Heat Rumors

And-Ones: Free Agency, Goodwin, Robinson, Brown

An active 2020 trade deadline has likely watered down the free-agent market this summer, a pattern far from the norm after a combined $4 billion was spent on more than 150 players last July, Bobby Marks of ESPN.com explores.

There were a total of 12 trades within the 48-hour window of the trade deadline this year, with high-profile players such as D’Angelo Russell, Andre Drummond, Andrew Wiggins and Clint Capela switching teams.

As Marks notes, the 2020 free agency class is projected to be mediocre for the most part. The Knicks could have upwards of $50MM to spend (though they’ll likely wait until the following summer for stronger talent), with the Hawks, Pistons, Hornets, Suns, and Heat also set to have north of $20MM.

Beyond Anthony Davis, some of the top unrestricted free agents this summer include Fred VanVleet, Montrezl Harrell, Danilo Gallinari and Serge Ibaka. Drummond ($28.7MM), DeMar DeRozan ($27.7MM) and Evan Fournier ($17MM) all have player options in their contracts, while Brandon Ingram and Bogdan Bogdanovic are set to enter restricted free agency.

Here are some other odds and ends from around the basketball world:

  • Free agent guard Archie Goodwin has signed in Germany with Ratiopharm Ulm, the team announced, as relayed by Sportando. Goodwin, 25, holds NBA experience with the Suns, Pelicans and Nets, most recently playing in Turkey. Goodwin was drafted with the No. 29 overall pick by Oklahoma City back in 2013.
  • Former NBA forward Thomas Robinson has signed in Russia with BC Khimki, the team announced on social media. Robinson signed a one-month deal with an extension until the end of the season. The 28-year-old has played for Sacramento, Houston, Portland, Philadelphia, Brooklyn and Los Angeles across his professional career, spending time with the Spurs during summer league in 2019.
  • Warriors associate head coach Mike Brown has agreed to be the head coach of the Nigerian men’s basketball team, according to Marc J. Spears of ESPN’s The Undefeated (Twitter link). Brown will coach Nigeria during the 2020 Tokyo Olympics this summer, with Nigeria BB president Musa Kida reportedly looking for a high-profile coach that holds NBA experience.

23 Trade Exceptions Generated In Deadline Deals

As we explain in our glossary entry on the NBA’s trade rules, teams that complete a “non-simultaneous” deal can create what’s called a traded player exception. These are salary cap exceptions a team can use anytime during the following calendar year to acquire one or more players whose salaries are no greater than the amount of that exception (plus $100K).

A number of the traded player exceptions created at the 2019 trade deadline expired this week without being used, but nearly two dozen new TPEs were generated as a result of the trades completed at this year’s deadline. They’ll expire next February, so they could be used during the offseason or sometime next season.

The full list of traded player exceptions created this week is below, sorted by amount. The player whose departure helped generate the TPE is noted in parentheses. The full list of available trade exceptions can be found right here.

In addition to the traded player exceptions from the deals completed on February 6, this list includes the exceptions created on February 5 in the four-team trade involving the Hawks, Timberwolves, Rockets, and Nuggets.

It doesn’t include trade exceptions generated in deals earlier this season, such as the $7,069,662 TPE the Trail Blazers got when they sent Kent Bazemore to Sacramento in a five-player trade. Again, the full list of current TPEs can be found here.

If you have any questions or corrections, please let me know in the comment section below.

Salary information from Basketball Insiders and Early Bird Rights was used in the creation of this post.

Jimmy Butler May Not Return Until After All-Star Break

An MRI on the shoulder of Heat swingman Jimmy Butler came back clean, but there is no guarantee he will play in Miami’s upcoming three-game road trip before the All-Star break, tweets Ira Winderman of the Sun-Sentinel.

The All-Star wing has been a revelation for the new-look Heat, leading the charge to the team’s robust 34-17 record. He is averaging 20.5 PPG and career highs of 6.8 RPG and 6.3 APG in 34.5 MPG for the Heat. Butler has been meriting MVP consideration with his efforts, according to NBA.com’s Sekou Smith.

The Heat face a fairly easy road game schedule, playing two teams with sub-.500 records: the 24-29 Trail Blazers tomorrow and the 12-40 Warriors on Monday. Miami will wrap up its road trip in Utah Wednesday against the 33-18 Jazz, who are 19-5 at home. The Heat will not play again until the 20th.

Alex Kirschenbaum contributed to this article.

Free Agent Stock Watch 2020: Southeast Division

Every week, Hoops Rumors takes a closer look at players who will be free agents or could become free agents next offseason. We examine if their stock is rising or falling due to performance and other factors. This week, we take a look at players from the Southeast Division:

Davis Bertans, Wizards, 27, PF (Up) – Signed to a two-year, $14.5MM deal in 2018
The fact that the Wizards set such a high price on the unrestricted free agent, reportedly asking for two first-rounders and possibly more, shows how much Bertans is valued by the organization and other clubs. He’s averaging 15 PPG, albeit for one of the league’s worst teams, but his 3-point shooting is craved around the league. Big guys who can shoot 42.9% from deep, as Bertans has the past two seasons, command a high price tag. Washington desperately wants to re-sign Bertans and hopes the loyalty it showed will have an impact this summer. But the Wizards will have plenty of competition for his services.

Treveon Graham, Hawks, 26, SG (Down) – Signed to a two-year, $3.16MM deal in 2018
Graham was tossed into the deal that sent Allen Crabbe to the Timberwolves last month. Perhaps the only thing surprising about Graham is that he wasn’t thrown into another trade by the very active Atlanta front office. He received steady playing time with Minnesota (20.1 MPG), including 20 starts, but his impact on the Hawks has been minimal. He’s scored a total of 12 points in nine appearances. Graham just isn’t enough of an offensive threat and defenses don’t have to respect him on the perimeter. He becomes an unrestricted free agent at the end of the season and he’ll be looking at minimum deals at best.

Michael Kidd-Gilchrist, Hornets, 26, SF (Down) – Signed to a four-year, $52MM deal in 2016
Oh, how the mighty have fallen.. Yes, the second overall pick in the 2012 draft is still in the league. In fact, he’s just 26 years old. Injuries sidetracked MKG’s career but a bigger issue is his lack of an offensive game. Ben Simmons can get a max contract without a 3-point shot because of his wondrous playmaking skills and defensive versatility. A 6’6” forward without an outside shot is a dinosaur into today’s NBA. MKG has appeared in just 12 games this season and hasn’t seen the floor since late December. Charlotte’s front office is just counting the days to get his contract off its books.

Jae Crowder, Heat, 29, SF (Up) – Signed to five-year, $35MM deal in 2015
Crowder was quietly enjoying one of his best seasons with the Grizzlies before getting dealt to Miami just before the deadline. He started regularly for Memphis despite modest offensive numbers (9.9 PPG on 36.8% shooting), finding other ways to contribute. He was averaging career highs in rebounding (6.2 RPG) and assists (2.8 APG) along with playing his usual solid defense. It will be interesting to see how coach Erik Spoelstra incorporates Crowder into the rotation but the impending unrestricted free agent will get an opportunity to show his value on a now serious Eastern Conference contender.

James Ennis, Magic, 29, SF (Down) – Signed to a two-year, $4MM deal in 2019
Ennis’ playing time had diminished before the Sixers, who acquired perimeter shooters from the Warriors, found a new home for the journeyman forward. The Magic were willing to give up a second-round pick in order to secure Ennis’ services. Orlando president Jeff Weltman said Ennis will add “shooting, athleticism, and toughness” to the team, so from all indications he’ll jump right into the rotation. Ennis is an adequate perimeter shooter and a factor in the open floor. Ennis holds a $2.13MM player option on his contract next season and could choose to opt out with a strong finish.

Photo courtesy of USA Today Sports Images.

Andre Iguodala Still Elite In Riley’s Mind

Heat president Pat Riley isn’t worried about Andre Iguodala‘s age or the fact the veteran forward hasn’t played this season, as he told Barry Jackson of the Miami Herald and other reporters. In fact, Riley took a different spin on Iguodala sitting out while waiting for the Grizzlies to trade him to a contender. Miami acquired Iguodala from Memphis in a deadline deal.

“He’s an elite defender, an elite team defender; an elite assist-to-turnover percentage. You don’t lose that in seven months,” Riley said. “Probably a blessing in disguise he didn’t play in seven months. He’s in shape. He’s definitely going to have to get his basketball legs under him. As long as he’s healthy he can play.”

Riley also touched on a number of other subjects:

  • He was unwilling to give Thunder forward Danilo Gallinari a guaranteed 2021/22 contract extension, which prevented a trade for the OKC forward. That supports an ESPN report earlier today. Miami wanted to protect its projected cap space for the summer of 2021, when several high-level players are expected to hit the free agent market. “I wanted everything. But I wasn’t going to … compromise a two-year plan,” Riley said, adding “I like Gallo. I think he would have fit in really well. “
  • Trading Justise Winslow to Memphis in a three-team deal that also included Minnesota was the hard part for Riley. Winslow has been injured most of the season. “I know he’s missed 150 games during 4 ½ years with us,” Riley said. “We’re going to miss him. The Memphis Grizzlies got a great young player.”
  • No decision has been made on whether to offer Derrick Jones Jr. a contract this offseason. Jones becomes an unrestricted free agent this summer. “I like the fact he’s improved his three-point shooting,” Riley said. “Like the fact he’s become a better, more consistent defender. When that time comes we have a decision to make.”
  • The Heat will scour the buyout market for a rim protector, per Riley: “We will keep our eyes out. We are happy part of this transaction gives us the possibility of a buyout player later on.”

Heat Notes: Gallinari, Olynyk, Jones, Iguodala

For a few hours on Thursday, it looked as if the Heat would end up adding not just Andre Iguodala but Thunder forward Danilo Gallinari as well. However, Oklahoma City ultimately ended up not getting involved in the deal with Miami and Memphis that saw Iguodala, Jae Crowder, and Solomon Hill land with the Heat.

Like they did with Iguodala, the Heat were trying to complete an extend-and-trade deal for Gallinari, but the team’s desire to keep its 2021/22 cap sheet as clear as possible complicated those extensions talks. If the Heat had been willing to do an extension that was guaranteed through 2022, ESPN’s Zach Lowe believes they likely would’ve been able to acquire Gallinari without surrendering any of their key young players.

According to Lowe, talks between Miami and Oklahoma City focused on draft compensation. The Thunder already own the Heat’s top-14 protected 2023 first-round pick and wanted the protections lifted on that selection so that Miami could also trade its 2025 first-rounder to OKC.

As Barry Jackson of The Miami Herald explains (via Twitter), the Heat also probably could’ve acquired Gallinari without extending him, but they felt as if the risk of just renting the veteran forward for three months wouldn’t be worth the draft capital it would require.

Here’s more on the Heat:

  • There was a belief that Crowder and Hill would be re-routed to the Thunder along with draft picks if Gallinari was involved in that Heat/Grizzlies swap. However, that may not have been the only scenario in play — David Aldridge of The Athletic hears from sources that Miami was also willing to discuss Kelly Olynyk and Derrick Jones in potential trades.
  • Jeff Siegel of Early Bird Rights provides some new info on Iguodala’s extension with the Heat, tweeting that the two-year, $30MM deal – which is worth a flat $15MM per year with a team option on year two – features a 7.5% trade kicker. If he’s dealt, that bonus would only apply to Iguodala’s non-option year, unless the option is exercised before the trade.
  • The Heat have newfound flexibility for the summer of 2020 after moving James Johnson and Dion Waiters. Barry Jackson of The Miami Herald explores possible paths Miami could take during the offseason, while cap expert Albert Nahmad of HeatHoops.com takes a more in-depth look at the financial situation facing the team as it considers its options for the next two summers.
  • Count head coach Erik Spoelstra among those impressed with what president Pat Riley has done to revamp the Heat’s roster over the last year, as Jeff Zillgitt of USA Today details. “He’s one of the great visionaries of this Association, and it never ceases to amaze me how he continues to reinvent and think differently,” Spoelstra said of Riley. “That’s what visionaries do. They think way bigger and much differently than we do.”

Heat Acquire Iguodala, Crowder In Three-Team Trade

7:10pm: The trade is now official, according to press releases from the Timberwolves, Heat, and Grizzlies. Minnesota became part of the deal by agreeing to acquire Johnson for Gorgui Dieng, as we outlined in a separate story, making it a three-team trade.

11:16am: The Grizzlies and Heat have agreed to a trade that will send Andre Iguodala, Jae Crowder, and Solomon Hill to Miami in exchange for Justise Winslow, Dion Waiters, and James Johnson, reports ESPN’s Adrian Wojnarowski (via Twitter). No draft picks will be included in the deal.

Shams Charania of The Athletic (all Twitter links) first reported that Crowder, Hill, and Waiters would be involved in the trade, which broke last night.

There’s still time for the agreement to be expanded to include the Thunder and Danilo Gallinari, but those talks between Oklahoma City and Miami have “fully stalled,” according to Woj (Twitter link).

The Heat were hoping to fold an acquisition of the veteran forward into the trade, perhaps extending his contract in the process. However, Wojnarowski tweets that the Grizzlies and Heat are focusing on officially finalizing a two-team deal for now, with Miami still unable to reach an agreement for Gallinari.

Barry Jackson of The Miami Herald has heard similar rumblings, tweeting that Crowder and Hill could be re-routed to Oklahoma City if the deal is expanded to include Gallinari, but for now Hill is under the impression he’ll end up in Miami, along with Crowder.

Even if the Heat can’t land Gallinari, they’ll add three veterans capable of playing rotation roles in Iguodala, Crowder, and Hill. Although Iguodala hasn’t appeared in a game at all since being traded from Golden State to Memphis in July, he played key minutes on the Warriors’ championship teams in recent years and will be well-rested for the stretch run.

As we detailed in a previous story, Iguodala and the Heat have reached an agreement on a two-year, $30MM contract extension as part of the trade. The second season of Iguodala’s extension will reportedly be a team option, allowing Miami to retain its financial flexibility to participate in a loaded free agent class in 2021. The Heat are expected to guarantee the second season of Iguodala’s deal for if they miss out on their top free agent targets in ’21, per Wojnarowski (Twitter link).

Crowder and Hill, meanwhile, have helped the Grizzlies exceed expectations and compete for a playoff spot this season. Crowder has started 45 games, averaging 9.9 PPG and 6.2 RPG and playing strong perimeter defense, while Hill has averaged 5.7 PPG with a .381 3PT% in 48 games (18.8 MPG).

The trade will also help the Heat out financially, since they’re sending out more money than they’re taking back. ESPN’s Bobby Marks tweets that Miami is now $3.4MM below its hard cap and reduced its projected tax bill by nearly $3.7MM. That could allow the Heat to be a player in the buyout market, though the team still has a full 15-man roster.

The franchise also cleared a significant amount of salary for 2020/21 in the deal, though Iguodala’s extension cuts into that newfound flexibility a little.

As for the Grizzlies, they’ll take on three pricey multiyear contracts in exchange for their three expiring deals. Having also extended Dillon Brooks on Wednesday, Memphis has gone from having $50MM in projected cap room to likely being over the cap this summer, tweets Jeff Siegel of Early Bird Rights.

Winslow is the prize of the deal for Memphis. The former lottery pick is under contract for $13MM annually through 2021/22, with a team option on the final year. Winslow has flashed tantalizing upside as a ball-handler and defender, but injuries have limited him to just 11 games this season. He’s currently sidelined with a lower back bone bruise.

Johnson and Waiters are on oversized contracts — Johnson is earning $15.35MM this season with a $16.05MM player option for 2020/21, while Waiters is owed $12.1MM this season and $12.65MM next year. Memphis’ willingness to take on those deals signals that the team is willing to roll over its cap room to 2021.

Both Johnson and Waiters have spent much of the season in the doghouse in Miami, but Johnson has at least appeared in 18 games, averaging 5.7 PPG and 2.9 RPG on .448/.356/.571 shooting in 15.6 minutes per contest.

Photos courtesy of USA Today Sports Images.

Trade Deadline Notes: Bucks, Raptors, C’s, Heat, Thunder, More

The 2:00pm CT trade deadline has now passed, but word of last-minute deals can sometimes trickle in after the buzzer. That won’t be the case for the Raptors and Bucks though, according to ESPN’s Zach Lowe, who reports (via Twitter) that the Eastern Conference’s top two teams didn’t make a move today.

Here are more deadline updates:

  • It was a fairly quiet deadline for many of the top Eastern teams. The Celtics didn’t make a trade either, per Adam Himmelsbach of The Boston Globe (Twitter link). And the Pacers also stood pat, tweets ESPN’s Adrian Wojnarowski.
  • The Heat were active earlier in the day, finalizing a trade to acquire Andre Iguodala. However, the team didn’t expand that deal to include Thunder forward Danilo Gallinari, Barry Jackson of The Miami Herald confirms (via Twitter). As Anthony Chiang of The Miami Herald explains (via Twitter), the Heat’s extension talks with Gallinari were more of a hang-up than the trade talks with the Thunder, given Miami’s desire to keep its cap clear for 2021.
  • The Thunder, having held onto Gallinari, didn’t make any deadline deals, tweets Wojnarowski.
  • The Jazz stood pat today as well, tweets Andy Larsen of The Salt Lake Tribune. So did the Spurs, says Chris Haynes of Yahoo Sports (via Twitter).

Wolves, Grizzlies Swap James Johnson, Gorgui Dieng

UPDATE: This trade is now official. See this story for more details.

The Timberwolves and Grizzlies have agreed to a trade that will send forward James Johnson to Minnesota and big man Gorgui Dieng to Memphis, according to Jon Krawczynski of The Athletic (Twitter link).

Johnson is technically still a member of the Heat but is being traded to Memphis in the six-player Andre Iguodala trade. The Dieng deal with the Wolves may be folded into that transaction to make it a three-team trade, tweets ESPN’s Adrian Wojnarowski.

As Chris Herrington of The Daily Memphian observes (via Twitter), swapping Johnson for Dieng will add a little more salary to Memphis’ books this season and next year, but the Grizzlies view the big man as a better fit on their depth chart.

Dieng, who is under contract for $16.23MM in 2019/20 and $17.29MM in 2020/21, has averaged 7.4 PPG and 5.6 RPG in 46 games (16.9 MPG). He was particularly effective during Karl-Anthony Towns‘ injury absence, posting 12.9 PPG and 8.9 RPG on .463/.409/.806 shooting in 15 starts during that time.

Johnson is making approximately $15.34MM this season and holds a $16MM option for next season. By trimming more payroll, the Tiimberwolves will be just $1.1MM above the luxury tax line with this move, Bobby Marks of ESPN tweets.

Both teams have been extremely active prior to the deadline, as Minnesota was also part of four-team blockbuster that landed it D’Angelo Russell.

Heat Aim To Extend Danilo Gallinari As Part Of Trade

Having already agreed to a contract extension with Andre Iguodala as part of the trade that will send him from the Grizzlies to the Heat, Miami is looking to do the same with Danilo Gallinari, who is expected to be acquired from the Thunder in a three-team trade, reports ESPN’s Adrian Wojnarowski (via Twitter). According to Wojnarowski, the Heat and Gallinari’s reps were working overnight on a possible extension.

As we detailed late on Wednesday night, the exact terms of the trade that will send Iguodala and Gallinari to Miami remain unclear. We know the Grizzlies are acquiring Justise Winslow, but no other pieces have been confirmed. The belief is that Jae Crowder and Solomon Hill would be involved, likely heading to Oklahoma City. James Johnson and Dion Waiters are among the other rumored outgoing pieces for Miami and would presumably both end up in Memphis. Draft compensation would also be involved.

Assuming the three teams reach a trade agreement, Gallinari would be eligible to sign a new contract with the Heat that extends his current deal by two additional years, with 5% annual raises. Typically, veteran extension rules are less restrictive, but extend-and-trade rules limit new deals to three total years (including the current season) and modest raises.

Based on his current $22.62MM salary, Gallinari could receive as much as $23.75MM for 2020/21 and $24.88MM in 2021/22. However, as Woj notes, the Heat’s desire to preserve cap room for the 2021 offseason may complicate matters. Miami’s extension with Iguodala features a non-guaranteed team option for that ’21/22 season, allowing the team to maintain flexibility. It’s not clear if Gallinari would be on board with a similar arrangement.

As cap expert Albert Nahmad details (via Twitter), the Heat currently project to have more than $50MM+ in cap room for 2021, assuming Iguodala’s option is turned down. A pricey guaranteed salary for Gallinari would compromise the club’s ability to create a maximum-salary slot unless contracts are stretched.

It will be interesting to see how creative Miami gets — Nahmad points out (via Twitter) that using a descending salary structure or making that 2021/22 partially guaranteed could help the team stay somewhat flexible.