Heat Rumors

Heat Sign Justise Winslow To Three-Year Extension

OCTOBER 13: Winslow’s extension is official, per RealGM’s NBA transactions log.

OCTOBER 12: Heat forward Justise Winslow has agreed to a three-year, $39MM extension, Adrian Wojnarowski of ESPN tweets. The agency representing Winslow, Roc Nation, hammered out the deal with Heat president Pat Riley a few days before Monday’s rookie scale extension deadline.

The extension includes a third-year team option, Shams Charania of The Athletic tweets.

The Sun Sentinel reported on Tuesday that the two parties were close to an extension agreement.

The agreement greatly reduces the possibility of Winslow being included in a potential trade with the Timberwolves for Jimmy Butler, as CBA rules would complicate his value for salary-matching purposes.

With Devin Booker and Karl-Anthony Towns having already signed new deals, Winslow becomes the third player from the 2015 rookie class to secure an extension. There are still 2o players eligible for a rookie scale extension this year. If those players don’t sign new contracts by next Monday, they’ll be on track to become restricted free agents during the summer of 2019.

Winslow, the 10th overall pick in the 2015 draft, has not quite developed as quickly as the franchise hoped, though he showed some improvement last season. The extension will be well worth it if he effectively holds down a rotation spot during the life of the contract.

Winslow’s contract adds more guaranteed money to already hefty payroll. The Heat will now have approximately $133MM in salary commitments (including player options) for the 2019/20 season. They’ll have to make some moves to avoid paying luxury tax penalties following that season.

Winslow shot 38% from long range last season but only posted modest overall numbers, averaging 7.8 PPG, 5.4 RPG, and 2.2 APG in 68 games (24.7 MPG). However, Winslow has the ability to defend multiple positions and averaged 1.6 steals last season.

Photo courtesy of USA Today Sports Images.

Heat Rumors: Butler, Trade Talks, 15-Man Roster

Reports earlier this week on the Jimmy Butler situation suggested that the Timberwolves nearly accepted a Heat offer that included Josh Richardson and a first-round pick, but ultimately asked Miami for more. A subsequent report indicated that Wolves owner Glen Taylor wasn’t responsible for turning down that offer.

During an appearance on Mason and Ireland, ESPN’s Jorge Sedano confirmed both stories, reporting that the Heat and Timberwolves got close to a trade that would have sent Butler to Miami for Richardson, a first-round pick, and Dion Waiters. The two teams even exchanged medical information for the players involved. However, according to Sedano, Tom Thibodeau asked the Heat for more draft picks, at which point Pat Riley called him a “motherf—er” and hung up on him (Twitter links).

For what it’s worth, a source familiar with the negotiations disputes that story, telling Ira Winderman of The South Florida Sun Sentinel that Riley insists he didn’t offer such a reaction. That source apparently didn’t deny the other details of those trade discussions though.

Here’s more on the Heat, including another note on their dealings with the Timberwolves:

  • Both Winderman and Anthony Chiang of The Miami Herald report that the Heat aren’t pushing to re-engage the Timberwolves in trade discussions involving Butler. While that doesn’t necessarily mean that a deal won’t happen, Miami sounds ready to move on and prepare for the season. Butler didn’t travel with the Wolves to Milwaukee, with Thibodeau telling reporters that the All-NBA swingman is in Minnesota working on his conditioning, adding that the situation remains “fluid” (Twitter link via Dane Moore of 1500ESPN).
  • The Heat typically carry a full 15-man roster into the regular season, but the team appears likely to open the 2018/19 campaign with just 14 players, as Winderman writes in another piece for The Sun Sentinel. According to Winderman, the Heat haven’t entered the season with fewer than 15 players on standard contracts since 2003/04. Luxury tax concerns likely play a major part in that decision this year — Miami is currently over the tax line by about $6.3MM.
  • In a Q&A with Marc J. Spears of The Undefeated, Chris Bosh explained that he still hopes to return to the NBA because he views his career as an “unfinished painting.” Bosh pointed specifically to his final season with the Heat, noting that he thought the team had the potential to win the East, but he didn’t get a chance to see it through.

Heat Sign Purvis, Putney; Waive Cooke, Liggins

The Heat continue to make changes at the back of their 20-man preseason roster, announcing today in a press release that they’ve signed guard Rodney Purvis and forward Raphiael Putney. The club waived Charles Cooke and DeAndre Liggins in order to open up the necessary roster spots.

The latest series of transactions by Miami appears designed to award Purvis and Putney a little bonus money. The Heat already held both players’ G League returning rights, with the Sioux Falls Skyforce acquiring them in a pair of September trades. However, assuming both Purvis and Putney signed Exhibit 10 contracts, they’ll now be in line for bonuses worth up to $50K if they stick with the Skyforce for at least two months.

It has been a busy offseason for Purvis, who was traded from the Magic to the Thunder and then later to the Celtics before being waived by Boston. The former UConn standout appeared in 16 NBA games last season for Orlando, averaging 6.0 PPG, 1.7 RPG, and 1.1 APG in 18.1 minutes per contest. His numbers were more impressive in the G League, where he posted 20.5 PPG, 3.9 RPG, and 3.5 APG in 39 games for the Lakeland Magic.

As for Putney, he recorded 16.3 PPG, 8.2 RPG, and 2.3 BPG in 36 games (36 starts) for the Erie BayHawks, Atlanta’s G League affiliate, last season. The former UMass big man, who went undrafted in 2014, has played in several international leagues over the last few years, spending time in Saudi Arabia, Australia, Venezuela, Italy, France, and Puerto Rico.

Jimmy Butler Returns To Timberwolves’ Practice

Three weeks after his trade request went public, Jimmy Butler returned to the Timberwolves‘ facility and practiced with the team today, reports ESPN’s Adrian Wojnarowski (via Twitter).

While Butler’s participation in practice doesn’t necessarily mean a trade won’t happen, it’s another indication that he won’t sit out once the regular season begins next week. Of course, that was never really a realistic option for Butler, since – as ESPN’s Bobby Marks tweets – the NBA’s Collective Bargaining Agreement features language that makes a holdout impractical.

According to Wojnarowski (via Twitter), Butler was vocal during today’s practice, verbally challenging coaches, teammates, and the front office, including Tom Thibodeau, Scott Layden, Karl-Anthony Towns, and Andrew Wiggins. Woj describes the 29-year-old as “vociferous and emotional at times,” adding in a second tweet that at one point, Butler screamed at Layden, “You (bleeping) need me. You can’t win without me.”

As we relayed earlier today, the Timberwolves reached back out to the Rockets on Tuesday, and the Heat remain interested in rekindling talks with Minnesota, so those trade discussions figure to continue. However, reports throughout the process have indicated that Thibodeau would prefer to see Butler start the season with the Wolves. That scenario appears increasingly plausible now that the All-NBA wing is practicing with his teammates again, though perhaps the obvious tension in practice will make Thibodeau reconsider his stance.

Here are a few more of the latest notes on Butler:

  • Besides their discussions with the Heat, the Timberwolves have had no “serious, active talks” with any other team about Butler, league sources tell Wojnarowski.
  • According to Sean Deveney of The Sporting News, the Nets have been “timid” in their approach toward pursuing Butler, and have made Caris LeVert unavailable. Deveney also confirms that the Clippers are unwilling to include Tobias Harris in any offers, having instead proposed deals headlined by Danilo Gallinari or some combination of other players, such as Patrick Beverley, Milos Teodosic, and others.
  • Some league executives who spoke to Deveney expressed reservations about Butler’s potential locker room fit. “As good as Jimmy is, I think you have to be concerned about the impact he is going to have in the locker room, on your younger guys, on your coaching staff, all of that,” one general manager said. “He has gotten the benefit of the doubt, but if you look at his history, he’s had trouble getting along in Chicago and now in Minnesota. Everywhere he goes, it becomes about Jimmy, and if you’re going to bring him in, you have to account for that.”
  • Earlier today, we passed along details on the Timberwolves‘ discussions with the Rockets.

Wolves Want Gordon, Tucker From Rockets For Butler

After their latest round of Jimmy Butler discussions with Miami came to a standstill over the weekend, the Timberwolves reached out to the Rockets again on Tuesday morning, a league source tells Stefano Fusaro of ESPN (Twitter link). According to Fusaro, talks between the Wolves and Rockets have yet to advance, since Minnesota wants both Eric Gordon and P.J. Tucker in any deal, and Houston is unwilling to put Tucker on the table.

The Wolves’ asking price in negotiations with the Rockets doesn’t come as a surprise. With James Harden, Chris Paul, and Clint Capela sure to be unavailable, Gordon and Tucker are Houston’s next-best assets. Marc Stein of The New York Times suggested last week that the Rockets may have to package both veterans, along with at least one first-round pick, in order to have a real chance to land Butler.

On the other hand, it makes sense that the Rockets would balk at that request from Minnesota. Gordon and Tucker are crucial pieces in Houston’s lineup, and Tucker is an especially good fit in a system which values versatile players who can make three-pointers and defend multiple positions. Having already lost a pair of reliable veterans who fit that bill – Trevor Ariza and Luc Mbah a Moute – the Rockets presumably aren’t eager to part with another one, plus additional assets, even if it means acquiring Butler.

Fusaro’s report comes on the heels of a Tuesday story which quoted Rockets owner Tilman Fertitta speaking about Butler. Fertitta told SBNation that he and the Rockets would “love to have” the Houston native if the price is right, a comment that seems likely to earn the owner a tampering fine.

Meanwhile, in other Butler news, Darren Wolfson of 1500ESPN tweets that he has “zero sense” that Timberwolves owner Glen Taylor balked at a Heat offer that featured Josh Richardson, a first-round pick, and cap filler. Stein had reported on Tuesday that the Wolves turned down an offer of that nature from Miami.

Wolfson’s tweet doesn’t necessarily suggest that the Timberwolves didn’t receive an offer that included Richardson and a first-rounder — it may simply have been front office executives Tom Thibodeau and Scott Layden – rather than Taylor – who passed on Miami’s proposal. Either way, Wolfson noted in a follow-up tweet that he’s not sure he has covered another story where the two sides’ versions differ so much.

While it’s clear the Wolves are still exploring trade options for Butler, the team is also said to be preparing to open the regular season with him still on the roster, as Jon Krawczynski of The Athletic detailed on Tuesday. According to ESPN’s Adrian Wojnarowski (via Twitter), Butler was in the Timberwolves’ locker room this morning, though that doesn’t necessarily mean he’ll join his teammates on the court.

Wojnarowski adds that the Heat are still pursuing a potential Butler trade.

Latest On Jimmy Butler

The Timberwolves appear as if they are preparing to start the season with Jimmy Butler on the roster despite the fact that the four-time All-Star has reiterated his desire to be traded. Butler maintains his stance even after the organization made numerous attempts to convince him to stay.

Heavy negotiations between the Heat and Wolves broke down yet again this week with Miami’s latest offer not satisfying Minnesota’s front office. The Heat’s proposal was a package headlined by Josh Richardson and a protected first-round pick, as Marc Stein of The New York Times reports in his weekly newsletter. Stein doesn’t provide full details on that offer, but based on Miami’s reported interest in moving Dion Waiters, it wouldn’t be surprising if he was also included for salary-matching purposes.

Here’s more on Butler and the Wolves:

  • Timberwolves head coach Tom Thibodeau and GM Scott Layden have been known as one of the most difficult front offices to negotiate with over the past two years, agents and executives within the league tell Jon Krawczynski of The Athletic. That has continued to be the case with teams attempting to nab Butler. Rivals have been willing to undergo “unconventional” negotiations because of Butler’s talent, Krawczynski explains, adding that if Butler weren’t a franchise talent, rival organizations would simply hang up the phone and not deal with the Thibs/Layden duo.
  • According to Krawczynski, the Timberwolves are still talking with teams about a potential deal and talks with Miami are expected to resume this week.
  • Should Minnesota hold onto Butler through opening night, he is unlikely to sit out and forfeit game checks. Butler was in Los Angeles when the Wolves faced the Clippers last week and he dined with several current teammates. While some players have said Butler would be welcomed back on the team, Krawczynski notes that it would no doubt add to the club’s chemistry issues.
  • Thibodeau would welcome Butler back unconditionally should he warm up to the idea of playing out the season in Minnesota even though he could leave for nothing next summer, Stein reports in the aforementioned newsletter. Thibs also isn’t concerned about how uncomfortable the situation might get between Butler and the team’s young stars (Karl-Anthony Towns and Andrew Wiggins). Butler’s “chilly” relationships with Towns and Wiggins are said to be high on the list of reasons why Butler wants out, per Stein.
  • The Heat, Clippers, Sixers, Nets have all reportedly had negotiations with the Timberwolves for Butler. Stein contends that Miami’s package headlined by Richardson and a protected first-rounder is likely the best-case scenario for Minnesota, given the circumstances. Stein believes that deal allows the Wolves to recoup a good portion of the value they gave up (Kris Dunn, Zach LaVine, and the draft pick that became Lauri Markkanen) to bring aboard Butler in the first place.

Winslow: Extension With Heat “Getting Close”

The Heat and Justise Winslow have less than a week to reach an agreement on a contract extension before an October 15 deadline, but Winslow is optimistic that the two sides will find common ground, according to Ira Winderman of The Sun Sentinel.

“There’s been talks. We’re getting close,” Winslow said, per Winderman. “I think it should get done.”

With Devin Booker and Karl-Anthony Towns having already signed new deals, Winslow is one of 21 players still eligible for a rookie scale extension this year. If those players don’t sign new contracts by next Monday, they’ll be on track to become restricted free agents during the summer of 2019.

While Winslow believes there’s a good chance he and the Heat will work something out, there are potential road blocks. Miami’s involvement in the Jimmy Butler trade talks represents one complication — if the Heat are able to complete a trade for Butler, it’s possible that Winslow would be included in the package, meaning the club may try to get resolution on that situation before finalizing an extension for the 22-year-old.

The Heat also have no shortage of lucrative multiyear contracts on their cap already, with approximately $120MM in guaranteed salaries (including player options) committed for 2019/20 without accounting for Winslow. The in-the-tax Heat may be reluctant to invest long-term in another player quite yet, unless the cost is team-friendly.

Winslow, the 10th overall pick in the 2015 draft, showed an improved three-point shot in 2017/18 (.380 3PT%), but only posted modest overall numbers, averaging 7.8 PPG, 5.4 RPG, and 2.2 APG in 68 games (24.7 MPG). Assuming he remains in Miami, the team will be looking for him to claim a regular role in a crowded rotation this season and take another step forward on both ends of the floor.

Latest On Jimmy Butler Trade Saga

It has now been 19 days since word of Jimmy Butler‘s trade request was leaked, and despite pressure from Timberwolves head coach Tom Thibodeau, Butler has “never wavered” on his desire to be moved, sources tell Jon Krawczynski of The Athletic. According to Krawczynski, Butler has dined with teammates and sent text messages of encouragement to players like Taj Gibson and Josh Okogie, but remains determined to leave Minnesota, preferably before the season begins.

If the Timberwolves are unable to complete a deal soon, Butler may “begrudgingly” report to the team in advance of the regular season, says Krawczynski. Despite not reporting to Minnesota so far, Butler isn’t expected to forfeit pay checks once the season begins, even if his return would create an awkward situation for him and his teammates.

Here’s more on the Butler saga:

  • While trade talks between the Timberwolves and the Heat – and other teams – have hit a stand still at various times in recent weeks, those discussions are still ongoing, says Krawczynski. While some potential trade partners can perhaps afford to wait and see if they can sign Butler during 2019’s free agent period, clubs like the Heat and Rockets are under more pressure to pull off a trade, since they won’t have cap room next summer.
  • The Heat now appear willing to include Josh Richardson in a potential deal for Butler, but the Clippers haven’t relented on Tobias Harris, according to Krawczynski. A report last week indicated that the Clips didn’t plan to trade Harris, and nothing has changed on that front — L.A. hasn’t put its veteran forward in any offers for Butler, per The Athletic. There are “no active talks” between the Timberwolves and Clippers, Krawczynski adds.
  • The Timberwolves have “quietly pushed back” on the idea that they deserve the blame for a deal not being completed yet, writes Krawczynski. The Wolves insist they don’t feel obligated to accept a below-market offer for Butler just because the regular season is approaching.
  • Within his Sunday report on the talks between the Heat and Timberwolves, ESPN’s Adrian Wojnarowski suggested that the Heat’s apparent willingness to pay Butler a five-year deal at or near the maximum salary has contributed to the swingman’s enthusiasm for a trade to Miami.
  • The Heat had been looking to involve a third team in the Butler talks to take on an unwanted contract – perhaps Dion Waiters‘ deal – but incentivizing that third team with draft picks became one of the road blocks to getting something done, league sources told Wojnarowski.

Heat Official: Price Too High For Butler

Jimmy Butler trade talks between Miami and Minnesota have fallen apart again, and an unidentified Heat official tells Barry Jackson of The Miami Herald that the Timberwolves are asking way too much in return.

The source says the Wolves have unreasonable expectations and joked that they want “the first born of all our kids.” He added that a deal could still be completed if Minnesota eases up on some of its demands.

Jackson hears that the Wolves are seeking several of Miami’s most valuable assets, a list that includes Josh Richardson, Bam Adebayo, Goran Dragic, Kelly Olynyk, Justise Winslow and the Heat’s No. 1 pick for 2019. Miami refused to make Richardson available at first, but has changed its mind, a source tells Jackson.

The Heat would like to find takers for Dion Waiters, Hassan Whiteside and Tyler Johnson, but Waiters’ injury history and the huge contracts for Whiteside and Johnson make them difficult to move. The Timberwolves apparently don’t have any interest in those players, but may be willing to take on some salary for the chance to unload backup center Gorgui Dieng, who is owed more than $48MM over the next three seasons.

The Heat have offered Dragic to Minnesota, according to Brian Windhorst of ESPN. Adrian Wojnarowski, his ESPN colleague, has said Minnesota is willing to accept some protections on Miami’s 2019 first-rounder.

The Heat have been the most aggressive team in trying to acquire Butler since he issued a trade request last month. They are also reportedly Butler’s preferred destination, although the list he gave to Wolves management included the Knicks, Nets and Clippers.

Jackson also relays a tweet from ESPN’s Stefano Fusaro, who claims Butler’s level of frustration with Minnesota’s front office has reached “an all-time high.” Many teams who were once interested in Butler have become skeptical that the Wolves really want to get a deal done.

Heat-Wolves Trade Talks Collapse Again

11:28am: The Heat have been willing to include Josh Richardson in potential deals with the Wolves, according to Shams Charania of The Athletic (Twitter link). However, he adds that Minnesota doesn’t appear to be close to a trade involving the All-Star forward.

10:22am: The Heat and Timberwolves were close to a Jimmy Butler trade this weekend, but negotiations have “fractured,” tweets ESPN’s Adrian Wojnarowski.

Owners from both teams were involved in trade talks and reached an agreement they were prepared to finalize, but the deal fell apart when Minnesota asked for more, sources tell Wojnarowski. The Wolves shared Butler’s medical records with the Heat, including the condition of his right wrist following offseason surgery.

Wojnarowski doesn’t provide any details about what other players or draft picks would have been included in the proposed deal.

The Wolves haven’t gained traction with any other organization since Butler made his trade request last month, Wojnarowski adds (Twitter link). Nearly all the teams that originally expressed interest have backed off because of Minnesota’s asking price and a belief around that league that Butler will wind up in Miami.

Coach/executive Tom Thibodeau is reportedly hoping to patch things up with Butler and keep him on the team, but owner Glen Taylor hasn’t changed his orders to the front office to work out a trade, according to Wojnarowski.

Butler hasn’t practiced with the team since training camp opened. Although he hasn’t wavered in his desire to be traded, there are reports that he won’t sit out regular season games if his wrist has recovered enough for him to play.