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Latest On Chris Paul

July 11th, 2019 at 9:11pm CST by ChrisCrouse

The Rockets had hoped to find a third team to join the Russell Westbrook trade that was preferable to Chris Paul, Adrian Wojnarowski of ESPN.com hears (Twitter link). The Thunder have been in contact with Paul’s agent, Leon Rose.

The Heat remain a possibility for Paul’s services, Woj adds. If Paul prefers to go to Miami, the Thunder would have interest in sending him there and would engage in trade talks with Pat Riley‘s club, The Athletic’s Sam Amick tweets.

Miami was rumored to be in the hunt for Westbrook but now could turn to Paul as an alternate. The Thunder can immediately trade Paul as long as they don’t aggregate his salary in the deal (unlikely to happen with his $38.5MM figure). Oklahoma City could also hold off on finalizing the Westbrook trade and search for a suitor in order to make it a three-teamer.

It would be difficult to envision Miami giving up major assets for Paul. However, if the price is simply matching salary, then it would seem favorable to the Heat, as I recently detailed for SLAM Magazine. Miami is hard-capped, meaning team salary can’t exceed the tax apron of $138.93MM. The Heat currently have about $987K in wiggle room, per cap expert Albert Nahmad (Twitter link).

Paul has three seasons and $124MM left on his deal. The last year of the pact is a player option.

Heat Sign Chris Silva To Exhibit 10 Deal

July 11th, 2019 at 7:15pm CST by ChrisCrouse

The Heat have signed Chris Silva to an Exhibit 10 deal, according to a team press release. The forward has been playing for the franchise’s Summer League team in Las Vegas.

Silva was not selected in the 2019 draft out of South Carolina, though he did work out for the team during the pre-draft process. He spent four years at the University, earning All-SEC First Team honors as a senior.

Miami also announced that it has signed Jeremiah Martin to a similar deal. It was reported after the draft that the guard would join the Heat on an Exhibit 10 pact.

Latest On Russell Westbrook, Thunder

July 11th, 2019 at 5:32pm CST by ChrisCrouse

The Rockets always loom as a threat when stars become available on the market and the Russell Westbrook sweepstakes are no different.

ESPN’s Brian Windhorst (video link) hears that Houston is attempting to slip into negotiations with Oklahoma City, focusing on the possibility of a three-team trade. It’s unclear which players the Rockets would offer up in such a scenario, though I’d speculate sending Chris Paul elsewhere is the angle. Houston could swap Paul and Westbrook easily, as they both make $38.5M, though the rebuilding Thunder don’t appear to be a fit for Paul. Finding that third team would likely be necessary if in that type of deal.

The Heat appear to be the frontrunner to land Westbrook and the eight-time All-Star has reportedly placed Miami atop the shortlist he gave team’s front office, as Windhorst notes. Still, the two sides have barriers to overcome if they are going to come to an agreement on a trade. Miami is hard-capped, meaning the franchise cannot take back any additional salary in any trade. The team also lacks the ability to trade away a first-rounder until the 2025 season, having already dealt away its two future picks (OKC owns Miami’s unprotected 2021 and lottery unprotected 2023 selections).

Here’s more surrounding Westbrook and the Thunder:

Will the Bulls get involved in the Westbrook sweepstakes? It doesn’t sound like it. “When you look at the financial aspect of a player that’s 30 going out four years and the amount of money that’s going to be made, those things can tie your hands up and put your organization in a tough position,” VP John Paxson said without mentioning Westbrook directly (via Mark Strotman of NBC Chicago). “You want the superstars. You want to do what the Clippers are doing and the Lakers are doing, but we’re realistic right now. We’re not in that position. We hope that in a couple years with the development of these young guys, players around the league view us as a destination point where they can win at the highest level.”
The 22% stake in the Thunder organization owned by the late Audrey McClendon is up for sale, Scott Soshnick of Bloomberg reports. The franchise is worth approximately $1.5 billion, according to the latest Forbes report. Oklahoma City has sold out 355 games in a row, which is the third-longest active streak in the league.
Dan Devine of The Ringer breaks down the possible destinations from Westbrook but struggles to find a new home for the point guard. Still, the scribe contends that there will be a team willing to trade for him before training camp starts.

Latest On Westbrook Trade Talks Between Heat, Thunder

July 11th, 2019 at 11:16am CST by Luke Adams

The Thunder have asked the Heat for more than one of Miami’s most promising young players in their trade discussions for Russell Westbrook, writes Barry Jackson of The Miami Herald.

According to Jackson, Oklahoma City is seeking the inclusion of 2019 lottery pick Tyler Herro in a Westbrook deal, but the Heat have been “very resistant” to the idea of trading away the former Kentucky sharpshooter. The 13th overall pick, who is averaging 19.5 PPG, 4.3 RPG, and 2.8 APG in six Summer League games, has exceeded Miami’s expectations so far, a source tells Jackson.

After signing Herro on Wednesday, the Heat can’t include him in a trade for 30 days, but that isn’t expected to be an impediment if the two sides ultimately reach an agreement that includes him.

Jackson also hears that the Thunder have sought at least two players from the trio of Herro, Bam Adebayo, and Justise Winslow. That idea doesn’t appeal to the Heat, who are also high on Adebayo and opposed to dealing him.

As a result of the Thunder’s demands, the Westbrook trade discussions between the two teams are at a stalemate for the time being, despite the fact that Miami would love to add the star point guard, says Jackson.

While Herro’s status may not be a roadblock, there are a number of other obstacles that the two teams must overcome. The Thunder don’t want to take on additional salary, since they’d prefer to dip under the tax line rather than increase their projected bill. However, the Heat almost literally can’t take on any more salary, since they’re less than $1MM away from their $138.9MM hard cap.

Additionally, having already traded away their 2021 and 2023 first-round picks – which the Thunder now hold – the Heat don’t have first-rounders available to include in a Westbrook offer, which is why OKC is seeking multiple young players in a package instead, Jackson notes.

Miami could theoretically remove the lottery protections on the ’23 pick, which would subsequently allow the team to trade its 2025 or 2026 first-rounder as well. However, those are all fairly distant selections, and Oklahoma City may prioritize players and picks that can help the team within the next few years.

Even if the two teams could directly match salaries and the Thunder are fine with not acquiring draft picks, it’s not clear if they’ll see eye-to-eye on Westbrook’s value. Due to the $171MM owed to the former MVP over the next four years, Miami would prefer to just send out players whose contracts would help expedite a deal, many of whom likely don’t have a long-term future with the Heat, says Jackson.

On the other hand, the Thunder believe they deserve more compensation for a player with Westbrook’s track record — he won his MVP award just two years ago, rarely misses time due to injuries, and has averaged a triple-double in each of the last three seasons.

If no other serious suitors emerge for Westbrook, the Heat might “dig in further” when it comes to hanging onto their top young prospects, says Jackson.

Pistons Not Interested In Russell Westbrook Trade?

July 10th, 2019 at 8:37pm CST by clarkcrum

It was recently reported that the Heat and Pistons are expected to be the top contenders to land Thunder point guard Russell Westbrook if/when Oklahoma City ends up trading him, with Miami and Westbrook already expressing mutual interest in a potential deal.

However, unlike the Heat, it doesn’t appear as if the Pistons are particularly interested in a trade for the eight-time All-Star and former NBA MVP, according to Vince Ellis of the Detroit Free Press.

Per Ellis, he reached out to a source with firsthand knowledge of the situation involving Westbrook, with the source responding, “Ridiculous… (n)othing there.” Then, in a follow-up piece, Ellis adds that the Pistons’ appetite to obtain Westbrook is lukewarm, even though the franchise readily acknowledges the talent that makes the Thunder guard one of the best point guards in the league.

Ultimately, it appears to Ellis that the primary issue with trading for Westbrook is the value of his contract, which will pay the 11-year veteran $171MM over the next four seasons. And if nothing else, Ellis’ stories probably strengthen the notion that the Heat are the prohibitive favorite to land Westbrook should he be traded from the Thunder.

Heat Sign Tyler Herro To Rookie Contract

July 10th, 2019 at 5:41pm CST by clarkcrum

The Heat have signed rookie shooting guard Tyler Herro to his rookie contract, the team announced in an official release. Herro, 19, was the No. 13 overall selection in last month’s 2019 NBA Draft.

Because Herro signed for the typical 120% of the rookie-scale (h/t to Ira Winderman of The Sun-Sentinel), he will earn $3,640,200 during his first year in the league and $17,188,836 over the life of the contract. If he ends up being a factor in a potential trade for Russell Westbrook, he can’t be traded for 30 days.

In his lone season at Kentucky, Herro started all 37 games he appeared in while averaging 14.0 points, 4.5 rebounds, and 2.5 assists in 32.6 minutes per game. He was named SEC Newcomer of the Year for his efforts.

As NBA cap expert Albert Nahmad notes (Twitter link), the Heat now have 14 players under contract after Herro’s signing. With a combined salary of $135.8MM, they’re $987K below the hard cap, which is not enough to add another free agent.

This is because while the rookie minimum salary is only $898K, the two-year minimum salary ($1.621MM) is used in place of the salary of a non-drafted rookie when determining a team’s salary in relation to the hard cap.

Trade Details: Napier, Graham, Warriors, Pacers, More

July 10th, 2019 at 4:59pm CST by Luke Adams

Eric Pincus of Basketball Insiders has provided some additional details on one of the most interesting trade sequences of the offseason, filling in the blanks on the deals that sent Shabazz Napier and Treveon Graham from Brooklyn to Golden State to Minnesota.

As previously outlined by cap guru Albert Nahmad (Twitter link), in order to match salaries in their sign-and-trade deal for Kevin Durant ($38,199,000), the Nets had to send out $30,479,200 in salaries of their own, but D’Angelo Russell‘s maximum salary was only worth $27,285,000.

Brooklyn included Napier’s ($1,845,301) and Graham’s ($1,645,357) non-guaranteed contracts to make up that $3,194,200 difference, but had to partially guarantee those salaries in order for them to count for salary-matching purposes. According to Pincus (via Twitter), the Nets did so by giving each player a guarantee worth $1,597,100.

The hard-capped Warriors, who only took on the duo in order to acquire Russell, didn’t want those contracts on their books, so they flipped them to the Timberwolves in a separate trade. According to Pincus (via Twitter), Golden State paid $3.6MM in cash to Minnesota in that deal, more than enough to cover both players’ full salaries and make it worth the Wolves’ while (Napier’s and Graham’s combined salaries total $3.5MM for 2019/20).

[RELATED: 2019 NBA Offseason Trades]

Interestingly, teams are limited to sending out a total of $5,617,000 in cash in trades during the 2019/20 league year, and the Warriors have now sent out $3.6MM to Minnesota and $2MM to Memphis (in the Andre Iguodala deal). In other words, Golden State won’t have the ability to send out additional cash later in the season in another trade.

Here are more details on recent trades:

In the three-way trade that landed them T.J. Warren from Phoenix and three future second-round picks from Miami, the Pacers sent $1.1MM in cash to the Suns, per Pincus (Twitter link).
The Clippers sent $110K to the Heat in the four-team Jimmy Butler sign-and-trade deal, says Pincus (Twitter link). That small amount of cash – the minimum allowable in a trade – was the only outgoing piece for the Clips in a swap that landed them Maurice Harkless, the Heat’s lottery-protected 2023 first-round pick (later included in the Paul George package), and the draft rights to 2017 second-rounder Mathias Lessort.
In addition to getting $1.1MM from the Wizards in their three-team Anthony Davis trade, the Pelicans also received $1MM in cash from the Lakers, tweets Pincus. Pincus also notes that Washington used its trade exception from February’s Markieff Morris trade to take on Bonga’s $1.42MM salary. That exception was originally worth $8.6MM and was also used to acquire Davis Bertans ($7MM), so it has essentially been all used up.

Dragic's Contract Holds Plenty Of Value

July 8th, 2019 at 6:54pm CST by Dana Gauruder

Goran Dragic‘s $19.2MM expiring contract gives the Heat a valuable asset to dangle in a trade to continue their roster makeover, Ira Winderman of the South Florida Sun Sentinel writes. They could use it this offseason to acquire another star player such as Russell Westbrook, whom the Heat are reportedly interested in, or at the February trading deadline.

Heat, Westbrook Have Mutual Interest In Trade

July 8th, 2019 at 5:00pm CST by Dana Gauruder

The Heat have expressed interest in negotiating a trade for Russell Westbrook, who views the possibility of playing in Miami as appealing, ESPN’s Adrian Wojnarowski reports.

A report earlier on Monday indicated that the Thunder are receptive to trade inquiries for Westbrook in the aftermath of the blockbuster deal sending Paul George to the Clippers.

The Heat made a bold move in free agency by gaining a commitment from Jimmy Butler and engineering a sign-and-trade for the swingman. A Westbrook/Butler pairing could make Miami an instant contender in the wide open Eastern Conference, though contractually it would have long-term implications.

Westbrook, 30, has four years and $171MM remaining on his contract, including a $47MM player option in the final year. Moving Westbrook’s contract for future salary-cap relief might be the best Oklahoma City can do at this point.

Miami has already traded away its 2021 and 2023 first-rounders – which the Thunder own – and numerous second-rounders.

Westbrook will make $38.5MM next season but Miami has a handful of players making between $19.2MM and $12MM — Goran Dragic, James Johnson, Justise Winslow, Dion Waiters and Kelly Olynyk — for salary-matching purposes.

Miami also has to make sure it doesn’t add more salary to its current cap. The Heat are just $986K below the threshold of the $138.9MM luxury tax apron, according to ESPN’s Bobby Marks. Thus, Miami cannot take back more or equal salaries in a potential Westbrook trade because that would hamstring its ability to fill out the roster (Twitter link).

Westbrook and agent Thad Foucher met with Thunder general manager Sam Presti over the weekend and both sides came away eager to find a resolution, according to Wojnarowski. Westbrook doesn’t want to be part of rebuild and that’s where OKC finds itself after George’s trade request to join forces with Kawhi Leonard.

Heat Sign KZ Okpala To Three-Year Deal

July 7th, 2019 at 8:42pm CST by ChrisCrouse

The Heat have signed second-round pick KZ Okpala to a three-year deal, per Anthony Chiang of the Miami Herald (Twitter link). The contract will be a minimum salary arrangement.

The contract will count against Miami’s mid-level exception since the franchise went beyond two seasons. All three years of the contract will be guaranteed, Ira Winderman of the Sun Sentinel tweets. As a result of making his deal a three-year pact, the Heat will own Okpala’s full Bird Rights once it expires.

Miami currently projects to be over the tax line, so the team will likely have the taxpayer’s mid-level ($5.7MM) at its disposal. Outside of Okpala, the team has not yet used any of this exception.

Okpala was selected with the No. 32 overall pick by the Suns (Phoenix had sent it to the Pacers in the T.J. Warren trade). Indiana agreed to pass Okpala’s draft rights on to the Heat in exchange for three second-round picks (2022, 2025, and 2026).