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Heat Sign Bam Adebayo To Maximum-Salary Extension

November 28th, 2020 at 3:18pm CST by Luke Adams

NOVEMBER 28, 3:18pm: Adebayo has officially signed the contract, according to a team press release.

NOVEMBER 24, 2:39pm: The Heat and Adebayo have agreed to terms on the extension, reports ESPN’s Zach Lowe (Twitter link). It’s straight five-year deal, with no player or team option, according to Anthony Chiang of The Miami Herald (Twitter link).

Shams Charania of The Athletic (Twitter link) confirms that Adebayo’s new maximum-salary extension will have Rose Rule language and could start at up to 30% of the 2021/22 cap rather than 25%, as detailed below.

NOVEMBER 24, 12:29pm: The Heat are moving forward with a contract extension for fourth-year big man Bam Adebayo, according to Ira Winderman of The South Florida Sun Sentinel (Twitter link). Tim Reynolds of The Associated Press confirms (via Twitter) that the club is in the process of extending Adebayo’s deal.

Adebayo was one of two dozen players eligible for a rookie scale extension entering the offseason. Coming off a breakout year, he looked like one of the most deserving candidates for a new deal, along with Jayson Tatum, Donovan Mitchell, and De’Aaron Fox, all of whom have agreed to maximum-salary extensions in recent days.

However, the Heat’s salary cap situation complicated the team’s decision. Miami has been focused on preserving as much cap room as possible for the 2021 offseason, and a new deal for Adebayo will increase his cap charge from a hold worth about $15MM to a new salary worth at least $28MM (f he gets the max), eliminating the possibility of a max-salary slot for a free agent.

The fact that the Heat are now moving forward on an extension for Adebayo could mean a number of things. Maybe Adebayo wasn’t waiting a year for his new contract; maybe the Heat remain confident that if a star like Giannis Antetokounmpo is available and wants to play in Miami next year, they’ll be able to figure it out even without the necessary cap room, like they did for Jimmy Butler in 2019; or maybe the Heat believe Antetokounmpo is becoming more likely to sign a super-max extension with the Bucks and remain in Milwaukee.

According to Barry Jackson of The Miami Herald (Twitter link), someone who knows Giannis well told him that the reigning MVP would be impressed by the Heat extending Adebayo early rather than making him wait until next year. Still, if Antetokounmpo is moving closer to accepting a deal with the Bucks, Adebayo’s agent Alex Saratsis would certainly know about it — he also represents Giannis.

Whatever the thinking, it’s good news for Adebayo, who was a full-time starter for the Heat in the first time in 2019/20 and responded with an All-Star performance, averaging 15.9 PPG, 10.2 RPG, and 5.1 APG in 72 games (33.6 MPG).

He also helped anchor Miami’s defense, blocking 1.3 shots per game and averaging 1.1 steals as well. His play was crucial in helping the Heat reach the NBA Finals, though his ability to contribute in that series against the Lakers was compromised by a neck injury.

The Heat are expected to give Adebayo a five-year maximum-salary contract that will match the ones signed by those other young stars from his draft class, as Winderman reports. That would put the 23-year-old on track to earn at least $163MM and as much as $195.6MM over the life of the deal, based on current cap projections. The new contract will begin in 2021/22, once his rookie deal expires.

Photo courtesy of USA Today Sports Images.

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Southeast Notes: Bradley, Adebayo, Gallinari, Pasecniks, MCW

November 25th, 2020 at 8:57am CST by Luke Adams

Introduced on Tuesday as a newly-signed member of the Heat, guard Avery Bradley cited the oft-lauded “Heat culture” as one of the key reasons why he wanted to join the team, as Anthony Chiang and Barry Jackson of The Miami Herald write.

“I always felt like if I ever got an an opportunity to play here, I would fit in perfect,” Bradley said. “Once the opportunity presented itself, I knew I would take advantage of it. I’m excited because I do feel like I’m a perfect fit. We all know what it means to be a Miami Heat player — the passion, the dedication it takes to be a part of this culture. I think our team is going to be really good. I’m excited to be part of Miami and part of a great culture like this. I felt wanted.”

Maurice Harkless, who also officially signed with Miami this week, said talking to former Portland teammate Meyers Leonard helped convince him to join the Heat.

“The big thing that Meyers said and he talked about all the time was just the people in the organization and how everyone carried themselves and how everyone came to work every day,” Harkless said. “It’s just what everybody else talks about, the culture. He really embraced it and he spoke highly of everything that goes on in this organization. Hearing that from him, it made my decision a lot easier.”

Here’s more from around the Southeast:

  • After reaching an agreement with the Heat on a maximum-salary extension on Tuesday, Bam Adebayo told reporters – including Chiang and Jackson – that he never really had a conversation with the team about waiting until next year to sign his new deal. “Me and (Heat president Pat Riley) met one on one, and we kind of talked through it,” Adebayo said. “We both thought it was the right decision.”
  • The third year on Danilo Gallinari‘s new $61.5MM contract with the Hawks will only be partially guaranteed, according to Chris Kirschner of The Athletic, who tweets that the forward will be assured of $5MM of his $21.4MM salary in that final year (2022/23).
  • The Wizards and big man Anzejs Pasecniks have agreed to push back his salary guarantee deadline from this week to February 1, reports ESPN’s Bobby Marks (Twitter link). Pasecniks, who currently has a $350K guarantee on his $1.5MM salary, may have been waived if Washington had been forced to make an immediate decision.
  • Michael Carter-Williams‘ new two-year deal with the Magic features two fully guaranteed seasons worth $3.3MM apiece, according to Marks (Twitter link).
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Southeast Notes: Riley, Hawks, Fox, Magic

November 1st, 2020 at 3:31pm CST by JD Shaw

Heat president Pat Riley was pleased with the development of several young players this season, telling reporters at his end-of-season press conference that he was especially impressed with the improvements of Bam Adebayo and Tyler Herro.

“When we drafted Bam, we didn’t think Bam would be an All-Star this quick,” Riley said, according to Barry Jackson of the Miami Herald. “We saw a great athlete. We didn’t even know how great a person he was. When we found out the level of his character and his loyalty and being a teammate, that with his talent, we knew we had something special.”

Adebayo averaged 17.8 points, 10.3 rebounds and 4.4 assists per game in the playoffs, with the 23-year-old showing noticeable improvements on both ends of the floor this season. As for Herro, a fearless 20-year-old who just finished his rookie season, Riley had much of the same praise for his campaign.

“[He] grew through listening and he grew through the mentorship of Udonis Haslem, Jimmy Butler, Goran Dragic,” Riley said. “All of those guys and the ones that came at midseason — Andre [Iguodala] and Solomon [Hill] and Kelly [Olynyk] and Meyers [Leonard] — all of these veterans took him under their wing because they saw something special there

“He got better not just as a shooter, but as a shotmaker. He got better in handling the ball. I used to see him out here on the court with our coaches that were developing him putting him through a myriad of ball-handling drills against pressure, banging him with the heavy bag, making him go to the basket and knocking him down and making sure he concentrated on finishing.

“He’s a very, very efficient offensive player. He got better as a playmaker. His vision — he started to see other plays because he could take it to the rack. He’s a great kid. He works hard and we have somebody very special in him.”

There’s more from the Eastern Conference today:

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Heat Notes: Riley, Untouchables, Herro, Nnaji

October 26th, 2020 at 2:10pm CST by Luke Adams

In speaking to reporters last Friday about the Heat‘s NBA Finals loss to the Lakers, team president Pat Riley said “there’s always going to be an asterisk, that caveat” from the Heat’s perspective due to the fact that neither Bam Adebayo nor Goran Dragic was fully healthy for the series. However, Riley made it clear in his follow-up comments on Sunday that he wasn’t saying that an “asterisk” should be placed next to Lakers’ championship itself.

“The asterisk is next to the Heat’s name, not the Lakers,” Riley said, per Tim Reynolds of The Associated Press (Twitter link). “Their title is legitimate. Our loss has an asterisk (next) to it. The Lakers were the better team. Period.”

While Riley’s initial wording left some room for interpretation, reading it as a dig aimed at the Lakers would’ve meant ignoring the surrounding context, according to Ira Winderman of The South Florida Sun Sentinel, who noted that when Riley wants to make a point, he’s rarely subtle about it.

Here’s more on the Heat:

  • In a separate article for The Sun Sentinel, Winderman considered which Heat players could be had in hypothetical trades and which would be off the table, identifying the team’s “untouchables” as Jimmy Butler, Bam Adebayo, and – for entirely different reasons – Udonis Haslem.
  • After a surprise run to the NBA Finals, the Heat will have to decide how aggressive they want to be with their current roster, writes Zach Harper of The Athletic. Within the story, Harper says league sources believe that if the Heat were to explore a trade for Victor Oladipo, they wouldn’t consider including Tyler Herro in any offer.
  • Former Arizona forward Zeke Nnaji worked out for the Heat on Sunday, according to Marc J. Spears of The Undefeated (Twitter link). The reigning Pac-12 Rookie of the Year, Nnaji is the No. 35 prospect on ESPN’s big board but could be an option for Miami at No. 20 in next month’s draft.
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Eastern Notes: Bulls, Adebayo, Hornets, Wizards

October 25th, 2020 at 5:55pm CST by JD Shaw

The Bulls would benefit from using their offseason to determine the team’s long-term answer at point guard, K.C. Johnson of NBC Sports Chicago writes.

As Johnson notes, Chicago could acquire an established point guard in the November 18 draft or free agency. The team could also attempt to address the position internally, having selected Coby White selected seventh overall in last year’s draft.

The Bulls own the No. 4 pick this year and could consider drafting LaMelo Ball or Killian Hayes if either player is available. Chicago finished with the fifth-worst record in the Eastern Conference this past season (22-43) and failed to qualify for the NBA restart in Orlando.

The team made notable changed to its front office and coaching staff this summer, hiring Arturas Karnisovas as executive VP of basketball operations, Marc Eversley as general manager, and Billy Donovan as head coach.

There’s more from the Eastern Conference today:

  • Ira Winderman of the Sun Sentinel ponders whether the Heat will be able to find the correct complement to Bam Adebayo. Miami started Meyers Leonard alongside Adebayo for the first half of last season, later acquiring Jae Crowder at the trade deadline and choosing to go small entering the Orlando restart. The team could re-sign Crowder in unrestricted free agency or turn its attention to a player like Danilo Gallinari, who held mutual interest with the Heat on a potential trade last February before the sides were unable to agree to financial terms. Gallinari has since hinted that he may prioritize signing with a contending team over financial stability, though it’s unclear what his thinking will be when free agency opens.
  • Rick Bonnell of the Charlotte Observer examines how the Hornets could benefit from a December start to the 2020/21 season. The NBA is discussing a number of options for next season, including starting the campaign earlier than originally expected (perhaps around Christmas Day).
  • Fred Katz explores a potential Bradley Beal trade, Rui Hachimura‘s defense and more in his latest mailbag for The Athletic. The Wizards are set to run it back with a healthy John Wall next season, but the team must address the free agency of Davis Bertans and who to draft at No. 9 before the campaign rolls around.
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Heat Notes: Riley, Crowder, Dragic, Adebayo, Roster

October 23rd, 2020 at 6:24pm CST by Dana Gauruder

Heat team president Pat Riley isn’t planning on making any major changes to the roster this offseason, according to Anthony Chiang of the Miami Herald. Speaking to the media on Friday, Riley said he’s committed to keeping his young core intact.

“I think we’ll stay the course with our (draft) picks, stay the course with our young players,” he said. “We have decisions to make, obviously, with player contracts and free agents, and really do a deep dive into this season, myself and [coach Erik Spoelstra] and [GM Andy Elisburg], about how good we really are right now.”

Riley addressed a number of topics, including the team’s free agents. Here are the highlights:

  • At the top of the team’s free agent list are Jae Crowder and Goran Dragic and Riley hinted he’d like to re-sign them. However, he also wants to preserve cap space to make a run at a top-level free agent next season. “It’s going to be a little bit dicey for us because of wanting that flexibility,” he said. “But if things can happen prior to that, I think we have to take care of our own, as much as we can.”
  • The tricky timing of a possible Bam Adebayo extension also weighs heavily on Riley’s mind. If Adebayo signs a rookie scale extension this offseason, it would eat significantly into the Heat’s cap space for next offseason. Riley could try to convince Adebayo to delay signing an extension until next offseason but Riley isn’t keen on doing that. “I’m not going to approach it that way,” Riley said. “I really don’t want to get into any kind of discussions at this point about it. … We value Bam Adebayo. He’s an All-Star. And he’s young. And he’s great. And we’re going to do what’s in his best interest.”
  • Even though the team made a surprising run to the Finals in Orlando, Riley isn’t sure the team as presently constituted can pull that off again. That could play into his personnel decisions. “We were in the Finals. Are we a finalist?” he said. “Can we get through the Eastern Conference next year with what’s happening in Philadelphia or what’s going to happen in Milwaukee or what’s going to happen in Brooklyn or Boston? We already know that Boston has got their team together and they got three first-round picks in the draft. Toronto, there’s a lot of very good teams. So yeah, that’s a question that I’ll kick around in my mind. I’ll talk to Spo about it.”
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Heat Rumors: Adebayo, Giannis, Jones, Dragic, Crowder

October 15th, 2020 at 5:00pm CST by Luke Adams

The expectation heading into the 2020 offseason is that the Heat will prefer to wait on a new deal for Bam Adebayo, since signing him to a maximum-salary extension would cut into the team’s available cap room for 2021. Miami could maximize that space by keeping Adebayo’s more modest RFA cap hold on the books for 2021, then eventually going over the cap to re-sign him.

Adebayo could get the same max contract whether he signs it this offseason or waits until 2021, but if he’d rather lock it in sooner rather than later, it might become an awkward situation for the Heat, writes Barry Jackson of The Miami Herald. In Jackson’s view, Miami actually may have had more leverage to ask Adebayo to wait when there was a perception that the team needed another star to become championship contenders. After this year’s Finals appearance, that argument is more tenuous.

The Heat’s plan is to go “all-in” for Giannis Antetokounmpo in 2021 if the Bucks star reaches free agency, per Shams Charania of The Athletic. If Antetokounmpo agrees to an extension with Milwaukee before then, the Heat may not feel as compelled to hold onto their ’21 cap room, which would lessen the need to wait on Adebayo’s next contract.

Here’s more on the Heat:

  • Unrestricted free agent wing Derrick Jones is expected to receive interest from the Cavaliers, Hornets, and Hawks, among others, sources tell Charania. At just 23 years old, Jones is an unusually young UFA and still has room to develop, which explains why several rebuilding teams will likely kick the tires.
  • There’s mutual interest in a new deal between Goran Dragic and the Heat, according to Charania, who says the veteran point guard will have multiple suitors.
  • If the Heat are only willing to offer one-year contracts this offseason, Dragic and Jae Crowder may have to decide whether they prefer to remain in Miami or seek longer-term security, writes Ira Winderman of The South Florida Sun Sentinel. “I’m going to obviously give it thought on both sides — having security and my comfort with this organization,” Crowder told Winderman. “So, hopefully, it all comes together from both sides. And that’s what I really want to do.”
  • Barry Jackson of The Miami Herald examines how the Heat could theoretically re-sign Dragic and Crowder to lucrative one-year contracts while also adding a quality player with the mid-level exception — and staying out of tax territory.
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Heat Notes: Adebayo, Offseason, Butler, L2M Report

October 11th, 2020 at 10:58am CST by Arthur Hill

Miami’s surprising postseason success may change the long-term plan for the franchise, writes John Hollinger of The Athletic. The Heat have been focused on maximizing cap room for the free agent class of 2021, but their run to the Finals may alter their thinking, not only regarding free agent such as Goran Dragic and Jae Crowder, but for a possible extension for Bam Adebayo.

Adebayo will be eligible for a maximum extension during the offseason, and the team had been expected to delay a new deal with the 23-year-old until next summer. His cap hold will be just $15MM, preserving enough room to chase an elite free agent. However, Hollinger thinks Adebayo’s All-Star season may make it too risky to let him get to restricted free agency.

Even a “low” max deal that starts at 25% of the cap would take the Heat out of the 2021 free agent sweepstakes. But Hollinger notes that the front office didn’t have cap room when it acquired Jimmy Butler on a max salary last summer and suggests that Pat Riley might pursue a similar strategy next year, hoping the team’s young talent will enable another sign-and-trade for a top free agent.

There’s more on the Heat:

  • In the same piece, Hollinger offers a suggestion for Miami’s offseason that would allow the team to compete for a title again next year without altering its road map for the future. The Heat are about $45MM below the projected tax line for 2020/21 with a mid-level exception that could be used to add a power forward such as Paul Millsap on a one-year contract with an option.  Crowder could be offered a similar deal to stay, while Dragic might get a longer-term contract with manageable yearly salaries. Hollinger adds that with Butler, Dragic and Crowder all age 30 or older, Miami’s focus should be on the present rather than the future.
  • Heat coach Erik Spoelstra believes rebuilding teams should focus on finding a player like Butler, according to Sam Amick of The Athletic. “The draft is coming up in … a month, they should study Jimmy Butler as a two-way player,” Spoelstra told reporters after Friday’s game. “He’s the ultimate competitor, and when you’re facing the ultimate competition, that’s what happens.”
  • Two controversial calls that benefited the Heat in Game 5 were both deemed correct in the league’s last-two minute report, although two others were missed that proved to be inconsequential, writes Dave McMenamin of ESPN.
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And-Ones: Adebayo, Olympics, NBA Foundation, Tsai

October 9th, 2020 at 5:01pm CST by Luke Adams

Although he didn’t make the final 12-man squad that took part in the 2019 World Cup, Heat center Bam Adebayo participated in Team USA’s training camp leading up to that event and received consideration to represent the U.S. in the international competition.

With the Tokyo Olympics on tap for the summer of 2021, however, another national program is hoping to recruit Adebayo away from USA Basketball, according to Colin Udoh of ESPN, who says Nigeria wants to add the big man to its Olympic roster. Adebayo’s father is Nigerian, Udoh notes.

“Having Bam in our national team is a possibility that we are considering as a federation ahead of the 2020 Olympics and beyond,” Nigeria Basketball Federation president Musa Kida said in a statement to ESPN. “We are excited about how far he has gone and what he can achieve in his career with D’Tigers if he chooses to play for Nigeria.”

Nigeria has already earned an Olympic berth and – assuming next season’s schedule allows for it – is expected to feature NBA players such as Josh Okogie, Al-Farouq Aminu, Chimezie Metu, and potentially Spencer Dinwiddie. It remains to be seen if the team will be able to land Adebayo, but he has said in the past that he’d consider Nigeria if asked. He also may be more open to the idea after being cut from last year’s Team USA roster.

Here are more odds and ends from around the basketball world:

  • The NBA and NBPA issued a joint press release today announcing the board of directors for the NBA Foundation, a new organization dedicated to driving “economic empowerment for Black communities through employment and career advancement.” In addition to Harrison Barnes and Tobias Harris, whose involvement was previously reported, the NBA Foundation’s board of directors will be made up of Adam Silver, Michele Roberts, and four team owners (Gayle Benson, Tony Ressler, Larry Tanenbaum, and Michael Jordan).
  • As we relayed earlier today, China’s CCTV has lifted its year-long ban on NBA broadcasts, citing the league’s role in fighting COVID-19 in China as a primary reason for that decision. NetsDaily suggests Nets owner Joe Tsai may have played a key part in that effort, having sent a $3.7MM donation to China in February to help fight the pandemic.
  • In an Insider-only article for ESPN.com, Bobby Marks lists the trade assets held by all 30 teams, including moveable players, surplus draft picks, and trade exceptions.
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Heat Notes: Crowder, Iguodala, Dragic, Adebayo

October 8th, 2020 at 5:00pm CST by Luke Adams

Jae Crowder has only been a member of the Heat for about eight months, but this year’s run to the NBA Finals has helped convince him he’d like to stick around a little longer. The veteran forward told reporters today that he’s interested in re-signing with the club this offseason, according to Barry Jackson of The Miami Herald.

“Hopefully we can work something out,” Crowder said. “It’s enjoyable because we’re winning. Last two teams standing. It’s been a great, great organization to be a part of.”

With the Heat looking to maintain cap flexibility for the 2021 free agent class, Jackson says he expects the club to give Crowder a one-year offer that might include a team option for the 2021/22 season.

Here’s more on the Heat:

  • Rob Mahoney of The Ringer takes a closer look at how the trade-deadline deal that sent Crowder and Andre Iguodala to Miami helped the Heat reshape their roster and unlock the team’s two-way potential.
  • A report earlier this week suggested that front office executives around the NBA view the Heat as the top destination for the next star player seeking a change of scenery. According to Barry Jackson of The Miami Herald, a number of player agents share this view. “I think they are quite compelling to anyone,” veteran agent Bill Neff said. “If I’m (a top free agent), I like the culture, the coach and the organization.”
  • As expected, injured point guard Goran Dragic remains doubtful to play in Game 5 of the Finals on Friday due to his torn plantar fascia. On a positive note, Bam Adebayo no longer appears on the injury report after playing in Game 4, tweets Ira Winderman of The South Florida Sun Sentinel.
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