Miami Heat Rumors | Hoops Rumors

Heat Notes: Herro, Robinson, Oladipo, Jovic

October 3rd, 2022 at 9:10am CST by Arthur Hill

After waiting all summer for an extension, Heat shooting guard Tyler Herro has agreed to a deal that could top many of his peers, writes Barry Jackson of The Miami Herald. Herro’s new contract, which takes effect next season, could pay him up to $130MM over four years, with $120MM guaranteed and the rest available through incentives.

Herro has the opportunity to earn more than the Knicks’ RJ Barrett, who recently agreed to a four-year, $120MM rookie scale extension, Jackson notes. Herro’s deal also exceeds the Celtics’ Jaylen Brown, who got a four-year, $107MM extension in 2019, and the Suns’ Mikal Bridges, who signed for four years at $90MM in 2021.

Herro’s base starting salary will be $26.8MM, which is a 20% discount from the projected max, tweets salary cap expert Albert Nahmad.

There’s more from Miami:

The Heat may find it more difficult to find a taker for Duncan Robinson now that Herro’s extension is in place, according to Ira Winderman of The Sun-Sentinel. With Herro making just $5.7MM this year on the final season of his rookie contract, he was seen as a possible incentive in a deal for Robinson, but the poison pill provision will make Herro extremely difficult to move in 2022/23. Winderman states that the Heat will be limited financially unless they can find a taker for Robinson, especially with Max Strus headed toward free agency next summer.
After four years of battling injuries, Victor Oladipo is just focused on staying healthy this season, Winderman adds in a separate story. “I really don’t have any goals or expectations for myself,” he said. “For this team, it’s to win a championship, obviously. But for me, it’s to contribute. Right now, I’m just focused on doing that. I think that sometimes, if we get too far ahead, or look too far back, that sometimes we can be disappointed, and sometimes you can lose sight of what is in front of you. For me, I’m just trying to stay in the moment.”
Nikola Jovic struggled through Summer League, but veteran big man Udonis Haslem sees a lot of potential in the first-round pick, per Payton Titus of The Miami Herald. “[Jović] can score anywhere on the basketball court, can shoot with either hand, hard worker,” Haslem said. “Just experience, you know, experience is going to be the biggest thing that he’s going to need is this time over here working with us. The practice every day, competing, the physicality of it, getting in the weight room. And all those things are part of player development that we do very well here.”

Heat Sign Tyler Herro To Four-Year Extension

October 2nd, 2022 at 5:31pm CST by JD Shaw

6:28pm: Miami has officially announced Herro’s four-year extension.

“Tyler is an impact multi-faceted player and we are excited to have him signed for the next five years,” Heat president Pat Riley said in a statement. “His improvement every year since we drafted him has led to this day. We believe he will continue to get better.”

5:31pm: The Heat have agreed to a four-year, $130MM contract extension with star guard Tyler Herro, his agents tell ESPN’s Adrian Wojnarowski (Twitter link). Anthony Chiang of the Miami Herald relays (via Twitter) that $120MM is guaranteed, while the other $10MM can be earned via incentives. Herro’s extension will begin in 2023/24.

With the deal, Miami now has both of its young stars, Herro and Bam Adebayo, under contract long-term. The team has a healthy blend of young players and veterans and is expected to once again compete for a title this season.

Herro averaged 20.7 points, 5.0 rebounds and 4.0 assists per game last year, winning the NBA’s Sixth Man of the Year award. He’ll likely make a strong case in training camp for starting this season.

Herro is entering his fourth season with Miami. Last season was his best campaign since being drafted No. 13 overall by the team in 2019. At just 22 years old, he has ample time to continue improving and establish himself as a cornerstone piece for the Heat.

Miami had until opening night to reach an extension with Herro, otherwise, he would’ve reached restricted free agency next summer. He previously said he wouldn’t sign for anything he believes is less than his market value.

“I want to be here. I want to be in Miami,” Herro said. “But I’m not rushed to sign anything. It’s got to make sense for me and my family. I’m not just going to sign anything. I see the market, I see what guys got paid and I know my worth. So I’m looking for the right number.”

Heat Notes: Spoelstra, Butler, Power Forward, Martin, Haslem

October 1st, 2022 at 2:46pm CST by JD Shaw

Heat coach Erik Spoelstra discussed many training camp-related topics this week, including who may start at power forward this season, Anthony Chiang of the Miami Herald writes. As of now, it seems unlikely Jimmy Butler will slide up to the four.

“My thing with that is I would love to be able to, at some point in Jimmy’s career, just start him at all five positions,” Spoelstra joked. “I’ve already started him at point guard. I’ve started him at his natural position, the three. I’ve started him at the two. I’ve definitely played him at the four, and he’ll play some four this year, not likely starting him there.

“But, man, that’d be cool to start him at the four at some point, whether it’s this year or the future. And then, for sure, start him at the five. That would be a great legacy. But Jimmy is a brilliant competitor and basketball player. He’ll make it work no matter what position we have him at. But playing him at his strengths is important to him and to me and to the team.”

As Chiang notes, Butler has already made it clear that he doesn’t want to replace P.J. Tucker at the four. Other contenders for the team’s power forward spot include Caleb Martin, Haywood Highsmith and Bam Adebayo — though Adebayo would only make sense if Omer Yurtseven or Dewayne Dedmon start at center.

Here are some other notes from Miami today:

Spoelstra appreciates the “ambition” of so many players who want to start this season, Chiang writes in a separate article for the Miami Herald. Other potential starters include Tyler Herro, Victor Oladipo, Duncan Robinson and Max Strus — all of whom believe they’re worthy of that role. Herro easily has the best case, averaging 20.7 points on his way to winning the NBA’s Sixth Man of the Year award last season.
Martin, who also spoke about the team’s open starting forward slot, suggested that anyone who questions his ability to fill the role is showing some disrespect. “To me, it’s kind of a sign of disrespect a little bit that people are so worried about it,” he said, as relayed by Anthony Chiang. Of course, Martin is only 6’5″ and 205 pounds, so it’s understandable for fans to question whether he can play heavy minutes at power forward.
Barry Jackson of the Miami Herald examines a number of Heat topics, including why Udonis Haslem doesn’t want to get into coaching. Haslem is entering his 20th NBA season. He has served as a valuable locker room presence in recent years, but has only played a combined 18 games over the past three seasons.

Contract Details: Lakers, Galloway, DSJ, McCollum, More

September 30th, 2022 at 7:59am CST by Luke Adams

When the Lakers signed Matt Ryan and Dwayne Bacon to non-guaranteed training camp contracts earlier this month, both players received Exhibit 9 clauses in their new deals, but not Exhibit 10s, Hoops Rumors has learned.

Exhibit 9 contracts are non-guaranteed camp deals that don’t count against the cap during the preseason and offer teams some protection in the event of an injury. Exhibit 10s are similar, but also allow teams to convert the player to a two-way deal (if he’s eligible) or to give him a bonus worth up to $50K if he’s waived and then spends at least 60 days with the team’s G League affiliate.

As a general rule, a player who signs a training camp contract without an Exhibit 10 clause is usually just competing for a spot on his team’s 15-man regular season roster and won’t end up playing for the club’s G League affiliate if he doesn’t make the cut.

Langston Galloway (Pacers), Dennis Smith Jr. (Hornets), LiAngelo Ball (Hornets), Cody Zeller (Jazz), Timothe Luwawu-Cabarrot (Suns), and Wes Iwundu (Trail Blazers) are among the other recently signed free agents who signed Exhibit 9 – not Exhibit 10 – contracts.

Here are a few more contract details from around the NBA:

The exact cap hits on CJ McCollum‘s new extension with the Pelicans are $33,333,333 for 2024/25 and $30,666,666 for ’25/26, Hoops Rumors has confirmed. The deal is fully guaranteed, with no options or bonuses.
Veteran players who recently signed Exhibit 10 contracts include Justin Anderson (Pacers), Norvel Pelle (Pacers), Jalen Harris (Knicks), Kostas Antetokounmpo (Bulls), PJ Dozier (Timberwolves), Brodric Thomas (Celtics), Juwan Morgan (Clippers), Zylan Cheatham (Pelicans), Zavier Simpson (Magic), and Aleem Ford (Magic), Hoops Rumors has confirmed. Anderson and Pelle were subsequently waived by Indiana.
RaiQuan Gray (Nets), Justin Bean (Grizzlies), Jacob Gilyard (Grizzlies), Jules Bernard (Pistons), Stanley Umude (Pistons), John Butler (Pelicans), Garrison Brooks (Knicks), and Nuni Omot (Knicks) are among the rookies who recently signed Exhibit 10 contracts with their respective teams, Hoops Rumors has confirmed. Brooks and Omot have since been waived by New York.

Tyler Herro Wants Market Value Before Signing Extension

September 29th, 2022 at 9:16am CST by Dana Gauruder

Tyler Herro wants to sign an extension with the Heat but he’s not going to settle for less than what he perceives as his market value, Anthony Chiang of the Miami Herald reports.

Herro is looking for the “right number” before he inks a rookie scale extension, which must happen before opening night. Otherwise, he’ll be a restricted free agent next offseason.

“I want to be here. I want to be in Miami,” Herro said. “But I’m not rushed to sign anything. It’s got to make sense for me and my family. I’m not just going to sign anything. I see the market, I see what guys got paid and I know my worth. So I’m looking for the right number.”

Herro didn’t provide any details on what he believes his market value is but Chiang speculates he could seeking an extension similar to the one RJ Barrett signed with the Knicks late this summer. Barrett inked a four-year deal with $107MM in guaranteed money with another $13MM in potential bonuses.

Herro, the league’s reigning Sixth Man of the Year, will make approximately $5.72MM this season. Yet he was mentioned prominently in trade rumors this summer as Miami pursued a number of high-profile stars. Herro declares he wouldn’t be disappointed by a trade.

“I can get traded or I can stay here, I don’t care. I just want to play,” he said. “I want to play my game, have fun and I want to be wanted. Wherever they want me, I want to be.”

Herro expressed a desire to be a starter this season but has since softened that stance. After last season, team president Pat Riley challenged Herro to get stronger and become a better defensive player to earn a starting spot.

Challenge accepted, according to Herro.

“If somebody challenges me, I’m going to take it as a challenge,” he said. “That’s how my personality is, that’s what I do. And it’s not coming from just anybody. It’s coming from Pat. He wants the best for not only his team, but at the end of the day he wants the best for us individually, as well. If he challenges me, I’m going to take it on.”

Yurtseven Looks To Play With Bam

September 27th, 2022 at 8:35pm CST by Dana Gauruder

Omer Yurtseven has been putting up hundreds of 3-point shots during the offseason and he hopes that will convince Heat coach Erik Spoelstra to play him alongside Bam Adebayo at times, according to Barry Jackson of the Miami Herald. “We haven’t had the discussion, but I feel like it is in the plans,” Yurtseven said. “In pickup [games], we’ve started that rhythm that we have with each other. Training camp is going to be the real proving grounds.”

Heat Notes: Butler, Martin, Strus, Herro, Lowry

September 26th, 2022 at 5:15pm CST by Dana Gauruder

There’s been plenty of speculation this offseason that with the current makeup of the Heat’s roster that Jimmy Butler will play a lot of minutes at power forward. That’s not a prospect he relishes, he indicated during the team’s media day on Monday (link via Anthony Chiang of the Miami Herald).

“I could play the four, yes,” Butler said with a smile. “If they absolutely need me to play the four, I could, yes. If they absolutely wanted to have a conversation about me playing the four, I could, yes. But I’m not playing the four.”

Caleb Martin might be the early favorite to get the starting nod and he’d “love to start” at power forward, Barry Jackson of the Miami Herald writes. However, Martin is mainly concerned with being a part of the rotation.

“As long as I’m playing and can be productive, that’s fine,” Martin said, adding that he’s “flattered” that the team passed up on signing or trading for another power forward.

We have more on the Heat as they enter training camp:

At 6’5”, Max Strus wouldn’t seem like an option to start at the “four” spot. He’s open to do anything that would make him a part of the lineup, Jackson adds. “Obviously I want to be starting again,” he said. “That’s my goal.” In part due to injuries to team members, Strus started 16 regular season and all 18 postseason contests last season. “You don’t start in the Eastern Finals and be considered a bad basketball player,” he said.
Sixth Man of the Year award winner Tyler Herro expressed a desire after the playoffs to be a starter this season. Herro, a rookie scale extension candidate, has softened that stance, Chiang notes. “I’m a team player,” Herro, 22, said. “Whatever (coach Erik Spoelstra) and our organization wants me to do, I’m willing to do. Obviously, I have my own personal goals. But at the end of the day, the team is always over what I want to do as an individual player. So whatever they want me to do, whatever role they think fits me best, that’s what I’ll do.”
In June, team president Pat Riley said Kyle Lowry needed to improve his conditioning. Lowry took that criticism with a grain of salt, saying he didn’t do anything differently this offseason and said his conditioning is “not a problem,” Jackson relays in a separate story. “Honestly, he has his opinion,” Lowry said. “Right? Everyone has their opinion and it doesn’t do anything for me. All I do is motivate myself, I always motivate myself.”

Heat Notes: Crowder, Days, Offseason, Haslem

September 23rd, 2022 at 4:52pm CST by Luke Adams

Veteran forward Jae Crowder would welcome a return to the Heat, according to Barry Jackson of The Miami Herald. However, even though the Suns are said to be exploring Crowder’s trade market, a deal that sends him from Phoenix to Miami will be tricky to work out.

As Jackson writes, the Suns probably have zero interest in taking on Duncan Robinson‘s pricey long-term contract, and any other players the Heat could realistically use as salary-matching pieces in a Crowder trade aren’t eligible to be dealt until December or January. On top of that, Jackson would be surprised if Miami is willing to give up a future first-round pick to acquire Crowder, a 32-year-old on an expiring contract.

Here’s more on the Heat:

The Spurs were surprised when Darius Days signed a two-way contract with the Heat, according to Jackson, who says San Antonio had hoped to bring Days to training camp and have him compete for a two-way spot. One other team besides the Spurs offered Days a two-way deal, but the undrafted rookie out of LSU chose the Heat in part due to their track record of developing young talent, Jackson explains.
In another story for The Miami Herald, Jackson revisits the Heat’s offseason moves – including their decision not to go into the tax or to impose a hard cap on themselves – and wonders if it might’ve made sense for the team to offer its bi-annual exception to T.J. Warren to address its hole at power forward. Warren ended up signing a minimum-salary contract with Brooklyn.
Longtime Heat big man Udonis Haslem believes he’s “very qualified” to be part of the franchise’s ownership group and has already started talking to team executives about eventually getting a stake in the Heat, writes Anthony Chiang of The Miami Herald. “It will continue to rev up,” Haslem said of those discussions. “I’m going to continue to have them. I’m very ambitious and I’ve been creating a lot of the communication. But they’ve been receptive.” Haslem added that he wants to “learn everything from ticket sales to marketing” and be the sort of owner who brings value to the club.
In a separate article for The Herald, Chiang examines five preseason questions facing the Heat, including whether Tyler Herro will sign a rookie scale extension by the October 17 deadline and whether Kyle Lowry can set himself up for a strong second season in Miami.

Heat Add Guard Dru Smith

September 20th, 2022 at 6:45pm CST by Dana Gauruder

The Heat have signed guard Dru Smith, according to a team press release. Terms weren’t disclosed but it’s almost assuredly a training camp deal.

Smith is a familiar face. He appeared in three Summer League games with the Heat and averaged 12.0 points, 3.0 steals and 1.7 assists. He appeared in 10 games (five starts) with Miami’s G League affiliate, the Sioux Falls Skyforce, last season and averaged 8.0 points, 3.3 rebounds, 3.1 assists, 1.20 steals and 27.5 minutes.

Smith went undrafted out of Missouri.

Miami’s roster now includes 20 players, the maximum amount heading into training camp.

Butler Best Option At Power Forward?

September 19th, 2022 at 10:40pm CST by Dana Gauruder

A couple of scouts interviewed by Barry Jackson of the Miami Herald believe Jimmy Butler is the best option as the starting power forward for the Heat with Caleb Martin coming off the bench. However, there are concerns about Butler wearing down by playing that position.