Miami Heat Rumors | Hoops Rumors

Dwyane Wade Says He Won’t Leave Miami Again

February 10th, 2018 at 11:04pm CST by Arthur Hill

After being traded back to the city where he spent his first 13 NBA seasons, Dwyane Wade plans to finish his career in Miami, relays Manny Navarro of The Miami Herald.

Appearing on NBA TV Friday night after donning a Heat jersey for the first time in more than 20 months, Wade said he never wants to play for another organization. “This is it for me guys,” he stated. “I’m [going to] stay here until I decide to hang it up. This is home. I’m so happy to be back.”

Wade was beloved in Miami, bringing three NBA titles to the city before leaving in 2016 over a salary dispute. He wound up with two bad experiences, spending one season in Chicago before agreeing to a buyout, then signing with a Cavaliers team that became so dysfunctional that management opted for a midseason roster overhaul.

The Heat got Wade at a bargain price, giving up a heavily protected second-round pick in 2024 that will probably never be conveyed. He received a hero’s welcome when his plane landed at the Miami airport, then another when he walked onto the court for Friday’s game.

“It’s right. It sounds right. It’s second nature,” Wade said. “I was telling somebody recently that I was in my kitchen in Cleveland and watching ESPN and something came up and it said Heat versus somebody and I said ‘We play?’ And [then] I’m like ‘That’s right I don’t play in Miami no more.’ So it’s like a thing — every time I see Heat in my mind it was always like ‘We.’ So, it definitely feels good to be here, to be in the locker room.”

It appears the Heat have a long-term arrangement in mind as well. Wade will be a free agent again this summer and the team is capped out, but it can use one of its exceptions to re-sign him. After making the trade Thursday, team president Pat Riley said Wade still has a lot to offer.

Wade doesn’t mind being used as a reserve in Miami after taking on the same role in Cleveland. He also looks forward to serving as a mentor to his new teammates.

“We’ve got so much growth possibility here,” he added. “I’ve got so much to learn about these guys’ talents. I’m excited about it. Like I said, [Friday night] was definitely a good start. We did some good things and like I said we did some things we can learn from. It’s a young team that can get better.”

Traded Player Exceptions Created In Deadline Deals

February 9th, 2018 at 12:39pm CST by Luke Adams

Before NBA teams started reaching trade agreements on Thursday, we published the latest entry in our Hoops Rumors Glossary, focusing on the traded player exception. As we explain in our breakdown, the traded player exception can allow over-the-cap teams to receive more salary than they send out in “simultaneous” trades.

The more common form of traded player exception is the one generated in a “non-simultaneous” trade, when a team send out a single player and takes back less salary – or none at all – in return. The team then has one calendar year to use that newly-created exception to acquire one or more players whose salaries fit into that exception.

For instance, the Raptors created a $11,800,000 trade exception in last July’s DeMarre Carroll trade with the Nets, meaning that on Thursday they could have acquired a player earning, say, $11MM without sending out any salary in return.

Not many teams took advantage of their outstanding trade exceptions on Thursday, but at least a couple teams appear to have completed trades with previously existing trade exceptions, or with disabled player exceptions. Nearly every trade completed on Thursday also generated at least one new trade exception, so we’ll round up those newly-created TPEs below.

With the help of tweets from cap experts Albert Nahmad and Bobby Marks, along with information from RealGM’s official transactions log, here’s a breakdown of the new TPEs, sorted by value. Not all of these exceptions have been confirmed with 100% certainty, but this is what we believe they’ll look like. These TPEs will expire if they’re not used by February 8, 2019:

Utah Jazz: $3,708,883 (Joe Johnson to Kings)
Portland Trail Blazers: $3,505,233 (Noah Vonleh to Bulls)
Memphis Grizzlies: $3,028,410 (James Ennis to Pistons)
- Note: If the Grizzlies didn’t use their existing $3.4MM TPE to absorb Brice Johnson‘s salary, this TPE would instead be worth $1,697,250.
Toronto Raptors: $2,451,225 (Bruno Caboclo to Kings)
Utah Jazz: $2,386,864 (Rodney Hood to Cavs)
New Orleans Pelicans: $2,300,000 (Dante Cunningham to Nets)
Brooklyn Nets: $1,889,040 (Rashad Vaughn to Pelicans)
Cleveland Cavaliers: $1,471,382 (Dwyane Wade to Heat)
Detroit Pistons: $1,471,382 (Willie Reed to Bulls)
Los Angeles Lakers: $1,471,382 (Larry Nance to Cavs)
Chicago Bulls: $1,429,818 (Jameer Nelson to Pistons)
Detroit Pistons: $1,331,160 (Brice Johnson to Grizzlies)
Miami Heat: $1,312,611 (Okaro White to Hawks)
Washington Wizards: $1,312,611 (Sheldon Mac to Hawks)
Dallas Mavericks: $1,107,552 (Devin Harris to Nuggets)
- Note: This TPE is not listed by RealGM.

Our list of outstanding traded player exceptions has been updated, and will be adjusted if necessary once we’re able to confirm all the TPEs listed above.

If you have any corrections or questions, please let us know in the comment section.

Cavaliers Trade Dwyane Wade To Heat

February 8th, 2018 at 4:14pm CST by Arthur Hill

4:14pm: The Heat have officially acquired Wade from the Cavs, the team announced today in a press release. Miami sent out a protected 2024 second-round pick in the deal, waiving A.J. Hammons to create a spot on the roster for Wade.

“We feel that Dwyane can help our team in so many ways,” Heat president Pat Riley said in a statement. “It is a beautiful moment for us, for the city and for the fans. All of us embrace it in the manner that we want to win and that’s why we brought Dwyane back home. We look forward to having a great end of season run as we fight for the playoffs.”

12:14pm: Dwyane Wade is coming home to Miami, confirms Adrian Wojnarowski of ESPN (Twitter link). The Cavaliers will receive a heavily protected second-round pick in return (Twitter link). ESPN’s Stephen A. Smith reported the deal earlier today, tweets Adam Zagoria of SNY.tv.

The trade is part of a day-long shakeup in Cleveland as the Cavs ship out veterans in favor of younger, more athletic wing players. Wojnarowski reports that the front office offered Wade a chance to return to the franchise where he spent his first 13 seasons and worked out a deal when he accepted.

The Cavaliers’ coaching staff was planning a reduced role for Wade going forward and he had been campaigning for a return to Miami behind the scenes, according to Brian Windhorst of ESPN (Twitter link).

“The Cavs did right by him,” a source close to Wade and LeBron James tells Joe Vardon of Cleveland.com.

Wade signed a one-year deal with Cleveland in late September after agreeing to a buyout with the Bulls. He began the season as a starter, but asked to come off the bench after three games and became an effective leader of the second team. However, the return of Isaiah Thomas and Derrick Rose from injuries created a logjam in the backcourt and Wade’s role become less defined.

It’s not clear how much of a future he will have at age 36 on a relatively young Heat team. Regardless, it’s an excellent public relations move for Miami to erase the memories of a bitter breakup in the summer of 2016.

Photo courtesy of USA Today Sports Images.

Heat Waive A.J. Hammons

February 8th, 2018 at 4:10pm CST by Luke Adams

4:10pm: The Heat have officially waived Hammons, according to a team release.

3:20pm: The Heat will waive center A.J. Hammons in order to clear a roster spot to complete their acquisition of Dwyane Wade, tweets Ira Winderman of The South Florida Sun Sentinel.

Hammons’ roster spot has been in jeopardy for much of his time with the Heat, ever since he was included in last offseason’s Josh McRoberts trade with the Mavericks for salary purposes. While the 25-year-old lasted over half the season on Miami’s roster, he didn’t appear in a single regular season game for the team. In 2016/17, Hammons averaged 2.2 PPG and 1.6 RPG in 22 games (7.4 MPG) for Dallas.

Hammons’ $1,312,611 salary for 2017/18 will remain on the Heat’s cap, assuming he goes unclaimed on waivers. Miami will also be on the hook for the big man’s $1,544,951 salary for 2018/19, though the Heat could spread that cap hit across three seasons if they want to.

Hawks Trade Luke Babbitt To Heat For Okaro White

February 8th, 2018 at 1:31pm CST by Arthur Hill

1:31pm: The trade is now official, according to a press release from the Heat. Atlanta intends to waive White, according to Michael Cunningham of The Atlanta Journal-Constitution (Twitter link).

11:15am: The Hawks will trade veteran forward Luke Babbitt to the Heat for Okaro White, tweets Marc Stein of The New York Times.

This will be a return to Miami for Babbitt, who spent the 2016/17 season there. He signed a one-year, veterans’ minimum contract with the Hawks this summer and is averaging 6.1 points and 2.2 rebounds in 37 games.

White is in his second season with the Heat, but has appeared in just six games, spending most of the year in the G League. He also has a minimum deal, so salary matching won’t be a problem.

A larger trade could be in the works as Miami continues to talk with Atlanta about Marco Belinelli, tweets Barry Jackson of The Miami Herald. Belinelli would give the Heat another wing shooter after losing Dion Waiters for the season.

Heat Exploring Deals For Wing Help

February 7th, 2018 at 2:44pm CST by Luke Adams

The Heat are exploring the trade market for help on the wing, and they’re among the teams that have expressed interest in Hawks swingman Marco Belinelli, according to Barry Jackson of The Miami Herald. While Miami has interest in Belinelli, he’s one of several wings that the team has done due diligence on, Jackson notes.

Here’s more on the Heat, as they consider their trade options:

Although the Heat want to add a wing player, they’re not desperate to make a deal before Thursday’s trade deadline, according to Jackson, who says he’d be surprised if the team parts with Justise Winslow for a rental.
Despite having signed Joe Johnson when he was bought out by Brooklyn two years ago, the Heat wouldn’t be the favorites to land the veteran forward if he’s waived by the Jazz this month, says Jackson.
The Heat were identified this week as a team that has expressed interest in DeMarre Carroll, prompting Jackson to explore whether Miami might be interested in trading Winslow and Tyler Johnson to the Nets in exchange for Carroll. It’s an interesting idea, since the Nets originally signed Johnson to his current contract, which will get much more expensive in 2018/19. Such a deal would allow the Heat to save some long-term money and would net Brooklyn another former lottery pick. However, Brian Lewis of The New York Post says the Nets have no plans to make that swap.

Forbes Releases 2018 NBA Franchise Valuations

February 7th, 2018 at 10:02am CST by Luke Adams

The Knicks are still reeling from Tuesday’s news that Kristaps Porzingis has suffered a torn ACL and will be sidelined for the rest of the season. While Porzingis’ injury essentially eliminates the Knicks from the playoff race in the East, team ownership can at least find some solace in the fact that the organization remains the highest-valued franchise in the NBA, according to a report from Kurt Badenhausen of Forbes.

For the first time, all 30 NBA teams have a perceived worth of $1 billion or more, per Forbes’ annual report. In 2017, 18 teams had a valuation exceeding $1 billion, which was up from 13 teams in 2016 and just three teams in 2015.

The league-wide average of $1.65 billion per team is also a record, with franchise valuations up 22% in total over last year’s figures. NBA franchise values have tripled over the last five years, according to Badenhausen.

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

New York Knicks: $3.6 billion
Los Angeles Lakers: $3.3 billion
Golden State Warriors: $3.1 billion
Chicago Bulls: $2.6 billion
Boston Celtics: $2.5 billion
Brooklyn Nets: $2.3 billion
Houston Rockets: $2.2 billion
Los Angeles Clippers: $2.15 billion
Dallas Mavericks: $1.9 billion
Miami Heat: $1.7 billion
San Antonio Spurs: $1.55 billion
Toronto Raptors: $1.4 billion
Sacramento Kings: $1.375 billion
Washington Wizards: $1.35 billion
Cleveland Cavaliers: $1.325 billion
Portland Trail Blazers: $1.3 billion
Phoenix Suns: $1.28 billion
Oklahoma City Thunder: $1.25 billion
Orlando Magic: $1.225 billion
Utah Jazz: $1.2 billion
Philadelphia 76ers: $1.18 billion
Indiana Pacers: $1.175 billion
Atlanta Hawks: $1.15 billion
Denver Nuggets: $1.125 billion
Detroit Pistons: $1.1 billion
Milwaukee Bucks: $1.075 billion
Minnesota Timberwolves: $1.06 billion
Charlotte Hornets: $1.05 billion
Memphis Grizzlies: $1.025 billion
New Orleans Pelicans: $1 billion

For comparison’s sake, Forbes’ 2017 valuations can be found right here.

Celtics, Nuggets, Sixers, Heat Remain In Mix For Evans

February 6th, 2018 at 11:56am CST by Luke Adams

The Celtics, Nuggets, and Sixers appear to be the current frontrunners to acquire Tyreke Evans from the Grizzlies, reports Adrian Wojnarowski of ESPN (Twitter link). According to Wojnarowski, the Heat have also remained engaged on Evans.

Evans, 28, has been enjoying one of the best years of his NBA career in Memphis this season, averaging 19.5 PPG, 5.0 APG, and 5.0 RPG with a .458/.392/.799 shooting line so far. Based on his terrific production, the Grizzlies are said to be seeking a first-round pick in any deal and are currently holding Evans out of their lineup as they consider their options.

It makes sense that the Celtics, Nuggets, and Sixers would have a leg up on Miami in the pursuit of Evans, since the earliest first-rounder the Heat can trade is their 2023 pick. Denver still has all of its future first-round picks, while Boston and Philadelphia are owed at least one extra first-rounder in addition to holding all of their own. If the Heat want to make a play for Evans, their offer would likely have to include former lottery selection Justise Winslow.

While it remains to be seen what sort of package each team is willing to offer for Evans, Marc Stein of The New York Times (Twitter link) hears that the Celtics’ reported hunt for a first-round pick in exchange for Marcus Smart is related to their interest in Evans and Lou Williams. Landing a first-rounder for Smart would allow the C’s to flip that pick – or their own first-rounder – to Memphis for Evans or to the Clippers for Williams, Stein notes.

For now though, the Celtics remain reluctant to include a first-round pick in an offer for a player on an expiring contract, preferring to save those selections for a “more seismic” deal, according to Adam Himmelsbach of The Boston Globe, who classifies Boston’s interest in Williams as “lukewarm.”

Lowe’s Latest: Cavs, Jordan, Magic, Nuggets, Sixers

February 6th, 2018 at 9:24am CST by Luke Adams

On Monday, we rounded up some of the highlights from a Lowe Post podcast featuring ESPN’s Zach Lowe and Adrian Wojnarowski. Late last night, Lowe published an extensive look at the trade market at ESPN.com, following up on some of the scuttlebutt he shared in that podcast. While there are a few repeated items with Lowe’s piece, he also has plenty of new notes for us as Thursday’s trade deadline approaches. Let’s dive in…

Lowe views Marc Gasol as a target that would make sense for the Cavaliers if they’re willing to trade the Nets’ 2018 first-rounder. However, he notes that the Grizzlies seem satisfied to stand pat, and the two teams haven’t discussed Gasol. Rival executives also say that the Cavs continue to act as if they won’t trade the Brooklyn pick.
Outside of the teams already known to have expressed interest in DeAndre Jordan – such as the Rockets, Bucks, and Trail Blazers – the Wizards are another club that has looked into the Clippers center, says Lowe. However, despite investigating the market for Jordan, Washington hasn’t gained any momentum toward a deal.
Every Magic player except for Aaron Gordon and Jonathan Isaac is “readily available,” sources tell Lowe. Most people around the league think that Elfrid Payton will be playing somewhere besides Orlando next season, Lowe adds.
As Lowe observes, Nuggets may not be able to afford Will Barton‘s next contract, but the team appears okay with holding onto him through the deadline and risking losing him for nothing this summer. Denver also remains on the lookout for point guards, having kicked the tires on Pacers backup Cory Joseph, per Lowe. However, potential targets like Joseph and Garrett Temple may not be viable due to the guaranteed 2018/19 money on their contracts.
The Sixers are approaching the trade deadline as buyers, but no longer have as many extra first-round draft picks as they’ve had in recent years, so they may only willing to dangle second-rounders, says Lowe.
According to Lowe, the Timberwolves have been very cautious about discussing the 2018 first-rounder they’ll get from the Thunder, since they recognize they’ll need cheap players to fill out the roster as Andrew Wiggins and Karl-Anthony Towns get very expensive.
The Warriors remain on the lookout for bench help — they inquired on Avery Bradley, but got nowhere, league sources tell Lowe.
The Heat don’t appear to have traction on any major deals, according to Lowe.

Results Of Bam Adebayo's Commitment To Film Showing

February 4th, 2018 at 8:53pm CST by Austin Kent

First-year big man Bam Adebayo has committed to studying game tape and his improvement on the defensive end reflects that, Shandel Richardson of The Sun Sentinel writes. “Bam, for such a young player, is becoming a technician with his discipline and technique and studying players,” Heat coach Erik Spoelstra said. “He’ll definitely be able to build on that.”