Heat Rumors

Northwest Notes: Durant, Thunder, Blazers

The Blazers acquired Mike Miller from the Cavs earlier this week but he’s probably not sticking around for long.  The veteran is a “strong candidate” to negotiate a buyout with Portland, Marc Stein of ESPN.com hears, and the Grizzlies, Thunder, and Mavs already appear to be interested.  While we wait for more on that, here’s more from the Northwest Division..

Chuck Myron contributed to this post.

Florida Notes: Napier, Johnson, Richardson

This past spring was the first without either the Heat or the Magic in the playoffs since 1993. Florida figures to have at least one postseason representative this coming season, with Chris Bosh set to return from the blood clot ailment that prematurely ended last season, and Goran Dragic and Dwyane Wade, each of whom signed new deals, will be back, too. The outlook is murkier for the Magic, but they added No. 5 overall pick Mario Hezonja and re-signed Tobias Harris. Here’s the latest from the Sunshine State, where both teams hooked up on a trade earlier this week:

Hoops Rumors Community Shootaround 7/28/15

The Hornets could have had four first-round picks if they’d just been willing to give up the ninth selection to the Celtics, as Grantland’s Zach Lowe detailed earlier today. Boston also offered four first-rounders to the Heat for pick No. 10, as Dan Le Batard of the Miami Herald and ESPN reported last month. Both Charlotte and Miami said no and kept their top 10 picks.

The Heat and the Hornets had no guarantee from the Celtics that any of the four picks would be as high in the order as the ones they already held. Still, the ninth and 10th selections aren’t generally places where superstars come from. Justise Winslow looks like a steal at No. 10 for Miami, but Frank Kaminsky, whom Charlotte took at No. 9, has a limited ceiling. Neither is certain to pan out.

Thus, the question for today: Would you rather your team have one pick in the back half of the lottery, or four picks later in the first-round? Kawhi Leonard, a former No. 15 pick, and Jimmy Butler, once the last pick of the first round, signed deals this month that will give them maximum salaries this coming season, proving that top-flight talent can come from any point in the round. Still, the outlook for lottery picks is generally better than it is for anyone else, and teams picking higher in the order have the power of choice. But sometimes, the best choice involves a trade.

Tell us what you would do if you had a late lottery pick and received an offer for four first-rounders. To comment, simply enter your name and email address, write what you want to say, and submit it; there’s no need to become a registered user. Just make sure you comply with our commenting policy.

Southeast Notes: Magic, Napier, Hornets, Williams

The Magic have amassed just 68 wins in the 246 games that they’ve played since Dwight Howard last suited up for Orlando, but the player and personnel additions made by the team this offseason are providing a sense of hope throughout the organization, as Cody Taylor of Basketball Insiders details. Even with a weak Eastern Conference, it’ll be tough the Magic to sneak into the playoffs next season, but a look at all the young talent on the club gives fans plenty to be excited about. Orlando is currently rostering 10 players under 25 years old, including the newly acquired Shabazz Napierwhose recent trade we detail further in tonight’s look at the Southeast Division:

  • The 2016 second-round pick going from the Magic to the Heat in the Napier trade is Orlando’s own, and it’s top-55 protected, as RealGM shows. In the likely event that the pick doesn’t convey to the Heat this year, the Magic don’t owe Miami anything.
  • The Heat sent their own unprotected 2020 second-round pick to the Celtics in the Zoran Dragic trade, and the 2019 top-55 protected second-rounder going to Miami in the deal is Boston’s own, according to RealGM. The Celtics skip out on their debt if that pick falls within the protected range.
  • Elliot Williams is no certainty to make the Hornets’ regular season team after signing a deal to join the team for training camp, but he feels a little more comfortable about his chances of sticking with the organization because GM Rich Cho and assistant GM Chad Buchanan were both with the Blazers when Williams played there, as Rick Bonnell of the Charlotte Observer notes.

Chuck Myron contributed to this post.

Latest On Carlos Boozer

The Knicks, Rockets and Mavericks continue to have interest in signing Carlos Boozer, league sources tell Michael Scotto of SheridanHoops (Twitter link). Scotto first identified the Knicks as among the teams eyeing the Rob Pelinka client earlier this month, though Marc Berman of the New York Post reported soon thereafter that the Knicks had engaged in internal conversations about him but hadn’t made a formal pursuit. Chris Broussard of ESPN.com pegged the Mavs and Rockets as among the teams in on Boozer just before free agency began, while Broussard later heard that the Mavs were one of four teams in talks with the former All-Star.

The Knicks and Mavericks have access to the $2.814MM room exception. The Rockets are in a tough spot, since they only have roughly $2.3MM left on their mid-level exception to spend but would trigger a hard cap if they gave any of it to Boozer. Houston also has No. 32 pick Montrezl Harrell who remains unsigned.

Several other teams, including the Clippers, Spurs, Raptors, Pelicans, Nuggets, Nets, Lakers and Heat, have reportedly been interested in Boozer over the last month, but it’s unclear if any of them remain in the mix. Boozer and the Clippers reportedly had mutual interest.

Heat Rumors: Ennis, Richardson, Johnson

James Ennis‘ contract will be fully guaranteed if he makes the opening day roster in an amended agreement between the Heat and his agent, according to Eric Pincus of Basketball Insiders (Twitter link). Ennis, who is represented by Scott Nichols of Rize Management, was originally scheduled to have half of his $845,059 salary guaranteed on August 1st. That partial guarantee is no longer in effect. The approach regarding Ennis’ guarantee has yet to be finalized but both sides apparently agree he will remain non-guaranteed for near future, according to Ira Winderman of the Florida Sun Sentinel (Twitter link). The Heat will thus retain his rights through training camp, Winderman adds in another tweet. This gives the team a chance to evaluate him in camp before making any financial commitment, Barry Jackson of the Miami Herald tweets.
In other news concerning the Heat:
  • They plan to make an offer to No. 40 overall pick Josh Richardson soon, according to Jackson. The shooting guard from Tennessee will likely see a multiyear offer with partial guarantees similar to the deal that Ennis signed with Miami last year, tweets Winderman.
  • Miami didn’t signal the likelihood or lack thereof that it would offer Henry Walker a chance to re-sign with the team, but their parting today was “amicable,” agent Mike Naiditch told Jackson for the same piece.
  • Tyler Johnson‘s 50% contract guarantee will be picked up by Saturday’s deadline, according to Winderman (Twitter link). That would mean Johnson will receive at least $422,530 this coming season.
  • Team president Pat Riley and point guard Goran Dragic have collectively decided that Dragic won’t play for Slovenia this summer, Tim Reynolds of the Associated Press tweets.

Heat Waive Henry Walker

1:37pm: The move is official, the team announced.

1:14pm: The Heat plan to waive Henry Walker today, league sources tell Shams Charania of RealGM (Twitter link). A reunion is nonetheless possible should he clear waivers, Charania adds. His salary is to become guaranteed if he remains under his existing contract through Saturday, as our schedule of salary guarantee dates shows. The move would be no surprise, as the forward’s release had been a matter of speculation. Miami has let Walker know that he’ll go on waivers, tweets Barry Jackson of the Miami Herald.

Walker first joined the Heat on a 10-day contract in February, later signing another 10-day deal before finally inking a deal that covered the rest of the season plus a non-guaranteed 2015/16 salary. He saw his first regular season NBA action since 2011/12 in his time with the Heat, averaging 7.3 points and 3.4 rebounds in 26.2 minutes per game with 34.1% three-point shooting across 24 appearances. The Mike Naiditch client made 13 starts, an uncommonly high number for a late-season pickup, yet it apparently wasn’t enough to ensure his place on the roster for this coming season.

The release of Walker would take Miami down to 14 players, leaving a spot for the team to sign shooting guard Josh Richardson, this year’s No. 40 overall pick, whom the Heat have been trying to clear room for. Miami only has to carry 13 players into the regular season, but the Heat are still reportedly trying to trade Mario Chalmers. Regardless, subtracting Walker would keep $100K from the Heat’s books, a number that would be multiplied many times over if the Heat don’t end up below the $84.74MM tax threshold by season’s end. Miami currently has about $89.2MM in guaranteed salary on its books.

Do you think that Walker will stick in the NBA this time? Leave a comment to let us know.

Heat Rumors: Trades, Dragic, Richardson

The Heat have been busy today, formally announcing trades that sent Shabazz Napier to the Magic and Zoran Dragic to the Celtics. They reportedly remain in pursuit of a deal that would take Mario Chalmers and his $4.3MM off their hands as they seek to avoid paying repeat-offender tax penalties. Here’s the latest from South Beach:

  • The amount of cash going from the Heat to the Celtics in the Dragic trade is $1.5MM, a league source tells Adam Himmelsbach of the Boston Globe. The Suns had paid the rest of his more than $1.706MM salary as a signing bonus last year. Miami will have $1.9MM left to spend in trades, while the Celtics, who took in cash as part of the Perry Jones III trade, too, only have $400K left that they can receive, notes former Nets executive Bobby Marks (Twitter links).
  • The 2019 second-round pick that the Celtics owe the Heat as part of the Dragic deal is top-55 protected, so Miami is unlikely to ever actually receive the selection, Himmelsbach reports in the same piece.
  • The Heat let No. 40 pick Josh Richardson know last week that they think he’s an NBA-caliber player and that they were doing what they could to find room on the roster for him, according to Barry Jackson of the Miami Herald (All Twitter links). The Dragic and Napier trades give the team 15 players, Jackson notes, speculating that Miami will release Henry Walker before his non-guaranteed salary becomes partially guaranteed for $100K on Saturday, a move that would open a spot for Richardson. Still, the roster remains fluid, so Jackson wouldn’t dismiss the idea that Walker will still be with Miami.

Magic Acquire Shabazz Napier

NBA: Preseason-Orlando Magic at Miami Heat

Courtesy of USA Today Sports Images

MONDAY, 11:46am: The trade is official, both teams announced via press release. It’s a 2016 second-rounder going to Miami. Orlando receives cash in addition to Napier.

2:52pm: The deal is expected to be formally announced Monday, tweets Ira Winderman of the Sun Sentinel. The second-round pick is heavily protected, according to Josh Robbins of The Orlando Sentinel (Twitter link). The Magic will keep the pick unless they have a top five record next season.

SUNDAY, 12:23pm: The Magic will acquire Shabazz Napier from the Heat, Adrian Wojnarowski of Yahoo Sports tweets. The Heat will receive a protected future second-round pick, Wojnarowski adds (Twitter link).

Miami was aggressively trying to deal Napier in addition to Mario Chalmers because of luxury tax concerns, according to previous reports. Napier set to make roughly $1.3MM this season and has a team option on his salary for the 2016/17 season. Thus, the deal as reported will allow the Heat to create a trade exception worth $1,294,440, the precise value of Napier’s salary this season.

Orlando will now have 10 players on its roster who were drafted since 2011  with four players coming via trade, as former Nets executive Bobby Marks notes (Twitter link). Napier will presumably be the team’s third string point guard behind 2015 rookie of the year candidate Elfrid Payton and new addition C.J. Watson.

Napier was reportedly a favorite of LeBron James, and his addition to the Heat last summer seemed like a play to retain the four-time MVP, who instead returned to Cleveland. Miami came away with Napier’s rights in a 2014 draft-night deal with Charlotte, which used the No. 24 pick to take the point guard last year. Miami gave Napier 10 starts, and he averaged 19.8 minutes per game, but he played in only one game after March 9th as he battled a sports hernia that ultimately ended his season prematurely.

Celtics Acquire Zoran Dragic From Heat

11:13am: The trade is official, the Celtics and Heat announced. The second-rounder going to Miami is a protected 2019 selection, according to the Heat.

11:07am: The Heat are sending enough cash in the deal to cover Dragic’s salary, reports Adam Himmelsbach of the Boston Globe (on Twitter).

10:49am: The second-rounder going to Boston is for 2020, reports Ira Winderman of the Sun Sentinel (Twitter link).

10:11am: The Celtics are acquiring Zoran Dragic from the Heat, reports Dan Le Batard of the Miami Herald and ESPN (Twitter link). He’s the brother of Goran Dragic, who’s OK with the deal, Le Batard adds. The Heat are also sending out a second-rounder, with another heavily protected second-rounder heading from Boston to Miami, reports Brian Windhorst of ESPN.com (on Twitter). It looks like the Heat aren’t taking salary back in the deal, so they’ll be able to reap luxury tax savings on top of the more than $1.706MM owed to Dragic for this coming season.

Miami has been carrying about $90.9MM in guaranteed salary, above the league’s $84.74MM tax threshold. The Dragic deal won’t take the team under that figure, and the Heat continue to look for takers for Mario Chalmers and his $4.3MM salary, as Marc Stein of ESPN.com hears (Twitter link). Miami would be subject to repeat-offender tax penalties if it’s above the tax threshold at the end of the regular season.

The Celtics use cap space to take in Dragic. Boston is set to complete the David Lee trade later today, but as that move has lingered as unofficial, the C’s have been able to operate as a team with cap space, making moves like the Perry Jones III trade and signing Jordan Mickey for more than two years. Boston had already been in line to carry 16 fully guaranteed contracts for the season ahead, so it would seem Dragic’s place on the opening night roster for the Celtics is not assured.

Miami also whittled its tax bill down with Sunday’s agreement to trade Shabazz Napier to the Magic. The Napier and Dragic deals stand to save the Heat around $11MM in salary and tax penalties combined, depending on other transactions, tweets Brian Windhorst of ESPN.com.