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Sixers, Heat Search For New Team To Join Jimmy Butler Sign-And-Trade

July 1st, 2019 at 12:53am CST by ChrisCrouse

The Heat are still working on options to complete the Jimmy Butler sign-and-trade with the Sixers, according to Ramona Shelburne of ESPN.com (Twitter link). The two sides will search for a third team to take on additional salary from Miami, as Marc Stein of the New York Times tweets.

[RELATED: Heat Finalizing Sign-And-Trade For Jimmy Butler]

The Mavericks appeared to be the team willing to take on salary in order to help both teams complete the trade. It was reported that Goran Dragic would be sent to Dallas as part of a three-team deal, but the Mavs then felt that Dragic’s salary would eat into their cap space and hinder their other plans.

Kelly Olynyk and Derrick Jones were believed to be taking Dragic’s place in the trade, but then it was revealed that the Heat did not want to part with Jones in the deal. The Olynyk/Jones combo wouldn’t have been quite enough from a salary-matching perspective anyway.

The Heat will look for a trade partner for Dragic out of respect for the veteran. The team and his representatives are working to find a deal by July 6. per Shelburne. However, Barry Jackson of the Miami Herald (Twitter link) hears from Dragic’s camp that there is no joint effort yet to find him a suitor.

Dragic will make approximately $19.2MM next season. After a day of contract agreements, The Mavericks, Clippers, and Lakers are the only teams with the clear ability to absorb Dragic’s deal without sending salary back, though other teams could potentially create the necessary space.

It’s possible the Mavericks will change its stance again on Dragic once they have a clearer picture of who they can sign with their cap space, though that’s simply my speculation.

Assuming the two sides find a third team to make the sign-and-trade work, Josh Richardson will go to Philadelphia and Butler will begin the Miami chapter of his career on a four-year max deal.

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Potential Mavs, Heat Trade Hits Snag

June 30th, 2019 at 11:59pm CST by ChrisCrouse

11:59pm: Tim Cato of The Athletic confirms (via Twitter) that the deal is off from the Mavs’ perspective. It’s up to the Heat to salvage the deal, possibly with another team, Cato adds.

As detailed below, Miami’s acquisition of Butler is dependent on the team being able to send salary to a third team, so it’s hard to imagine the Heat not figuring it out with some team, but they’re losing leverage and don’t have a ton of assets left to sweeten the deal.

10:21pm: There’s a “glitch” in the agreement between the Mavericks and Heat, according to Jared Weiss of The Athletic, who tweets that Miami is reluctant to part with Jones and Dallas is telling people that the deal is off.

The Mavericks maintain that they thought they were getting Olynyk and Jones in the deal, but the Heat don’t want to give up Jones and say they must part with Dragic to make the math work, tweets Stein. As noted below, the Heat would have to send out at least one more player to an Olynyk/Jones package to make the trade work financially.

There’s an expectation that the deal is far enough down the road that things will get ironed out, says Weiss. The Heat’s acquisition of Butler hinges on sending out other salaries, so Miami will be very motivated to get it done. However, as Nahmad points out (via Twitter), it will be tricky for the Heat to stay under the tax apron without moving bigger salaries.

10:01pm: The Mavericks and Heat have changed the framework on their part of the sign-and-trade deal that will send Butler to Miami, according to Marc Stein of The New York Times (Twitter links). Rather than acquiring Dragic, Dallas will land Kelly Olynyk and Derrick Jones, Stein reports.

According to Stein, the Mavs are “huge fans” of Dragic, but didn’t want to surrender flexibility to make additional moves by acquiring his contract.

“In analyzing it, his salary was too high based on other things they’re trying to do,” Dragic’s agent Bill Duffy tells Ramona Shelburne of ESPN.com (Twitter link).

Due to the change, the Heat aren’t quite sending out enough salary to make the deal work, so another outgoing piece will be required, tweets cap expert Albert Nahmad.

8:42pm: Goran Dragic will become part of the Jimmy Butler sign-and-trade deal with the Heat sending the point guard to the Mavericks, Ira Winderman of the Sun Sentinel tweets. No major compensation will head from Dallas to Miami, as Brad Townsend of the Dallas Morning News tweets. The Mavs will technically have to send something out and it will likely be cash or a heavily-protected first-round pick.

Miami is sending Josh Richardson to the Sixers in exchange for Butler, who will ink a four-year max deal with a starting salary of approximately $32.7MM. The Heat needed to send out additional salary as part of the agreement to make up for the gap between Richardson’s salary ($10.1MM) and Butler’s new starting salary.

The move to send Dragic to the Mavs had been speculated throughout the day with salary cap guru Albert Nahmad (Twitter link) among those reading the tea leaves. Dragic will join Rookie-of-the-Year award winner Luka Doncic in Dallas’ backcourt.

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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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