency as if teams were hesitant to pursue him too aggressively due to his injury history.

“It kind of seemed like a lot of people were kind of shying away from me,” Oladipo said.

Oladipo didn’t look quite like his old All-Star self following his return to the court near the end of the 2021/22 season, but he showed flashes of that form — and, as Winderman relays, the 30-year-old thinks that was just the beginning.

“I truly believe that I can be better than I was,” Oladipo said. “That may sound crazy to everyone, but I’d rather have that mentality and I can live with the results after that, because I’m going to push myself to be that.

“I think the biggest goal for me is just to show everyone that I’m healthy and I can play a whole year and also to show everyone that I’m one of the best players in this league. So everything else will take care of itself, and that’s what I’m focused on.”

Here’s more on the Heat:

After restructuring Oladipo’s new contract agreement, the Heat will be able to sign a 14th player to a minimum-salary contract while remaining about $200K below the luxury tax line, Winderman writes in a separate story for The Sun Sentinel. While the team has some options with that 14th roster spot, it could be as simple as re-signing Udonis Haslem, if the veteran big man wants to continue his playing career.
With limited roster and cap flexibility remaining, the Heat appear content, at least for the time being, to run it back in 2022/23, writes Anthony Chiang of The Miami Herald. As Chiang notes, besides replacing free agent forward P.J. Tucker with first-round pick Nikola Jovic, Miami’s roster remains essentially unchanged from the end of last season.
While Javonte Smart and Mychal Mulder currently hold the Heat’s two-way contracts, the team would be open to making a change if one of its camp invitees makes a strong impression, according to Chiang. Undrafted Fresno State big man Orlando Robinson was the first player to sign an Exhibit 10 contract with Miami this offseason, but he likely won’t be the last.