Heat Rumors

Base Values Of Waiters, Olynyk Contracts Less Than Reported

When the Heat agreed to deals with Dion Waiters, Kelly Olynyk, and James Johnson earlier this month, the reported terms of those agreements looked a little too high for the club to fit within its available cap room. At the time, it appeared the reported salary figures on those deals – $52MM for Waiters, $50MM for Olynyk, and $60MM for Johnson – could be inflated by possible incentives, while the base values ended up being a little smaller.

In the case of Waiters and Olynyk, that’s indeed the case. As Eric Pincus of Basketball Insiders details, the overall base value of Waiters’ four-year deal is approximately $47.3MM, while Olynyk’s is worth about $45.6MM overall. Pincus doesn’t yet have details on the unlikely incentives included in each contract, but if the terms reported initially are to be believed, it appears each player will have the opportunity to earn more than $1MM in incentives in each year of his new contract with the Heat.

Heat Notes: Hayward, Irving, Olynyk

Gordon Hayward was extremely inspired during his free agency meeting with the Heat, passes along Ira Winderman of The South Florida Sun-Sentinel. In fact, the small forward was so pumped that he felt about ready to put on a Miami uniform:

After the video, he [Pat Riley] kind of talked a little bit,” Hayward said. “And that was the moment where you kind of do get some chills. And everyone’s wearing their ring, too, everybody on the staff was. And so that’s the moment where you’re like, ‘Wow, that’s really cool,’ an I-want-to-put-on-the-jersey-right-now type feeling.

Hayward went on, “Miami was the spot that the more and more we talked about it, the more and more it looked like this would be a really, really good fit for me. And we actually broke it down and had like a point system of different pros and cons and on a weighted scale of different things that each city would represent and each team would represent, and Miami was always near the top of the rankings when we did it.”

Hayward was also struck by “this family vibe that they have.”  The now Celtics forward also said about the Heat pitch, “Mark [agent Mark Bartlestein] had tried to tell me, after you talk with him, you’re going to be like, ‘Mark, I’m ready to sign right now.’ You do get that vibe from him. He’s a great motivator. And we watched some videos, too, of the Heat and their tradition. He definitely makes you feel like you’re going to be competing for championships year in and year out.

Here’s more from the Miami Heat:

  • The Heat do not have considerable optimism about being able to land Kyrie Irving in a trade, writes Barry Jackson of The Miami Herald. Tim Reynolds, who covers the NBA for the Associated Press, said that he does not believe that the Heat are even interested in acquiring Irving. Regardless, Jackson says that the Heat’s best chance to get Irving in a trade is if suitors with more appealing assets cannot strike a deal and the Cavs circle back to Miami.
  • Ira Winderman of The South Florida Sun-Sentinel writes that the Heat have completed more trades, six, with the Cavaliers than any other team. Winderman details this rich trading history, which suggests that an Irving deal should not be viewed as impossible.
  • In a separate piece, Winderman argues that the Heat owe it to themselves to consider trading for Irving. As Winderman puts it, the Heat should consider breaking up a good team to put together a great team. The scribe also points out that Irving’s list of preferred destinations purposefully includes teams with respected coaches and front offices.
  • Eric Pincus tweets that Kelly Olynyk‘s deal includes a 5% trade kicker that cannot be used in excess of $2MM.

 

Gordon Hayward Talks Free Agency Decision

Gordon Hayward narrowed his choices down to the Jazz, Celtics, and Heat before deciding to come to Boston. He joined ESPN’s Adrian Wojnarowski on The Woj Pod to discuss some of the factors that went into his decision. Here are the highlights from the interview:

On Miami’s recruiting pitch: 

I think the text I sent to [agent] Mark [Bartelstein] was, ‘Wow, that’s going to be really tough to beat.’ … I asked [my wife] Robyn, and she said something like she could see herself living there and that would be a really great place for us to be. ‘I really liked such and such of the wives and I could have a good relationship with them.’ It was all positive stuff. It was something where it was like ‘OK, now let’s try to just put that aside and go into Boston with a clean slate.’

On the Ricky Rubio trade:

It kind of was a difficult situation because I don’t want to be somebody that says, ‘You go get this player and I’m 100 percent in. If you trade for so and so, you get rid of this guy, you go get him.’ … I didn’t want to make demands because I didn’t know if I was going to end up there. It wasn’t a sure thing. I had told them I wanted to check out these other teams, and that being said, they asked me, ‘How do you feel about these guys?’ and I would tell them and Ricky was a guy that was high on my list.

On his relationship with Brad Stevens:

It’s been seven years since he coached me [at Butler], and immediately, though, he called me July 1, and after that phone call I thought like this isn’t going to be any different. With him, it was one of those things where he made me feel like even if I don’t go to Boston, it’ll be fine and we’ll still have that great relationship and he’ll still be in my corner and he’ll still be rooting for me and supporting me. So I got that feeling, too. We didn’t have a driver. He’s the one that picked me up and the one that drove me to the hotel and we got lost a couple times on the way. All those thoughts were put to bed.

Heat Sign Derrick Walton Jr. To Two-Way Deal

Miami has signed Derrick Walton Jr. to a two-way deal, according to the team’s website. The contract will be the first two-way deal in franchise history, as our updated 2017/18 NBA Two-Way Contract Tracker indicates.

Players on two-way deals will spend most of their season in the G-League since they cannot spend more than 45 days with an NBA club, as our glossary page on two-way contracts shows.

Walton Jr. spent four seasons at the University of Michigan, where he scored 11.6 points per game. As a senior, he scored 15.5 points per game while adding 4.9 assists and 4.8 rebounds per contest.

Heat Sign Matt Williams

The Heat have signed Matt Williams, according to the team’s website. Ira Winderman of the Sun Sentinel tweets that as of now, the agreement won’t be a two-way deal. He adds that as long as Williams’ guaranteed salary isn’t over $50K, the deal could eventually be converted into a two-way contract.

Williams played for Miami’s two summer league teams this offseason, where he averaged 9.9 points per game. The combo guard made 39% of his shots from behind the arc during the eight contests.

The University of Central Florida alum was not selected in the 2017 draft. He spent five seasons at the school, including one year where he was redshirted. During his senior campaign, he averaged 15.1 points per game while making 40.9% of his shots overall.

Latest On Kyrie Irving

There’s little chance that the Cavaliers will salvage their relationship with Kyrie Irving, according to ESPN’s Zach Lowe, who says the team is “acting as if a trade is almost inevitable.” Per Lowe, the Cavs also seem confident that they’ll be able to land a significant haul for Irving, despite the fact that stars like DeMarcus Cousins, Paul George, and Jimmy Butler have returned underwhelming hauls so far this year.

Lowe’s latest piece on Irving explores possible trade scenarios involving the Suns, Celtics, Heat, Knicks, Hawks, Bucks, Nuggets, Timberwolves, Pelicans, and more. While many of those proposed scenarios appear to be speculation on Lowe’s part, they give the impression that the Cavs certainly won’t be limiting themselves to Irving’s reported wish list of four teams as they seek out the best possible deal.

Here’s more from Lowe, along with other updates on Irving:

  • The Cavaliers‘ highest priority in an Irving trade is to get a “blue-chip” young player in return, sources tell Lowe. Cleveland’s ideal scenario would be a deal that nets the club that blue-chip player, plus a veteran or two, plus draft picks. In other words, the Cavs are aiming for a trade package that provides the best of both worlds — players that can help the team contend for a championship in the short term, and valuable long-term assets.
  • Since Irving made his trade request, the Cavaliers‘ front office has studied every trade involving a star player over the last decade, per Lowe. One particular deal that caught the club’s eye was the one that sent Goran Dragic from Phoenix to Miami for a package that included multiple first-round picks.
  • Many teams, including the Celtics, have called the Cavaliers to let them know they want to be kept in the loop as trade talks progress, writes Lowe.
  • The Nets still have a chunk of salary cap room remaining and could be an interesting trade partner in a multi-team scenario, but there have been no rumblings yet about their potential participation, according to Lowe.
  • The Kings have no interest in moving De’Aaron Fox in a deal for Irving, reports James Ham of CSNBayArea.com.
  • One Western Conference team executive tells Chris Mannix of The Vertical that he thinks the Cavaliers may end up having to wait until after December 15 to make a deal, after this year’s free agent signees become trade-eligible. If that happens, it might create an awkward few months in Cleveland, with Irving still on the roster when the season begins.

Clippers Offered Reed Something The Heat Couldn't

  • It was playing time, rather than finances, that ended Willie Reed‘s stay in Miami, according to Ira Winderman of The Sun-Sentinel. Reed signed with the Clippers last week, accepting a $1.6MM veterans minimum offer. With their $4.3MM mid-level exception still available, the Heat could have offered more, but Reed wanted a guarantee of playing time, which Winderman says the Clippers were willing to provide. Miami signed Kelly Olynyk this summer and drafted Bam Adebayo, so Reed would have been in a fight for minutes with the Heat.

Multiple Teams Eyeing Brandon Rush

Several teams have checked in with Brandon Rush, according to Darren Wolfson of ESPN.com (Twitter link). The Mavericks, Heat, and Pacers are among the clubs to reach out to the swingman.

Dallas could use depth to fill out its wing rotation, especially if it intends to give Harrison Barnes minutes at the four spot, as it did for stretches last season.

Indiana lost Paul George this offseason and while the 32-year-old won’t be able to fill PG-13’s void, he could help to solidify the back end of the team’s rotation. Rush played for the Pacers for two seasons to begin his career before the franchise dealt him to the Warriors.

Miami would arguably be the worst fit out of the three teams. The Heat have Justise Winslow coming back from injury to join a rotation of James Johnson, Dion Waiters, Josh Richardson and Rodney McGruder on the wing. If Rush wants to come to a place where minutes are guaranteed, South Beach may not be his destination.

Rush saw 21.9 minutes per game on the Wolves last season, which was his highest mark since the 2011/12 campaign. He shot an above league average 38.6% from behind the arc on 2.4 attempts per contest.

Heat Re-Sign Udonis Haslem

Veteran big man Udonis Haslem will return to Miami for at least one more season, according to Shams Charania of The Vertical, who reports (via Twitter) that Haslem has signed a one-year, minimum salary contract with the club. Heat owner Micky Arison had hinted at the deal earlier today by tweeting “UD” alongside a celebratory emoji.udonis haslem vertical

Haslem made his NBA debut in 2003 and has been a member of the Heat ever since, appearing in nearly 1,000 total games for the club, between the regular season and the playoffs. Although he has averaged 25.7 minutes per game for his career in the regular season, the 37-year-old has seen his role in Miami decline significantly over the last couple seasons. Since the start of the 2015/16 campaign, Haslem has appeared in 53 regular season contests, averaging 7.4 MPG.

Despite his dwindling role on the court, Haslem remains a key veteran presence on Miami’s bench. A report from a couple weeks ago suggested that the Cavaliers had the big man on their radar and would likely have a conversation with him, but a return to the Heat was always the expected outcome.

Among active NBA players, only Dirk Nowitzki (Mavericks), Tony Parker (Spurs), Manu Ginobili (Spurs), and Nick Collison (SuperSonics/Thunder) have been with a single franchise for longer than Haslem, who will return for his 15th season with the Heat.

Haslem’s minimum salary deal won’t have an impact on the Heat’s spending flexibility. The team is out of cap room but still has its $4.328MM room exception available to use on a free agent at some point during the 2017/18 league year.

Photo courtesy of USA Today Sports Images.

Southeast Notes: Waiters, Wade, Meeks, Magic

Dion Waiters is for all intents and purposes the man who replaced Dwyane Wade as the Heat‘s shooting guard in Miami. After inking a four-year, $52MM pact recently, he will be the franchise’s immediate fixture in the lineup and the community. Yet, if Waiters has his way, Wade will eventually join him back home in Miami, Barry Jackson of the Miami Herald writes.

Waiters, 25, came into his own with the Heat in 46 games last season, averaging 15.8 PPG and 4.3 APG while playing over 30 minutes per game. As Waiters tells Jackson, he’s admired Wade from afar and made his desire to learn from the longtime Heat legend this offseason.

“We’ve got the same initials, our games are similar,” Waiters said. “Difference is, he’s got them three rings. He’s a Finals MVP. Top three best shooting guards all time. I’m chasing that. He’s one of my favorite players, one of the players I idolized my game after. When he’s playing against me, I’m checking things he’s doing.”

Wade, 35,  has an option for $24MM for 2017/18 but the Bulls are not interesting in pursuing a buyout at this time. If Wade does end up on the open market, a reunion with the Heat seems like a possibility and one that Waiters — whose social media has hinted at his desire to play with Wade —  would be rooting for.

Here are additional notes surrounding the Southeast Division:

  • When picking a destination this offseason, Jodie Meeks knew playing alongside John Wall and under head coach Scott Brooks was an appealing scenario, CSN Mid-Atlantic’s Chase Hughes writes. The Wizards won 49 games last season and with a productive, young core in the nation’s capital, Meeks will have a chance to be part of a winning team next season.
  • Magic president Jeff Weltman told media in a recent Q and A that his team is still looking for shooting upgrades, per Josh Robbins of the Orlando Sentinel (via Twitter).