Heat Rumors

Heat Rumors: Winslow, Wade, Robinson, Weber

It remains to be seen how aggressive the Heat will be in trying to lock up Justise Winslow to a rookie scale extension this offseason, according to Barry Jackson of The Miami Herald, who writes that the team has yet to present an offer to the fourth-year forward. The Heat also haven’t indicated whether or not an offer will be forthcoming, but the two sides are expected to meet in the coming weeks, Jackson reports.

Miami will have until October 15, the day before the start of the regular season, to work out an extension with Winslow. Without a new deal in place, the former lottery pick would be on track to reach restricted free agency in 2019, and one GM tells Jackson that he could see the 22-year-old fielding offers starting at about $9MM per year. Of course, Winslow’s play in 2018/19 would go a long way toward determining his market value next summer.

Here’s more on the Heat:

  • It doesn’t appear that anyone outside of Dwyane Wade‘s inner circle knows his intentions for the coming season, but two sources – one Heat person and one person who has spoken to Wade – tell Jackson that Wade “seems inclined to play” in 2018/19. That’s far from definitive though. The future Hall-of-Famer has been mulling a return to the Heat, but it’s still possible that he’ll follow fellow veterans Manu Ginobili and David West into retirement.
  • The Heat haven’t ruled out the possibility of converting Duncan Robinson‘s two-way contract to a standard NBA deal if he impresses the club during training camp and the preseason, writes Jackson. Even if Wade and Udonis Haslem re-sign with Miami, the team would have one open spot on its 15-man roster for the regular season.
  • Briante Weber finds himself in a familiar spot this fall, as he prepares to head to training camp with the Heat for the third time in his four-year professional career. Weber, who has only ever appeared in a single regular season game for the Heat, is hoping that his fourth overall contract with the club will be the one that sticks, as Ira Winderman of The South Florida Sun Sentinel details.

Chris Bosh Hasn’t Given Up On Comeback

Chris Bosh still wants to return to the NBA, but he realizes the clock is rapidly ticking on that dream, writes Ben Rohrbach of Yahoo Sports.

Bosh, 34, hasn’t played since doctors discovered a return of blood clots midway through the 2015/16 season. The 11-time All-Star sees the upcoming season as his last shot to get back into the league.

“Yeah, it’s still on my mind,” Bosh said. “Obviously, if it doesn’t happen by February, I’m not stupid, but yeah, I’m still looking forward to that. I’m still trying to overcome that hump and trying to get something going. I’m looking forward to the challenge. I know I can still play some ball and be a 3-and-D guy for somebody out there.”

Bosh tried to return to the Heat in 2016, but failed a physical prior to training camp. Doctors were concerned about his ability to perform while taking medication to ward off the blood clots and the potential dangers if he were to suffer a cut during a game while on blood thinners. Bosh says he has consulted with enough doctors to make him confident that he can safely return to playing.

Based on Bosh’s condition after the failed physical, Miami was able to successfully petition the NBA to get the $52.1MM remaining on his contract removed from its salary cap.

In the time he has been away, Bosh believes the game has changed to make his skills more valuable than ever. As a big man who can space the floor, he hopes to fill the same role with a contender that he did when the Heat reached the NBA Finals in four straight years.

Former Kings Employee Accused Of Stealing Funds

Jeffrey R. David, the former chief revenue officer for the Kings, is under suspicion of diverting $13.4MM from two team sponsors, according to Sam Stanton and Darrell Smith of The Sacramento Bee. David allegedly used the money to buy beachfront property in Southern California.

David is being investigated by the FBI and federal prosecutors, who say he set up a money-laundering scheme that took $9MM from the Golden 1 Credit Union and an additional $4.4MM from Kaiser Permanente Foundation.

No criminal charges have been filed, and the reporters weren’t able to get a comment from David. However, the Kings issued a statement confirming the investigation.

“Last week, we alerted federal law enforcement to suspicious financial transactions involving a former Kings employee, Jeff David,” the team said in its statement. “That investigation is underway and on Monday, U.S. Department of Justice authorities began the formal process of recovering and seizing the properties involved in the investigation.

“We appreciate the swift action on behalf of the officials at the FBI and U.S. Attorney for the Eastern District of California McGregor Scott as they work to complete this investigation and we will take all appropriate action once it is complete.”

David left the team June 1 when his position was eliminated. He currently serves as chief revenue officer for the Heat.

William Portanova, an attorney for the Kings, said the organization contacted federal officials as soon as it became aware of the situation. He offered assurances that all the missing money is being recovered. Team officials are expected to brief their ownership group on the progress of the investigation tomorrow morning.

Two sources told The Sacramento Bee that the cash in question was part of advertising contracts the companies signed with the team, including naming rights for the Golden 1 Center. David, who was in charge of negotiating ad contracts and corporate partnerships, allegedly asked for advance payments from the two companies and diverted that money into a company he set up called Sacramento Sports Partners LLC.

The Heat also issued a statement today and have placed David on leave while the probe continues, relays Ira Winderman of The Sun-Sentinel (Twitter link).

“We are aware of the investigation of Jeff David, which focuses on events that took place prior to his joining our team,” the statement read. “We are fully cooperating with the authorities. Jeff David is on leave, pending the outcome of the investigation.”

Yante Maten Excited To Prove Himself

  • Heat power forward Yante Maten is excited to show people what he can do after signing a two-way contract with Miami this summer, reports Ira Winderman of the Sun-Sentinel. The 2018 SEC Player of the Year believes his ability to stretch the floor and play hard on both sides of the court will help find him success in the NBA.

Winslow Could Play Multiple Positions

  • The Heat are unlikely to trade for a star player during the upcoming season, though they could dump some salary to avoid the luxury tax, Ira Winderman of the South Florida Sun Sentinel opines. The current roster doesn’t look strong enough to justify a bold move for a big-time player. Instead, it’s more likely the plan to return to prominence will center around 2020 free agency, Winderman adds.
  • The Heat ought to experiment with Justise Winslow, and Josh Richardson in various situations and positions to find out how they fit into the long-term picture, Winderman argues in another mailbag post. They could look at Winslow anywhere from a backup point to an undersized power forward. They could also take a similar approach with Richardson, even though he’s already signed an extension, Winderman adds.

Jarnell Stokes Signs Contract With Heat

AUGUST 27: The signing is official, according to the team’s Twitter feed.

AUGUST 20: The Heat have agreed to a contract with forward Jarnell Stokes, Alex Kennedy of HoopsHype tweets.

Terms were not disclosed but it’s almost certainly a training camp deal.

The 6’9” Stokes hasn’t appeared in an NBA game since the 2016/17 season, when he made two cameos with the Nuggets. He was in the Heat organization the previous year and saw action in five games. He also played 21 games with the Grizzlies after being acquired in a draft-night trade with the Jazz. He was the 35th pick of the 2014 draft.

Stokes played in China last season before getting waived in early February. He played for the Bulls’ summer league team in July and averaged 5.0 PPG and 2.8 RPG in 10.2 MPG over five Las Vegas games.

His biggest claim to fame was being the G League MVP in 2016 after posting averages of 2o.6 PPG and 9.3 RPG for the Sioux Falls SkyForce.

Robinson Vying For Standard Contract; Riley Needs Commitment From Wade

Despite being invited to participate with USA Basketball in its World Cup qualifying round games, Heat swingman Duncan Robinson has opted to remain in Miami for informal team workouts in the hopes of landing a standard NBA contract for the upcoming season, reports Ira Winderman of the Sun-Sentinel.

“I’m really proud in the fact that Duncan Robinson has been invited to play in the international series,” said Heat team president Pat Riley“but he decided to stay here because he wanted to make our team, he wants to force us into giving him a real (standard NBA) contract.”

Robinson, 24, signed a two-way contract with the Heat on July 10th that would limit him to 45 days in the NBA this coming season and maximum earnings of about $385K, per Winderman. A standard NBA contract at the rookie minimum would pay Robinson just north of $838K.

Robinson says that his goal in passing over the opportunity to play for Team USA is to maximize his opportunities in the Heat developmental program. “I mean the margin between having this job or being overseas or being in the G League, whatever it might be, is so thin,” Robinson said. “And I understand that. I understand I caught some breaks and was able to put myself in a situation to be successful. I’m certainly thankful for that.”

  • In another piece for the Sun-Sentinel, Winderman opines that Riley is fully committed to signing Wade to a free agent contract this summer, luxury tax concerns be darned. Riley’s greater concern would be Wade’s level of commitment. Per Winderman, Riley would likely want a commitment from Wade that this season isn’t simply a retirement tour, but that Wade is seriously interested in making the Heat a better team.

Wade's Salary Could Affect Tax Bill

  • If Dwyane Wade returns to the Heat, his contract could range from the $2.4MM veteran’s minimum to the $5.3MM mid-level exception, and the difference would be significant for the team, notes Ira Winderman of The Sun-Sentinel.  With tax penalties, a $5.3MM salary would cost the Heat $14.2MM and move them into the second level of the tax multiplier. A minimum salary would carry a total cost of $3.8MM and make it easier for Miami to escape the tax with a trade later in the season. “I don’t think this is about negotiating a mid-level or dollars,” team president Pat Riley said. “It’s about getting Dwyane back. It’s not really about the tax right now. Even though we have a tax situation, we’ll work our way around that.”

Heat Want Dwyane Wade Back, Will Meet Soon

Heat president Pat Riley will meet with Dwyane Wade in the near future with the goal of signing Wade for at least one more season, Tim Reynolds of the Associated Press tweets. “We want him back,” Riley said.

Riley also wants to re-sign big man Udonis Haslem. The Heat have been holding roster spots for both longtime veterans.

According to Riley’s ‘gut feeling,’ Haslem will be back. Wade’s return is less certain.

Riley indicated that Wade’s return is not linked to offering the team’s full taxpayer mid-level exception of $5.3MM, according to Ira Winderman of the South Florida Sun Sentinel (Twitter links).

The Heat already have nearly $127MM in salary commitments, which would put them over the luxury tax threshold.

Wade recently stated he wouldn’t play overseas after he reportedly received a lucrative offer from a Chinese team. Haslem has been working out with other Miami players in anticipation he’ll re-sign with the team he’s played for the past 15 seasons.

Heat Sign Guard Briante Weber

AUGUST 21: The signing is official, according to a team press release.

AUGUST 13: The Heat have agreed to a partially-guaranteed contract with guard Briante Weber, Shams Charania of Yahoo Sports tweets.

Weber played for the Grizzlies last season on a 10-day contract after he was released in mid-January by the Rockets. He appeared in a total of 18 NBA games, averaging 2.8 PPG and 1.2 APG in 13.2 MPG. Weber, 25, played one game for Miami during the 2015/16 season, so this is his second stint in the organization.

He has also donned the Warriors and Hornets uniforms. Overall, he’s logged 45 NBA games, averaging 3.4 PPG and 1.4 APG in 13.6 MPG.

Weber provides depth at the point guard spot behind starter Goran Dragic and Tyler Johnson. The addition of Weber gives Miami 14 players on the roster, not counting its two-way contracts, Ira Winderman of the South Florida Sun Sentinel tweets.