Miami Heat Rumors | Hoops Rumors

Victor Oladipo Declines Extension From Rockets

February 28th, 2021 at 6:38pm CST by JD Shaw

Rockets guard Victor Oladipo has turned down a two-year, $45.2MM contract extension from the franchise, according to ESPN’s Adrian Wojnarowski.

Due to extend-and-trade restrictions, that two-year offer is the most lucrative deal the Rockets could give to Oladipo prior to the offseason, and the fact that he turned it down is unsurprising — before he was dealt to Houston, the 28-year-old reportedly declined an extension offer from the Pacers that would have started at $25MM.

Oladipo, who has long expressed a preference to reach free agency, is seeking a longer-term contract, according to Wojnarowski. Houston will need to decide whether to keep him past the March 25 trade deadline.

Oladipo started the season with the Pacers and was dealt to Houston in January as part of the multi-team trade featuring James Harden. He’s averaged 18.9 points, 4.9 rebounds and 4.8 assists in 13 games with the Rockets this season, shooting 39% from the floor and 29.5% from deep in those contests.

As Wojnarowski notes, the Heat and Knicks are among the teams who have expressed interest in Oladipo. Both teams would have the cap space to sign the two-time All-Star outright in free agency.

Dragic Could Return At Reduced Salary

February 27th, 2021 at 3:59pm CST by Dana Gauruder

Goran Dragic has shown he can remain a rotation player beyond this season, so the Heat might be inclined to retain the veteran point guard this offseason at the right price, Ira Winderman of the South Florida Sun Sentinel speculates. Miami holds a $19.44MM option on Dragic’s contract for next season, which it will almost certainly decline. However, the front office could ask him to return for one of its smaller exceptions.

Sixers, Heat, Clippers Considered Potential Suitors For Lowry

February 25th, 2021 at 9:42am CST by Luke Adams

The Raptors have told point guard Kyle Lowry they’d be open to the possibility of trading him to a preferred destination as long as they can get something of value in return, sources tell Keith Pompey of The Philadelphia Inquirer.

According to one of Pompey’s sources, the Raptors want to reward Lowry for his long, decorated tenure with the franchise by giving him an opportunity to win another NBA championship. The Raptors, who have lost several key pieces from their 2019 title team and are just 16-17 so far this season, may not be in position to give him that opportunity themselves.

Pompey reports that the Sixers, Heat, and Clippers would be among the possible suitors for Lowry if the Raptors make him available. One source tells The Inquirer that Lowry would have interest in playing in his hometown of Philadelphia; that source believes the 76ers and Raptors may be able to get something done.

Lowry is earning $30.5MM this season, so a team that wants to acquire him would have to send out at least $24.32MM in matching salary. Presumably, if the Sixers made a play for the veteran guard, they’d want to keep their veteran core of Joel Embiid, Ben Simmons, and Tobias Harris intact, meaning a package may have to start with Danny Green‘s and Mike Scott‘s expiring contracts for matching purposes.

The Heat have a few expiring contracts that could be used for matching. The Raptors would have to be willing to take on some multiyear money in order to make a deal with the Clippers.

Toronto would likely ask for some combination of draft assets and/or young players in exchange for Lowry, a six-time All-Star who continues to make a two-way impact on the court. Pompey suggests that any team acquiring the 34-year-old would probably have to be comfortable with re-signing him when his contract expires this offseason. Sources tell Pompey that Lowry wants to play at least two more seasons and may seek a salary similar to his current $30MM rate this summer.

Despite their sub-.500 record, the Raptors are currently the No. 5 seed in the East. If they hold steady or climb into the top four, they likely won’t be eager to be sellers at the trade deadline. However, they’ve played well even without Lowry in the lineup and could remain competitive if they acquire one or two players who are ready to contribute immediately. Based on Pompey’s report, it sounds like Toronto is open to working with the longtime face of the franchise if he prefers to join a team closer to title contention.

Heat Interested In DeMarcus Cousins, Other Frontcourt Players

February 24th, 2021 at 9:53pm CST by Arthur Hill

DeMarcus Cousins, who was released by the Rockets earlier this week, is one of several additions the Heat are considering for their frontcourt, a source tells Barry Jackson of The Miami Herald. Cousins is expected to clear waivers at 5 pm Eastern Time on Thursday, making him a free agent.

Jackson’s source identifies four other players Miami is targeting if they become available. That group includes Spurs forward Rudy Gay, Kings forward Nemanja Bjelica and Rockets forward P.J. Tucker, The Heat are also monitoring Pistons forward Blake Griffin, but they wouldn’t take on his contract, which includes a $38.96MM player option for next season, and will only try to sign him if he is released.

Jackson adds that Miami’s front office is doing “due diligence” on all those players and it’s not clear who the preference is.

The most intriguing option may be Cousins, a six-time All-Star who tried to revive his career in Houston after back-to-back Achilles and ACL injuries. He averaged 9.6 points, 7.6 rebounds and 2.3 assists in 25 games for the Rockets and was most effective as a backup. His lack of mobility became a more pronounced issue when he was moved into the starting lineup after an injury to Christian Wood.

Miami tried to sign Cousins in 2019, Jackson notes, but he opted for the Lakers. Cousins is also expected to consider the Raptors, Celtics and Warriors, according to Jackson.

Jackson believes Gay would be used in the same role as Jae Crowder, who left Miami to sign with the Suns in November. It’s not certain that San Antonio wants to part with Gay, who makes $14.5MM on an expiring contract, but Jackson notes that an offer of Kelly Olynyk would work under the cap, as would the combination of Avery Bradley and Meyers Leonard, who is out for the season after shoulder surgery.

Heat Increasing Fan Capacity

February 23rd, 2021 at 11:10pm CST by Alex Kirschenbaum

The Heat are doubling the allowed fan capacity for their home court, AmericanAirlines Arena, from 1,5000 fans to 3,000 people starting with a game tomorrow against the Raptors, according to Anthony Chiang of the Miami Herald.

Rockets Waive DeMarcus Cousins

February 23rd, 2021 at 2:55pm CST by Luke Adams

2:55pm: The Rockets have officially waived Cousins, according to Jonathan Feigen of The Houston Chronicle (Twitter link).

7:56am: The Rockets have decided to release veteran center DeMarcus Cousins, sources tell Shams Charania of The Athletic (Twitter link). Assuming he clears waivers, Cousins will become an unrestricted free agent and will be able to sign with any team.

Houston and Cousins’ representatives reportedly decided over the weekend to end the relationship, with the Rockets said to be going younger and smaller in their frontcourt. The team explored the trade market in an attempt to get something in return for the 30-year-old, but today’s update suggests there were no deals out there worth making.

While he had a few big games for the Rockets, Cousins – who is coming off a series of major leg injuries, including a torn ACL – hasn’t looked like his old All-Star self this season, averaging just 9.6 PPG and 7.6 RPG on 37.6% shooting in 25 games (20.2 MPG). His limited mobility also reduced his effectiveness on the defensive end.

In a show of good will, the Rockets guaranteed Cousins’ full-season salary last week, so any team mulling a waiver claim on the big man would have to be comfortable taking on his full $1.62MM cap hit. If he clears waivers and signs a new minimum-salary contract, that deal would only be worth a prorated portion of the veteran’s minimum, while Houston would carry $1.62MM in dead money.

Cousins should generate some interest around the NBA as a backup frontcourt scorer, but it’s unclear which team might emerge as his top suitor. Although the Lakers had him on their roster last season as he recovered from his ACL tear and will have two open roster spots, multiple people with knowledge of the situation said they don’t expect a reunion between L.A. and Cousins, according to Dan Woike and Broderick Turner of The Los Angeles Times.

Cousins reportedly has some interest in the Heat, but it remains to be seen how seriously Miami will reciprocate that interest.

Once Cousins officially hits waivers, the Rockets will have an open spot on their 15-man roster.

Photo courtesy of USA Today Sports Images.

Heat Granted Disabled Player Exception For Leonard

February 23rd, 2021 at 1:46pm CST by Luke Adams

The Heat have been granted a disabled player exception as a result of Meyers Leonard‘s season-ending shoulder injury, reports Shams Charania of The Athletic (Twitter link).

A salary cap exception designed to give teams extra flexibility when a player suffers a major injury, the disabled player exception can be used to sign a free agent, to claim a player off waivers, or to acquire a player in a trade. The exception can only be used on a single player and can only accommodate a player on a one-year deal. A free agent signee can’t get a multiyear contract, and any trade or waiver target must be in the final year of his contract.

Miami’s new DPE has a value of $4.7MM – half of Leonard’s $9.4MM salary for 2020/21 – so any player signed or acquired with the exception can’t be earning more than that amount (plus $100K). The deadline to use it is April 19.

The Heat used their full mid-level exception during the offseason to sign Avery Bradley and Maurice Harkless, but still have their $3.6MM bi-annual exception, along with a $7.5MM trade exception that expires on March 22, so they have a few options available if they want to target a player in free agency or on the trade market.

Miami does, however, currently have 15 players on guaranteed contracts, and none of those exceptions – including the DPE – allow the team to add an extra player to its 15-man roster. So in order to use any of their exceptions, the Heat will have to trade or release one of their current players.

Heat Notes: Nunn, Cousins, Iguodala, Front Office

February 21st, 2021 at 7:37pm CST by JD Shaw

The Heat have benefited from Kendrick Nunn‘s ability to stay ready, Khobi Price of The Sun Sentinel writes. Nunn poured in 27 points, five rebounds, three assists, two steals and one block in the team’s win over the Lakers on Saturday, making an impact on both ends of the court.

“I’m just in rhythm,” Nunn acknowledged. “I’m just in the flow of the game. Just being in the right position at the right time and just being hard to guard.”

The second-year guard also shot 10-of-14 from the field and 5-of-6 from deep in the outing, stepping up in the continued absence of Goran Dragic (ankle).

“We know what he’s capable of, especially on the offensive end,” teammate Jimmy Butler said of Nunn. “He’s been playing great defense too. He’s always ready and I give him props for that.”

There’s more out of Miami tonight:

Ira Winderman of The Sun Sentinel explores whether adding DeMarcus Cousins would make sense for the team. Cousins would likely serve as the club’s backup center with the chance to compete for a starting role, which in turn could make big man Kelly Olynyk more expendable in a potential trade for a starting power forward. The Heat have yet to replace versatile starter Jae Crowder, who left the team in free agency last offseason.
Winderman examines in a separate story whether the contracts of Nunn and Andre Iguodala could facilitate a trade before the March 25 deadline. Nunn has raised his trade value in recent weeks, while Iguodala is a former Finals MVP who could be added as a salary-filler in any deal.
Barry Jackson of the Miami Herald examines the team’s front office and some questionable decisions made prior to the 2020/21 season. Miami made an effort to preserve its salary-cap space for the summer of 2021 (and potentially pursue Giannis Antetokounmpo), choosing not to offer Crowder or Derrick Jones Jr. multiyear deals. Antetokounmpo announced a short time later that he’d sign a five-year, $228MM super-max contract extension to remain with the Bucks.

Latest On DeMarcus Cousins

February 20th, 2021 at 7:55pm CST by Arthur Hill

DeMarcus Cousins‘ diminished mobility, brought on by back-to-back Achilles and ACL injuries, is behind the Rockets‘ decision to cut ties with him in the next few days, according to Kelly Iko of The Athletic.

Cousins had been filling the role the team envisioned when it signed him, Iko adds, serving as a backup to starting center Christian Wood and spacing the offense while playing in short bursts. However, an ankle injury that has kept Wood off the court since February 4 pushed Cousins into a starting role that he wasn’t ready to handle.

Coach Stephen Silas is working to build a defensive identity in his first season in Houston, and Cousins’ inability to cover ground was getting in the way. With Cousins defending, opponents were shooting an incredible 63.4% on shots from six feet and closer.

Silas liked Cousins and the veteran presence he brought to the locker room, Iko writes. Several young players sought advice from him, especially rookie Jae’Sean Tate. But Cousins’ inability to handle more minutes convinced the team that it needs to go in a different direction at center.

There’s more on the Cousins situation:

The Rockets will be forced to re-run last year’s small-ball experiment until Wood is ready to return, Iko notes in the same story. Justin Patton, who signed a two-way deal on Friday, could see some playing time, and Houston will consider the free agent market, with Dewayne Dedmon and Ersan Ilyasova as possibilities.
The Lakers will be among the teams to pursue Cousins, sources tell Kevin O’Connor of the Ringer (Twitter link). He adds that sources expect the market for Cousins to be limited because of his struggles so far, but the 30-year-old offers significant upside for any team that needs depth in the frontcourt. Cousins signed with the Lakers last season, but wasn’t able to play because of an ACL injury.
Cousins would consider joining the Heat if he reaches free agency, tweets Tim Reynolds of The Associated Press. A source confirms Cousins’ interest.
The Raptors could use help at center, but Josh Lewenberg of TSN Sports doesn’t expect them to make a play for Cousins (Twitter link). He notes that Toronto opted to sign Aron Baynes and Alex Len during the offseason when Cousins was available.

Jimmy Butler Talks Heat Struggles, COVID-19 Battle

February 20th, 2021 at 10:18am CST by marksuleymanov

After a rash of injuries to key players and inconsistent play, the Heat own a 12-17 record, a far cry from last season when the team made the NBA Finals. As Miami prepares for an NBA Finals rematch against the Lakers on Saturday, superstar Jimmy Butler discussed the team’s 2020/21 season.

Speaking to ESPN’s Rachel Nichols on The Jump, Butler discussed the Heat’s “terrible” play thus far, as well as his confidence that the team will things around. At 12-17, Miami occupies the 10th seed in the Eastern Conference but is just 1.5 games from the eighth seed. Butler expressed optimism for the remainder of the season and also covered his battle with COVID-19.

Butler’s assessment on the Heat’s performance this season:

“Terrible. Terrible. Just terrible. Not the way we say we want to play. Not the way we’re supposed to be playing. But it’s OK, because we will turn it around. And like the saying says, better late than never.”

Butler on Miami’s ability to turn things around:

“We know what adversity is. We’re supposed to be better. We’re supposed to get better and bring everybody up with us. Maybe here and there we’ve forgotten that. We will get back to it, though. I promise you that. We will.”

Butler on his fight with COVID-19 earlier this year:

“Yeah, it’s scary. Don’t believe reports of me losing 12 pounds, either, ‘cause that’s not the case. I had a light headache, and I felt like I was ready to go. I wanted to compete. Obviously, you cannot do that. But it didn’t hit me that hard.”