Miami Heat Rumors | Hoops Rumors

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.

Heat Seeking To Move Money

July 1st, 2019 at 9:38pm CST by Dana Gauruder

The Heat are still seeking to ship out contracts to ease their cap burden and reduce the need to stretch Ryan Anderson‘s contract, Barry Jackson of the Miami Herald tweets. Miami is hopeful of reducing or eliminating its luxury tax penalty for next summer, Jackson adds. The Heat are trying to hold onto Bam Adebayo, Justise Winslow and Derrick Jones Jr. but are open to moving other veterans, Jackson adds in another tweet. The Heat have been extremely active in recent days, most notably piecing together a sign-and-trade for Jimmy Butler and reaching an agreement to trade Hassan Whiteside to the Trail Blazers.

Heat’s Jimmy Butler Sign-And-Trade Deal To Include Clippers, Blazers

July 1st, 2019 at 7:58pm CST by Luke Adams

7:58pm: The 2023 first-round pick being sent from the Heat to Clippers will be lottery-protected through 2025, then unprotected in 2026, tweets Anthony Chiang of The Miami Herald.

5:00pm: The Clippers will receive a protected 2023 first-round pick from the Heat in the deal, according to ESPN’s full report.

4:17pm: The sign-and-trade deal that will send Jimmy Butler to the Heat and Josh Richardson to the Sixers has been agreed upon, according to ESPN’s Adrian Wojnarowski and Zach Lowe (Twitter link).

As Wojnarowski explains (via Twitter), the trade between the Trail Blazers and Heat that will send Hassan Whiteside to Portland is becoming part of the transaction, with Maurice Harkless being re-routed to the Clippers to make it a four-team deal.

The Clippers will also receive a future first-round pick from Miami, according to Wojnarowski. Since the Heat have already traded their 2021 first-round selection to the Clippers and can’t give away consecutive future first-rounders, the next one that is trade-eligible would be the 2023 selection, tweets ESPN’s Bobby Marks.

As part of the four-team swap, the Sixers will send the draft rights to 2017 second-rounder Mathias Lessort to the Clippers, reports Keith Pompey of The Philadelphia Inquirer (Twitter link).

As of now then, this is what the deal would look like:

To Heat: Jimmy Butler (via sign-and-trade, getting a four-year, $141MM contract) and Meyers Leonard.
To Sixers: Josh Richardson
To Clippers: Maurice Harkless, a future Heat first-round pick, and the draft rights to Mathias Lessort.
To Trail Blazers: Hassan Whiteside

After acquiring Harkless, the Clippers will still have a maximum-salary slot available in the event that Kawhi Leonard decides to join them, tweets Marks. It would be a tight fit though, notes ESPN’s Zach Lowe, who tweets that the club might have to renounce a couple of small cap holds. Obviously, if Leonard decides to go elsewhere, that wouldn’t be necessary.

As for the Heat, they had let Goran Dragic‘s camp know that they’d likely to need to move the point guard in order to complete the Butler acquisition, but that shouldn’t be necessary after all, tweets Barry Jackson of The Miami Herald.

Still, as Marks points out (via Twitter), Miami will have to make an additional move to make sure it gets below the hard cap $138.9MM that applies to teams that acquire a player via sign-and-trade. Waiving and stretching Ryan Anderson‘s contract looks like the most logical path for the Heat.

We have more details in other stories on the Butler/Richardson aspect of this deal, as well as the Blazers’ Whiteside acquisition.

Photo courtesy of USA Today Sports Images.

Free Agent Rumors: P. Gasol, Mavs, Wolves, Wright, More

July 1st, 2019 at 6:45pm CST by Luke Adams

Pau Gasol, whose contract with the Bucks is up, continues to recover from a procedure on his left foot, but he wants to continue his NBA career next season, he tells ESPN’s Adrian Wojnarowski (Twitter link).

“My recovery from surgery has been smooth and I expect to be fully cleared for basketball activities in early August,” Gasol said. “I cannot wait to start training again.”

Gasol, who is an unrestricted free agent, is the only one of Milwaukee’s free agents who has yet to reach an agreement this week. There has been no indication that the Bucks are seeking a reunion.

Here are a few more free agency notes and rumors:

The Mavericks are among the teams that have expressed “strong interest” in Delon Wright, league sources tell Ian Begley of SNY.tv (Twitter link). Darren Wolfson of SKOR North tweets that the Timberwolves have also inquired on Wright. Wright is a restricted free agent, so the Grizzlies would have the chance to match an offer sheet.
The Timberwolves continue to kick the tires on free agent point guard T.J. McConnell, according to Wolfson, who tweets that the Sixers, Heat, Lakers, Grizzlies, Suns, Wizards, and Pacers have also checked out McConnell. Barry Jackson of The Miami Herald (via Twitter) notes that McConnell could be a target for Miami if the team trades Goran Dragic.
The Thunder are among the teams that have expressed some interest in veteran guard Jodie Meeks, a league source tells Brett Dawson of The Athletic (Twitter link). Dawson’s report came shortly before Oklahoma City agreed to terms with Alec Burks, so it’s not clear if the club remains interested in Meeks.
In a text message to Marc J. Spears of The Undefeated (Twitter link), Enes Kanter explains that he considered re-signing with the Trail Blazers, but didn’t feel as if they gave him enough time to make his decision. Kanter agreed to a two-year deal with Boston.

Eastern Notes: Heat, Horford, Knicks, Hornets

July 1st, 2019 at 2:59pm CST by Luke Adams

The Heat have engaged the Wizards in trade discussions, a source in contact with one of the teams tells Barry Jackson of The Miami Herald (Twitter link). Jackson notes that Miami “loves” Bradley Beal, but acknowledges that Washington has repeatedly indicated it has no plans to move its star shooting guard. Even if the Wizards were willing to discuss Beal, the Heat’s limited assets and difficult cap situation would make it “highly challenging” to put together a realistic deal, Jackson adds.

In other Heat trade news, the proposed deal with the Mavericks that appeared to be nearing completion on Sunday now looks dead. It won’t receive the same scrutiny or mockery that the in-season Dillon Brooks/MarShon Brooks mix-up involving the Wizards, Grizzlies, and Suns did, given everything else that’s going on this week, but the Mavs/Heat deal apparently also fell apart due to a miscommunication — Miami was certain that Goran Dragic was involved, while Dallas thought it was acquiring Kelly Olynyk and Derrick Jones, as Tim Cato of The Athletic details.

Here’s more from around the Eastern Conference:

A source tells Mark Murphy of The Boston Herald that Al Horford‘s decision to sign with the Sixers was partly about money, but also about the opportunity to play alongside a star center. Horford has “always been uncomfortable in a traditional center’s role,” Murphy writes.
Multiple league executives questioned why the Knicks used their cap room to sign a collection of non-stars rather than trying to take on bad contracts to add future assets, writes Mike Vorkunov of The Athletic.
Hornets owner Michael Jordan issued a statement today bidding farewell to Kemba Walker and thanking him for “eight incredible seasons with our franchise” (link via JD Shaw of Hoops Rumors). “He always represented the Hornets, the NBA, and the city of Charlotte with class – both on the court and in the community – and we are disappointed he is leaving,” Jordan said.

Heat To Trade Hassan Whiteside To Blazers

July 1st, 2019 at 11:39am CST by Luke Adams

The Heat have reached an agreement on a trade to send center Hassan Whiteside to the Trail Blazers, according to Adrian Wojnarowski of ESPN.com, who reports (via Twitter) that Portland is giving up Maurice Harkless and Meyers Leonard in the deal.

[UPDATE: Harkless to be re-routed to Clippers in four-team trade]

In acquiring Whiteside, the Blazers will secure a replacement at the five for Enes Kanter, who looks like a good bet to sign elsewhere. Whiteside figures to start at center for the Trail Blazers while Jusuf Nurkic continues to recover from a leg injury that is expected to sideline him well into the 2019/20 regular season.

Whiteside, 30, saw his role in Miami decline over the last couple years, but continued to put up strong numbers on a per-minute basis. In 72 games in 2018/19, the big man averaged 12.3 PPG, 11.3 RPG, and 1.9 BPG in just 23.3 minutes per contest.

While the Blazers will fortify their center position in the deal, their perimeter defense will take another hit. Having already lost Al-Farouq Aminu in free agency to Orlando, Portland will now part with Harkless as well. Newly-acquired forward Kent Bazemore will be leaned on heavily to help replace that duo.

As for the Heat, they’ll move on from Whiteside, who hadn’t been thrilled about having his minutes cut back during the last two seasons, publicly griping about his role on more than one occasion. Miami won’t have to take back any long-term salary in the deal, as all three players are on expiring contracts, and will save about $4.8MM based on the difference in salaries between Whiteside ($27.1MM) and the combo of Leonard ($11.3MM) and Harkless ($11MM).

Those savings could come in handy, since the Heat will face a hard cap of $138.9MM by acquiring Jimmy Butler via sign-and-trade. Speaking of that Butler trade, cap expert Albert Nahmad notes (via Twitter) that moving Whiteside won’t help solve the salary-matching issue Miami faces in that deal, so at least one more move will be required.

With Whiteside out of the picture, Bam Adebayo projects to take an ever larger role in Miami’s frontcourt.

Photo courtesy of USA Today Sports Images.