Heat Rumors

Heat Were On KP's Wish List; Stein Discusses Heat/Suns Trade

Marc Stein of The New York Times reported last week that after meeting with Knicks‘ management, Kristaps Porzingis‘ camp gave the team a four-team list of preferred destinations in the event of a trade, with the Nets and Clippers among those would-be landing spots. In his latest newsletter for The New York Times, Stein fills in the other half of that wish list, reporting that the Heat and Raptors were also on it.

  • Stein argues that the Suns‘ trade for Tyler Johnson was “far tougher to digest” than their decision to buy out Tyson Chandler so early in the season, since the deal with Miami saved the Heat a ton of money and didn’t address Phoenix’s most glaring need (a true point guard).

Chris Bosh Prepared To Retire

Veteran big man Chris Bosh hasn’t played in the NBA since the 2015/16 season due to health issues related to blood clots, but has talked frequently since then about pursuing a comeback. In a podcast conversation with Bill Simmons of The Ringer, however, Bosh sounded prepared to give up his hopes of playing in the NBA again, suggesting he’ll officially call it a career (hat tip to Bryan Kalbrosky of HoopsHype).

Discussing his jersey retirement ceremony in Miami on March 26, Bosh acknowledged that he’ll likely get emotional at that event since he knows “that part of my life is over.”

“That has been a tough thing to deal with, but I’m good,” Bosh said, adding that he was “still trying pretty adamantly” to get back into the NBA last year, particularly as he saw the success that stretch fives were having around the league. However, he’s no longer continuing those efforts.

“That time has passed,” Bosh said. “I’ve made the decision not to pursue it anymore.”

According to Bosh, he plans to officially retire during that ceremony in Miami next month, two days after he turns 35. He joked to Simmons that he might be the first player to retire as a player on the same night that his most recent team raises his jersey to the rafters.

In 13 total seasons with the Raptors and Heat, Bosh averaged 19.2 PPG, 8.5 RPG, and 2.0 APG in 893 regular season contests, appearing in another 89 postseason games and earning a pair of titles with Miami. He also earned 11 All-Star nods and appeared on an All-NBA team in 2007.

While it’s not clear yet what the next phase of Bosh’s career will look like, he indicated that his health problems are under control and expressed some interest in a broadcasting job or an NBA front office role.

Free Agent Stock Watch 2019: Southeast Division

Every week, Hoops Rumors takes a closer look at players who will be free agents or could become free agents next offseason. We examine if their stock is rising or falling due to performance and other factors. This week, we turn our attention to the Southeast Division:

Dewayne Dedmon, Hawks, 29, C (Up) – Signed to a two-year, $14.1MM deal in 2017
Dedmon seems like a prime candidate to hit the buyout market, but incentive clauses in his contract may motivate him to stick out the season in Atlanta. As long as Dedmon stays in the rotation, spending the season with the lottery-bound Hawks shouldn’t hurt his value when he becomes an unrestricted free agent this summer. Dedmon has evolved into a ‘stretch five’ in the sixth year of his career. Lately, he’s taken a majority of his shots from beyond the arc and he’s getting pretty good at it. He’s shooting 46.4% from long range this month and 38.6% for the season, which will serve as a nice selling point.

Kemba Walker, Hornets, 28, PG (Up) – Signed to a four-year, $48MM deal in 2015
Walker will be the second-best point guard on the market after Kyrie Irving but he’ll hardly be a consolation prize. Walker has been terrific throughout the season and he’s off to a blazing start this month. In his last four games, he’s averaging 34.0 points, 8.0 assists and 5.8 rebounds. Walker is averaging a career-high 25.1 PPG this season and has missed just six games since the 2015/16 campaign. Walker has been working on a team-friendly contract paying him $12MM annually. He’ll get a gargantuan raise whether he decides to stick with the Hornets or join one of the many teams with significant cap space seeking a top-flight free agent.

Rodney McGruder, Heat, 27, SG (Down) – Signed to a three-year, $3.4MM deal in 2016
McGruder lost his rotation spot, then got it back when Wayne Ellington and Tyler Johnson were traded last week. In the last two games, McGruder has scored a total of four points on 2-for-10 shooting. He’s lacking in confidence, as evidenced by the fact he’s missed his last 17 3-point attempts. Coming off an injury-marred 2017/18 campaign, McGruder got off to a strong start and contributed as a play-maker as well as a scorer. Miami can make him a restricted free agent by extending a modest $3MM qualifying offer this summer, but even that’s no longer a sure thing.

Jerian Grant, Magic, 26, PG (Down) — Signed to a four-year, $7.57MM deal in 2015
Grant had a golden opportunity to enhance his value after getting traded to Orlando in July via a three-team swap. He entered one of the sketchiest point guard situations in the league but after failing to beat out journeyman D.J. Augustin for the starting job, he has also fallen behind Isaiah Briscoe on the depth chart. Grant has played a total of six garbage-time minutes over the last six games. It’s hard to imagine Orlando extending a $3.76MM qualifying offer to make Grant a restricted free agent, so he’ll be scrounging for a fresh start elsewhere.

Tomas Satoransky, Wizards, 27, PG (Up)– Signed to a three-year, $9MM deal in 2016
John Wall‘s pain has led to Satorsansky’s gain and he could cash in before he becomes a restricted free agent. Reports surfaced early last month that the team has engaged with Satoransky’s representatives regarding an extension. With Wall likely out all of next year after tearing his Achilles, Satoransky becomes even more valuable to the franchise. He could sign for as much as $47.5MM over a four-year period on an extension and he hasn’t hurt his cause since taking over as the primary point man. He’s racked up eight or more assists in nine games since January 9th.

Photo courtesy of USA Today Sports Images.

Every NBA Team’s Post-Deadline Roster Situation

The NBA confirmed today that 2019’s trade deadline set and matched some records. The 14 trades completed on Thursday were the most made on a deadline day in the last 30 years, and the 19 teams involved in those swaps was tied for the most over that same period.

In total, 34 players were involved in those 14 trades — and that doesn’t even count the eight deals completed during the week leading up to the deadline, as we detailed last night.

Needless to say, there has been plenty of roster upheaval around the NBA, so we’re going to use this space to take a look at all 30 teams’ roster situations to see exactly where they stand. Does your favorite team have a full roster? Or is their roster somehow only two-thirds full? Looking at you, Raptors.

Here’s a breakdown of all 30 clubs’ roster situations at the time of this post’s publication (more moves will be made in the coming days or even hours that won’t be noted here, so keep that in mind):


Atlanta Hawks

The Hawks entered the week with 15 players, but had to waive Daniel Hamilton to clear a spot to acquire Jabari Bird. They subsequently traded Tyler Dorsey for Shelvin Mack, then waived both Bird and Mack.

They currently have 13 players on their roster, leaving two open spots. They’ll have two weeks to get back to the league-mandated minimum of 14 players.

Boston Celtics

After carrying 15 players all season, the Celtics traded Jabari Bird to create an open roster spot. They’ll explore the buyout market for candidates to fill that opening.

Brooklyn Nets

The Nets entered the week with 14 players on standard contracts and one (Mitch Creek) on a 10-day deal. Creek’s contract was terminated a few days early to make room for Greg Monroe, who was waived after being acquired from Toronto.

Brooklyn now has 14 players under contract and could opt to re-add Creek (albeit on a full-season contract), sign another player, or leave that spot empty for now.

Charlotte Hornets

The Hornets had a quiet week and continue to carry 14 players, leaving one open roster spot.

Chicago Bulls

The Bulls created an open spot on their roster by trading Bobby Portis and Jabari Parker for Otto Porter, and are now carrying 14 players.

Cleveland Cavaliers

The Cavaliers acquired two players – Nik Stauskas and Wade Baldwin – for Rodney Hood, which required them to terminate Kobi Simmons‘ 10-day contract early to stay at 15 players.

Subsequently, Cleveland flipped Stauskas and Baldwin to Houston in exchange for Marquese Chriss and Brandon Knight, with Alec Burks heading to Sacramento in that three-team deal. The 3-for-2 move left the Cavs with 14 players and an open roster spot.

Dallas Mavericks

The Mavericks, already at 15 players, acquired two veterans – Zach Randolph and Justin Jackson – in exchange for Harrison Barnes, and had to waive Salah Mejri to make the deal work.

They’re currently at 15 players, but will be releasing Randolph very soon to create an open roster spot.

Denver Nuggets

The Nuggets didn’t make any moves this week and continue to carry a full 15-man roster.

Detroit Pistons

Both of the Pistons‘ trades this week were 1-for-1 swaps in terms of players, with Thon Maker and Sviatoslav Mykhailiuk replacing Reggie Bullock and Stanley Johnson.

However, with the team closing in on a deal for Wayne Ellington, someone will need to be waived to stay at the 15-man limit. That player will reportedly be Henry Ellenson.

Golden State Warriors

The Warriors didn’t make any moves this week and still have 14 players under contract, leaving an opening for potential buyout targets.

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Heat Trade Tyler Johnson, Wayne Ellington To Suns

6:27pm: The trade is official, according to a tweet from the Suns.

3:49pm: Bartelstein is working with the Suns to get Ellington to a playoff contender after this deal is completed, tweets Adrian Wojnarowski. While a trade is possible, the veteran sharpshooter could also be waived.

3:30pm: The Heat are also sending Wayne Ellington to Phoenix in the trade, tweets Shams Charania of The Athletic. That makes the deal more interesting, as the Heat are now in position for significant savings this season as well as next season.

The lottery-bound Suns likely don’t have much use for Ellington, but could flip him in another trade before the deadline, as long as they don’t aggregate his salary with another player’s.

Ellington has the ability to veto a trade, so in order to sign off on the deal, he may expect Phoenix to subsequently trade or release him. He has given his approval, agent Mark Bartelstein confirms to Barry Jackson of The Miami Herald (Twitter link).

Additionally, as cap expert Albert Nahmad observes (via Twitter), Johnson will have to waive most or all of his trade bonus to make the trade work from a salary-matching perspective if Ellington’s salary is included.

2:41pm: The Heat are in agreement with the Suns on a trade that will send guard Tyler Johnson to Phoenix, reports ESPN’s Adrian Wojnarowski (via Twitter). Ryan Anderson will head to Miami in the deal, tweets John Gambadoro of Arizona Sports 98.7.

Johnson, 26, has averaged 10.8 PPG, 2.8 RPG, and 2.5 APG with a shooting line of .426/.353/.693 in 44 games (25.5 MPG) for the Heat this season. Although he has been a solid role player in Miami, Johnson’s salary far exceeds his on-court production.

Due to a back-loaded offer sheet from the Nets, which the Heat matched in 2016, the fifth-year guard is earning approximately $19.25MM this season, with a 2019/20 player option worth the same amount. His current-year cap charge will increase a little more when he’s dealt, since his contract features a 15% trade kicker. That bonus will amount to another $1MM+ on his ’18/19 cap hit, assuming he doesn’t waive it. His option year will be unaffected.

Anderson, who has a $20.4MM cap hit of his own, was the only player on the Suns’ roster making more than $11.75MM this season, making him the logical returning piece for Johnson.

The 30-year-old was traded from Houston to Phoenix during the offseason and has played sparingly for the Suns, averaging 3.7 PPG and 3.0 RPG in 15 games (18.5 MPG). While Anderson has been a lethal outside shooter in past seasons, he has hit just 20.6% of his three-pointers this season after entering the year with a 38.2% career rate.

Anderson has a $21.26MM cap charge for 2019/20, the final year of his four-year contract, but that figure is only partially guaranteed for about $15.64MM. That will save the Heat some money next year, and they could reduce Anderson’s cap hit by $10MM+ more if they elect to release him and stretch his contract by July 10.

It’s hard to imagine Anderson will have a role in a crowded Heat rotation, but the Suns presumably plan to feature Johnson. He’s not a traditional point guard, but Johnson is capable of handling the ball and Phoenix – which lacks an answer at the point – will likely give him a chance to do so.

Photo courtesy of USA Today Sports Images.

Forbes Releases 2019 NBA Franchise Valuations

A year ago, when Forbes released its annual NBA franchise valuations, the Knicks were reeling from the news that Kristaps Porzingis has suffered a torn ACL, but still earned the top spot on Forbes’ list of the league’s most valuable teams.

This time around, Knicks fans are reeling from the trade that sent Porzingis to Dallas. Once again though, the franchise is still considered the most valuable of any of the NBA’s 30 clubs, according to a report from Kurt Badenhausen and Mike Ozanian of Forbes.

For the first time, all 30 NBA teams have a perceived worth of $1.2 billion or more, per Forbes’ annual report. While all 30 teams’ valuations cracked the $1 billion threshold for the first time last year, 10 franchises were below $1.2 billion.

The league-wide average of $1.9 billion per team in 2019 is also a new record, with franchise valuations up 13% in total over last year’s figures. NBA franchise values have once again tripled over the last five years, according to Badenhausen and Ozanian.

Here’s the full list of NBA franchise valuations, per Forbes:

  1. New York Knicks: $4 billion
  2. Los Angeles Lakers: $3.7 billion
  3. Golden State Warriors: $3.5 billion
  4. Chicago Bulls: $2.9 billion
  5. Boston Celtics: $2.8 billion
  6. Brooklyn Nets: $2.35 billion
  7. Houston Rockets: $2.3 billion
  8. Dallas Mavericks: $2.25 billion
  9. Los Angeles Clippers: $2.2 billion
  10. Miami Heat: $1.75 billion
  11. Toronto Raptors: $1.675 billion
  12. Philadelphia 76ers: $1.65 billion
  13. San Antonio Spurs: $1.625 billion
  14. Portland Trail Blazers: $1.6 billion
  15. Sacramento Kings: $1.575 billion
  16. Washington Wizards: $1.55 billion
  17. Phoenix Suns: $1.5 billion
  18. Oklahoma City Thunder: $1.475 billion
  19. Utah Jazz: $1.425 billion
  20. Indiana Pacers: $1.4 billion
  21. Denver Nuggets: $1.375 billion
  22. Milwaukee Bucks: $1.35 billion
  23. Orlando Magic: $1.325 billion
  24. Atlanta Hawks: $1.3 billion
  25. Cleveland Cavaliers: $1.275 billion
  26. Detroit Pistons: $1.27 billion
  27. Minnesota Timberwolves: $1.26 billion
  28. Charlotte Hornets: $1.25 billion
  29. New Orleans Pelicans: $1.22 billion
  30. Memphis Grizzlies: $1.2 billion

The Sixers are this year’s big riser, moving from 21st on the 2018 list to 12th in 2019. Conversely, the Cavaliers fell the most. After losing LeBron James, Cleveland was the only franchise to see its valuation dip from year to year, as it decreased from $1.325 billion (15th) in 2018 to $1.275 billion (25th) in 2019.

Lowe’s Latest: Rockets, Prince, Blazers, Heat

The Rockets and Cavaliers had discussions about sending Brandon Knight to Cleveland along with a first-round pick in exchange for Alec Burks. However, Zach Lowe of ESPN.com hears that those talks have ceased. Houston has also spoken with the Grizzlies about potential Knight deals.

Cleveland is selling Burks, Rodney Hood, and any other “indispensable asset” prior to the deadline, Lowe writes. The team is willing to take back future salary in exchange for picks.

Houston is expected to scour the market for deals leading up to the deadline with an eye on attaching a future first-rounder to Knight and Marquese Chriss. The Rockets would likely push for lottery protections on any picks that would convey past James Harden‘s prime.

Lowe’s latest piece contains trade nuggets from several teams in the league and we’ve already passed along news from the Grizzlies’ Mike Conley and Marc Gasol sweepstakes as well as the Magic’s pre-deadline plan. Here are the rest of the newsworthy notes from the ESPN piece:

  • The Hawks have made Taurean Prince available in trade talks, sources tell Lowe. Atlanta hasn’t received a ton of traction on Prince deals because of its asking price. The organization wants a young prospect and a pick in exchange for the small forward.
  • The Blazers have put their first-rounder on the table in trade talks, sources tell Lowe. Portland has reached out about Otto Porter Jr.‘s availability, though Wizards owner Ted Leonsis previously announced that the team would not be trading Porter before the deadline.
  • Porter has drawn interest from several teams. In addition to the Blazers, the Mavericks and Jazz have kept an eye on the situation. Dallas was interested in swapping Harrison Barnes for Porter prior to the Kristaps Porzingis trade.
  • Miami appears to be willing to move anyone but Justise Winslow, Josh Richardson and Bam Adebayo for cap relief. Lowe expects the Heat to try to get at least a second-round pick for Wayne Ellington.
  • Lowe confirms a previous report that JaMychal Green, Justin Holiday, and Garrett Temple are all available. Holiday, who was acquired from the Bulls earlier this year, cost the Grizzlies two second-round picks.
  • The Kings have approximately $11MM in cap space available and they want to use it to pick up an asset. Lowe writes that it could be a draft pick or a player who will help them win this season.
  • Sacramento is willing to engage in trade talks about Willie Cauley-Stein, who will be a restricted free agent this summer. The Kings may simply let the center walk should he receive too high of an offer this offseason.
  • The Bulls are expected to listen to offers for anyone but Lauri Markkanen and Wendell Carter. Lowe doesn’t expect Chicago to deal either Kris Dunn or Zach LaVine though, as the team’s asking price is anticipated to be too high.
  • The Nuggets own a pair of trade exceptions and have slightly less than $7MM in breathing room under the tax. They are open to taking on a salary dump if another team calls and has to shed a player in that price range.

Nowitzki, Wade Added To All-Star Game

A pair of NBA veterans will make one last All-Star appearance before retirement, as the league announced today that Dirk Nowitzki and Dwyane Wade will be “special team roster additions” for the February 17 game.

“Dirk Nowitzki and Dwyane Wade embody the best of the NBA: remarkable skill, drive and professionalism as well as a deep devotion to strengthening their communities and growing the game around the world,” said NBA commisioner Adam Silver. “As a global celebration of basketball, our All-Star Game is an ideal setting to salute these first-class NBA champions and Finals MVPs.”

Nowitzki and Wade won’t be part of the regular draft when LeBron James and Giannis Antetokounmpo choose up sides on February 7. They will be selected in a third round that allows each team to add a 13th player. The remaining eight starters as chosen by the fans will be taken in the first round, with the reserves going in the second round.

This will be the 14th All-Star appearance for Nowitzki, who is in his 21st NBA season, all with the Mavericks. He is the seventh-leading scorer in league history with 31,275 points, has made 12 All-NBA teams and has won both an MVP and Finals MVP award. He hasn’t announced his retirement plans, but there is speculation that this will be his final season.

Wade, who is conducting his “Last Dance” tour around the league, will be headed to the game for the 13th time. He was named All-Star MVP in 2010 and put together a triple-double in 2012. He has won three NBA titles and an Olympic gold medal and was named MVP of the 2006 Finals.

Wade was an eight-time selection to the All-NBA team and made three appearances on the All-Defensive Team. He is the Heat’s career leader in points, assists, steals, field goals made, free throws made and games played.

Photo courtesy of USA Today Sports Images.

Porzingis May Prefer Trade; Knicks Expected To Explore Market

After meeting with Knicks management to express his concern about the team’s direction, Kristaps Porzingis left the franchise with the impression that he prefers to be traded, according to Adrian Wojnarowski and Ramona Shelburne of ESPN.com (Twitter link). The Knicks are expected to begin discussions about possible Porzingis trades ahead of next week’s deadline, the ESPN duo reports.

As we relayed in our earlier Porzingis story, the injured big man – along with his brother (and agent) Janis – reportedly spoke to the Knicks today about his frustration with the team’s losing, the franchise’s history of dysfunction, and his concern about whether sustainable organizational success is possible.

While ESPN’s report suggested that Porzingis would like to win in New York, it seems that he’s not confident that can happen anytime soon. He’ll be a restricted free agent during the summer of 2019, so the Knicks are in position to hang onto him for at least another season, if they so choose, but it sounds like the club is willing to test the market to see what kind of offers are out there. The Knicks previously considered trading Porzingis when Phil Jackson was in charge of basketball decisions.

An All-Star a year ago, Porzingis averaged 22.7 PPG, 6.6 RPG, and 2.4 BPG with a .439/.395/.793 shooting line in 48 games in 2017/18, displaying franchise-player potential. However, a torn ACL ended his season early and has sidelined him for the entire 2018/19 campaign so far.

Considering Porzingis still hasn’t returned to action following that ACL tear, it’s not clear what the trade market for him would look like at this point. If he’s able to get back on the court during the final couple months of the season and prove he’s healthy, it would increase his value, but it’s not clear when he’ll return — plus, it may be tricky for the Knicks to pull off a sign-and-trade deal in the offseason.

The Celtics, Clippers, Thunder, and Spurs figure to be among the teams with interest in trading for Porzingis, tweets Frank Isola of The Athletic. Wojnarowski names the Clippers and Spurs as well, adding the Nets, Heat, and Raptors to the list of potential suitors (Twitter link). Kevin O’Connor of The Ringer (Twitter link) throws the Mavericks into the mix as well.

As we noted earlier today, Porzingis will have a limited ability to jump ship anytime soon if he’s not traded during the season or in a sign-and-trade. He could accept his qualifying offer this summer and become an unrestricted free agent in 2020, but settling for a one-year, $4.5MM deal would be a big risk for a 7’3″ player coming off an ACL tear.

His other option would be to sign a shorter-term offer sheet with a rival suitor — the Knicks would almost certainly match it, but Porzingis would have the opportunity to get back on the open market sooner than if he signs a four- or five-year contract with New York.

If the Knicks don’t move Porzingis before the deadline, it will be interesting to see if he reconsiders his stance at all in the coming months. New York has a good deal of cap flexibility and is in position to land a top-five draft pick, so it’s not as if the club is poised to stay stuck in lottery territory forever. Some good luck in the draft lottery or on the free agent market could substantially accelerate the Knicks’ rebuilding process.

Photo courtesy of USA Today Sports Images.

Heat Notes: J. Johnson, Olynyk, Jones, Ellington

James Johnson and Kelly Olynyk can expect more playing time in the wake of a knee injury that will keep Derrick Jones Jr. out of action for at least six weeks, according to Barry Jackson of The Miami Herald. Jones has been diagnosed with two right knee bone bruises and won’t be re-evaluated until mid-March.

“JJ will probably play a little more now,” coach Erik Spoelstra said. “I think he’s ready for that because of his conditioning level and rhythm. The pairing with KO and Bam [Adebayo], we’ll get back to that as well.”

Johnson and Olynyk have seen a reduction in minutes this season as Jones moved into a larger role. They are both signed through next season and have player options for 2020/21 — more than $16MM for Johnson and nearly $13.6MM for Olynyk.

There’s more from Miami, all courtesy of Jackson:

  • The silver lining to Jones’ injury is that he won’t need surgery, which Heat officials were concerned about. “It’s the best-case scenario – no surgery,” Spoelstra said. “Considering everything, it could’ve been a lot worse, and we really do think that a lot of the training he’s been doing behind the scenes, strength training with his legs – considerably stronger than he was in the past.” The 21-year-old has been a pleasant surprise in his first full season with the Heat, earning a spot in a crowded wing rotation and averaging 7.4 points per game. He has a non-guaranteed contract for next season.
  • Little-used Wayne Ellington responded with a 19-point performance when he got a chance to play in Sunday’s win over the Knicks. Spoelstra won’t commit to regular minutes for the veteran shooter, who remains a candidate to be traded to help the Heat get below the luxury tax line. Ellington and his agent, Mark Bartelstein, haven’t discussed a possible buyout if no deal can be reached, but Jackson states that several contending teams would be interested in adding Ellington if that happens.
  • A preseason plan to use Hassan Whiteside and Adebayo on the court at the same time has fallen through, with them playing just 13 minutes together so far. Adebayo’s limited shooting range has made the pairing difficult.