Heat Rumors

Pat Riley On Trade Rumors: “We’re Not Actively Pursuing Anything”

Heat president Pat Riley spoke today in front of fans and media personnel, answering questions about the team’s reported pursuit of Jimmy Butler, his decision to address the players, and where the team currently stands from a competitive viewpoint. Riley made his comments at an event created to help renovate the homes of two veterans, with the longtime Heat executive being joined by Glen Rice, Alonzo Mourning, and others.

“I’m not looking, I’m listening and [general manager Andy Elisburg] and I are … we’ve been doing this all the time,” Riley said, according to Anthony Chiang of the Miami Herald. “We’re not actively pursuing anything, we’re listening. But you have to be part of what’s going on in the conversation in the NBA, and there’s a lot of hypotheticals from that standpoint.”

Riley also added that he “never called anybody with an offer, but there’s always conversations — probably more Andy than myself because he loves to talk. So he has a brethren out there, and his brethren are great. He’s got 29, 30 GMs that they all like to talk, and so they need to talk to one another. You listen, and I think that’s how things happen is you just sort of listen.”

The Heat nearly reached agreement on a Butler trade with the Timberwolves last month, according to ESPN’s Adrian Wojnarowski, but the deal fell apart shortly before completion. With rumors swirling and players’ names surfacing in reports, Riley made the decision to pull the plug for the time being. He made his plans known to Heat players and assured them they would remain with the team.

“I think it was important. It was about time,” Riley said when asked why he addressed the team. “I let it go for about two weeks, but it was all over the board and when things get out publicly like that, I think your players and names start to hit, you’ve got to talk to them. I always talk to the agents first, but I thought at that time it was best just to sort of, ‘Let’s get the season started. We’re not going to do anything. We shut the thing down, and this is where we are with it.’”

The Heat have started the 2018/19 season with a 5-5 record, and could revisit the Butler talks down the road. For the time being, however, it certainly appears the team isn’t pursuing a trade for Butler or any other player.

No Jimmy Butler Resolution Appears Imminent

No resolution appears imminent on the Jimmy Butler front, according to Shams Charania of The Athletic, who reports that the Timberwolves “never” showed any willingness to accept the Rockets‘ previously reported offer of Brandon Knight, Marquese Chriss, and four first-round draft picks. Accepting a package that featured a pair of probable non-rotation players and a handful of picks with uncertain conditions was a “non-starter” for Tom Thibodeau, league sources tell Charania. Charania also reaffirms something we’ve heard within the last week or two, writing that there’s a belief around the NBA that the Heat and/or Sixers could re-engage the Timberwolves at some point on Butler.

NBA Trade Candidate Watch: Southeast Division

Over the course of the 2018/19 NBA season, up until February’s trade deadline, we’re keeping an eye on potential trade candidates from around the NBA, monitoring their value and exploring the likelihood that they’ll be moved. Each of these looks at possible trade candidates focuses on a specific division, as we zero in on three players from that division.

Viewed as perhaps the weakest division in the NBA coming into the season, the Southeast has been even worse than expected during the first month, with the Wizards and Heat both struggling. Not every Southeast team will be a seller at the deadline, but it looks safe to assume that at least a couple will.

Here’s our early-season look at a few possible trade candidates from the Southeast…

Kent Bazemore, F
Atlanta Hawks
$18.09MM cap hit; guaranteed $19.27MM player option for 2019/20

Frequently mentioned in trade rumors over the summer, Bazemore hasn’t been the subject of many recent reports, but his name figures to surface again in the coming months. The 3-6 Hawks are well on their way to a spot in the lottery, and Bazemore only has one year on his contract beyond this season. He makes much more sense as a complementary three-and-D wing for a contending team than he does as a long-term piece in Atlanta.

Bazemore has struggled with his three-point shot so far in 2018/19 (.326 3PT%), but he made a career-best 39.4% of his long-distance attempts last season, and he has otherwise been solid this year, posting career bests in PPG (14.3) and FG% (.485) in the early going. His cap charge will make a deal tricky for some teams, but if Atlanta is willing to take another unwanted contract back in a deal, there should be teams with interest.

The Pelicans and Rockets were two teams linked to Bazemore during the offseason, and both clubs still have a need on the wing. New Orleans could use Solomon Hill as a salary-matching piece, while Houston could use Brandon Knight‘s contract for matching purposes.

Marvin Williams, F
Charlotte Hornets
$14.09MM cap hit; $15MM player option for 2019/20

Williams checks a lot of the same boxes that Bazemore does — he’s a wing with good size who can knock down a three-pointer and switch between various positions on defense. He’s also a little less expensive. However, there are two roadblocks in the way of a potential Williams deal.

For one, the Hornets – unlike the Hawks – have serious playoff aspirations in 2018/19 and won’t want to surrender a reliable veteran who could help them get there. Secondly, Williams hasn’t exactly been boosting his trade stock so far. His 6.5 PPG and .371 FG% would both be career worsts, and if he doesn’t start playing better, he won’t help the Hornets win or net them anything in a trade.

Charlotte’s forward rotation will be worth watching this season. With rookie Miles Bridges looking great so far, it seems like just a matter of time until the Hornets part with at least one of Williams, Michael Kidd-Gilchrist, or Nicolas Batum, if they can.

Dion Waiters, G
Miami Heat
$11.55MM cap hit; contract guaranteed through 2020/21

The Heat were already loaded with shooting guard depth and exploring ways to move Waiters even before Rodney McGruder emerged as a more reliable option early this season. Now the former fourth overall pick looks even more expendable.

Unfortunately for the Heat, the ankle injury that ended Waiters’ 2017/18 season early has kept him out of action so far this fall, and there’s no indication of when he might return to action. The 26-year-old’s contract, which still has two years left after this season, will probably still create negative value even after he gets healthy, but if he’s able to get back on the court and show off some of the talent that earned him that four-year investment in the first place, it’d go a long way toward rebuilding his stock.

The Timberwolves, for instance, might view a Jimmy Butler offer of Josh Richardson, a first-round pick, and Waiters much more favorably if they thought they could count on Waiters to stay on the court and contribute.

Previously:

Photo courtesy of USA Today Sports Images.

Hassan Whiteside Continues To Receive Inconsistent Minutes

  • Much hasn’t changed for Hassan Whiteside and the Heat this season, as his spurts of strong statistical outputs are mixed in with inconsistent playing time. As Ira Winderman points out for The Sun Sentinel, Whiteside is near the top of the league in rebounds and blocks per game, yet will still receive the short end of the stick from game-to-game, which will be something to monitor moving forward.

Heat Not Worried About Lack Of True Point Guards On Roster

Goran Dragic was expected to return to the court today but because of lingering foot pain, he won’t practice with the Heat nor play in the game against the Hawks tonight.

“I feel like it’s frustrating but just need to think about the future. So it’s still sore, so hopefully, go day by day and see what happens,” Dragic said (via Ira Winderman of the Sun Sentinel).

Miami hopes Dragic will be able to play against Detroit on Sunday, though the team will continue to take the long view rather than rushing him back on the court. While Dragic is the only true point guard on the roster, coach Erik Spoelstra believes the team has all it needs despite not having another traditional floor general.

“We have a lot of ball handlers,” Spoelstra said. “If anything, our roster has as much depth with ball handling and playmaking as any conventional team would with specific point guards.

“Additionally, the league is changing. It really is becoming less position oriented. I’m having enough challenges getting the ball spread around to guys. It seems like half of my roster wants to bring the ball up and initiate offense. So when Goran is out, it will give other guys opportunities to do that. But that extends to our frontcourt. We have frontcourt players that also handle the ball quite a bit.”

Miami had a Briante Weber, an experience, defensive-minded point guard, on the roster during training camp but elected to release him.

Southeast Notes: McGruder, Butler, Howard, Graham

Rodney McGruder‘s hot start to the new season could affect the Heat’s plans for the trade deadline, writes Barry Jackson of The Miami Herald. Through seven games, McGruder ranks 16th among small forwards in scoring, 11th in shooting percentage and seventh in 3-point shooting. He will be eligible for an extension through the end of June that could pay as much as $47MM over four seasons.

If they Heat decide to make that commitment, they’ll become more likely to trade other wing players to shed salary. Tyler Johnson and Dion Waiters have been on the market for months, Jackson notes, but other contracts may have to be moved to avoid a substantial luxury tax bill.

Miami has $135.2MM committed to 10 players for 2019/20, assuming Johnson, Hassan Whiteside and Goran Dragic all opt in to their current deals. That puts the Heat above the projected $132MM tax line and doesn’t account for the cost of re-signing Wayne Ellington, who will be a free agent next summer after making $6.3MM this year.

There’s more from the Southeast Division:

  • The Heat are willing to continue trade talks for Timberwolves star Jimmy Butler even though their last attempt ended in an angry exchange between the organizations, Jackson adds in the same story. ESPN’s Adrian Wojnarowski reported today that Minnesota’s asking price for Butler is still high (Twitter link).
  • Dwight Howard is working in the same facility with the Capital City Go Go while rehabbing a strained piriformis muscle, but he has to coordinate his schedule so he doesn’t actually practice with the team, relays Chase Hughes of NBC Sports Washington. The NBA doesn’t let its players practice with G League squads, so Howard has been working out with Wizards player development assistants Alex McLean and Mike Williams. He is expected to make his season debut on Friday.
  • Hornets rookie Devonte’ Graham will spend at least two games in the G League, according to Rick Bonnell of The Charlotte Observer. Head coach James Borrego says he wants to get the young point guard used to a heavy dose of minutes, which he can’t do at the NBA level. “These are critical moments [with the Greensboro Swarm] to go play meaningful 5-on-5 games,” Borrego said. “We can’t replicate that for him right now. And even if I could get him into the game – last night to get him two or three minutes of run – it’s not the same as sending him to Greensboro and playing. I’m excited for him and he’s excited to play.”

Jimmy Butler To Sit Out Wednesday As He Continues Push For Trade

1:24pm: There’s a belief within the Timberwolves that Butler could target specific games to sit out, league sources tell ESPN’s Adrian Wojnarowski. However, he’s unlikely to miss high-profile matchups like Friday’s game against the Warriors, according to Wojnarowski, who adds that Butler is expected to play in Golden State.

According to both Wojnarowski and Krawczynski, Butler’s camp remains frustrated with the Wolves’ inaction on his trade request and wants owner Glen Taylor to speed up the process. There’s a “collective belief” among Butler’s suitors that Thibodeau isn’t looking to seriously negotiate a trade yet, sources tell Woj.

Addressing the Rockets’ offer specifically, Krawczynski notes that Minnesota isn’t interested in taking on Knight’s contract. The Rockets have made “no progress” on a Butler deal with the Wolves, tweets Sam Amick of The Athletic.

12:34pm: The situation remains fluid, according to Krawczynski, who tweets that Butler could very well return to the Timberwolves’ lineup for Friday’s game. ESPN’s Adrian Wojnarowski reports (via Twitter) that there’s an expectation Butler will fly to Golden State with the team for Friday’s game, adding that it was the Wolves that suggested the 29-year-old rest on Wednesday. Teams talking to Minnesota about Butler say the asking price remains high, per Woj.

11:57am: Jimmy Butler won’t play for the Timberwolves on Wednesday night against Utah, the team confirmed today. While the club cited “general soreness and precautionary rest” as the reasons for Butler’s absence, the four-time All-Star made the decision himself, informing head coach Tom Thibodeau of his plan this morning, according to Shams Charania and Jon Krawczynski of The Athletic (Twitter link).

Charania and Krawczynski report (via Twitter) that Butler’s decision to sit tonight represents the “next step” in his continued efforts to push the Timberwolves to trade him. According to The Athletic’s duo, Butler’s absence could turn into an extended one.

If Butler is healthy enough to play and is opting to sit out against the Wolves’ wishes, the team would have grounds to dock his salary for each game he misses. It’s not clear if that’s where this is headed though — when Thibodeau initially announced the news on Butler, there was no indication that the club wasn’t on board with having him sit out Wednesday’s game.

This is just the latest development in a saga that has had its fair share of dramatic twists and turns since word of Butler’s trade request broke a week before training camps got underway. The All-NBA wing looks like a lock to be traded before February’s trade deadline, but he’s clearly hoping to force Minnesota to make a move well before then.

The Heat and Rockets have been the teams most frequently identified as suitors for Butler, though Marc Stein of The New York Times wrote on Tuesday about “steady rumbles” around the NBA that the Sixers will eventually make a push too. Miami appeared close to landing Butler at one point during the preseason with a package centered around Josh Richardson and a first-round pick, but couldn’t finalize a deal.

As for Houston, the Rockets reportedly offered Marquese Chriss, Brandon Knight, and four first-round picks for Butler. Since it has been two months since Chriss and Knight were acquired from Phoenix, those two players can now have their salaries aggregated together in a trade for salary-matching purposes, meaning that – as of today – such a deal would be allowed. However, the Wolves reportedly showed little interest in Houston’s offer, preferring a package that includes Eric Gordon.

Photo courtesy of USA Today Sports Images.

Wolves Demanding Eric Gordon From Rockets

The Rocketslatest attempt to get Jimmy Butler from the Timberwolves by offering Brandon Knight, Marquese Chriss and four first-round picks is a non-starter, according to Malika Andrews of ESPN, who hears from sources that Minnesota won’t consider any deal that doesn’t include Eric Gordon.

Coach Tom Thibodeau is focused on returning to the playoffs and wants a trade that will benefit the team right away. Knight and Chriss are both injured and neither has been effective over the past two seasons in Phoenix. Thibodeau still has three years and $24MM left on his contract, but there have been rumors that his job may be in jeopardy if the Wolves commit to a full rebuilding project.

Plan A for Thibodeau is to hold onto Butler for as long as possible — possibly until February’s trade deadline — to help with the playoff push, Andrews adds. However, the team is off to a 2-4 start, including a 30-point loss last night to the Bucks, so that strategy isn’t off to a great start.

Butler, who started the process with a trade request last month, has received assurances from owner Glen Taylor that the team will continue to pursue a deal, according to Andrews, who hears from sources that another serious effort will be made about 10 to 15 games into the season.

Taylor has put GM Scott Layden in charge of working out a trade while Thibodeau coaches the team. The Heat and Sixers remain interested and Taylor has been hoping both teams will consider increasing their offers.

“I don’t consider anything drama,” Butler told reporters after a season-low four-point performance Friday. “I consider it business.”

Southeast Notes: McGruder, Butler, Kidd-Gilchrist, Ressler

Heat guard Rodney McGruder is boosting his chances for a contract extension with his productive start to the new season, writes Ira Winderman of The Sun Sentinel. Through four games, McGruder is putting up numbers that dwarf his career averages, posting 16.5 points, 6.8 rebounds and 4.0 assists per night. After missing all but 18 games last season with a leg injury, McGruder is making the most of his newly won spot in the starting lineup.

The 27-year-old is eligible for an extension that could pay him up to $47MM over four seasons. McGruder and the Heat can negotiate an extension through June 30, so there’s no rush to get a deal done. Miami could also opt to make him a restricted free agent by making a $1.9MM qualifying offer.

The Heat’s salary structure could be the main thing standing in the way of a McGruder extension, Winderman notes. If Hassan Whiteside, Tyler Johnson and Goran Dragic all opt in, the team will have eight players earning at least $10MM next season. A long-term deal for McGruder would also cut into Miami’s cap room for 2020, when the organization hopes to be competitive in the free agent market with those three contracts off the books.

There’s more news from the Southeast Division:

  • Jimmy Butler‘s greatest value to the Heat could be to entice another star to join the team in 2020, Winderman suggests in a separate piece. Even if the organization gives Butler the maximum contract he wants, it would have enough to offer a max deal in free agency.
  • Even though he’s no longer a starter, Michael Kidd-Gilchrist is enjoying the changes implemented by new Hornets coach James Borrego, relays Rick Bonnell of The Charlotte Observer. Kidd-Gilchrist also had his minutes reduced and was moved from small forward to power forward, but he’s thriving in the new system. “A new coach, a new way of playing, a new lifestyle,” he said. “It is easy and simple. It’s me running in transition. All my teammates helped me from Day One about not starting, saying, ‘It’s OK.’”
  • Hawks owner Tony Ressler tells Jeff Schultz of The Athletic that he takes the blame for the team’s recent collapse and describes his former management team of Mike Budenholzer and Wes Wilcox as “total dysfunction.” They frequently disagreed on personnel moves, with Budenholzer, who also served as coach, being focused on a win-now approach. “Bud was not the right coach for us,” Ressler said. “He was desperate to coach a superstar. I don’t know where Bud’s head was; you’ll have to ask him. But I do think when some people have a very short life as the decision-maker, and they no longer have it, sometimes they miss it.”

Heat Re-Open Jimmy Butler Trade Talks

The Jimmy Butler trade market appears to be coming back to life after briefly going dormant early in the regular season. After word broke on Thursday that the Rockets have made the Timberwolves an offer that features four first-round picks, multiple Friday reports have suggested that the Heat are once again back in the mix.

The Five Reasons Sports Network first reported (via Twitter) that the Heat were engaged in Butler conversations, with Stefano Fusaro of ESPN subsequently confirming (via Twitter) that Miami and Minnesota have re-opened those discussions.

The Heat were the team most frequently linked with Butler during the preseason, with reports suggesting that they nearly reached an agreement with the Wolves that would have sent Butler to Miami in exchange for Josh Richardson, Dion Waiters, and a first-round pick. However, Minnesota reportedly asked for more, causing the deal to fall apart.

In the days leading up to the regular season, discussions between the Heat and Timberwolves temporarily came to an end, with Pat Riley reportedly telling his players that the roster would remain unchanged to start the season. However, just 10 days into the 2018/19 campaign, it appears the Heat are once again exploring what it would take to acquire Butler, perhaps spurred into action by the reports on Houston’s latest offer.

The Timberwolves are said to be showing “no inclination” to accept the Rockets’ offer, so it’s possible that the Heat remain the best bet to ultimately land the All-NBA swingman. The emergence of Rodney McGruder this fall could give Miami another intriguing trade chip or could increase the club’s willingness to surrender Richardson.