Miami Heat Rumors | Hoops Rumors

Heat Re-Sign Goran Dragic

November 20th, 2020 at 5:05pm CST by JD Shaw

NOVEMBER 22: The first free agent to reach a deal on Friday has now officially signed his new contract, as the Heat issued a press release confirming Dragic’s deal.

“It was essential for us to bring Goran back,” Heat president Pat Riley said in a statement. “He is part of our team, part of our culture and part of our family. He provides backcourt veteran leadership and can still play at a very high level. I’m glad to have him back in the fold.”

NOVEMBER 20: The Heat are re-signing free agent point guard Goran Dragic, he announced on social media today. The deal is a two-year agreement with a team option in the second season, Tim Reynolds of the Associated Press tweets.

Shams Charania of The Athletic adds (via Twitter) that the agreement is worth $37.4MM, while Anthony Chiang of the Miami Herald reports that the deal will pay Dragic $18MM in 2020-21 and $19.5MM in 2020-21.

Dragic, 34, will enter his seventh campaign with the Heat. He was originally acquired via trade back in 2015, mostly serving as starting point guard ever since.

Dragic was a key cog in Miami’s postseason run this year, averaging 19.1 points and 4.4 assists per game. He also shot 44% from the field and 35% from behind-the-arc during those games, proving his worth as a veteran piece on the court and off.

The Heat also agreed to re-sign Meyers Leonard early in free agency. Miami strategically included team options in both players’ deals, working to preserve salary-cap space for the summer of 2021.

Photo courtesy of USA Today Sports Images.

Heat’s Gabe Vincent Signs Two-Way Qualifying Offer

November 20th, 2020 at 4:46pm CST by Luke Adams

Heat two-way player Gabe Vincent has signed his qualifying offer, according to the team (Twitter link).

The qualifying offer is a one-year, two-way contract with a $50K guarantee. So Vincent has secured that modest guarantee and currently occupies one of Miami’s two-way slots, though it wouldn’t be expensive for the team to eventually replace him with another two-way player if it so chooses.

Vincent was the G League’s Most Improved Player in 2019/20, averaging 20.9 PPG and making 40.3% of an impressive 10.3 three-point attempts per game in 31 contests for the Sioux Falls Skyforce. He saw limited action for the Heat in nine games at the NBA level.

Free Agent Rumors: Bogdanovic, VanVleet, Augustin, Thompson

November 20th, 2020 at 2:03pm CST by Luke Adams

Now that Bogdan Bogdanovic has re-emerged as a free agent option for teams outside of Milwaukee, the RFA swingman and his representatives are expected to take meetings when free agency opens, according to Sam Amick and Eric Nehm of The Athletic, who say that the Hawks and Lakers are known to have interest.

Amick and Nehm suggest it’s “widely known” that Bucks star Giannis Antetokounmpo had been recruiting Bogdanovic to Milwaukee. Since it seems that union won’t happen, teams hoping to eventually lure Giannis away from the Bucks will probably become a little more interested in Bogdanovic, according to The Athletic’s duo, who mention the Mavericks and Heat as a couple of those clubs.

Here’s more on free agency:

Stefan Bondy of The New York Daily News tweets that he has consistently heard the Raptors‘ goal is to re-sign Fred VanVleet on a Malcolm Brogdon-type contract. Brogdon’s four-year, $85MM deal was cited way back in August as a probable market-setter for VanVleet’s new contract.
The Suns have reached out to D.J. Augustin, who is also drawing real interest from the Bucks, according to John Gambadoro of Arizona Sports 98.7 (Twitter link). Gambadoro adds that the veteran point guard is likely to accept the best offer he receives.
Even after winning a championship, the Lakers aren’t content to be passive in free agency, says general manager Rob Pelinka. As Dave McMenamin of ESPN relays, Pelinka vows his club will be “aggressive” as it looks to continue making upgrades. “We’re not going to just sit back and not expect others who are in position to try to better their roster or better their teams,” Pelinka said. “So we have to stay aggressive. I think the danger of winning is complacency, and I won’t — we won’t allow that to creep in here. We’re going to try to improve our team and put Coach (Frank) Vogel and his staff in the best possible position to defend.”
The Lakers would love to land Tristan Thompson in free agency, according to Chris Mannix of SI.com. Mannix says the Raptors are also expected to express interest in Thompson, though Michael Grange of Sportsnet.ca (Twitter link) hears Toronto hasn’t reached out to the Canadian center yet.

Bradley Beal Is Clear Heat Target For 2021, Riley Wants To Re-Sign Major Free Agents

November 19th, 2020 at 9:57pm CST by Alex Kirschenbaum

27-year-old star Wizards shooting guard Bradley Beal has become the clear second star target for the Heat behind reigning MVP Giannis Antetokounmpo, according to Barry Jackson of The Miami Herald.

A two-time All-Star for Washington, Beal averaged 30.5 PPG, 6.1 APG, and 4.2 RPG for a depleted Wizards club last year. He also sported a great shooting slash line of .455/.353/.842. The Heat hope to have enough cap space to sign a max free agent in 2021. Though the Heat could offer a pricey contract extension to emergent All-Star power forward/center Bam Adebayo during the offseason, doing so now instead of waiting until the 2021 offseason could complicate their cap space next summer.

Beal won’t reach free agency until at least 2022, but the Heat have strong interest in trading for him if he expresses dissatisfaction in Washington and the Wizards make him available, according to Jackson, who says “all parties are aware of that.”

When asked about his plans for the 2020/21 season, Heat team president Pat Riley appeared to indicate that he would be interested in retaining most of the team’s key free agents, per Tim Reynolds of The Associated Press (Twitter link). “I’d like to run this thing back,” Riley said.

QO Updates: Wanamaker, Hernangomez, Fall, Chiozza, More

November 19th, 2020 at 4:39pm CST by Luke Adams

The Celtics won’t be making a qualifying offer to guard Brad Wanamaker, according to Adrian Wojnarowski of ESPN (Twitter link). The decision will ensure that Wanamaker becomes an unrestricted free agent on Friday, rather than an RFA.

The decision is a little surprising, as Wanamaker’s QO would only have been worth about $1.82MM. And he was a fairly reliable bench contributor in Boston in 2019/20, averaging 6.9 PPG and 2.5 APG on .448/.363/.926 shooting in 71 games (19.3 MPG). However, with Aaron Nesmith and Payton Pritchard entering the mix, the Celtics don’t have a ton of roster spots to go around.

There’s still a chance that Wanamaker could return to the Celtics, particularly if Gordon Hayward ends up elsewhere, tweets Adam Himmelsbach of The Boston Globe.

Here are several more updates on qualifying offer decisions from around the NBA:

The Timberwolves, as expected, tendered a qualifying offer to power forward Juan Hernangomez, making him a restricted free agent, per Michael Scotto of HoopsHype (Twitter link). That QO is worth about $4.6MM. Hernangomez could accept it, but is more likely to try to negotiate a new, longer-term deal with Minnesota.
The Celtics extended qualifying offers to both of their two-way players, Tacko Fall and Tremont Waters, the team announced in a press release. Those QOs are for new two-way deals with $50K guarantees.
The Pacers won’t extend qualifying offers to big man Alize Johnson or two-way players Brian Bowen and Naz Mitrou-Long, tweets Scotto. All three players will become unrestricted free agents.
Among other two-way players, Nets guard Chris Chiozza will receive a qualifying offer, but Pelicans guard Josh Gray won’t, according to Scotto (Twitter links). The Heat also won’t send a QO to two-way player Kyle Alexander, tweets Ira Winderman of The South Florida Sun Sentinel.

Free Agency Notes: Heat, Gibson, Beasley, Millsap

November 19th, 2020 at 2:53pm CST by Luke Adams

Heat president Pat Riley provided a major hint on his free agency plans during his post-draft availability on Wednesday night, according to Tim Reynolds of The Associated Press, who tweets that Riley said he hopes to “run this thing back.”

The Heat can essentially go one of two directions this weekend. One direction is renouncing most of their own free agents and opening up cap room to pursue outside FAs. The other is remaining over the cap and making an effort to bring back several of their own free agents, starting with Jae Crowder and Goran Dragic. It sounds like Riley is prepared to take the latter path.

Here’s more on free agency:

Although the Knicks waived Taj Gibson and turned down Bobby Portis‘ option, Ian Begley of SNY.tv (Twitter link) hears that the team still has some mutual interest with both players, who could return on more modest salaries. Darren Wolfson of 5 Eyewitness News suggests (via Twitter) that the Suns, Clippers, and Warriors are among the other clubs to watch for Gibson.
Timberwolves president of basketball operations Gersson Rosas said today during an appearance on The Chad Hartman Show in Minnesota that drafting Anthony Edwards doesn’t mean the team doesn’t plan to re-sign Malik Beasley. “We hope that relationship (with Beasley) continues,” Rosas said (Twitter link via Dane Moore of News Talk 830 WCCO). Wolfson (via Twitter) thinks that the Wolves and Beasley could work out a two-year deal.
Paul Millsap plans to weigh his options at the start of free agency and see what kind of market develops before making a decision, tweets Mike Singer of The Denver Post. No deal is imminent yet for Millsap, who is expected to receive interest from the Nuggets and Trail Blazers, among others.
Suns GM James Jones said on Wednesday night that his front office will be looking for “Suns fits” in free agency, as Duane Rankin of The Arizona Republic writes. “I feel really good about our ability to build on the rest of our roster,” Jones said.

Raptors’ Boucher Among Players Receiving Qualifying Offers

November 19th, 2020 at 1:45pm CST by Luke Adams

Raptors big man Chris Boucher is receiving a qualifying offer from the team, reports Michael Scotto of HoopsHype (Twitter link).

The QO, which is worth just shy of $2MM, will make Boucher a restricted free agent this offseason. As long as that offer remains in place, he’ll have the option of accepting it and playing out the season in Toronto, or negotiating a new contract with the Raptors or another team. If he signs an offer sheet with a rival suitor, the Raps would have the opportunity to match it.

Unlike his teammate, Raptors wing Malcolm Miller won’t be getting a $2MM qualifying offer, tweets Blake Murphy of The Athletic. Instead of becoming a restricted free agent, Miller will be unrestricted, free to sign outright with any team.

Here are a few more updates on qualifying offers being issued across the NBA:

The Kings extended a qualifying offer to two-way player DaQuan Jeffries, according to Jason Jones of The Athletic, who tweets that Sacramento coaches like Jeffries’ defense and energy. Jeffries’ QO will be another two-way deal with a $50K guarantee.
The Wizards have made a qualifying offer to two-way shooting guard Garrison Mathews, per Fred Katz of The Athletic (Twitter link). Matthews averaged 5.4 PPG with an impressive .413 3PT% in 18 games (12.6 MPG) for Washington as a rookie. His QO is another two-way contract with a $50K guarantee.
Two-way guard Gabe Vincent received a qualifying offer from the Heat, making him a restricted free agent, tweets Tim Reynolds of The Associated Press. Vincent didn’t see much time in the NBA last season, but the Heat apparently liked what they saw enough to offer him a second two-way deal.

Kelly Olynyk Exercises 2020/21 Player Option

November 19th, 2020 at 10:36am CST by Luke Adams

NOVEMBER 19: Olynyk’s move is official, tweets Barry Jackson of The Miami Herald, who adds that the Heat are now roughly $45MM below the tax line and are expected to move forward as an over-the-cap team. That will enable them to exceed the salary cap to bring back free agents Goran Dragic, Jae Crowder and possibly Meyers Leonard and Derrick Jones Jr.

NOVEMBER 18: Heat big man Kelly Olynyk is exercising his player option for 2020/21, as expected, a league source tells Michael Scotto of HoopsHype. The move will guarantee Olynyk’s $13.2MM salary for next season and put him in line to reach unrestricted free agency in 2021.

Olynyk, 29, came off the bench for most of last season in Miami, averaging 8.2 PPG and 4.6 RPG with a solid shooting line of .462/.406/.860 in 67 games (19.4 MPG). Assuming Olynyk returns to the Heat for next season, he should once again be a regular part of the rotation, especially if center Meyers Leonard departs in free agency.

It’s also worth noting that once he opts into his contract, Olynyk will also be eligible to be traded, and his expiring contract could make a good salary-matching piece for the Heat as they explore their options this fall and perhaps during the season.

Since Olynyk was expected to opt in, the move doesn’t affect the Heat’s cap outlook. Miami still has he opportunity to open up some room, though the team is considered more likely to stay over the cap, attempting to re-sign players like Goran Dragic and Jae Crowder, and potentially using the mid-level exception.

Heat Could Benefit From Targeting Danilo Gallinari

November 18th, 2020 at 12:29pm CST by JD Shaw

With the hopes of signing Giannis Antetokounmpo next offseason potentially starting to fade, the Heat could benefit from pivoting their attention to Danilo Gallinari, Bryan Toporek of Forbes writes. Antetokounmpo has the option of signing a five-year, $228MM supermax extension with the Bucks, who elevated their roster by acquiring Jrue Holiday and Bogdan Bogdanovic earlier this week. Gallinari will enter unrestricted free agency on Friday and shared mutual interest with the Heat on a trade last February, but Miami was unwilling to extend the 32-year-old and surrender cap space. He averaged 18.7 points, 5.2 rebounds and 29.6 minutes per game with the Thunder last season, shooting 40.5% from three-point range.

Southeast Notes: Gordon, Magic, Hawks, Heat

November 17th, 2020 at 2:29pm CST by Luke Adams

Before the Trail Blazers reached an agreement with Houston to acquire Robert Covington in exchange for Trevor Ariza, this year’s No. 16 pick, and a protected 2021 first-round selection, Portland used similar assets to attempt to acquire Aaron Gordon from the Magic, according to Mitch Lawrence of SiriusXM NBA Radio (Twitter link), who says Orlando didn’t bite.

Gordon is believed to be available, with one recent report suggesting the Magic are attempting to move up in the draft by attaching the forward to the No. 15 pick. However, it makes sense that Orlando would be lukewarm on an offer made up of an expiring contract and two mid-to-late first-rounders. If the Magic do move Gordon, they’d likely want to get an impact player in return, or at least create a path to land one (ie. securing a high lottery pick).

Here’s more from around the Southeast:

Magic president of basketball operations Jeff Weltman confirmed on Monday that his team has explored the possibility of trading up or trading down in the draft, but said the “greatest likelihood” is that the club remains at No. 15, per Roy Parry of The Orlando Sentinel.
Hawks general manager Travis Schlenk said something similar in his Monday conference call, suggesting that staying put at No. 6 is most likely for his club, followed by trading down. As Chris Kirschner of The Athletic relays, Schlenk also spoke about Atlanta shifting from “asset accumulation to hopefully talent accumulation” using its cap room this offseason, suggesting the team is no longer prioritizing accommodating salary dumps with its cap space.
Texas Tech guard Jahmi’us Ramsey conducted a personalized workout on Zoom with the Heat, he told reporters today (Twitter link via Duane Rankin of The Arizona Republic). Ramsey added that he also did a Zoom workout that about 22 teams watched.