Miami Heat Rumors | Hoops Rumors

Blazers Notes: Scoot, Fit, Contention, Lillard

June 25th, 2023 at 3:00pm CST by Alex Kirschenbaum

New Trail Blazers rookie point guard Scoot Henderson, selected with the third pick out of the G League Ignite on Thursday, raved about his fit in Portland and aspires to play alongside incumbent Blazers point guard Damian Lillard, writes Mike Vorkunov of The Athletic.

“I feel like Portland was the best situation for me,” Henderson said. “[Former Ignite teammate] Pooh Jeter is there right now with the G League and stuff like that, and then me texting Dame two years ago. It all came full circle.”

“I think it would be great just to learn from him, just to sit back and really observe a great player,” Henderson said of Lillard. “Especially just being that close to him and going there. Especially just the guard he was coming into the league and how he was fearless. Fearless of anybody. And how he kind of came in and impacted the game at a high level. Yeah, just to learn from that, it would be great.”

There’s more out of Portland:

Trail Blazers general manager Joe Cronin defended the club’s decision to draft Henderson in lieu of trading the selection for more experienced help, writes Jason Quick of The Athletic. “I would say we made the biggest move possible by drafting Scoot Henderson,” Cronin said. “He’s going to be better than any player that would maybe be perceived as that big move. And then you start to factor in other things that matter in this league — the salary cap, (Henderson) on a rookie scale — that allows us to build a lot more depth than we would have been able to otherwise.”
No trade exists to transform Portland into a true title contender this season, Adrian Wojnarowksi of ESPN suggested during a TV appearance (Twitter video link). If he truly wants to win a title with the team that drafted him, Lillard will need to wait a bit longer, in Wojnarowski’s view. “There’s no magic trade out there for them [to carve out a championship path in 2023/24],” Woj said. “I think Portland did what was right by their organization, and their front office trading out of No. 3 for whatever the best available veteran would’ve been [instead of drafting Henderson], it would’ve been malpractice.”
After Lillard was seen on his Instagram Live blasting Will Smith’s “Miami” on Friday, his agent Aaron Goodwin told Sam Amick of The Athletic that the song was in no way Lillard’s choice, and wasn’t an indication that he wants the Trail Blazers to move him to the Heat this summer. The seven-time All-Star was enjoying his offseason in a Parisian club when a local DJ decided to poke fun at his situation by playing the song, Goodwin explained. “The music was just a coincidence,” Goodwin told Amick. “Damian’s not disrespectful… That’s why he laughed (in the video). It’s a funny coincidence that a DJ would put that on.”

Fischer’s Latest: Hunter, Pistons, Collins, Jazz, Poole, Herro

June 23rd, 2023 at 12:28pm CST by Luke Adams

The Hawks didn’t end up making any major moves on draft day, but they continue to explore potential trade options around the league, writes Jake Fischer of Yahoo Sports.

According to Fischer, in addition to having talked to Indiana about a possible deal involving forward De’Andre Hunter, the Hawks also had “significant” discussions with the Pistons about a trade that would have sent the 25-year-old to Detroit.

Hunter isn’t the only Hawks forward whose name is popping up in trade talks this week. Fischer says Atlanta has also been active on the John Collins front, re-engaging the Jazz in conversations about the big man who has been consistently mentioned in trade rumors for multiple years. However, it doesn’t sound like the two sides gained serious traction in those negotiations.

Here’s more from Fischer’s post-draft report for Yahoo Sports:

Before agreeing to trade Jordan Poole to Washington, the Warriors also talked to the Celtics and Spurs about him, writes Fischer. Boston moved forward with its Kristaps Porzingis deal instead, while San Antonio “never made a significant offer” for Poole, according to Fischer, who adds that Golden State also had “serious” talks with the Pacers about a deal involving the No. 7 overall pick and Jonathan Kuminga.
Given that the Wizards were making it in a point in most of their trade discussions not to take back any long-term money, some opposing executives have wondered if they intend to flip Poole to another team, says Fischer. However, sources tell Yahoo Sports that the Warriors are under the impression that Washington plans to keep the high-scoring guard.
Golden State’s trade of Poole has increased speculation among rival executives that the Heat may take a similar path and look to deal Tyler Herro sooner rather than later, per Fischer. Herro didn’t play a role in Miami’s run to the NBA Finals this spring due to a hand injury, and his four-year $120MM+ contract is very similar to Poole’s.
People around the NBA think there may be some “atypical” trade activity before the start of free agency, according to Fischer. The new CBA will take effect in July, so teams may want to take advantage of certain old rules – like the ability of tax-apron teams to take back up to 125% of the salaries they send out in trades – before they expire.

Heat To Sign Justin Powell To Exhibit 10 Contract

June 23rd, 2023 at 10:53am CST by Rory Maher

The Heat plan to sign Washington State guard Justin Powell to an Exhibit 10 contract, a source tells Jake Weingarten of Stockrisers.com (Twitter link).

Powell, who is ranked No. 21 on ESPN’s best available undrafted players list, had stints with Auburn and Tennessee before finishing out his college career with Washington State. As a junior for the Cougars in 2022/23, he averaged 10.4 PPG, 3.9 RPG and 2.8 APG while shooting 42.6% from three-point range in 34 games (33.8 MPG).

Powell’s Exhibit 10 deal should give him an opportunity to suit up for the Heat’s G League affiliate, the Sioux Falls Skyforce, as a rookie in ’23/24. He could earn a bonus worth up to $75K if he’s waived by the Heat and then spends up to 60 days with the Skyforce. Powell’s Exhibit 10 deal could also be converted into a two-way contract if Miami decides it wants to keep him on the NBA roster.

Western Rumors: Suns, Jazz, Pelicans, Zion, Rockets

June 22nd, 2023 at 8:59pm CST by Luke Adams

Despite trading away all of their second-round picks for the next seven years after this one, the Suns do still hold the No. 52 selection in tonight’s draft. According to John Gambadoro of Arizona Sports 98.7 (Twitter link), Phoenix has been exploring trade options with that pick. Dealing it for a player is one option — moving up in the second round using cash as a sweetener is another path the team has considered, says Gambadoro.

Here’s more from around the West:

The Jazz had some discussions about trading the No. 9 and/or No. 16 pick, but ultimately hung onto both, tweets ESPN’s Adrian Wojnarowski. Utah continues to explore deals involving No. 28, according to Jake Fischer of Yahoo Sports (Twitter link), who reports that the team’s decision on whether or not to keep it will depend on who’s still on the board at that point.
Wojnarowski said on ESPN’s draft broadcast that he couldn’t find a team that was offered Zion Williamson in trade talks with the Pelicans leading up to the draft. While New Orleans did try to move up from No. 14, the club was focused on using future draft assets in those efforts rather than offering a star like Williamson.
The Rockets, who are picking at No. 20, have made trade inquiries with the Lakers (No. 17), Heat (No. 18), and Warriors (No. 19), but haven’t revealed which prospect they’re looking to move up for, tweets Fischer.

Draft Rumors: Miller, Henderson, Pistons, Howard, Jaquez

June 22nd, 2023 at 10:10am CST by Arthur Hill

Numerous insiders have stated that the Hornets are leaning heavily toward taking Brandon Miller with the No. 2 pick in tonight’s draft, but Miller indicated Wednesday that he hasn’t been promised anything, writes Adam Zagoria of NJ.com.

“Probably when I get drafted is when I’ll know where I’m going,” Miller said. He added that he’ll be equally happy heading to Charlotte with the second pick or Portland at No. 3.

In an updated mock draft released this morning, Sam Vecenie of The Athletic moved G League Ignite guard Scoot Henderson up to No. 2 ahead of Miller. Vecenie has been skeptical of rumors that Charlotte is leaning toward Miller because he’s a better fit, and he continues to doubt leaks that the Hornets have decided on Miller after bringing both players in for a second workout on Monday.

Vecenie points out that general manager Mitch Kupchak said at a news conference Wednesday that team officials didn’t get a lot of new information from that second visit. Vecenie adds that incoming owners Gabe Plotkin and Rich Schnall will be involved in the draft decision, and they may view Henderson as the better prospect.

There’s more draft news to pass along:

The Pistons are listening to offers for the No. 5 pick, but their asking price is “prohibitively high,” Jonathan Givony states in ESPN’s updated mock draft (subscription required). He cites the Jazz, who hold the ninth and 16th picks, as a team that would like to move up if Detroit eases its demands. Givony adds that Pistons’ ownership may be reluctant to trade down, hoping to add an exciting prospect after such a difficult season. Givony lists Ausar Thompson as his choice for Detroit, noting that Cam Whitmore has likely fallen into the 6-9 range.
Michigan’s Jett Howard tells Sean Deveney of Heavy.com that he worked out this week for the Lakers, who hold pick No. 17. Deveney points out that the freshman guard already has a connection with L.A. general manager Rob Pelinka, who played with Jett’s father, Juwan Howard, for two seasons with the Wolverines. “Rob was there, talked to him a little bit,” Howard said of the 30-minute session with the Lakers. “I have known him so long, it was kind of an organic conversation. And yeah, if they pick me, I would be more than happy to play for them.”
The Lakers, Heat (18) and Warriors (19) may all have interest in UCLA’s Jaime Jaquez, Deveney adds in a separate story. Jaquez credits strong workouts with helping to raise his draft stock. “I think I did well in the workouts, I went out there and showed what I can do, and hopefully teams saw what I was capable of,” he said. “There were question marks going into those workouts, I went into those workouts trying to answer those questions. I think that is why I got this invite here.”
Jaquez is one of the final additions to the Green Room list issued by the NBA (Twitter link), along with Brandin Podziemski and Rayan Rupert.

Trade Rumors: G. Williams, Hunter, Nuggets, Wizards, Ayton, More

June 21st, 2023 at 11:04am CST by Luke Adams

The Mavericks are among the teams that have spoken to the Celtics about the idea of a Grant Williams sign-and-trade, a league source tells Tim Cato of The Athletic. While it’s not easy to envision a deal that gets Williams to Dallas and appeals to both teams, the Mavs are just one of many potential suitors for the restricted free agent forward.

According to Jared Weiss of The Athletic, there have been more than a half-dozen teams to inquire with the Celtics about the possibility of signing-and-trading for Williams. At this point, Boston is conveying that it wants to retain Williams, per Weiss, who notes that new Celtics assistant coach Charles Lee is a fan of the forward and could help get more out of him in 2023/24 and beyond.

Within his story, Weiss also notes that veteran guard Malcolm Brogdon, who is optimistic he can avoid surgery on a torn tendon in his left elbow, would like to remain in Boston. Brogdon’s name has come up in trade rumors early in the offseason as the Celtics reportedly explore ways to clear a backcourt logjam.

Here are a few more trade-related rumors and notes from around the NBA:

Within his latest mock draft, Jonathan Wasserman of Bleacher Report cites league sources who say the Hawks have explored the trade market for forward De’Andre Hunter. One motivating factor, Wasserman explains, would be opening up more playing time for promising young wing AJ Griffin.
The Nuggets, who worked out Trayce Jackson-Davis, Andre Jackson, Jordan Walsh, Kobe Brown, Drew Timme, and Tyree Appleby on Tuesday, continue to actively explore deals that would get them into the first round of Thursday’s draft, according to Mike Singer of The Denver Post (subscription required), who says Denver is talking to multiple teams.
The Wizards asked for Suns center Deandre Ayton when the two teams were negotiating their Bradley Beal trade, but Phoenix was unwilling to include him, tweets John Gambadoro of Arizona Sports 98.7.
Gambadoro said this week during an appearance on the HoopsHype podcast that he has been told the Heat weren’t all that interested in pushing for Beal. Reports have indicated that Beal would have approved a move to Miami, and it seems as though the Heat could’ve put a stronger package on the table than the one the Wizards got from the Suns if they’d been so inclined.
While it comes as no surprise, the heads of basketball operations for the Hornets (Mitch Kupchak) and Pacers (Kevin Pritchard) both said they don’t anticipate keeping and using all of the 2023 draft picks they own, per Rod Boone of The Charlotte Observer (Twitter link) and Scott Agness of Fieldhouse Files. The two teams, who each figure to make at least one draft-night trade, control five picks apiece — Indiana has three in the first round and two in the second, while Charlotte has a pair of first-rounders and three early seconds.

Heat Notes: Offseason Plan, Luxury Tax, Herro, Butler, Draft

June 20th, 2023 at 5:17pm CST by Dana Gauruder

Heat president Pat Riley will look for additions that could bring a title to Miami but he pledged not to make drastic roster changes, Anthony Chiang of the Miami Herald writes.

Riley met the media for his annual postseason press conference on Tuesday.

“We’re not going to take a wrecking ball to a good team that had some real adversity this year that I felt built some strength. We have a good team, and probably a great team,” Riley said. “And so, running it back? Yes. Doing something that can help you with that last step? Yes, if it’s a possibility and if there’s an opportunity without setting you back while you’re moving forward. It’s just onward with us. It’s onward.”

Of course, the Heat could still make a big trade. They’ve been linked to Damian Lillard and would be considered a strong candidate to land him if the star guard asks out of Portland. They were also considered a possible destination for Bradley Beal before the Suns swooped in for the Wizards’ All-Star wing.

Riley wasn’t at liberty to speak about Lillard or Beal due to tampering rules, nor could he talk about specific free agent targets. However, the Heat could move some big salaries (Kyle Lowry, Tyler Herro, Duncan Robinson) if a superstar talent becomes available.

Riley addressed a number of other topics:

The Heat are projected to be over the luxury tax threshold next season, which is projected to be $162MM. Riley said that team owner Micky Arison and CEO Nick Arison are willing to pay the penalty for a championship team. “They’re committed to winning championships,” Riley said. “And we’re in the tax. (GM) Andy [Elisburg] has been already making sure that we’re working around the edges of the tax, trying to put together a competitive team, and we have. … [The Arisons are] committed to doing whatever it takes to fulfill his championship dream. It’s been 10 or 11 years, so we’re getting a little anxious here. We’d like to win another one.”
With Herro’s four-year, $130MM extension kicking in next season, Riley labeled him as one of the franchise’s young anchors along with Bam Adebayo, according to Ira Winderman of the South Florida Sun Sentinel. “Tyler is just an extraordinary scorer and fourth-quarter player, big-time shot-maker. He’s 23 years old. You got to watch (it) with these guys.”
Riley admits he’d like to take some of the pressure off Jimmy Butler shoulders on offense: “I would love to be able to go out there and pick who I want as a perfect complement to him. It’s not that easy, but we will work toward that and I will pat him on the back the next time I see him.”
Ideally, Riley would like to get a versatile player with the Heat’s first-round pick at No. 18. “Probably I would say more overall wing size and length. I mean, that’s what I think everybody is looking for and multiple-position players, especially ball-handling players that are two-way kinds of players.”

Blazers Rumors: No. 3 Pick, Lillard, Adebayo, George, Zion

June 20th, 2023 at 11:08am CST by Luke Adams

Like his ESPN colleague Jonathan Givony, Brian Windhorst has been hearing that the Trail Blazers haven’t been enamored with the trade offers they’ve been getting for the No. 3 pick in this Thursday’s draft. Appearing on ESPN’s Get Up on Tuesday (YouTube link), Windhorst discussed the situation in Portland and how it could affect star guard Damian Lillard.

“In discussions with teams in the last couple of days, the Blazers have started to maybe indicate that they won’t trade the No. 3 pick and that they may end up deciding to draft a player there, whether it be Scoot Henderson or Brandon Miller, because they aren’t necessarily in love with the options they’re getting offer for No. 3,” Windhorst said.

As Windhorst notes, Lillard has repeatedly expressed his loyalty to the Trail Blazers, but he has also spoken in recent months about not wanting to be part of a rebuild in Portland and his hope that the team can add impact veterans.

“I checked in on the Lillard side of things about whether or not there’d been a change of heart there and I was told unequivocally, ‘No,'” Windhorst said. “Dame does not want a youth movement. He wants to play with veterans. He wants the team to upgrade fast and immediately with veteran players that can help him now.”

There are other ways besides trading the No. 3 pick for the Blazers to add veteran talent this summer, Windhorst acknowledges, so if Portland keeps and uses its lottery pick on Thursday, that doesn’t necessarily mean Lillard will immediately make a trade request.

Jake Fischer of Yahoo Sports makes this point too, writing in his latest story that the Blazers “view this entire offseason as their canvas” to upgrade their roster around Lillard and don’t necessarily feel it has to happen entirely during the draft. For now, it still appears that Dame’s preference is to remain in Portland and that the club hasn’t shown any willingness to discuss trading Lillard, says Fischer.

Here’s more on the Blazers:

Portland is preparing what the front office considers a “compelling” offer for Heat big man Bam Adebayo, a source tells Fischer. While that may be true, it’s hard to imagine a scenario in which Miami would accept such a deal, given that the Heat view Adebayo as a long-term cornerstone and want to acquire Lillard themselves rather than help the Blazers keep him. For what it’s worth, Fischer suggests that any Portland offer for Adebayo would almost certainly have to include Shaedon Sharpe in addition to the No. 3 pick and Anfernee Simons to even get Miami to think about it.
While Adebayo may not be attainable, he’s the sort of “premium” player the Trail Blazers are targeting in talks involving their lottery pick, Fischer writes, naming Clippers forward Paul George as another example of a player the team would like to land.
League sources tell Fischer that the Blazers don’t “truly covet” either of the Raptors forwards they’ve been linked to (Pascal Siakam and OG Anunoby) in a deal for the No. 3 selection. Bulls guard Zach LaVine and Timberwolves big man Karl-Anthony Towns also aren’t considered legitimate targets, Fischer adds.
The Blazers and Pelicans have discussed Zion Williamson, per Kevin O’Connor of The Ringer, but New Orleans hasn’t made a formal offer involving Williamson and may want more than just the No. 3 pick for him, per Fischer.

Heat Notes: Lillard, Herro, Beal, Draft, Riley

June 19th, 2023 at 4:02pm CST by Luke Adams

With Bradley Beal off the trade market, the Heat are shifting their focus to Damian Lillard and believe they have a real chance to acquire the Trail Blazers star, Barry Jackson of The Miami Herald writes, confirming previous reporting from Chris Haynes.

In his latest story for The Herald, Jackson looks at potential packages the Heat could offer for Lillard if he becomes available, noting that the deal would likely start with two players out of the trio of Tyler Herro, Kyle Lowry, and Duncan Robinson. Miami’s proposal could include up to three first-round picks, including this year’s No. 18 selection.

As Jackson observes, if the Heat want to preserve their draft assets, they could put forth a more player-centric offer headed by Herro, Caleb Martin, Nikola Jovic, and Victor Oladipo‘s expiring contract, with perhaps just one or two picks included.

If Miami makes a deal for Lillard, Anthony Chiang of The Miami Herald writes in a separate story, it likely won’t occur until July, when the new CBA will be in effect and the Heat will only be able to take back up to 110% of their outgoing salary in a trade instead of 125%. While Lillard could be traded in June before the new CBA begins, including Herro in an offer would probably require Miami to wait until next month, since his rookie scale extension will begin in July, increasing his outgoing trade value from $5.7MM to $27MM.

Here’s more on the Heat:

Having previously reported that Beal would have been willing to waive his no-trade clause to join the Heat, Jackson provides more information, tweeting that two sources close to Beal said the guard would approved a move to either Miami or Phoenix. As Jackson explains (via Twitter), the Wizards simply preferred the Suns‘ offer to the Heat’s, in large part because Miami’s offer – believed to be built around Lowry and Robinson – featured nearly twice as much guaranteed money.
Heat assistant general manager Adam Simon spoke to Ira Winderman of The South Florida Sun Sentinel about the extensive work the team has done to prepare to make the No. 18 pick in this Thursday’s draft, despite the fact that the selection could end up being used in a trade.
Heat president Pat Riley will hold an end-of-season press conference and speak to reporters on Tuesday, tweets Jackson. Of course, he won’t be able to talk about any players under contracts with other teams, such as Beal or Lillard.

Wizards To Trade Bradley Beal To Suns

June 19th, 2023 at 12:21pm CST by Luke Adams

JUNE 19, 12:21pm: In addition to Beal and Goodwin, the Wizards are also sending Isaiah Todd to the Suns in the trade, according to Wojnarowski (Twitter link). Todd’s minimum salary ($1,836,096) for the 2023/24 season is fully guaranteed.

As John Hollinger of The Athletic tweets, Todd is coming off a disappointing season and was no longer in the Wizards’ plans, but from the Suns’ perspective, he’ll be a little cheaper than a minimum-salary veteran.

JUNE 18, 7:34pm: The Wizards are likely to include Jordan Goodwin in the trade, Josh Robbins of The Athletic tweets. Goodwin’s minimum-salary ($1,927,896) contract for next season is currently partially guaranteed for $300K.

JUNE 18, 3:35pm: The Wizards and Suns have agreed to a blockbuster trade that will send Bradley Beal to Phoenix, reports Adrian Wojnarowski of ESPN (Twitter links).

According to Wojnarowski and Shams Charania of The Athletic (Twitter link), the Wizards are expected to receive Chris Paul, Landry Shamet, multiple second-round picks, and multiple pick swaps in the trade. It will likely take a few days for the deal to be officially finalized, Woj adds.

Word first broke on Wednesday that the Wizards and Beal’s camp had been in contact about possible trade scenarios as the team’s new front office – led by president of basketball operations Michael Winger – mulled the possibility of a roster reset.

Beal’s contract, which has four years and nearly $208MM left on it, includes a no-trade clause, which gave him significant control over the process and limited the Wizards’ options. On Saturday, reports indicated that Washington was in serious talks with the Suns and Heat about possible deals involving the star guard.

It’s unclear whether the Wizards preferred the Suns’ offer, Beal preferred Phoenix over Miami, or both. John Gambadoro of Arizona Sports 98.7 (Twitter link) hears that Phoenix was the only place Beal wanted to go, viewing it as the best fit for him and his family. However, according to Barry Jackson of The Miami Herald (Twitter link), the 29-year-old would have been happy to land with the Heat too, but the Suns were more aggressive in their pursuit.

Either way, Beal will form a new Big Three alongside Kevin Durant and Devin Booker, as new Suns owner Mat Ishbia takes another big swing following the team’s deadline acquisition of Durant. A three-time All-Star, Beal will be changing teams for the first time in his career following 11 years in Washington.

“This was an extremely complicated process with so many different hurdles to get through and (Wizards owner) Ted Leonsis and Michael Winger were unbelievable partners in making this happen,” Beal’s agent Mark Bartelstein said in a statement confirming the agreement, per Wojnarowski (Twitter link).

One of the NBA’s most prolific scorers in recent years, Beal averaged 30.5 points per game in 2019/20 and 31.3 PPG in 2020/21, but has seen his numbers dip in the past two seasons as he battled injuries and cut back on his shot attempts. In 90 games since the start of the ’21/22 season, he has averaged 23.2 PPG and 6.0 APG on .480/.333/.838 shooting in 34.6 minutes per night.

With Durant, Booker, Beal, and former No. 1 overall pick Deandre Ayton all on maximum-salary contracts that run through at least 2025/26, the Suns’ team salary projects to be over the NBA’s new second tax apron for the next three seasons or more, limiting their ability to upgrade their roster around that core, tweets ESPN’s Bobby Marks. Barring a trade of Ayton, Phoenix will have to fill out its roster this offseason by re-signing its own free agents and/or adding outside free agents on minimum-salary contracts.

Having already sent their 2023, 2025, 2027, and 2029 first-round picks – as well as a 2028 first-round pick swap – to Brooklyn for Durant, the Suns could only offer the Wizards a pick swap in 2024 and/or 2026 in addition to multiple second-round selections. Phoenix’s 2029 second-rounder is the only one that was traded away in a previous deal.

Meanwhile, Winger’s tenure in D.C. will begin with a cost-cutting trade of a franchise player who signed what was – at the time – the richest contract in NBA history just one year ago. Paul and Shamet are under contract through at least 2024/25, but aren’t owed any guaranteed money beyond ’23/24, so they’re essentially on expiring contracts, while Beal would have made an average of $52MM through ’26/27.

Paul’s $30.8MM salary for next season is currently only partially guaranteed for $15.8MM, but that guarantee will need to be increased by nearly $10MM in order to meet the NBA’s salary-matching rules.

A league source tells Josh Robbins of The Athletic (Twitter link) that the Wizards would like to keep Paul for next season, but if CP3 decides he wants to be on a club closer to contention, the Wizards and Suns would work to expand the trade to get him to a third team. It’s unclear whether Paul might be waived or bought out if he doesn’t want to play in D.C. and the trade can’t be turned into a three-team deal.

If he’s cut by Washington, Paul would be ineligible to return to the Suns, but would almost certainly pass through waivers and be able to sign with any other team as an unrestricted free agent. The Lakers are reportedly among the clubs expected to have “strong” interest in him in that scenario.

Shamet is owed $10.25MM in 2023/24 with non-guaranteed cap hits of $11MM and $11.75MM for the following two seasons.

Having moved on from Beal, the Wizards will now face major decisions on Kyle Kuzma and Kristaps Porzingis, both of whom can become unrestricted free agents if they decline player options for 2023/24.

If Washington pivots to a full rebuild, it will have a ripple effect on the Knicks, who are owed one of the Wizards’ first-round picks. That pick is top-12 protected in 2024, top-10 protected in 2025, and top-eight protected in 2026. It would turn into a pair of second-rounders if it hasn’t conveyed by then.

As for the Heat, they intend to shift their focus to Trail Blazers guard Damian Lillard and genuinely believe that Lillard could seek a trade out of Portland this offseason, reports Chris Haynes of Bleacher Report and TNT (Twitter link).

Beal has a 15% trade kicker, but because he’s already earning the maximum salary, it will be voided in this deal, Marks notes (via Twitter). Crucially, the guard’s no-trade clause will carry over to Phoenix, so the Suns would need to get his approval if they want to trade him down the road.