Heat Rumors

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.

Latest On The Andre Iguodala Trade

Negotiations are continuing in an effort to make the deal sending Andre Iguodala to Miami a three-way trade that would also enable the Heat to acquire Thunder forward Danilo Gallinari, tweets ESPN’s Adrian Wojnarowski.

One way the Heat could facilitate trade talks is to remove protections on a lottery-protected 2023 first-round draft pick they owe to Oklahoma City, sources tell Wojnarowski (Twitter link). That would free up Miami to unconditionally trade its 2025 first-rounder, explains Anthony Chiang of The Miami Herald (Twitter link).

Because of hard-cap restrictions, Miami will need to send out at least $39.8MM in salary to fit Iguodala ($17.2MM) and Gallinari ($22.6MM) on its roster, according to Barry Jackson of The Miami Herald (Twitter link). He notes that Justise Winslow, who is already believed to be part of the deal, Dion Waiters and James Johnson add up to $40.4MM.

Johnson’s representatives tell Jackson that they are expecting their client to be included in the transaction, but several other teams have expressed interest as well (Twitter link). Jackson identifies the Bucks, Rockets and Timberwolves as teams that have inquired about the veteran forward.

Meanwhile, the Grizzlies held Jae Crowder and Solomon Hill out of Wednesday’s game in Dallas, and Dillon Brooks spoke after the game as if they were being traded, though that hasn’t been confirmed (video link via ESPN’s Tim MacMahon). Moving Crowder and Hill along with Iguodala would allow Memphis to take back up to $47MM+ in salary, if necessary.

In an interview with Marc J. Spears of the Undefeated, Iguodala said he plans to join the Heat and take his physical in Sacramento on Friday. He’s excited to be coming to Miami, but after not playing since June he isn’t sure when he’ll be ready to be activated (Twitter link).

Jimmy Butler is very well respected in terms of passion and hard work he brings to the game,” Iguodala said. “His temperament and values he has really resonates with the Heat. They’re very well aligned. He’s brought out the most in those young guys. Those are some of the guys I’m really excited about. I feel I can make the most impact with those guys. I’m a big fan of Bam [Adebayo]. … Really looking forward to playing with him. … Been hearing about him last couple of years. Help him get better. Really excited about that opportunity.”

Andre Iguodala Headed To Miami, Will Receive Contract Extension

The Grizzlies have reached an agreement to send Andre Iguodala to the Heat, who will give him a two-year, $30MM contract extension, tweets ESPN’s Adrian Wojnarowski. Justise Winslow will be part of the package headed to Memphis in return, Woj adds (Twitter link).

The second season of Iguodala’s extension will be a team option, according to Shams Charania of The Athletic (Twitter link). That will allow the Heat to retain their financial flexibility to participate in a loaded free agent class in 2021. Sources tell Wojnarowski that Miami will guarantee the second season of Iguodala’s deal for $15MM if the team misses out on its top free agent targets (Twitter link).

The trade takes a player off the board who was coveted by contenders around the league for his defensive toughness and playoff experience. Iguodala was widely expected to return to Golden State next season as a free agent, but the extension removes any chance of that.

Bobby Marks of ESPN notes that Miami is limited to two years on the extension along with 5% raises on top of his current salary because of extend-and-trade restrictions. (Twitter link). Normally teams can offer extensions up to four years with 8% raises.

Heat president Pat Riley is making an effort to acquire Oklahoma City’s Danilo Gallinari as well as Iguodala, according to Wojnarowski (Twitter link).

Gallinari was expected to have a short stay with the Thunder after he was acquired in July as part of the trade that sent Paul George to the Clippers. However, OKC has emerged as a strong playoff contender with Gallinari contributing 19.2 points and 5.7 rebounds per night. The 31-year-old has a $22.6MM expiring contract.

Heat In “Advanced Discussions” For Andre Iguodala

Miami is involved in “advanced discussions” with Memphis about acquiring Andre Iguodala, tweets Shams Charania of The Athletic.

Iguodala, an important component of the dominant Warriors teams of the past five years, hasn’t played at all since being traded to Memphis over the summer in a cost-cutting move. He is making $17,185,185 in the final year of his contract.

As we detailed yesterday, getting Iguodala to Miami won’t be easy. The Heat are operating under a hard cap and can’t take on more money than they send out in any trade. The Grizzlies will likely have to take on one or more multi-year deals, possibly James JohnsonDion WaitersKelly Olynyk or Justise Winslow.

Memphis has also insisted on getting a first-round pick in return for Iguodala ever since acquiring him. Miami doesn’t have a first-rounder to offer until its conditional pick in 2025.

With the Grizzlies as a surprise playoff contender, some players have become irritated with Iguodala’s absence. Dillon Brooks said this week that the team can’t wait to face Iguodala on the court so they can “show him what really Memphis is about.”

Heat’s Leonard, Winslow Out Through All-Star Break

The Heat announced today that Meyers Leonard (sprained left ankle) and Justise Winslow (lower back bone bruise) will be sidelined for the team’s full five-game road trip leading up to the All-Star Game, according to Ira Winderman of The South Florida Sun Sentinel.

Leonard and Winslow didn’t travel with the team on the road trip, which begins in Los Angeles against the Clippers tonight and runs through next Wednesday in Utah. The earliest either Leonard or Winslow could return would be on February 20 in Atlanta, and there’s no guarantee they’ll be ready to go at that point.

Tyler Herro is also dealing with a sore right ankle and was in a walking boot during Wednesday’s shootaround, says Winderman. Still, head coach Erik Spoelstra thinks the rookie could return to action during Miami’s five-game road trip.

“That’s the hope, but we’ll be smart about it,” Spoelstra said. “Right now, we’re just giving him rest and treatment, trying to protect him from himself. … He really wants to be out there and he was able to grind through it for the last 10 days. But we want to take care of this right now and make sure it doesn’t become anything more.”

Leonard had started every game for the Heat this season, while Herro has been one of the club’s most-used players off the bench, so the team will have to rely on its depth during the next few games. Kelly Olynyk and James Johnson are among the candidates to see more frontcourt minutes. On the wing, Derrick Jones figures to play an increased role and Dion Waiters could get another look.

Evan Turner Would Draw Interest If Bought Out

One of four players headed to Minnesota in the Timberwolvesfour-team trade with Denver, Houston, and Atlanta, Evan Turner looks like a potential candidate to reach free agency in the coming weeks. Sean Deveney of Heavy.com suggests the Wolves are likely to buy out Turner in the coming days if his $18.6MM expiring contract can’t be used in another deadline deal.

Still, it’s not a lock yet that Turner won’t suit up for his new team. Darren Wolfson of SKOR North suggested this morning (via Twitter) that his early sense is that the veteran guard will stick around and play for the Wolves for now. Wolfson later noted (via Twitter) that Minnesota could take a few weeks to make a final decision, since the deadline to waive Turner and allow him retain his playoff eligibility is March 1.

Agent Kevin Bradbury said in a statement to Wolfson that no decisions have been made yet on Turner’s status.

“We’re working through all the options with G.R. (Timberwolves president of basketball operations Gersson Rosas) right now,” Bradbury wrote in a text message. “They have been professional and upfront with everything. Evan is a 10-year vet who has a lot of basketball left in him and understands this is a business. We’re open to working with (Rosas) to help everyone accomplish their goals.”

At least in the short term, Turner’s veteran experience and his ball-handling ability could help a Timberwolves team that’s undergoing some major changes and has now moved both of its top two point guards (Shabazz Napier and Jeff Teague) in in-season deals. However, he’s probably not in the organization’s plans beyond this season and may appreciate the opportunity to join a contender sooner rather than later.

If Turner eventually gets a buyout, multiple teams are expected to have interest in him, league sources tell Deveney. The Celtics – who may be looking for some bench scoring – and the Heat would likely be among the teams with interest, Deveney adds. For what it’s worth, Miami is right up against a hard cap and would have to move a little salary to sign a veteran like Turner.

NBA G League Assignments/Recalls: 2/4/20

Here are Tuesday’s G League assignments and recalls from around the NBA:

Trade Rumors: Clippers, Herro, LaVine, Poeltl, More

Chris Mannix of SI.com is among the latest reporters to weigh in this week on the Clippers‘ search for a center. According to Mannix, Los Angeles’ coaching staff has some concerns about the team’s rebounding. We heard on Monday that the Clips are also wary of facing star centers like Rudy Gobert or Nikola Jokic in the postseason.

Sources tell Mannix that there’s some interest within the Clippers’ front office in Tristan Thompson, whom the Cavaliers have put on the trade block. Mannix also names disgruntled Kings big man Dewayne Dedmon as a possible target, though he cautions that Dedmon wouldn’t be a preferred option for L.A.

The Clippers have Maurice Harkless‘ $11MM+ expiring contract available to use as a salary-matching piece for a trade target earning an eight-figure salary, but the team will have to be careful about how it fires that bullet. Acquiring a pricey center like Thompson or Dedmon using Harkless’ deal could take the team out of the market for a wing in the same salary range, such as Marcus Morris or Robert Covington.

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

  • The Heat have told teams that Tyler Herro is unavailable at this time, according to Mannix. If Miami wants to do something major, Herro would likely be the first player a potential trade partner asks about, but the Heat have no interest in moving him.
  • The Bulls have received some trade feelers for Zach LaVine, but a source tells Marc Stein of The New York Times (Twitter link) that the 24-year-old is “off-limits.” ESPN’s Brian Windhorst and Zach Lowe said essentially the same thing on a podcast this week.
  • Teams are calling the Spurs to ask about Jakob Poeltl, but the asking price is believed to be too high, tweets Jabari Young of CNBC. Poeltl will be a restricted free agent at season’s end, so it’s possible San Antonio will lower its price by Thursday if the big man isn’t in the team’s long-term plans.
  • Nuggets power forward Juan Hernangomez is among the players of interest for the Rockets, per Jonathan Feigen of The Houston Chronicle (Twitter link). Denver is reportedly seeking a second-round pick for Hernangomez.