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Latest On Jimmy Butler

September 23rd, 2018 at 9:01pm CST by Luke Adams

It has been another busy day of Jimmy Butler rumors, with the latest whispers suggesting that Timberwolves owner Glen Taylor wants to make a deal soon, and that the Cavaliers are among the teams with interest in the All-Star swingman.

We have a few more Butler-related items to pass along to finish off the weekend, so let’s dive in and round up the latest….

Pat Riley and the Heat have been “as aggressive as any team” so far in pursuing a Butler trade, according to ESPN’s Adrian Wojnarowski (Twitter link), who adds that Timberwolves ownership would still like to find a deal by early this week.
Noting that the Heat have long been fans of Butler, Anthony Chiang and Barry Jackson of The Miami Herald confirm that the club is “aggressively” pursuing a trade for the 29-year-old. While Miami would likely be willing to give up Justise Winslow in a Butler deal, it’s not clear if the team would open to including Josh Richardson or Bam Adebayo, per the Herald report. As Jackson tweets, the Heat also wouldn’t be going after Butler unless they believed they could lock him up long-term.
The Timberwolves have told at least one interested team that they can get a good player back in a Butler deal, tweets Darren Wolfson of 5 Eyewitness News. Wolfson also hears that the Raptors are interested in Butler.
Despite the Timberwolves‘ lack of leverage, they should be able to do pretty well in a trade, given the number of teams that view Butler as their potential difference-maker, opines Jerry Zgoda of The Star Tribune (via Twitter).

Heat Notes: Winslow, Whiteside, Waiters, Butler

September 23rd, 2018 at 10:37am CST by Arthur Hill

Justise Winslow‘s hope for an extension may fall victim to the Heat’s other recent financial decisions, writes Ira Winderman of The Sun-Sentinel. Miami already finds itself in luxury tax territory because of moves made during the past two offseasons and may not want to commit to a new deal with Winslow before the October 15 deadline.

After the Heat missed out on Kevin Durant in 2016 and lost Dwyane Wade to the Bulls, they responded by matching an offer sheet for Tyler Johnson and signing James Johnson and Wayne Ellington. A year later, Miami was a finalist for free agent Gordon Hayward, but once he chose the Celtics, the Heat used their cap space to add Kelly Olynyk.

The franchise could have more than $131MM in committed salary for 2019/20 if Hassan Whiteside, Tyler Johnson and Goran Dragic all exercise their player options. Winslow will become a restricted free agent next summer if no extension deal is reached.

There’s more this morning from Miami:

Whiteside may not be any happier with his playing time this season, Winderman adds in the same story. The center voiced his complaints about the coaching staff to the media last year as his minutes per game dropped to 25.3 after reaching a career-high 32.6 the season before. Whiteside is Miami’s highest-paid player at $25.4MM per season, but his usage has fallen as the Heat have transitioned to using smaller lineups. With Bam Adebayo, Olynyk and James Johnson all competing for minutes in the middle, it seems unlikely that Whiteside’s role will increase.
Dion Waiters‘ lingering ankle injury takes away the Heat’s chance to see how he will work in tandem with Wade in training camp, Winderman notes in another piece. With no experienced backup point guard on the roster, Wade may inherit the role, similar to what he did in Cleveland. However, it’s going to be difficult to sort out all the backcourt candidates until Waiters is healthy enough to play.
The Heat have been mentioned among teams with interest in Timberwolves forward Jimmy Butler, and they could offer the type of culture and veteran roster that Butler reportedly wants, Winderman tweets. However, they won’t have the cap room to add another star next summer, which might lessen Butler’s interest in coming to Miami. Winderman suggests that Richardson, Winslow, Olynyk and Adebayo could be among the players the Heat would consider moving in a Butler deal.

Wolves Owner Wants Jimmy Butler Deal Done Soon

September 23rd, 2018 at 9:23am CST by Arthur Hill

Timberwolves owner Glen Taylor has taken control of the Jimmy Butler trade talks and wants to get a deal completed as soon as possible, according to Adrian Wojnarowski of ESPN.

Tom Thibodeau, who serves as president of basketball operations as well as coach, had been objecting to a deal, hoping to hold onto the veteran forward for another season. However, Taylor wants the process to end before training camp starts Tuesday and has mandated that a deal get done quickly.

Wojnarowski cautions that no team has entered serious discussion with the Wolves yet, but he identifies the Nets, Pistons, Rockets, Clippers, Heat, Sixers and Trail Blazers as franchises that have shown interest.

Taylor plans to review the offers over the next two days, then present the best ones to Butler and his agent, Bernie Lee, to see which teams Butler would be willing to sign a five-year extension with. That information will be used to help finalize a deal, although Wojnarowski adds that some teams would be willing to trade for Butler with no guarantee of an extension .

GM Scott Layden may have jeopardized his job by refusing to talk to other teams about a Butler deal, according to Wojnarowski. Taylor has demanded that Layden start aggressively pursuing a trade, even to the point of contacting rival GMs. Taylor has been considering changes in the front office for months and may re-evaluate Layden’s role once the Butler deal is done.

Heat Hire Former NBA Guard Anthony Carter

September 22nd, 2018 at 3:00pm CST by clarkcrum

The Heat have hired former NBA guard Anthony Carter to its coaching staff as a Player Development Coach after he spent the last two seasons as an assistant coach with the team’s G League affiliate, the Sioux Falls Skyforce. Carter will specifically help with implementing Miami’s player development and mentorship programs within the Skyforce.

Wade's Arrival Complicates Rotation, Tax Issues

September 20th, 2018 at 5:35pm CST by Dana Gauruder

The addition of Dwyane Wade complicates the Heat’s rotation, as Ira Winderman of the South Florida Sun Sentinel notes. With Tyler Johnson, Dion Waiters, Josh Richardson, Wayne Ellington, Rodney McGruder and Derrick Jones Jr. along with Wade, the Heat could field a lineup of shooting guards and still have a couple left over, Winderman points out. Even though Wade agreed to the $2.4MM veteran’s minimum, the Heat have major luxury tax concerns as well, Winderman writes in another piece. They’ll have to shed approximately $6.3MM in payroll to get below the tax, Winderman adds.

Latest On Jimmy Butler

September 19th, 2018 at 9:57pm CST by Arthur Hill

Jimmy Butler wants to sign a five-year maximum deal with a new team next year, which is why he wants out of Minnesota this season, according to Shams Charania of The Athletic. Butler, who is expected to opt out of his current contract next summer, is limited to four years and about $140MM if he changes teams in free agency. However, his Bird rights will transfer in any trade, so if a team deals for him, it can make a five-year offer in the neighborhood of $190MM.

Butler was hoping for a larger extension offer from the Wolves than the four-year, $100MM+ deal he turned down in July, Charania adds. However, Minnesota was prohibited by CBA rules from offering more than that amount this offseason unless the team renegotiated Butler’s contract, which would require cap room.

Executives from other teams believe a Butler trade will happen at some point this season, but it’s not clear where he will go or when it might happen. Butler identified the Knicks, Nets and Clippers as his preferred locations when making his trade request, but the Wolves are under no obligation to grant his wishes. Another report tonight identified the Clippers as the early front-runner.

Brooklyn and L.A. seem motivated to try to land Butler, Charania adds, while New York is reluctant to part with draft picks and young players. The Celtics have the assets to make a play for Butler, but don’t need him with Gordon Hayward‘s return from ankle surgery. Charania suggests the Sixers may also check into Butler’s price tag.

There’s more to pass along as teams line up for a shot at Butler:

Butler didn’t put the Lakers on his list, reportedly because he isn’t interested in a complementary role to LeBron James, but even if he wanted to go there the team would have difficulty putting together an offer for the next three months, according to Eric Pincus of Bleacher Report. L.A.’s roster is filled with newly signed free agents who aren’t eligible to be traded until December 15. The team would need to send out at least $16MM to match salaries and has a limited pool of players to pick from. Lonzo Ball and Brandon Ingram would give them a combined $13.2MM, but the Lakers aren’t likely to part with two young stars when they can offer a max deal next summer. They could have kept Luol Deng for salary matching purposes, but Pincus states that Butler was never a priority for the organization.
The Nets have young talent, a couple of large expiring contracts and their first-round pick for the first time since 2013, notes Michael Scotto of The Athletic. Caris LeVert is considered a core piece of the organization, but Brooklyn may be willing to part with the versatile guard for a player like Butler. Rondae Hollis-Jefferson is coming off his best NBA season, but will be eligible for restricted free agency next summer. Impending free agents Kenneth Faried ($13.76 million) and DeMarre Carroll ($15.4 million) could both be useful to match salaries.
The Heat would love to acquire Butler, but may not have the assets to make a deal work, tweets Barry Jackson of The Miami Herald. Goran Dragic, Tyler Johnson and Hassan Whiteside could all be traded one-for-one for Butler, adds Anthony Chiang of The Herald, but he states that Minnesota will be looking for younger talent such as Josh Richardson, Justise Winslow and Bam Adebayo.
Oddsmaker Bovada lists the Timberwolves as 3/2 favorites to still have Butler when the season starts, relays Sean Highkin of Bleacher Report (Twitter link). The Sixers are next in line at 11/4, followed by the Knicks at 15/4, the Lakers at 5/1 and the Nets and Celtics each at 15/2.

Latest On Jimmy Butler

September 19th, 2018 at 3:20pm CST by Luke Adams

With training camps around the corner, the NBA rumor mill has sprung back into action today, as word broke that four-time All-Star Jimmy Butler is seeking a trade out of Minnesota. Butler even has a few specific destinations in mind, having reportedly told the Timberwolves that he’d have interest in being dealt to the Nets, Knicks, or Clippers.

In his full report on the Butler situation, ESPN’s Adrian Wojnarowski provides several more tidbits on the All-NBA wing, so let’s dive in and round up the highlights…

Butler’s list of preferred landing spots could expand based upon the willingness of the Timberwolves and rival teams to negotiate a deal, league sources tell Wojnarowski.
For now, Tom Thibodeau and the Timberwolves have little interest in dealing Butler, preferring to keep him and attempt to make a deeper playoff run in 2018/19, says Wojnarowski. Thibodeau’s “tenuous” status with team owner Glen Taylor may play a part in that stance, according to Woj, who notes that it would be tough for Minnesota not to take a step backward in the short term by trading Butler.
Butler is into the idea of playing a central role for a big-market club, per Wojnarowski. The Lakers are a less appealing option now that LeBron James is on the roster, since Butler would be playing second fiddle there.
The Clippers, Nets, and Knicks have varying levels of interest in Butler, each “prioritizing him in different ways,” writes Wojnarowski. All three teams will have substantial cap room next summer, so acquiring Butler (who will have a $30MM+ cap hold) could hinder their ability to pursue other stars.
According to Wojnarowski, the Heat are another team with interest in Butler. Going after him in free agency likely won’t be an option for Miami, since the club doesn’t project to have cap space in 2019.
While initial reports suggested that there were teams with whom Butler would be willing to sign an extension, Wojnarowski clarifies that the former Bull wants to be sent to a team that would plan on re-signing him to a five-year max contract as a free agent in 2019. Such a deal is currently projected to be worth nearly $190MM — it remains to be seen if any team would make such a huge investment in a player who will be 30 years old when he reaches free agency.

Dion Waiters Unlikely To Be Healthy To Start Season

September 18th, 2018 at 3:30pm CST by Luke Adams

After missing much of the 2017/18 season with an ankle injury, Dion Waiters won’t be available for the start of training camp and likely won’t be ready to play on opening night, Heat president Pat Riley said today (Twitter link via Ira Winderman of The South Florida Sun Sentinel).

“Dion will not be returning to the court until the Heat medical team and training staff deem him healed, rehabbed and physically conditioned for all basketball activities,” Riley added (Twitter link via Winderman).

While there’s no indication that Waiters’ absence will extend well into the 2018/19 season, this is still bad news for the Heat, who re-signed the veteran guard to a lucrative four-year contract last summer despite being aware of his potential ankle issues (Twitter link via Winderman). The 26-year-old was limited to just 30 games in the first season of that four-year deal, and now seemingly won’t be available to start the second year.

Despite Waiters’ absence, the Heat will have no shortage of options at the shooting guard spot. Newly re-signed veteran Dwyane Wade will rejoin a deep group of twos that also could include Tyler Johnson, Josh Richardson, Wayne Ellington, Rodney McGruder, and Derrick Jones.

Heat Officially Re-Sign Dwyane Wade

September 18th, 2018 at 2:39pm CST by Luke Adams

The Heat have officially re-signed Dwyane Wade to a new contract, the team confirmed today in a press release. Word broke over the weekend that Wade had decided to return to Miami for one more season.

“We are very delighted that Dwyane decided to return,” Heat president Pat Riley said in a statement. “I believe that Dwyane can play a big part in us winning, that’s what he is all about. I’m glad he’s back.”

Wade, 36, has spent nearly all of his 15-year NBA career with the Heat since being selected with the fifth overall pick in the 2003 draft. While he had brief stints with the Bulls and Cavaliers in recent years, all of Wade’s best seasons have come in Miami, including his 12 All-Star appearances, eight All-NBA nods, and three NBA championships.

Having rejoined the Heat down the stretch last season, Wade showed he was still capable of contributing to the club, averaging 12.0 PPG, 3.4 RPG, and 3.1 APG in 21 regular season contests. He also looked like his old self in Game 2 of the Heat’s first round series against Philadelphia, leading the club to its only playoff victory with 28 points in 26 minutes.

Wade’s new – and likely final – contract with the Heat will be worth the veteran’s minimum ($2,393,887) for one season. Because the deal will only count for about $1.51MM on Miami’s cap, the tax impact will be reasonably modest, increasing the team’s projected tax bill by just shy of $2.6MM.

With Wade officially back in the fold, the Heat have 14 players on fully guaranteed contracts and may leave the 15th spot on their roster open to start the season to avoid further increasing their tax bill.

Photo courtesy of USA Today Sports Images.

Latest On Dwyane Wade

September 17th, 2018 at 9:11am CST by Arthur Hill

Dwyane Wade was “strongly considering” retirement last week before Heat coach Erik Spoelstra and a few other people were able to convince him to change his mind, according to an Associated Press report.

Wade, 36, held off on announcing a decision all summer before releasing a Twitter video on Sunday in which he revealed his intention to play one more season. There was personal and family business to sort out, Wade explained, as well as negotiations with the team to reach an agreement that was agreeable to both sides. He goes into detail in the video to lay out the lifestyle considerations that influenced his decision.

“Can I physically do it? Can I physically get out of bed every day to do this? Can I deal with every step hurting in the morning? Can I deal with the travel? Can I be away from my family? Is it selfish for me to want to continue to be away from my family?” Wade asked.“These things to you guys may seem small. But to me, they’re real. I feel like my family have put me first for so many years, for good reasons. But there comes a point in time when we’ve all got to think about someone else, especially the ones around you that have supported you, supported your dreams, supported your journey like my family have.”

Wade is the most popular and accomplished player in Heat history, leading the franchise in career points, assists, steals and games played. He spent 13 years in Miami before leaving for Chicago in 2016 because he was unhappy with what the Heat were offering him in free agency. Wade later moved on to Cleveland, then received a hero’s welcome from Heat fans when he was traded back to Miami in February. He became a valuable reserve, averaging 12.0 points per night in 21 games while helping the Heat reach the postseason.

Wade made it clear in his announcement that there won’t be another decision to make next summer. He plans to retire once this season is complete, saying, “I’ve given this game everything that I have, and I’m happy about that, and I’m going to give it for one last season, everything else I have left.”

There’s more Wade-related news to pass along:

Wade opted to accept a $2.4MM veteran’s minimum contract rather than demand any of Miami’s $5.3MM taxpayer mid-level exception. The financial implications of that decision are huge for a team already in luxury tax territory, tweets salary cap expert Albert Nahmad. With tax payments figured in, the total cost of re-signing Wade will be about $4MM. If he had demanded the full MLE, the price would have risen to between $14MM and $17MM. Wade will be the team’s 14th guaranteed contract, raising the total salary to about $130MM. That projects to a $9.7MM tax bill that could rise to $11.7MM or fall to $7.3MM depending on bonuses that the league considers likely [1,700 minutes plus making the playoffs for Kelly Olynyk] and unlikely [70 games played for Dion Waiters].
Wade’s return will make it harder for any of the Heat’s younger players to earn a roster spot, Nahmad adds (Twitter link). The 14 players with guaranteed contracts are considered virtual locks to make the club, while the 15th spot could be kept open. Duncan Robinson and Yante Maten enter camp on two-way contracts, but they will get competition to keep those deals from Briante Weber, Marcus Lee, Malik Newman and Jarnell Stokes, who all have Exhibit 10 contracts.
Wade wants to continue to have a significant role with the Heat in his final season, but he will be facing a different environment than he did at the end of last season, notes Anthony Chiang of The Miami Herald. The Heat aren’t sure if Waiters will be physically ready when training camp starts next week, but he will return at some point after having ankle surgery last year. That creates a huge logjam at shooting guard, where Josh Richardson, Tyler Johnson, Rodney McGruder, Derrick Jones, Wayne Ellington will compete with Wade and Waiters for playing time.
Wade’s return could help put the Heat in contention for Jimmy Butler if the Timberwolves opt to trade him, writes Ira Winderman of The Sun-Sentinel, although he downplays the effect their friendship might have with Wade entering his final season. Winderman suggests an offer of Josh Richardson, Justise Winslow and an unprotected 2019 first-rounder.