Miami Heat Rumors | Hoops Rumors

Pelicans Acquire Jarnell Stokes From Heat

February 18th, 2016 at 11:52pm CST by Chuck Myron

1:17pm: The Heat traded Jarnell Stokes and a little more than $700K in cash to the Pelicans for New Orleans’ top-55 protected 2018 second-round pick. It’s a money saving move for the Heat, even though they’re the ones relinquishing cash. It offloads the team’s remaining salary commitment to Stokes and lowers the team’s projected tax hit by about $2.1MM. Miami wound up wiping out its entire projected tax bill in the Brian Roberts trade. New Orleans is contemplating a buyout with Stokes, according to Scott Kushner of The New Orleans Advocate (Twitter links).

Stokes is making the minimum salary of $845,059, with a non-guaranteed minimum salary for next season also on his contract. The power forward who went 35th overall in the 2014 draft originally signed a three-year deal with the Grizzlies, who traded him and that contract to the Heat in the Mario Chalmers swap this past November. It’s because he’s on a three-year deal that the Pelicans can’t absorb him using the minimum-salary exception, which is just for two-year deals. The same is true of the disabled player exception they have for relief from Quincy Pondexter‘s injury, which is just for a one-year deal. Thus, the Pelicans took him into the $947,276 trade exception they created in December when they offloaded Ish Smith, according to Eric Pincus of Basketball Insiders (on Twitter), reducing its value to a virtually unusable $102,217.

The Heat meanwhile create a new trade exception equivalent to the $845,059 salary for Stokes, as Pincus points out. Miami seemingly had little use for the power forward who appeared for a total of only 14 minutes across five games at the NBA level while a member of the Heat. He meanwhile logged 494 minutes in 16 D-League contests on assignment to Miami’s affiliate. He spent enough time with the Sioux Falls Skyforce that he was named a D-League All-Star.

Zach Lowe of ESPN.com reported that the Heat had traded Stokes (Twitter link), and Shams Charania of The Vertical on Yahoo Sports revealed that he was going to the Pelicans (on Twitter). Ira Winderman of the Sun Sentinel tweeted that a highly protected draft pick was going Miami’s way, with Barry Jackson of the Miami Herald adding that it’s a second-rounder (Twitter link). RealGM provided pick specifics. Marc Stein of ESPN.com reported the cash involved (via Twitter).

Latest On Dwight Howard

February 18th, 2016 at 1:57pm CST by Chuck Myron

1:57pm: Howard will stay with the Rockets, ending weeks of speculation of him getting traded, according to Adrian Wojnarowski of The Vertical on Yahoo Sports (Twitter link).

11:07am: There is a strong belief from Howard’s camp that he will not be traded before today’s deadline, according to Ken Berger of CBS Sports.

7:44am: The Rockets and agent Dan Fegan are hard at work to find a new team for Dwight Howard, reports Frank Isola of the New York Daily News (Twitter link). Houston is prioritizing its pursuit of a Howard trade over serious talks with the Jazz on a Ty Lawson/Trey Burke swap, though no favorite to acquire Howard has emerged, tweets Marc Stein of ESPN.com. Most executives from teams aside from the Rockets were saying as of Wednesday that a deal involving Howard was unlikely, according to Jonathan Feigen of the Houston Chronicle (Twitter link).

Houston turned down an offer of Al Jefferson and Spencer Hawes from the Hornets, league sources tell Isola, and little chance exists of those teams doing a Howard deal unless Houston’s demands come down markedly, as Rick Bonnell of the Charlotte Observer hears (Twitter links). The Rockets called the Cavs to offer Howard, but Cleveland didn’t bite, according to Sam Amico of Amico Hoops (on Twitter).

The Celtics, Heat, Hawks and Raptors have also reportedly spoken with the Rockets about Howard, at least on a cursory level, though Houston has apparently been underwhelmed with the proposals it’s hearing. One GM told TNT’s David Aldridge he doesn’t think the Rockets want to end up with Howard still on the roster after the 2pm Central time deadline (Twitter link), which suggests Houston will bring its asking price in line with the market.

Salary concerns complicate any Howard trade. He’s making more than $22.359MM this season, but a 15% trade kicker in Howard’s contract means teams would have to match salaries based on a $22,970,500 figure for him. The Rockets are also less than $1MM shy of a hard cap of $88.74MM, so they have sharply limited flexibility. The Rockets and others expect Howard to turn down his more than $23.282MM player option and hit free agency this summer.

Southeast Notes: Jennings, Payton, Plumlee

February 17th, 2016 at 12:06pm CST by Chuck Myron

The acquisition of Brandon Jennings in Tuesday’s trade with the Pistons doesn’t mean the Magic have wavered in their belief in Elfrid Payton, GM Rob Hennigan said, though coach Scott Skiles has been looking for more lately from Orlando’s incumbent starting point guard, notes Brian Schmitz of the Orlando Sentinel. Still, the trade was about creating flexibility to chase stars in the summer, as Schmitz sees it, suggesting Jennings and Ilyasova will merely be rentals if the right marquee player comes calling. The deal reduced the Magic’s guaranteed salary commitments by $16.8MM for next season, bringing their total down to $44MM. See more from Orlando amid news out of the Southeast Division, where three teams have made trades within the last 24 hours:

It appears as though the Wizards had talks with the Bucks about Miles Plumlee, as Adrian Wojnarowski of The Vertical on Yahoo Sports, citing sources, writes that Washington could revisit discussions about the big man if Milwaukee isn’t hung up on other business.
The Wizards see the return of Alan Anderson as a de facto trade deadline acquisition, and a decent chance exists that he’ll be playing by week’s end, reports Jorge Castillo of The Washington Post. The Wizards signed him to a one-year, $4MM deal this past summer thinking he’d be ready for the start of the regular season following ankle surgery in May, but a follow-up procedure has kept the swingman on the shelf all season so far, as Castillo details.
Heat team president Pat Riley pointed to the importance of upgrading Miami’s point guard position in the wake of Tyler Johnson‘s injury as he addressed Tuesday’s trade to acquire Brian Roberts, according to his remarks in the team’s statement. Johnson has said there’s no guarantee he returns to play this season.
It’s likely that the Hornets will use the roster spot they opened in Wednesday’s Courtney Lee trade to sign a third point guard out of the D-League, GM Rich Cho said, according to Rick Bonnell of the Charlotte Observer (Twitter link).
The Magic are down to four cities in the running to play host to their one-to-one D-League affiliate in 2017/18, CEO Alex Martins told Josh Robbins of the Orlando Sentinel. All are in Florida: Jacksonville, Kissimmee, Lakeland and an Orlando location not far from where the NBA club plays, as Robbins details.

Northwest Notes: Rubio, Martin, Foye, Green

February 17th, 2016 at 10:00am CST by Chuck Myron

Bucks coach Jason Kidd, who holds sway over the team’s personnel decisions, has a longstanding admiration for Ricky Rubio, and while the Timberwolves haven’t been looking for Rubio trades, they’re likely to do so this summer, league sources told Adrian Wojnarowski of The Vertical on Yahoo Sports. Other recent reports have indicated that Rubio is currently on the block, though Minnesota doesn’t appear to be in a hurry to deal him for the time being, judging by Wojnarowski’s reporting. See more from Minnesota amid the latest from around the Northwest Division:

Timberwolves shooting guard Kevin Martin is unlikely to end up in a trade unless he turns down his player option, worth nearly $7.378MM for next season, league sources told Wojnarowski for the same piece. Martin probably won’t do that, since he’d have a tough time making up that money on the free agent market this summer.
Randy Foye‘s eminently positive locker room presence appeals to the Nuggets, who won’t be quick to give him up, according to Wojnarowski. The Heat reportedly have interest, and Wojnarowski suggests others do as well.
Erick Green, whose second 10-day contract with the Jazz expired Sunday, will return to the D-League affiliate of the Kings, a league source tells Chris Reichert of Upside & Motor (Twitter link).
Joey Dorsey, whom the Nuggets acquired in the Ty Lawson trade this past summer and later waived in a buyout, has left Turkey’s Galatasaray and will sign with Barcelona of Spain, international journalist David Pick reports (Twitter links).

Heat Notes: Dragic, Bosh, Trade Targets

February 17th, 2016 at 9:00am CST by Chuck Myron

The Heat not surprisingly have interest in soon-to-be free agent Mike Conley, Barry Jackson of the Miami Herald passes along via Dan Le Batard of ESPN Radio, and Miami is open to hearing offers for Goran Dragic, Jackson writes. However, the Heat are in no hurry to trade their point guard. The Heat like Jeff Teague and Al Horford, but Miami would need to find a third team to involve in a deal to get Atlanta the assets it wants for them, according to Jackson. DeMarcus Cousins and Jahlil Okafor have also held appeal to Miami, at least as of earlier this season, a source who has spoken with the Heat told Jackson. Moreover, the Heat want to further reduce their luxury tax bill and add a shooter, and they’re continuing to try to make the playoffs despite the health scare for Chris Bosh, who has an encouraging prognosis for his long-term health once his latest blood clot issue is resolved, Jackson reports.

See more from Miami:

The most likely course of action regarding Bosh’s health would probably knock him out for three months, according to Ira Winderman of the Sun Sentinel, though agent Henry Thomas told Winderman that it’s too soon to know what will happen.
The Heat probably wouldn’t benefit from missing the playoffs as much as they did last year when they snagged the No. 10 pick and Justise Winslow, making Bosh’s situation potentially devastating for the franchise, contends Tim Bontemps of The Washington Post. Miami’s first-round pick is again top-10 protected, but lottery and draft-night luck played in the Heat’s favor last year.
Jackson lists Mirza Teletovic, Jerryd Bayless and Wayne Ellington as “options” for the Heat as they look for a shooter, though it’s not entirely clear whether the Heat are indeed interested in them.

Hornets Acquire Courtney Lee In Three-Teamer

February 16th, 2016 at 11:58pm CST by Chuck Myron

Bruce Kluckhohn / USA TODAY Sports Images

6:45pm: Courtney Lee is headed to Charlotte as part of a three-team deal involving the Grizzlies, Heat and Hornets, all of whom have officially announced the trade that Adrian Wojnarowski of Yahoo Sports originally reported. The Heat pick up Brian Roberts in the deal, while Lee is the only asset going to the Hornets, but the Grizzlies come away with two players and four second-round picks.

From Charlotte, the Grizzlies receive P.J. Hairston, Charlotte’s 2018 second-rounder and Brooklyn’s 2019 second-rounder, which the Hornets acquired this past summer. From Miami, Memphis gets Chris Andersen, Miami’s second-rounder for 2017, with top-40 protection, plus Boston’s 2019 second-rounder with top-55 protection that Miami acquired this past summer. USA Today’s Sam Amick and Chris Herrington of The Commercial Appeal reported the details of the picks changing hands (All Twitter links).

“We are excited to be adding a quality veteran wing player to our roster in Courtney Lee,” Charlotte GM Rich Cho said in his team’s press release. “Courtney has proven to be a team defender, a consistent outside shooter and a solid scorer in our league for the past eight years. Particularly in terms of experience, he adds depth to our roster in a position of need for us and we expect him to fit in to our system and contribute right away.”

The Memphis-bound Hairston had started on the wing for Charlotte in place of Kidd-Gilchrist while he dealt with an earlier shoulder injury that kept him out for the season’s first few months, so presumably Lee will slide into that spot alongside soon-to-be free agent Nicolas Batum. All four players involved are on expiring contracts, with Lee’s worth $5.675MM, Anderson making $5MM, Roberts getting close to $2.854MM and Hairston seeing more than $1.201MM. The Grizzlies won’t be able to re-sign Hairston to a deal with a starting salary of more than $1,253,160 for next season because the Hornets declined the team option they had for next year on his rookie scale contract.

Memphis, Charlotte and Miami are all dealing with significant health issues, too. Marc Gasol has a broken foot, while Michael Kidd-Gilchrist is out for the season with a torn labrum in his shoulder, and mystery surrounds the status of Chris Bosh as he deals with another blood clot. Miami is also missing Tyler Johnson until at least April, if not the rest of the season.

The Grizzlies had reportedly been testing the market for Lee, though they apparently rejected a proposal from the Timberwolves of Lee for Kevin Martin several weeks ago, before Gasol went down. Andersen had been a trade candidate for months, with the latest dispatch indicating that Miami was aggressively trying to trade him as repeat-offender tax penalties loom. The trade as reported lowers the Heat’s payroll by about $2.1MM, but Miami would still need to trim roughly another $3.4MM to sneak under the tax line.

Hoops Rumors Community Shootaround 2/16/16

February 16th, 2016 at 11:57pm CST by Eddie Scarito

Heat franchise power forward Chris Bosh may be dealing with another serious health situation involving blood clots that could knock him out of action for the rest of the season if the worst case scenario comes to pass. Bosh is expected to meet with doctors on Thursday to determine how serious the situation is and how much time he is projected to miss, according to a report by Adrian Wojnarowski of The Vertical on Yahoo Sports. There is still a chance that a regimen of blood thinners could correct the issue enough to allow the big man to suit up for Miami again in 2015/16.

Bosh sat out the entire second half of last season after potentially life-threatening blood clots were found in his lungs, but his current problem is reportedly not life threatening. The 31-year-old was previously on blood thinners for seven months after last season’s diagnosis. If Bosh is indeed sidelined for a prolonged period, the Heat’s chances of making the playoffs would obviously be dealt a severe blow. The Heat’s depth in the frontcourt is even thinner now with today’s reported three-way trade that is sending Chris Andersen to the Grizzlies, which may force team president Pat Riley into making additional moves prior to Thursday’s deadline.

Miami entered the All-Star break with a mark of 29-24, which currently has it slotted in the fifth overall playoff spot in the East, possessing a one game lead over current No. 6 seed Indiana. Any prolonged loss of Bosh’s services would likely doom the Heat’s playoff chances, or at the very last, make them severe underdogs in any series. This unfortunate development regarding Bosh could also alter the franchise’s strategy heading into the trade deadline, which bring me to the topic for today: Should the Heat become sellers at the trade deadline because of Chris Bosh’s medical situation?

If you were the Heat, how would you approach this year’s trade deadline? Would you stand pat and pray that Bosh was able to return to action this season? Or would you attempt to extract as much value as possible from your roster via trades and attempt to retool for 2016/17? Take to the comments section below to share your thoughts and opinions on the subject. If you think that the Heat need to start thinking about next season, who should the team look to deal in addition to Andersen? Who or what should Miami look to nab in return? Or do you have faith that Bosh will be back on the court again this season and think that Riley shouldn’t hit the panic button and start tearing down his roster? We look forward to what you have to say.

Southeast Notes: Jennings, Hezonja, Teague

February 16th, 2016 at 9:38pm CST by Eddie Scarito

The Hawks should think twice before agreeing to a deal that would bring Dwight Howard to Atlanta, Mark Bradley of The Atlanta Journal-Constitution writes. The Hawks would almost certainly take a step back this season as a result of the trade, with Howard being a difficult player to integrate into the offense at such a late stage in the season, Bradley opines. The scribe also cites Howard’s limitations as a passer and his declining physical skills as reasons the Hawks should take a pass, not to mention the big man’s ability to opt out of his deal this summer and become an unrestricted free agent. Howard is reportedly interested in joining the Hawks, but Atlanta has also spoken with the Hornets regarding the 30-year-old center.

Here’s more from the Southeast Division:

The Magic don’t intend to trade any other members of their nucleus prior to the trade deadline unless they are absolutely blown away by an offer, GM Rob Hennigan told Josh Robbins of The Orlando Sentinel. Orlando dealt away combo forward Tobias Harris to the Pistons earlier today in exchange for point guard Brandon Jennings and power forward Ersan Ilyasova.
Jennings had hoped to be traded to the Knicks rather than the Magic, sources close to the point guard tell Sam Amico of AmicoHoops.net. New York was eyeing the veteran point guard as it looks to upgrade its point guard spot, according to Ian Begley of ESPN.com.
Magic rookie swingman Mario Hezonja has parted ways with the Wasserman Media Group, international journalist David Pick reports (via Twitter). Hezonja is in the first year of his rookie scale deal, so any move is likely endorsement related, though that is merely my speculation.
The Jazz have inquired about Hawks point guard Jeff Teague, Spencer Checketts of 97.5 The Zone relays (on Twitter). The talks were stalled when Atlanta requested Rodney Hood and a draft pick in return, Checketts adds.
The Hornets traded P.J. Hairston to the Grizzlies because they had grown tired of dealing with his antics, a league source tells Marc J. Spears of The Vertical on Yahoo Sports (Twitter link).
The Heat were able to create a trade exception worth $2,145,060 as a result of the three-team swap with Memphis and Charlotte earlier today, Eric Pincus of Basketball Insiders notes (via Twitter).

Latest On Chris Bosh

February 16th, 2016 at 12:58pm CST by Dana Gauruder

12:58pm: Bosh is taking blood-thinners and has hopes of playing again this season, Reynolds hears (Twitter link).

TUESDAY, 12:01am: Bosh is expected to meet with doctors on Thursday to determine the seriousness of the clotting in his left calf and whether blood thinners could allow him to return this season, league sources told Adrian Wojnarowski of The Vertical on Yahoo Sports.

MONDAY, 10:46pm: Heat perennial All-Star power forward Chris Bosh may be dealing with another serious health situation, multiple sources told Barry Jackson and Ethan J. Skolnick of the Miami Herald. Bosh has a blood-clot scare, a source told the Associated Press’ Tim Reynolds, but Bosh’s season has not been declared over (Twitter link). Michael Scotto of Sheridan Hoops tweeted first that multiple sources had told him Bosh might have a serious issue.

Bosh missed Sunday’s All-Star game with a strained calf and returned to Miami for additional tests, according to Jackson. A person in contact with the Heat’s front office indicated a problem surfaced Monday beyond a strained calf.

Bosh sat out the second half of last season after potentially life-threatening blood clots were found in his lungs but the current problem is not life threatening, a source told Jackson. Bosh’s agent, Henry Thomas, told Jackson via text that it’s “too soon” to declare that Bosh has a blood clot in his calf.

A blood clot would require Bosh to take blood thinners that would put him out of action indefinitely, the Herald story adds. Bosh was on blood thinners for seven months after being diagnosed with blood clots, according to Jackson.

If Bosh is sidelined, the Heat’s chances of making the playoffs would obviously be dealt a severe blow. They have limited options at power forward and Chris Andersen and Josh McRoberts have been nagged by injuries much of the season. It could also alter their strategy heading into the trade deadline, where they might be more inclined to be sellers than buyers.

Heat Interested In Randy Foye

February 16th, 2016 at 10:00am CST by Chuck Myron

The Heat have been looking into inexpensive 3-and-D wing options, including Nuggets shooting guard Randy Foye, according to Zach Lowe of ESPN.com. Foye was said to be available as of mid-December, as Steve Kyler of Basketball Insiders reported then, and that’s no surprise, given his shrinking role in Denver. He’s averaging career lows in points and minutes per game while shooting a career worst 29.6% from 3-point range, well beneath his career mark of 37.0%.

Foye is making $3.135MM on an expiring contract, so Miami would have to match for that salary, and given the Heat’s position as a tax team and the repeat-offender tax penalties they face if they don’t ditch roughly $5.5MM from their payroll by season’s end, they have incentive to send salary Denver’s way. The Heat have been aggressive in trying to trade a player on the end of their bench, especially Chris Andersen and Jarnell Stokes, as Barry Jackson of the Miami Herald reported around the same time that fellow Herald scribe Ethan Skolnick heard Miami had explored trading for Omri Casspi. It’s unclear if the Nuggets would want either Andersen, whom they amnestied in 2012, or Stokes, who’s spent enough time in the D-League this season to be named one of its All-Stars. Neither of them have a salary that would work in a one-for-one swap involving Foye, with Anderson’s $5MM pay too large and Stokes’ minimum salary too small.

Concern over the health of Chris Bosh clouds Miami’s trade deadline plans. The Heat have reportedly spoken with the Rockets about a swap involving Hassan Whiteside and Dwight Howard, but Miami isn’t sold on Howard’s character and the way he’d fit with the Heat, Lowe adds.