Heat Rumors

Heat’s Kevin Love Declining Player Option

Heat forward Kevin Love is turning down his player option for next season, according to ESPN’s Adrian Wojnarowski (Twitter link). Love will become an unrestricted free agent as a result of declining that $4MM option.

Even though Love is declining his option, the two sides are enthusiastic about reaching a new deal in the opening days of free agency, Wojnarowski reports. Love has spent the past season and a half with the Heat after being bought out by the Cavaliers ahead of the 2023 trade deadline.

Love has been one of the more underrated buyout pickups of the last few years, immediately settling into a veteran leader role while averaging 8.5 points and 6.0 rebounds in 76 games with the Heat (22 starts). He was also a big part of Miami’s run to the NBA Finals in 2022/23, averaging 6.9 points and 5.6 rebounds per game while shooting 37.5% from deep (4.4 attempts) in 20 postseason appearances.

Love, 35, is a five-time NBA All-Star and former champion with the Cavaliers in ’15/16. He has played 929 games (684 starts) while holding career averages of 16.5 points and 10.1 rebounds. According to Basketball-Reference.com, Love has a 73.47% chance to be inducted into the Naismith Basketball Hall of Fame.

According to the Miami Herald’s Anthony Chiang, one option could be for Love to re-sign with the Heat at his minimum of about $3.3MM with an additional year attached (Twitter link). That would give the team some extra wiggle room under the second apron to keep some of its own free agents.

Southeast Notes: Atlanta, Young, Butler, Ware, Hornets

The Hawks‘ trade of Dejounte Murray will make the roster cheaper, more coherent, and a better fit around star guard Trae Young, The Athletic’s John Hollinger writes. However, it’s not clear whether Young remains in the franchise’s long-term plans.

While the roster might fit better together now, the Hawks have gone 161-157 over the past four seasons and don’t necessarily appear any closer to being a contender in the Eastern Conference. However, due to the original acquisition of Murray, the Spurs control the Hawks’ first-round picks for the next three drafts (unprotected in 2025 and 2027 and an unprotected swap in 2026)

That’s why, Hollinger writes, the Spurs are the most logical trade partner for any deal involving Young. San Antonio is looking for an elite point guard to pair with Victor Wembanyama, and the combined salaries of Devonte’ Graham (whose guarantee date was just pushed back), Zach Collins and Tre Jones match Young’s, Hollinger points out.

Outside of Young, offers for the likes of Clint Capela and De’Andre Hunter have been lacking, Hollinger hears from league sources, but more moves out of Atlanta are expected.

For now though, this is Young’s team and the trade of Murray allows for more roster flexibility, including unlocking the non-taxpayer mid-level exception as a result of ducking under the luxury tax line.

We have more from the Southeast Division:

  • Heat star Jimmy Butler is planning to play out the 2024/25 season and then opt out of his contract and hit unrestricted free agency next year, without signing an extension. While it isn’t the ideal outcome for either side, it represents a middle ground that allows Butler to bet on himself and buys the Heat time to figure out their future. As William Guillory of The Athletic writes, Miami understands Butler is the key to any postseason success this season. Still, Guillory wonders if it might make more sense to turn the page on the Butler era as the team quietly continues building a strong young core.
  • The Heat introduced the newest member of that young core to the media on Friday, with No. 15 overall pick Kel’el Ware making his press debut. “We feel very fortunate that we were able to get the specific player we wanted, that can complement our team, can complement Bam [Adebayo],” Heat president Pat Riley said, per the Miami Herald’s Anthony Chiang. Ware immediately becomes the tallest player on Miami’s roster.
  • The Hornets waiving Seth Curry and declining the team option on JT Thor‘s contract suggest they’re preparing to operate as a cap room team if they lose free agent forward Miles Bridges, Hollinger writes in a separate post. The Hornets could create up to $23MM in cap space if they waive the non-guaranteed contracts of Aleksej Pokusevski and Bryce McGowens.
  • The Hornets also introduced draft picks Tidjane Salaün and KJ Simpson on Friday. The duo represents vice president of basketball operations Jeff Peterson‘s first two pieces of his roster vision and culture. “[Salaün and Simpson] just embody everything that we want to be about,” Peterson said, per The Charlotte Observer’s Roderick Boone. “They are extremely unselfish. They work, they understand the importance of putting the time in. It’s the only way you are going to get the results that you want. They compete and they just have an amazing outlook and approach in terms of how to get better on a daily basis. So these two guys just embody exactly what we want to be about going forward.

QO Updates: Heat, Magic, Quinones, Lundy, Williams, Nuggets

The Heat have issued qualifying offers to two of their three two-way players, announcing in a press release that they’ve made forward Cole Swider and guard Alondes Williams restricted free agents. Miami’s other two-way player, forward Jamal Cain, isn’t mentioned in the announcement, with Anthony Chiang of The Miami Herald tweeting that Cain isn’t expected to receive a qualifying offer.

Because Cain has finished each of the past two seasons on a two-way contract with the Heat, his qualifying offer would have been a one-year, minimum-salary contract with a small partial guarantee, whereas the QOs for Swider and Williams will be for one-year, two-way deals.

According to Chiang, the expectation is that Cain won’t be back with the Heat next season. Not getting a QO means he’ll be an unrestricted free agent this summer.

We have more qualifying offer news from around the NBA:

  • It appears that guard Trevelin Queen will be the only Magic two-way player to receive a qualifying offer this offseason. Orlando put out a press release (via Twitter) confirming that Queen has been given a QO, making him a restricted free agent. However, swingman Kevon Harris won’t get a QO and Admiral Schofield – who also wasn’t mentioned in the Magic’s announcement – has signed to play in France next season. Harris and Schofield both would’ve been eligible for minimum-salary qualifying offers, while Queen’s QO is for another two-way contract.
  • The Warriors aren’t tendering a qualifying offer to guard Lester Quinones, per Michael Scotto of HoopsHype (Twitter link). Quinones will become an unrestricted free agent after averaging 4.4 points per game on .397/.364/.690 shooting in 37 appearances off the bench for Golden State.
  • The Hawks have made a qualifying offer to guard Seth Lundy, tweets Scotto. Lundy, who was on a two-way contract this past season, had a strong year in the G League, averaging 20.4 points per game and making 40.0% of his three-point attempts in 25 regular season and Showcase Cup contests for the College Park Skyhawks. His qualifying offer is the equivalent of another two-way deal.
  • The Rockets are issuing a two-way qualifying offer to shooting guard Jeenathan Williams, according to Scotto (Twitter link). Williams appeared in 22 games for Houston and 10 for the Rio Grande Valley Vipers in the G League in 2023/24.
  • Nuggets two-way players Collin Gillespie and Braxton Key aren’t expected to get qualifying offers from the team, so they’ll become unrestricted free agents when the new league year begins, sources tell Vinny Benedetto of The Denver Gazette (Twitter link).

Heat’s Josh Richardson Exercising 2024/25 Player Option

Heat wing Josh Richardson is picking up his minimum-salary player option for 2024/25, reports Shams Charania of The Athletic (Twitter link). The move will guarantee Richardson’s $3,051,153 salary for next season, lining him up to be a free agent in 2025.

Richardson began his career in Miami in 2015 and spent his first four NBA seasons with the team. After bouncing around the league from 2019-23, with stints in Philadelphia, Dallas, Boston, San Antonio, and New Orleans, he returned to the Heat as a free agent last summer, signing a two-year, minimum-salary deal that included a player option on year two.

The reunion didn’t play out quite as hoped, as health issues limited Richardson to 43 games and ended his season early. When he was available, he averaged 9.9 points, 2.8 rebounds, and 2.4 assists in 25.7 assists per night, with a shooting line of .444/.347/.944.

Richardson, who underwent a labrum procedure in March to repair right shoulder instability, is still recovering from that surgery, making it an inopportune time for him to return to free agency, so it comes as no surprise that he’ll opt in for 2024/25.

While Richardson’s expiring contract could make him a trade candidate, the Heat – who are navigating the luxury tax – will likely welcome him back at a team-friendly rate of $3MM if he’s healthy. According to Charania, the 30-year-old is expected to make a full recovery before the start of the season.

As our tracker shows, Richardson is one of four Heat veterans whose contracts include player options for 2024/25. Caleb Martin, Kevin Love, and Thomas Bryant still have decisions to make on their options.

USA Basketball Announces 15-Man Select Team

USA Basketball has announced in a press release that a 15-man Select Team will train with the U.S. Olympic squad as it prepares for the upcoming Olympics. The Select Team, which is made up mostly of younger players and some who have previous Team USA experience, will work out with the men’s national team in Las Vegas from July 6-8.

The members of the Select Team are as follows:

Perhaps the most notable name on the list is Flagg, who has committed to Duke and will begin his first college basketball season in the fall. He’s viewed as a strong candidate to be the No. 1 pick in the 2025 NBA draft.

Duren, Galloway, Murphy, Murray, and Pritchard were part of the U.S. Select Team that trained with the national team ahead of the 2023 World Cup.

It’s possible some of these players will use their Select Team experience as a springboard to represent Team USA in international competitions down the road. Kawhi Leonard, Devin Booker, Anthony Edwards, and Tyrese Haliburton are among the players on this year’s Olympic team that were members of a Select Team earlier in their respective careers.

The select team will be coached by Magic head coach Jamahl Mosley, who will be joined by assistants Jim Boylen and Matt Painter. Boylen, a former Bulls head coach and current Pacers assistant, was Team USA’s head coach during the qualifying contests. Painter has been the longtime head coach at Purdue.

Heat To Sign Keshad Johnson, Zyon Pullin, Bryson Warren

Fresh off the end of the 2024 draft, the Heat have agreed to sign a trio of undrafted free agents to new contracts.

Miami has reached agreements with Arizona forward Keshad Johnson and Florida guard Zyon Pullin on two-way contracts, according to Shams Charania of The Athletic and Jake Fischer of Yahoo Sports (Twitter links).

A 6’7″ swingman, Johnson played for San Diego State across his first four seasons of NCAA eligibility before using his bonus senior season to transfer to the Wildcats. In 2023/24, he posted averages of 11.5 points, 5.9 rebounds, 1.8 assists, 1.0 steals and 0.7 blocks per game, with a shooting line of .530/.387/.710.

Pullin, an All-SEC honoree this past season, similarly enjoyed a five-year collegiate career. He played for UC Riverside from 2019-23, then transferred to Florida this past season. With the Gators, the 6’4″ guard averaged 15.5 points on .444/.449/.847 shooting, along with 4.9 assists, 3.9 rebounds, and 0.9 steals per contest. He started in 27 of 33 games in 2023/24.

Meanwhile, sources have informed Michael Scotto of HoopsHype (via Twitter) that Miami has also agreed to sign Bryson Warren – who played on the Heat’s NBAGL affiliate, the Sioux Falls Skyforce, before declaring for the draft – to an Exhibit 10 deal.

Warren, a 6’3″ combo guard, averaged 7.8 points, 1.9 assists, 1.6 rebounds and 0.8 steals in 17 regular season games with Sioux Falls, posting a shooting line of .381/.306/.778.

Exhibit 10 contracts can be converted into two-way deals or can set up a player to earn a bonus if he’s waived and then joins his team’s NBAGL affiliate.

Hawks Trade AJ Griffin To Rockets In Three-Team Deal

6:42pm: The trade is now officially complete, according to press releases from the Hawks and Rockets. Because Atlanta ended up trading the No. 44 pick (Pelle Larsson) and cash to Miami in exchange for No. 43 pick Nikola Djurisic, that trade agreement between the Heat and Hawks has been folded into this one, making it a three-team deal.


1:14pm: The Hawks and Rockets have agreed to a trade that will send forward AJ Griffin to Houston in exchange for the No. 44 pick in Thursday’s draft, reports Adrian Wojnarowski of ESPN (Twitter link).

Griffin, the 16th overall pick in the 2022 draft, had a promising rookie season in which he averaged 8.9 points per game with a .465/.390/.894 shooting line in 72 contests (19.5 MPG).

However, he missed time due to leg and ankle issues and personal reasons in 2023/24 and didn’t play much when he was available, averaging just 8.6 minutes per contest in 20 appearances. His scoring numbers cratered to 2.4 PPG on 29.0% shooting (.256 3PT%).

Despite his forgettable sophomore season, Griffin had been a player of interest in Houston for a while, according to Kelly Iko of The Athletic (Twitter link).

The Rockets, who will be operating over the cap but have plenty of breathing room below the luxury tax line, will be able to acquire the 20-year-old without sending out a player because they have a $4.5MM trade exception from last year’s Kevin Porter trade that Griffin will fit into, as Bobby Marks of ESPN tweets. Using a trade exception created last year will hard-cap Houston at the first tax apron for 2024/25.

Griffin will earn a guaranteed $3.89MM salary for next season and the Rockets will have until the end of October to decide whether or not they want to exercise his $5.97MM team option for the ’25/26 season.

The Hawks have been exploring possible deals involving Griffin since February’s trade deadline, per Jake Fischer of Yahoo Sports (Twitter link). The move will help them out a bit financially — as Marks tweets, Atlanta’s projected team salary is now right at the luxury tax line, though it would increase to first tax apron territory in the event that Saddiq Bey gets a qualifying offer.

The Hawks, whose own second-round pick at No. 40 is controlled by Portland, will now have the opportunity to select a player in a similar range at No. 44 tonight.

Heat, Hawks Swap No. 43, No. 44 Selections

[Update: This trade has been folded into a separate agreement and officially completed as a three-team deal.]

The Heat are flipping the No. 43 pick to the Hawks for the No. 44 pick and cash, according to Shams Charania of The Athletic and Stadium (Twitter links here).

The Hawks will thus be receiving guard Nikola Djurisic at No. 43, while the Heat will wind up with Arizona Wildcats guard Pelle Larsson, the No. 44 pick.

Significantly, Atlanta will now be hard-capped at the second tax apron as a result of sending out cash.

Djurisic, 20, has played three-plus seasons with Mega in the Adriatic League. He averaged 15.4 points and 3.5 assists last season. He’s a potental draft-and-stash candidate.

Larsson, 23, played three seasons with the Wildcats after one year at Utah. He’s a prolific 3-point shooter — 39.7% in 133 career college games. Last season at Arizona, he averaged 12.8 points, 4.1 rebounds and 3.7 assists. He shot 51.9% from the field and 42.6% from deep.

Heat Unconcerned About Ware's Motor

Kel’el Ware gained a reputation of having a low motor during his one season at Oregon. He played with much more effort during his one season with Indiana and that’s why the Heat had no qualms about selecting him with the No.  15 pick, Ira Winderman of the South Florida Sun Sentinel writes.

“I think that’s a low-hanging-fruit description of him,” Adam Simon, the Heat’s VP of basketball operations, said. “Kel’el is not that. I think he went to Oregon, was playing behind an established player, an older player. He played in every game out there, saw a better situation for himself to go to Indiana. For him, he showed what he can do. He played with a motor. He played with intensity. And I think we’re talking about a young player that has an edge to him.”

  • Don’t expect the Heat to re-sign both Haywood Highsmith and Caleb Martin in free agency, Chiang reports in a separate story. Highsmith is set to become an unrestricted free agent and Martin holds a $7.1MM option on his contract, which he will likely decline. With the Heat’s payroll already near the second apron, the best Miami can realistically hope for is to re-sign one or the other, Chiang writes.

Jimmy Butler To Stay With Heat, Won’t Sign Offseason Extension

Star Heat swingman Jimmy Butler is set to remain with Miami for the 2024/25 season, according to Shams Charania of The Athletic.

The six-time All-Star and five-time All-NBA honoree, who has a player option for 2025/26, will not complete a contract extension with the Heat or agitate for a trade prior to the 2025 offseason, sources inform Charania, who says Butler “has an affinity” for Miami and wants to remain with the organization.

While Miami could still unilaterally decide to trade Butler, there’s no indication they want to do so, Charania adds, especially since he’s reportedly unwilling to sign an extension with any team, which would limit his value on the trade market.

There had been speculation this spring that Butler may seek a change of scenery due to the fact that he was reportedly seeking a two-year, maximum-salary extension and Heat president Pat Riley publicly expressed reluctance to put that deal on the table for the 34-year-old, who has battled injuries in recent years.

ESPN’s Brian Windhorst (YouTube video link) stated earlier today during an appearance on The Pat McAfee Show that Butler had informed rival clubs of his preference to stick with the Heat, even without a new deal in place.

“Even if there’s no extension, he’s going to focus on next season. He’s got a player option in the summer of 2025 next year that he can use,” Windhorst reported on The Pat McAfee Show. “I think Jimmy Butler wants to be in Miami. There’s teams that have definitely said ‘Hey, are you looking to get out?’ And I think he said, ‘I’m solid in Miami.’ I think that’s been communicated with the Heat. We’ll see what happens next summer.”

The 6’7″ swingman submitted another impressive season when he was available. Across 60 healthy contests, Butler averaged 20.8 points (on .499/.414/.858 shooting), 5.3 rebounds, and 5.0 assists per game for the 46-36 Heat in 2023/24. However, he was unavailable for the team’s first-round series loss to Boston due to an MCL sprain.

Since joining Miami in a sign-and-trade during the summer of 2019, the Marquette alum has led the team to two Finals appearances, plus three Eastern Conference Finals berths.

According to Ira Winderman of The South Florida Sun Sentinel (Twitter link), Butler and the Heat could revisit extension talks at some point in the 2024/25 season.