Miami Heat Rumors | Hoops Rumors

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).

Latest On Russell Westbrook

July 7th, 2019 at 10:38am CST by Arthur Hill

The Heat and Pistons are expected to be the top contenders to land Russell Westbrook if the Thunder decide to trade him, according to Sam Amick and Brett Dawson of The Athletic.

Oklahoma City GM Sam Presti will meet this week with Westbrook and his agent, Thad Foucher, to plot out the future for the former MVP. All three were blindsided by Paul George‘s trade request, which was the result of Kawhi Leonard‘s successful lobbying effort to join him on the Clippers.

The Thunder are motivated to move Westbrook, not only because he’s the lone star left in OKC and will make $171MM over the next four years, but also because he plays the same position as Shai Gilgeous-Alexander, the centerpiece of their return in the George deal.

Miami would like to pair Westbrook with Jimmy Butler and could offer a package built around Goran Dragic, who has one year left on his contract at $19.2MM, and Dion Waiters, who is owed a combined $24.7MM over the next two seasons. Detroit’s offer might include Andre Drummond ($27MM in 2019/20 with a $28.75MM player option the following season), Reggie Jackson (one year left at $18MM) and Tony Snell ($11.39MM next season followed by a $12.18MM player option).

Some executives believe the Rockets could get involved as well, given GM Daryl Morey’s penchant for star chasing. However, pairing Westbrook with James Harden and Chris Paul, two other guards who like to control the ball, may prove awkward, and matching salary wouldn’t be easy. Houston would almost certainly have to part with Clint Capela ($14.9MM next season), Eric Gordon ($14MM), and P.J. Tucker ($8.35MM) in any deal if Paul isn’t included.

Sources with knowledge of Houston’s thinking confirmed to Tim MacMahon of ESPN.com that the Rockets have interest in Westbrook. However, one team source described a potential deal as a “long shot,” says MacMahon.

There’s more today on the Westbrook front:

The Knicks have been mentioned as a possible suitor for Westbrook, but will have to wait until December to make a move, notes Marc Berman of The New York Post. New York no longer has the cap room to absorb Westbrook’s $37.5MM salary for next season after reaching deals with six free agents, and those new players can’t be traded before December 15. If the opportunity is still there, Elfrid Payton, Reggie Bullock, Bobby Portis, Wayne Ellington and Taj Gibson will all have expiring contracts that could interest the Thunder as they try to reduce a league-high tax bill. The Knicks can also offer the 2021 and 2023 first-rounders they acquired from Dallas in the Kristaps Porzingis deal, Berman adds.
Michael Shapiro of Sports Illustrated mentions the Timberwolves, Celtics and Magic as other possibilities. A swap with Minnesota would be easy if OKC would accept Andrew Wiggins in return, he states, while the Celtics could offer Gordon Hayward and Jaylen Brown or wait a year and trade newly acquired Kemba Walker. Orlando has been seeking a point guard for years and has a lot of wings and big men to offer.
The Bulls, Mavericks, Nuggets, Bucks, Spurs and Raptors all have the assets to get involved as well, according to Zack Rosenblatt of NJ.com.

Woj: Heat “Team To Watch” For Russell Westbrook

July 6th, 2019 at 7:42pm CST by Arthur Hill

The Heat are a “team to watch” in the Russell Westbrook situation, ESPN’s Adrian Wojnarowski said today during the network’s broadcast of a Summer League game (video clip).

“Russell Westbrook at 30 years old is still a high-level player, but it is a lot of money and he’s going to take up a great deal of your salary cap,” said Wojnarowski, who predicts Miami will be among several to talk to the Thunder about Westbrook’s availability.

A source confirms to Barry Jackson of The Miami Herald that Heat officials “absolutely like” Westbrook, but there’s no indication of how hard they plan to pursue him (Twitter link). He adds that the Thunder own Miami’s first-round pick in 2021 and don’t have any incentive to help the Heat.

Westbrook’s availability was made public in the wake of the surprising overnight trade that sent teammate Paul George to the Clippers to team up with Kawhi Leonard. Westbrook will make $170MM over the next four seasons and the Thunder are interested in cutting costs now that they longer have two stars in place.

There’s more today from Miami:

New Heat center Meyers Leonard told Ira Winderman of The Sun Sentinel that he has gotten over the shock of being traded from the Trail Blazers. Leonard said he was in the middle of a workout when his trainer told him to call his agent after seeing a tweet from Wojnarowski about the deal. “There are numerous things I’m excited for — the culture, the kind of get-in-there-and-work-hard grit mentality,” Leonard said. “I can only say I’m very, very excited for this opportunity, to help the Heat win.”
The Heat are risking their ability to surround Butler with more talent in the future with today’s decision to stretch the $15.6MM still owed to Ryan Anderson, Winderman notes in a separate story. They had to cut salary before they could accommodate Butler’s new contract, but the deal will keep Anderson on the payroll for three more years at $5.2MM per season.
The Heat expect rookie forward KZ Okpala to make his Summer League debut tomorrow, writes Anthony Chiang of The Miami Herald. With the moratorium lifted, the 32nd pick in the draft officially traveled the circuitous route that took him from the Pacers to the Suns to the Heat. “The process has been different,” Okpala said of the long wait. “It’s not what I expected, for sure. But I think it’s just all a part of the process. You just have to control the things you can control.”

Heat Acquire Jimmy Butler In Sign-And-Trade

July 6th, 2019 at 3:23pm CST by Dana Gauruder

The Heat have officially acquired Jimmy Butler from the Sixers in a sign-and-trade deal that also includes the Trail Blazers and the Clippers, according to press releases from Miami and Philadelphia.

The Heat also acquired big man Meyers Leonard from the Trail Blazers and cash considerations from the Clippers. Miami sent shooting guard Josh Richardson to Philadelphia, center Hassan Whiteside to the Blazers and a conditional first-round pick to the Clippers. The Clippers also received forward Maurice Harkless from Portland and the draft rights to 2017 second-round pick Mathias Lessort from the Sixers.

The Clippers and Blazers have also confirmed the swap.

The 2023 first-rounder that the Heat forwarded to the Clippers, which is lottery-protected through 2025 and unprotected in 2026, was subsequently moved to the Thunder as part of the agreed-upon Paul George blockbuster.

Butler inked a four-year, $141MM contract with the Heat. Miami waived forward Ryan Anderson and stretched his contract in order to stay below the hard cap and complete the sign-and-trade.

“Jimmy’s leadership, tenacity, professionalism, defensive disposition and his ability to create his own shot will improve our roster immediately,” Miami president Pat Riley said in the press release. “Any time you can add a four-time All-Star to your roster, you make that move. Meyers is a versatile big, a great shooter, can play inside and block shots. The addition of both men puts us in a great position to win.”

The disgruntled Butler was dealt by Minnesota to Philadelphia last season. The Sixers wanted to retain Butler but couldn’t convince him to stay and got something for him via the sign-and-trade mechanism. In 65 total games for the Wolves and Sixers last season, Butler averaged 18.7 PPG, 5.3 RPG, 4.0 APG, and 1.9 SPG with a .462/.347/.855 shooting line. Richardson averaged a career-high 16.6 PPG and 4.1 APG last season.

Blazers president of basketball operations Neil Olshey called the acquisition of Whiteside an “impact move for our roster.” The Blazers were looking for a starting center with Jusuf Nurkic on the mend from a serious leg injury.

Lakers To Sign DeMarcus Cousins

July 6th, 2019 at 2:53pm CST by Luke Adams

2:53pm: Wojnarowski passes along an update on Cousins’ salary figure, tweeting that the deal will actually be worth $3.5MM rather than the minimum. So the Lakers will need to use cap space or the room exception for the signing.

2:22pm: Schwartz tells ESPN that Cousins’ deal will be worth just $2.3MM. That sounds like a veteran’s minimum contract, as the big man’s minimum salary this year will be $2,331,593.

1:38pm: The Lakers have reached a deal with perhaps the most notable free agent left on the market, as agent Jeff Schwartz tells Adrian Wojnarowski of ESPN (Twitter link) that DeMarcus Cousins will sign a one-year contract with the Lakers.

Cousins, a two-time All-NBA Second Team center, had to deal with a limited market this summer after a season in which he spent the first half recovering from an Achilles tear, then missed most of the postseason due to a torn quad.

Appearing in 30 regular season games for the Warriors, Cousins still put up impressive per-minute numbers, averaging 16.3 PPG, 8.2 RPG, 3.6 APG, 1.5 BPG, and 1.3 SPG in 25.7 minutes per contest. However, he struggled on defense and didn’t have his old explosiveness.

Still, the Lakers won’t have to pay huge money to roll the dice on Cousins for one year. While we don’t yet know what the 28-year-old’s new contract will be worth, the club is believed to have used up more than two-thirds of its projected $32MM in cap room on reported deals for Danny Green, Kentavious Caldwell-Pope, and Quinn Cook.

In Los Angeles, Cousins will team up once again with his old Pelicans teammate Anthony Davis. According to Wojnarowski (via Twitter), the Heat were among the teams with interest in Cousins, but a handful of Lakers players – including AD – helped sell him on joining the Lakers.

Cousins’ and Davis’ relationship in New Orleans was solid, according to David Aldridge of The Athletic, who tweets that AD’s pitch to Cousins was short and to the point: “Let’s win it all.”

Photo courtesy of USA Today Sports Images.

Heat Waive, Stretch Ryan Anderson’s Contract

July 6th, 2019 at 2:05pm CST by Dana Gauruder

2:05pm: The Heat have formally waived Anderson, the team confirmed in a press release.

12:26pm: The Heat will waive Ryan Anderson and use the stretch provision on the remaining year of the forward’s contract in order to complete the Jimmy Butler sign-and-trade with the Sixers, Ira Winderman of the South Florida Sun Sentinel tweets.

Anderson had a $21,264,635 salary for next season but approximately $15,64MM was guaranteed. By stretching out the guaranteed portion of the contract, the Heat will take cap hits of approximately $5.2MM for the next three seasons. Miami needed to get below the hard cap of $138.9MM that applies to teams that acquire a player via sign-and-trade. Stretching out Anderson’s deal was its simplest means of achieving that goal, as the Heat will drop $1.88MM below that hard cap threshold, ESPN’s Bobby Marks notes.

Anderson was one of the hottest free agents on the market in 2016 and signed a four-year, $80MM with the Rockets. That contract became an albatross after Anderson lost playing time in Houston and he was traded to both the Suns and Heat last season, appearing in just 25 games.

The Heat will apparently hold onto Goran Dragic for the time being, Barry Jackson of the Miami Herald tweets. Dragic, who is due $19.2MM for next season, has been the subject of trade rumors.

Eastern Notes: Dinwiddie, Knicks, Olynyk, Mykhailiuk

July 6th, 2019 at 12:05pm CST by marksuleymanov

The Nets enjoyed their most successful free agent period ever this week, agreeing to deals with Kyrie Irving, Kevin Durant and DeAndre Jordan. The moves figure to make Brooklyn one of the Eastern Conference’s premier teams next season, one year after the Nets’ made the postseason.

Even with the likelihood that Durant misses most – if not all – of next season, Brooklyn figures to be in the hunt for a top seed. Current Net Spencer Dinwiddie, a crucial part of the franchise’s increased success as of late, reportedly played a major role in recruiting those aforementioned All-Stars.

For the first time, Dinwiddie addressed Brooklyn’s moves, giving a coy response to the nature of recruitment among NBA players today.

“The thing about the NBA, everything you read is plausible,” Dinwiddie said to The Athletic’s Michael Scotto. “And with that being said, obviously, it could’ve happened, it may not have happened.”

With the spotlight now shining on the Nets, Dinwiddie noted that the team expects to be in contention for not just a playoff spot but for a title in the coming seasons.

“Anytime you add two probably top-10 players in the world, multi-time All-Stars, you’re obviously going to get better,” Dinwiddie said. “It’s on the rest of us to kind of help facilitate that transition, and hopefully we can be a very good team next year.”

Check out more Eastern Conference notes:

Even with cap space for two max contracts, the Knicks failed to lure any top-tier free agents to New York this summer. Marc Berman of the New York Post opines that the Knicks’ failures warrant an image overhaul of the franchise if it hopes to lure top players in the future.
Kelly Olynyk remains a member of the Heat, despite nearly being traded away last week. But the veteran understands that having his name come up in trade rumors is just a part of the game, Chad Klassen of CFJC Today writes. “It’s the business side of the game, fortunate or unfortunate, however you want to look at it,” he said. “But you get paid to do something you love and there’s not much to complain about in this industry, honestly.”
The Pistons plan to keep Sviatoslav Mykhailiuk on the roster, thus fully guaranteeing his salary for the 2019/20 season, Ben Stinar of Amico Hoops relays (Twitter link). Mykhailiuk’s minimum-salary contract had a guarantee date of July 5.
After suffering a torn Achilles, C.J. Wilcox thought his career was over. At 28 years old, Wilcox – who re-signed this week with the Pacers – is in the midst of a comeback attempt, Robby General of the Indianapolis Star writes. “Eight months ago, I was done playing basketball after tearing my Achilles,” Wilcox said. “Now I have some level of a contract, which is something to be proud of.”

Heat Acquire KZ Okpala’s Draft Rights

July 6th, 2019 at 11:41am CST by Dana Gauruder

JULY 6: The Heat have officially acquired Okpala’s draft rights, sending the Pacers their 2022, 2025, and 2026 second-round picks, Miami announced in a press release. The deal technically became a three-team trade, having merged with the Pacers’ acquisition of T.J. Warren from the Suns.

JUNE 20: The Pacers agreed to send the No. 32 pick to the Heat, who selected Stanford small forward KZ Okpala, Adrian Wojnarowski tweets. The Pacers gained the rights to that pick earlier in the day in a trade with the Suns.

Indiana will receive three future second-round picks from Miami. The Heat had traded away their second-round pick.

Indiana also acquired forward T.J. Warren from Phoenix, which used cap room to make that deal in a salary dump. The Suns received cash considerations.

The 6’9” Okpala averaged 16.8 PPG and 5.7 RPG last season.

Heat Notes: Hard-Cap Crunch, Dragic, Nunn

July 4th, 2019 at 5:06pm CST by Austin Kent

The Heat may have a logjam for their final roster spots in 2019/20, Barry Jackson of the Miami Herald writes. Given that the team is hard-capped due to the Jimmy Butler sign-and-trade, Miami’s best bet of avoiding the $138.9MM hard cap may well be to avoid adding a 15th player.

Removing that 15th slot makes Pat Riley‘s task of rounding out a roster all that much more difficult. According to Jackson, all of Yante Maten, Duncan Robinson, Kendrick Nunn and even Udonis Haslem could be competing for Heats’ 13th and 14th roster spots.

Riley’s no stranger to making difficult decisions but with Butler on board and a higher ceiling now within reach, the Heat may still be inclined to add external support, too. Jackson presents DeMarcus Cousins as a possibility.

Jackson notes that the Heat are still exploring trade options and it’s understandable why. Simply consolidating talent could solve both the team’s problems, freeing up a roster slot while potentially adding an impact rotation player.

There’s more from Miami today:

Among the consolation prizes for the Lakers if they do end up missing out on Kawhi Leonard could be Heat veteran Goran Dragic. Ira Winderman of the South Florida Sun Sentinel speculates that the 33-year-old could be a good, short-term fit for the squad as it builds out its roster.
There’s a chance that Pat Riley may have drafted differently had he known that Jimmy Butler would be on his roster by the end of the summer, but Ira Winderman of the South Florida Sun Sentinel reminds readers that lottery pick Tyler Herro will still have plenty of value as a shooter.
If the Heat want to convert Kendrick Nunn‘s standard contract into a two-way deal, they’ll need to do so before August 1, Ira Winderman of the South Florida Sun Sentinel reports. On that day, an additional $150,000 of his contract becomes guaranteed. The collective bargaining agreement forbids teams from converting players with more than $50,000 protection over to two-way deals. Waiving Nunn would expose him to waivers and he may get claimed.

Windhorst’s Latest: Beal, Teague, Dragic, Covington, More

July 4th, 2019 at 11:07am CST by Luke Adams

After a star-studded group of free agents hit the open market this summer, 2020’s free agent class isn’t expected to nearly as impressive, so front offices expect trades to “take center stage” over the next year, writes ESPN’s Brian Windhorst.

According to Windhorst, Bradley Beal‘s name is the one that keeps coming up when executives around the NBA discuss potential trade candidates, since the Wizards are facing a possible rebuilding – or at least retooling – process. However, sources tell Windhorst that Washington’s front office continues to resist inquiries on its All-Star shooting guard.

Here’s more from Windhorst’s article about possible trade targets from around the league:

Jeff Teague (Timberwolves) and Goran Dragic (Heat), two veteran point guards on expiring $19MM contracts, were recently discussed in possible deals, Windhorst confirms. Since Minnesota missed out on D’Angelo Russell and Miami found another way to complete its Jimmy Butler sign-and-trade, Teague and Dragic may end up staying put. Neither the Wolves nor the Heat are especially deep at the point guard spot, so if either club deals its veteran guard, it would need to line up another option at the position, Windhorst notes.
The Timberwolves were dangling Robert Covington in an effort to move up in the draft, but eventually dealt Dario Saric instead. Still, league executives wouldn’t be surprised if Covington is back on the trade market at some point in 2019/20, says Windhorst.
Windhorst is skeptical that the Grizzlies will be able to get a real asset in return for Andre Iguodala, suggesting that Memphis’ efforts to trade him may still eventually lead to a buyout.
The Cavaliers will likely try to move Tristan Thompson or John Henson by the trade deadline, according to Windhorst. Both big men are on expiring deals, with Thompson owed $18.5MM while Henson will make $10.5MM.