Miami Heat Rumors | Hoops Rumors

Cavs, Heat Among Teams Eyeing Marcus Thornton

March 4th, 2016 at 8:28am CST by Chuck Myron

FRIDAY, 8:28am: Thornton wanted to join the Heat and was disappointed when Udrih went unclaimed, according to Jackson. Miami had strong interest, and Thornton would still like to join the team next month when the Heat are able to sign someone again without going over the tax, but he’d prefer to find a job sooner, Jackson adds.

2:43pm: Thornton is interested in seeing whether the Sixers claim Udrih off waivers to reach the salary floor, a move that would take his entire $2,170,465 salary off Miami’s books for tax purposes and give the Heat enough flexibility to sign him immediately without going over the tax, notes Jackson (Twitter link). Udrih will remain on waivers until Wednesday.

TUESDAY, 12:47pm: The Cavaliers and Heat are among a group of three or four teams with an eye on recently released shooting guard Marcus Thornton, reports Calvin Watkins of ESPN.com (Twitter link). Barry Jackson of the Miami Herald first identified the Heat’s interest last week, while Shams Charania of The Vertical on Yahoo Sports wrote Monday that Miami was in talks with the Tony Dutt client. Thornton remains in wait and see mode, according to Watkins, which jibes with Jackson’s report that the 28-year-old is in no hurry to sign. He cleared waivers from Houston this weekend, so he’ll be eligible to take part in the postseason with any playoff-bound team as long as he signs before the end of the regular season.

Tax implications loom large for both Cleveland and Miami. The Cavs are limited to giving out no more than the minimum salary, which would give Thornton about $300K if he signed today and cost the Cavs about $1.1MM in combined salary and luxury tax payments. The Heat couldn’t sign Thornton until about a week to go in the season without going over the tax line again. Beno Udrih gave back $90K of his $2,170,465 salary in Monday’s controversial buyout deal, leaving him with $2,080,465 for the season and the Heat about $41,600 under the tax threshold, reports Eric Pincus of Basketball Insiders (All Twitter links). They could use a prorated portion of their mid-level to outbid the Cavs, but that would also send Miami zooming back into the tax.

Thornton was part of the failed Donatas Motiejunas trade that was to have sent both to Detroit before it was voided, but the Pistons didn’t plan on using Thornton in the rotation as Vince Ellis of the Detroit Free Press noted. He averaged 10.0 points in 18.8 minutes per game with the Rockets this season. Those numbers are up from last season but well off his career highs of 18.7 points and 34.9 minutes per contest he saw in 2011/12 with the Kings.

Atlantic Notes: Butler, Stoudemire, Udrih

March 2nd, 2016 at 6:45pm CST by Eddie Scarito

The Celtics, who were reportedly looking to make a big splash at this year’s trade deadline, held discussions with the Bulls about acquiring star swingman Jimmy Butler, Steve Bulpett of The Boston Herald writes. According to Bulpett’s source, the Celtics were willing to give up two first-round draft picks this year — the Nets‘ unprotected pick and Dallas’ first-rounder, which is top-seven protected, as part of a package for Butler. “This is not a case where Chicago was looking to trade Jimmy Butler,” a source involved in the talks told Bulpett. “That would be crazy. But if Boston calls, you have to look at those picks and some of the players they have and at least hear them out. Most times when teams call about your star, you can just dismiss it right away, but you have to think about it with [president of basketball operations Danny] Ainge and the Celtics right now. There’s a lot to go over there with possibilities.”

The Celtics are concerned that they will have too many young players on the roster if they retain all their acquired picks, so it is highly likely the team will be active leading up to the draft in its attempts to acquire a star-caliber player, Bulpett adds. “The term I’ve heard with Danny is that he’s looking for a ‘difference maker,’” a league source told the Herald scribe. “He’s definitely willing to pay you for the right guy, but he wants someone who can move them to the next level.” Ainge also checked in with the Pacers regarding Paul George prior to the deadline, Bulpett relays.

Here’s more from the Atlantic Division:

Amar’e Stoudemire denies that he was talking about former Knicks teammate Carmelo Anthony the other night when he made some pointed comments about his former team, Al Iannazzone of Newsday relays. The big man called Anthony on Sunday to clear the air, Iannazzone notes. “I never mentioned his name once,” Stoudemire told reporters, in reference to his comments. “We’re close friends, family. Our wives are very close friends. He knows I wasn’t talking about him.” When asked about his chat with Stoudemire, Anthony said, “I don’t really want to waste any time on that. What’s understood don’t need to be spoken upon.”
Beno Udrih cleared waivers from the Heat today, reports Brian Windhorst of ESPN.com (Twitter link), meaning the Sixers passed on the chance to add him and draw closer to the $63MM salary floor. The Sixers currently have $60,369,349 in guaranteed salary on the books for 2015/16, which is $2,630,651 below the minimum team payroll. Claiming Udrih’s $2,170,465 salary would have brought Philadelphia to within a couple of minimum-salary contracts of the mark, and it would have come at the actual cost of only a fraction of Udrih’s salary, since the Heat have already given him most of his paychecks for the year. The result of Udrih clearing waivers is potentially more damaging to the Heat, who’d reportedly eyed Marcus Thornton and others but can’t sign anyone until April 6th without again going into tax territory, notes salary cap expert Albert Nahmad (on Twitter). It’s more likely the Heat would wait to sign someone until April 7th so they could fill their second open roster spot on the final day of the regular season, tweets Ira Winderman of the Sun Sentinel.

Chuck Myron contributed to this post.

Texas Notes: Miller, Ginobili, Parsons, Lawson

March 2nd, 2016 at 12:39pm CST by Chuck Myron

Spurs coach/president Gregg Popovich had no shortage of praise for new addition Andre Miller, who signed Monday with San Antonio following his buyout from the Timberwolves, as Jeff McDonald of the San Antonio Express-News relays. Miller is just as glad to be with the Spurs as Popovich is to have him, McDonald notes.

“He’s one of those players you look at and say, ‘Boy, I could figure out how to fit him in,’” Popovich said. “He has been such a great player for several teams, and he does the same thing (everywhere). He’s just a pro, the consummate pro.”

See more on the Spurs amid news from the Texas triangle:

Manu Ginobili is progressing much more quickly in his recovery from a testicular injury than the Spurs thought he would, Popovich said Tuesday, as Express-News scribe Melissa Rohlin chronicles. The Spurs expected Ginobili would miss at least a month when they announced that he underwent surgery February 4th, but Tony Parker hinted Tuesday that Ginobili could return next week. It’s unclear what that means for the team’s reported pursuit of fellow wing player Kevin Martin.
Chandler Parsons thinks he’s playing the best basketball of his career, and it’s clear that he’s moved past the early-season struggles he went through as he recovered from a knee injury that prematurely ended his playoff run last spring, as Eddie Sefko of the Dallas Morning News examines. Parsons is set to turn down his player option this summer and entertain an aggressive pitch from the Magic, as well as interest from the Rockets, Heat, Lakers, Nets, Knicks, Trail Blazers, Nuggets and possibly Thunder, but the Mavs remain the favorites for him, as Tim MacMahon of ESPNDallas.com reported Tuesday.
Ty Lawson‘s failure to produce for the Rockets was a product of lost confidence, people around the team told Calvin Watkins of ESPN.com (Twitter link). Houston waived Lawson in a buyout deal Tuesday.

Wolves Waive Kevin Martin In Buyout Deal

March 1st, 2016 at 11:28pm CST by Eddie Scarito

11:28pm: The Wolves have waived Martin, the team announced (Twitter link). Presumably, the official transaction took place before the 11pm Central time deadline, as previous reports indicated it would.

11:11pm: Some pessimism exists about the Mavs’ chances at Martin once he clears waivers, according to Jeff McDonald of the San Antonio Express-News.

10:38pm: The Timberwolves and shooting guard Kevin Martin have come to an agreement on a buyout deal, Marc Stein of ESPN.com reports (via Twitter). The move comes prior to the 11pm Central time deadline, so Martin will be eligible for the playoffs with any postseason-bound team he might sign with before the end of the regular season. It’s not immediately clear just how much salary the shooting guard gave up to secure his release. Martin is scheduled to earn $7.085MM this season with a $7,377,500 player option for next year. The move will give Minnesota a roster count of 13 players, two under the league maximum.

Martin was available for a trade prior to the February trade deadline, as Jon Krawczynski of The Associated Press first reported, but potential suitors were apparently reluctant to take him on without knowing what he’d do about his player option for 2016/17. GM Milt Newton said after the deadline passed without a Martin trade that a buyout discussion would probably take place between Martin and the team in the near future, and that’s apparently come to fruition.

The veteran scorer shouldn’t be out of work for long with a number of teams reportedly showing interest. The Mavericks, Cavaliers, Hawks, Heat, Rockets and Thunder are all potential suitors for the shooting guard, though the Spurs are reportedly the favorites to sign him, as Stein reported last week. The Spurs remain in front, with the Mavs, Rockets and Hawks in pursuit, according to Stein’s latest dispatch (Twitter link). San Antonio currently has the league maximum of 15 players on its roster, so a corresponding move would be required if the team inks Martin.

The 33-year-old has appeared in 39 games for Minnesota this season, including 12 starts. Martin is averaging 10.6 points, 2.1 rebounds and 1.2 assists in 21.4 minutes of action per appearance. His career numbers through 698 games are 17.6 points, 3.2 rebounds and 1.9 assists to go with a shooting line of .438/.385/.870.

Wolves, Kevin Martin On Track For Buyout

March 1st, 2016 at 9:48pm CST by Eddie Scarito

TUESDAY, 9:48pm: The two sides are expected to reach an agreement on a buyout prior to the midnight deadline this evening, Stein tweets.

SATURDAY, 2:10pm: The Spurs are emerging as the favorite to sign Martin if a buyout deal is reached, tweets Marc Stein of ESPN.com.

FRIDAY, 3:47pm: The Rockets would also be interested if Martin shakes free from Minnesota, reports Darren Wolfson of 1500 ESPN Twin Cities (Twitter link).

9:56pm: The Mavericks are interested in Martin if a buyout is arranged, but the shooting guard is more likely to sign with a contender, Tim MacMahon of ESPN.com relays (ESPN NOW link). The ESPN scribe’s source also relayed that the Cavs, Hawks, Heat and Thunder are all potential suitors for the shooting guard depending on where Joe Johnson lands.

THURSDAY, 9:22pm: The Timberwolves and Kevin Martin are engaged in advanced discussions regarding a potential buyout arrangement, Marc Stein of ESPN.com reports (Twitter link). Minnesota reached a buyout arrangement with veteran point guard Andre Miller earlier today and it would appear that Martin is the next veteran the team will set free so that he may catch on with a playoff-bound club.

Jerry Zgoda of The Star Tribune relayed earlier today that Timberwolves owner Glen Taylor would be open to discussing a buyout with the veteran shooting guard, but Martin’s side would have to initiate such talks. Martin is earning $7.085MM this season with a $7,377,500 player option for next year. To be playoff eligible for another team Martin would need to hit waivers no later than Tuesday.

It was widely reported that Martin was available for a trade before last week’s deadline, but potential suitors were apparently reluctant to take him on without knowing what he’d do about his player option for 2016/17. GM Milt Newton said after the deadline passed without a Martin trade that a buyout discussion would probably take place between Martin and the team in the near future, which has apparently come to pass. Several teams were linked to Martin before the deadline, as Hoops Rumors’ Chuck Myron noted in his trade candidate piece, including the Bucks, who reportedly made a run at him as the deadline neared.

The 33-year-old has appeared in 39 games for Minnesota this season, including 12 starts. Martin is averaging 10.6 points, 2.1 rebounds and 1.2 assists in 21.4 minutes of action per appearance. His career numbers through 698 games are 17.6 points, 3.2 rebounds and 1.9 assists to go along with a shooting line of .438/.385/.870.

Heat Notes: Dragic, Conley, Johnson, Tax

March 1st, 2016 at 3:00pm CST by Chuck Myron

The Heat were feeling out the trade value of Goran Dragic before the deadline, a source told Sean Deveney of The Sporting News, and that jibes with an earlier report that the team was open to hearing offers for the point guard. Deveney also reiterates that Miami is unsurprisingly eyeing prime free agent Mike Conley. It’s all part of what appears to be a two-year plan that team president Pat Riley has in place to use his reputation as a recruiter and team builder and the natural appeal of Miami to restore the Heat to title contention, league sources told Deveney. See more from South Beach:

Joe Johnson wants to play the rest of his career with the Heat, and while he acknowledged it’s not certain whether he will, the 34-year-old said that’s Riley’s goal too, observes Barry Jackson of the Miami Herald. “The most important thing Pat told me was that this wasn’t just a short-term deal, that he would like me to finish my career here,” Johnson said. “That’s what we’re working toward. I want to come out and help as much as possible.”
The Heat promised Johnson a starting role before he signed, The Herald’s Ethan Skolnick notes.
The Johnson has often spent time in Miami for offseason workouts and said he felt right at home when he signed, as Ira Winderman of the Sun Sentinel details. “I really didn’t know much about the Heat organization and how they worked. Things I’ve heard that they were very first class. Just in the past couple of days, I’ve seen a lot of things I haven’t seen in my 15-year career. So I’ve been impressed,” Johnson said.
Soon-to-be free agent Hassan Whiteside expressed some encouraging sentiments today about his future with Miami, as The Herald’s Manny Navarro relays (Twitter link). “I feel comfortable as long as I’ve got a Heat jersey on,” Whiteside said. “Coming off the bench, starting, I just love playing for this team.”
The Heat have about $41,600 to spend without going over the tax line after Monday’s controversial buyout with Beno Udrih, as Eric Pincus of Basketball Insiders reported and as we detailed in an earlier post about the market for reported Miami target Marcus Thornton. Miami would have more to spend if another team claims Udrih off waivers.

Magic To Aggressively Target Chandler Parsons

March 1st, 2016 at 8:30am CST by Chuck Myron

The Magic loom as the most significant threat to the Mavericks to sign Chandler Parsons to a new contract this summer, reports Tim MacMahon of ESPNDallas.com. Parsons is a virtual lock to turn down his $16.023MM player option for next season with the salary cap moving sharply upward, and he’s expected to receive a maximum-salary contract, MacMahon writes. Sources who spoke with MacMahon anticipate an aggressive pursuit from Orlando and expect the Heat, Lakers, Nets, Knicks, Trail Blazers, Rockets and Nuggets to come after the 27-year-old, too. The Thunder, would also have interest if Kevin Durant bolts, MacMahon adds, pointing to the presence of Billy Donovan, Parsons’ college coach, in Oklahoma City.

The Mavs realize they’ll need to once more put on a recruiting effort for the versatile small forward they signed to a loaded offer sheet in 2014, but they nonetheless appear to be the favorites for him again this summer, according to MacMahon. That’s because of the loyalty he feels toward owner Mark Cuban and teammate Dirk Nowitzki, as well as the fondness Parsons has for Rick Carlisle, having advocated for the five-year extension the team gave the coach earlier this season, the ESPN scribe writes. The relationship between Parsons and Carlisle is nuanced, MacMahon explains, with Parsons wary of whether Carlisle fully trusts him on the court, but Carlisle this week referred to Parsons as “a franchise-caliber player in the making” in a message to MacMahon.

The Magic opened enough cap flexibility in trades last month to sign two players to max contracts this summer, with only about $36MM in guaranteed salary on next season’s books against a projected $90MM cap. Orlando and soon-to-be free agent Al Horford reportedly have mutual interest, and Horford went to the University of Florida, just as Parsons did.

Parsons is in his fifth season, so he’ll be eligible for the lowest of the three maximum salary tiers, likely with a starting salary approaching $21MM. The Mavs will have only his Early Bird rights this summer, though they’ll function essentially as full Bird rights would for Parsons because his projected max is within 175% of his nearly $15.362MM salary for this season. The only difference will be that the Mavs can only offer four years instead of the five that they could with full Bird rights. Dallas will still have the opportunity to give him 7.5% raises instead of the 4.5% that the Magic and others will be limited to. That would mean a difference of some $4MM over the life of a four-year deal. Still, Parsons will value comfort and on-court opportunity over money as he decides where to sign, sources familiar with his thinking tell MacMahon.

In any case, the Mavericks appear committed to doing what they can to keep Parsons. Cuban indicated as much about a month ago to MacMahon, referring to Parsons and Wesley Matthews as a “crushing tandem on the wing.”

Southeast Rumors: Hardaway Jr., Johnson, Harris

February 29th, 2016 at 7:58pm CST by Dana Gauruder

The Hawks’ draft-night acquisition of shooting guard Tim Hardaway Jr. from the Knicks is finally paying off, Chris Vivlamore of the Atlanta Journal-Constitution writes. The Knicks received the rights to point guard Jerian Grant and appeared to get the upper hand in the deal during the first half of the season, as Hardaway languished on Atlanta’s bench. Hardaway appeared in just four of the Hawks’ first 35 games but now has a rotation spot as the backup shooting guard, including a 25-minute stint on Sunday. “I feel like he is starting to understand what we expect from him, what we need,” Atlanta center Al Horford told Vivlamore. “More than anything, defensively he is bringing it.” While Hardaway’s playing time is increasing, Grant has seen decreased minutes under Knicks interim coach Kurt Rambis, including three DNP’s in the past eight contests, Vivlamore adds.

In other news around the Southeast Division:

Joe Johnson wants to finish his career with the Heat, observes Ohm Youngmisuk of ESPN.com. The 34-year-old shooting guard signed with Miami after reaching a buyout agreement with the Nets and clearing waivers. Johnson, who scored 12 points in his Heat debut on Sunday, hopes it’s not a short-term arrangement, as he told Youngmisuk and other members of the media. “I think we’ve got a lot of veteran guys who know what it takes to win [and the possibility of remaining with the Heat] was another key thing for me,” he said. That’s certainly feasible from a salary-cap standpoint, as the Heat have only $48MM in guaranteed salary commitments next season.
The Tobias Harris trade could define the tenure of Magic GM Rob Hennigan, Brian Schmitz of the Orlando Sentinel opines. Harris was traded to the Pistons for the expiring contract of point guard Brandon Jennings and power forward Ersan Ilyasova. With a partial guarantee on the final year of Ilyasova’s contract, the Magic could have $45MM to spend on free agents this summer, Schmitz continues. Harris’ growth had leveled off, in Schmitz’s view, but the trade only works out if Hennigan can land a top-level free agent.
Josh Richardson has been a revelation as the Heat’s new backup point guard, according to Ethan J. Skolnick of the Miami Herald. Thrust into the role because of injuries, Richardson has called upon the leadership qualities he showed in college at Tennessee, Skolnick adds. “It was tough at first, but now that I’ve kind of been forced into the backup point guard role, it’s a leadership role again,” Richardson told Skolnick. “So I get to kind of be me again, and talk and direct traffic.”

Heat Waive Beno Udrih In Buyout Deal, Dodge Tax

February 29th, 2016 at 4:37pm CST by Chuck Myron

4:37pm: Udrih’s release is official, the team announced (Twitter link). The amount he gave up was nominal, a source told Ira Winderman of the Sun Sentinel (on Twitter), pegging it as likely around $50K, not much more than was necessary to skirt the tax line.

3:36pm: The Heat and Beno Udrih have agreed to a buyout deal that will see the point guard give up enough of his salary for the team to slip under the luxury tax line, and that’s prompted complaints from multiple teams around the league, reports Brian Windhorst of ESPN.com. Shams Charania of The Vertical on Yahoo Sports earlier reported the sides were near agreement on a buyout, and that raised questions about why Udrih, who’s expected to be out until late May because of foot surgery, would relinquish salary in return for the chance to hit free agency before the end of the season.

Miami ducked the tax line at the trade deadline, only to go over once again with the signing of Joe Johnson, whom several other teams pursued. The Heat’s ability to snag Johnson and still end up out of the tax is part of the reason murmurs have surfaced around the league, Windhorst indicates. Teams beneath the tax line receive tax payments from those above the threshold, but that distribution is smaller when there are fewer taxpayers. The Heat are in line for a $2.6MM tax payment plus $110K in tax savings as a result of Udrih’s buyout, according to Windhorst. The Johnson signing put Miami approximately $44K over the tax line, as The Vertical’s Bobby Marks pointed out. Those figures jibe with repeat-offender tax rate of $2.50 for every dollar the Heat would spend over the line.

It’s unclear exactly how much of Udrih’s more than $2.170MM salary he’s poised to relinquish in the buyout, though given Miami’s reported discussion with free agent target Marcus Thornton and the team’s lack of depth at point guard, it wouldn’t be surprising if the Heat pushed Udrih to give back more than just the $44K needed for them to slip beneath the tax line. It seems unlikely he would recoup whatever he gave up, at least at any point this season, since he probably won’t be able to return to the court until deep into the playoffs, Windhorst notes. The Heat would be eligible to re-sign him if he clears waivers, but if they did so, it would surely draw even more scrutiny.

Heat, Beno Udrih Near Buyout Agreement

February 29th, 2016 at 12:03pm CST by Chuck Myron

The Heat and Beno Udrih are near agreement on a buyout deal that would offset the salary and luxury tax costs of Miami’s decision to sign Joe Johnson this weekend, reports Shams Charania of The Vertical on Yahoo Sports. Udrih would be eligible to participate in the playoffs with another team if he hits waivers no later than Tuesday, but he’s expected to be out until late May with foot surgery, so little chance exists that he’ll be healthy enough to see action. Thus, it’s unclear why Udrih would give up a portion of his salary, worth more than $2.17MM. His contract is set to expire this summer anyway. The decision about whether to do a buyout deal, which would help the Heat, or simply hit waivers without agreeing to give up money rests with Udrih, Charania writes, indicating that Miami plans to release him one way or another.

Miami has an eye on making continued additions to its roster. The Heat and the recently released Marcus Thornton have had talks, sources told Charania, advancing an earlier report identifying the Heat’s interest in Thornton. Those same sources suggested to Charania that the Heat might pursue a point guard. Miami currently has 14 players on its roster, so offloading Udrih would create two open roster spots.

The Heat are about $44K over the tax threshold, according to The Vertical’s Bobby Marks (Twitter link). They pay $2.50 for every dollar they’re over the line, and more in the unlikely event they’re in excess of $5MM above the tax, pursuant to the league’s repeat-offender tax penalties. Miami slipped under the tax line at the trade deadline, but went back over with the Johnson signing. Udrih could give back part of his salary as a goodwill gesture to the Heat, but it would be against the rules for him and the team to prearrange any new deal that he might sign after he clears waivers.