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Heat Finalizing Sign-And-Trade For Jimmy Butler

June 30th, 2019 at 8:07pm CST by Luke Adams

The Heat are finalizing a deal to acquire free agent swingman Jimmy Butler via a sign-and-trade deal with the Sixers, reports ESPN’s Adrian Wojnarowski (via Twitter). Philadelphia is receiving Josh Richardson as part of the agreement, tweets Shams Charania of The Athletic.

Butler will sign a four-year, maximum-salary contract with the Heat, reports Charania (via Twitter). The new deal will pay him just shy of $141MM.

Meanwhile, the 76ers will receive no additional salary back from Miami in the sign-and-trade agreement, tweets Derek Bodner of The Athletic. Philadelphia will use its remaining cap room to sign Al Horford to a lucrative four-year deal.

While Richardson is apparently the only player going to Philadelphia, the Heat will need to trade away more players to make the deal work from their end. As ESPN’s Bobby Marks notes (via Twitter), acquiring a player via sign-and-trade will trigger a hard cap at the tax apron ($138.9MM) for Miami, and team salary would be way over that hard cap after swapping Richardson for Butler.

[UPDATE: Mavs to acquire Goran Dragic as part of Butler sign-and-trade]

Once the dust settles and the details are sorted out, the Heat will be adding the sort of impact player to their lineup that they’ve long sought. In fact, as Kevin O’Connor of The Ringer points out (via Twitter), Miami made a player for Butler last fall using Richardson as bait before the Timberwolves decided to send him to Philadelphia instead.

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. While his numbers dipped a little in Philadelphia, Butler averaged at least 20 points per game in each of the previous four seasons before 2018/19, making the All-Star Game in all four of those years.

With Butler headed to Miami, it will be worth watching the Clippers and Rockets to see what their next moves are. Houston had long projected confidence that it could land Butler via a sign-and-trade of its own, while the Clips had reportedly hoped to pair Butler and Kawhi Leonard in Los Angeles.

Photo courtesy of USA Today Sports Images.

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Free Agent Notes: Harris, Leonard, Portis

June 30th, 2019 at 5:10pm CST by ChrisCrouse

Tobias Harris is meeting with the Sixers to begin free agency, The Athletic’s David Aldridge tweets. Harris is seeking a full, five-year max deal.

Jimmy Butler is in Miami to begin his free agency tour and is expected to tell the Heat that he wants to sign with them. The Sixers will likely get a chance to speak with Butler before he signs elsewhere, as Miami doesn’t have the cap space necessary to offer Butler a max contract.

Here’s more from the start of free agency:

  • Magic Johnson said he has spoken to Kawhi Leonard and Dennis Robertson (Leonard’s uncle) after Leonard’s camp contacted him, Brad Turner of the Los Angeles Times relays (Twitter link). No meeting between the parties has been set up yet.
  • Bobby Portis and Jabari Parker are both operating as if they will not be back with the Wizards, Chase Hughes of NBC Sports reports on Twitter. Both players were brought to Washington in the mid-season deal that sent Otto Porter Jr. to Chicago.
  • Julius Randle is on the Knicks‘ radar, a source tells Marc Berman of the New York Post (Twitter link). New York missed out on Kevin Durant, watching him sign with the Nets.
  • The Knicks are meeting with Reggie Bullock tonight, Aldridge tweets. Bullock is ready to commit to a “strong offer,” Aldridge adds. The Lakers would like to keep him, though New York will be among the teams which will have a chance to steal him away from Los Angeles.
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Free Agent Rumors: Middleton, Butler, Kanter, Temple

June 30th, 2019 at 3:27pm CST by clarkcrum

According to Marc Stein of The New York Times, the quietness surrounding the free agency destination of Bucks’ All-Star forward Khris Middleton is because interested front offices are universally presuming that Middleton is going back to Milwaukee on a “monster” five-year deal.

Middleton, 27, is eligible to sign a five-year, $189.904MM maximum-salary contract with the Bucks, while rival suitors can only (relatively speaking, of course) offer up to $140.791MM over four years.

Echoing Stein’s sentiment from rival front offices, Gery Woelfel of Woelfel’s Press Box reports that Middleton is expected to re-sign with Milwaukee, adding that Brook Lopez and George Hill are also considered good bets to return.

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Jimmy Butler To Meet With Heat, Rockets

June 29th, 2019 at 5:25pm CST by Arthur Hill

Jimmy Butler will meet with the Heat and Rockets as he ponders his free agent options, tweets ESPN’s Adrian Wojnarowski.

Butler will sit down with Miami officials Sunday in South Florida, then will hear Houston’s presentation early next week in Los Angeles, Woj adds. He states that the Sixers haven’t ruled out sign-and-trade deals, which Butler would need to join either team.

Philadelphia still has the advantage of being able to offer Butler a five-year, $190MM deal if it decides to try to keep him, while other teams are limited to four years and about $141MM. However, the Sixers have other concerns with Tobias Harris and J.J. Redick both on the free agent market and Ben Simmons eligible for an extension this summer.

The Rockets have been the most visible organization trying to land Butler, leaking their intentions to pursue a sign-and-trade and reportedly lining up a contingent deal involving Clint Capela. Both Houston and Miami made strong efforts to acquire Butler in November when he demanded a trade out of Minnesota.

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Lowe’s Latest: Walker, Brogdon, Mavs, Rubio, Butler

June 28th, 2019 at 8:00pm CST by Dana Gauruder

The Celtics might be the frontrunner for Kemba Walker‘s services but devoting most of their cap space to the All-Star point guard would leave them without any proven frontcourt players and limited ways to acquire them, ESPN’s Zach Lowe writes in an in-depth look at free agency. The addition of Walker would force coach Brad Stevens to use either Jaylen Brown, Jayson Tatum or Gordon Hayward at power forward, Lowe notes. Walker also ran more pick-and-rolls with the Hornets than Kyrie Irving did with the Celtics, yet Irving was sometimes accused of being a ball hog, Lowe adds.

Here are some other interesting tidbits from Lowe’s column:

  • Bucks restricted free agent Malcolm Brogdon will lose a suitor if the Celtics ink Walker. The Suns, Bulls, Mavericks and Pacers could potentially extend Brogdon an offer sheet but some teams are concerned about his foot issues.
  • The Mavericks are not looking to sign any high-level free agents.
  • The Pacers are looking to make a run at point guard Ricky Rubio. They are also likely to let power forward Thaddeus Young walk and go with a frontcourt of Domantas Sabonis and Myles Turner. Indiana rejected trade offers for Turner at the draft.
  • The Heat could get involved in the Jimmy Butler sweepstakes via a sign-and-trade.
  • The Nets have no interest in doing a sign-and-trade with the Timberwolves involving restricted free agent D’Angelo Russell if it means taking back Jeff Teague or Andrew Wiggins.
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Haslem Asks For Support As He Weighs Future

June 26th, 2019 at 9:46am CST by Luke Adams
  • As he considers whether or not to retire, longtime Heat big man Udonis Haslem posted an Instagram message asking for support from fans rather than criticism from those who feel as if he shouldn’t occupy one of the club’s 15 roster spots.
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Details On Draft-Night Trade With Nuggets

June 25th, 2019 at 9:10am CST by Luke Adams
  • In the deal that saw them send the draft rights to Bol Bol (No. 44 pick) to the Nuggets, the Heat received $1.2MM in cash and will get either the Nuggets’ or Sixers’ 2022 second-round pick (whichever is lower), Pincus reports (via Twitter).
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Heat Notes: Riley, Whiteside, Dragic, Haslem

June 23rd, 2019 at 2:56pm CST by clarkcrum

Heat president Pat Riley spoke about the state of the Heat recently, and Barry Jackson of the Miami Herald passes along some of the more relevant take-aways from Riley’s comments.

Despite Justice Winslow‘s success running the point while Goran Dragic was injured last season, Riley expects Dragic to be the team’s starting point guard for the 2019/20 season. Riley also expects both Dion Waiters and James Johnson to come back strong from injuries and play a significant role.

Regarding first-round pick Tyler Herro, Riley said that the 19-year-old guard “has proven in his short time at Kentucky that he’s not only a great shooter, but he’s a competitor, he’s tough, and he can defend. We’re very excited to have him.”

Riley declined to comment on the 32nd overall pick KZ Okpala, as his rights are still owned by the Pacers. He likewise declined to speak about Bol Bol, as his rights are being traded to the Nuggets.

There’s more out of Miami this afternoon from Ira Winderman of the Sun-Sentinel:

  • Cap-strapped after both Hassan Whiteside  and Dragic opted into their player options for the 2019/20 season, the Heat are in somewhat of a holding pattern until they are able to clear those two off their books in the summer of 2020. For now, Pat Riley seems keen on encouraging Heat fans to root their young team on towards a playoff berth next season (link).
  • The Heat are likely to carry 14 players on their roster during the 2019/20 season in order to avoid the luxury tax, but will Udonis Haslem be that 14th-man (link)? It’s a possibility, and Haslem has said that his family with play a primary role in his retirement decision.
  • The conundrum the Heat face with Whiteside next season is that while he may have the chance to stay healthy and rediscover his game, how does that help Miami if they’re not a championship contender (link)? Whiteside’s contract ends after the 2019/20 season, and if the Heat are serious about developing their young core, Whiteside doesn’t really have a place on the roster past this season, so letting him stuff the stat sheet on a mediocre team for one season really does the Heat no good.
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Hassan Whiteside Opts In For 2019/20

June 21st, 2019 at 11:49am CST by Luke Adams

JUNE 21, 11:49am: Whiteside has officially exercised his 2019/20 player option, tweets ESPN’s Adrian Wojnarowski.

JUNE 21, 12:04am: Heat president Pat Riley confirms that Whiteside will opt in, adding that the center hasn’t requested a trade and he expects Whiteside to be on the team, tweets Barry Jackson of The Miami Herald.

JUNE 18, 4:21pm: There’s a growing belief that if and when Whiteside opts in, he may do so while asking for a trade, tweets Tim Reynolds of The Associated Press. Given his $27MM+ salary, it won’t be easy for the Heat to make a deal.

JUNE 18, 11:24am: Barring an unforeseen development in the coming days, Heat center Hassan Whiteside intends to opt into the final season of his contract, exercising his 2019/20 player option, a league source tells Barry Jackson of The Miami Herald.

Picking up that option will make Whiteside the Heat’s highest-paid player for next season, locking in a salary of $27,093,018, per Basketball Insiders. The veteran big man will subsequently be on track to reach unrestricted free agency during the summer of 2020.

Whiteside, who turned 30 years old last Thursday, averaged 12.3 PPG and 11.3 RPG with 1.9 BPG in 72 games (53 starts) for the Heat last season. While his numbers were solid, Whiteside’s 23.3 minutes per game represented his lowest mark since he arrived in Miami in 2014.

Whiteside hasn’t been thrilled about his reduced role and inconsistent minutes over the last two seasons. Still, despite expressing a little dissatisfaction with his playing time, he was always considered a virtual lock to exercise his player option to stick with the Heat — he’d have no chance of matching his $27MM salary for ’19/20 on the open market.

With option salaries for both Whiteside and Goran Dragic on their books for next season, the Heat’s guaranteed salary commitments will increase to nearly $130MM for just eight players, plus a $3.64MM cap hold for their first-round pick. The team figures to thoroughly explore ways to cut costs during the offseason to avoid ending up in tax territory with a roster that missed the playoffs this past season.

As our player option decision tracker shows, 10 players have already opted in for the 2019/20 season, with Whiteside and Dwight Powell (Mavericks) both planning to do so as well.

Here are a few more brief Heat notes:

  • According to Jackson, the Heat and Grizzlies discussed a possible Mike Conley trade, but didn’t see eye to eye on compensation and those talks went nowhere.
  • Jimmy Butler has told confidants that he’d be happy to meet with the Heat in free agency if the team wants to make a pitch, tweets Tim Reynolds of The Associated Press. Miami doesn’t project to have any cap room available this offseason though, so the idea of Butler joining the team is an extreme long shot.
  • University of Miami prospect Dewan Hernandez cancelled a workout with the Heat due to scheduling issues and an overcrowded workout calendar, writes Jackson.
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Heat Signing Jeremiah Martin To Exhibit 10 Deal

June 21st, 2019 at 11:40am CST by Arthur Hill

Jeremiah Martin of Memphis will sign an Exhibit 10 contract with the Heat, tweets Jonathan Givony of ESPN.

The 6’3″ guard averaged 19.7 points and 4.4 assists per game as a senior and helped the Tigers reach the NCAA Tournament for the first time in five years.

Under an Exhibit 10 deal, Martin will receive a bonus ranging from $5K to $50K if he attends training camp with Miami and spends at least 60 days with the Heat’s G League affiliate.

Nick Weiler-Babb of Iowa State has committed to play for Miami during Summer League and may also receive an Exhibit 10 contract, Givony adds (Twitter link). The 6’5″ guard posted a 9.1/5.0/4.0 line as a senior.

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