Victor Oladipo

Heat Notes: Herro, Durant, Highsmith, Adebayo, Oladipo

The polarizing way in which rival teams view Tyler Herro is one reason why the Heat haven’t made much headway in trade talks for Kevin Durant or Donovan Mitchell, sources tell ESPN’s Zach Lowe (Insider link), who says Miami is still determined to make something happen and “can never be counted out.” If Herro signs a lucrative rookie scale extension, that might make it more difficult for the Heat to deal him in part because of poison pill provision rules, Lowe notes.

According to Lowe, some league executives and coaches view Herro as a potential All-Star, but some view him more like Jamal Crawford or Lou Williams, an instant-offense bench scorer whose defensive limitations make it difficult to keep him on the court in the playoffs. Lowe observes that the Heat are unable to match rival teams’ trade packages centered on first-round picks, so if they are able to land one of the stars on the trade market, part of the reason will be due to an opposing team being “higher on Herro than consensus.”

The Heat including Bam Adebayo in a deal for Durant would hamstring the Heat’s defense and could have disastrous long-term consequences due to the advancing ages of Kyle Lowry (36), Durant (34 in September), and Jimmy Butler (33 in September), Lowe writes. Sending Ben Simmons to Miami along with Durant would help solve that problem, but Lowe says the Nets are “wary of selling low” on the three-time All-Star, whose value has cratered after missing all of last season for various reasons.

Lowe takes an in-depth look at Herro’s strengths and weaknesses, ultimately suggesting that the 22-year-old might be able to develop into a player like CJ McCollum, a very good offensive player with below-average defense.

Here’s more on the Heat:

  • Barry Jackson of The Miami Herald (Twitter link) provides an update of where things stand with Miami’s pursuit of Durant. According to Jackson, Brooklyn isn’t interested in Herro as a headliner, so Durant heading to the Heat will likely hinge upon the star insisting on only being dealt to Miami, which obviously hasn’t happened to this point.
  • Haywood Highsmith is vying for an increased role in 2022/23 and will aim to emulate the departed P.J. Tucker, writes Anthony Chiang of The Miami Herald. “I think me and P.J. have similar styles on defense,” Highsmith said to the Herald. “We like to guard the ball, be physical and play hard and just play to win. On the offensive end, he’s a good three-point shooter in the corner, and I think I’m a good three-point shooter in the corner. I think I can do the stuff that he does on the dribble handoffs and the short roll, get into the pocket and making plays, shooting the floaters. I think just on both ends of the floor, I think we have a lot of similarities.” Highsmith’s salary is only guaranteed for $50K next season, so he’ll have to earn both his minutes and his contract by sticking with the team into January, when non-guaranteed and partially guaranteed deals become fully guaranteed.
  • Adebayo and Victor Oladipo are unfazed by the perception that the Heat have taken a step backward this summer after losing Tucker to the Sixers and not signing any outside free agents, per Ira Winderman of The South Florida Sun Sentinel. “They’re always counting us out,” Adebayo said. “We The Kennel for a reason, the underdog. That’s our chip. You can believe what you want, you can say what you want.” Oladipo re-signed with Miami on a two-year, $18.2MM deal that includes a second year player option.

Contract Details: Booker, Towns, Magic, Oladipo, Anderson, Hardy

The new super-max extensions for Suns guard Devin Booker and Timberwolves big man Karl-Anthony Towns each come with a different perk.

Booker’s deal includes a 10% trade kicker, but is fully guaranteed for all four years, with no player option in 2027/28.

Towns’ new contract, conversely, doesn’t feature a trade kicker, but has a fourth-year player option, giving Towns the ability to opt out and reach free agency in 2027.

Here are several more contract details from around the NBA:

  • Both Mohamed Bamba and Bol Bol received one guaranteed season and one non-guaranteed season on their new two-year contracts with the Magic. Bamba has matching cap hits of $10.3MM on his deal, while Bol’s cap hits are $2.2MM apiece.
  • Victor Oladipo‘s reworked two-year deal with the Heat came in at $18.2MM in total. It’s worth $8.75MM in 2022/23, with a $9.45MM player option for ’23/24.
  • As previously reported, Kyle Anderson‘s two-year contract with the Timberwolves is worth exactly $18MM. It features a first-year salary of $8,780,488 and a 5% raise to $9,219,512 for 2023/24.
  • Jaden Hardy‘s three-year contract with the Mavericks is, as expected, worth the minimum in all three seasons. It’s fully guaranteed in the first two years, with a partial guarantee of $400K in year three.

Heat Notes: Oladipo, Roster, Tax, Two-Way Slots

After re-signing with the Heat this week, Victor Oladipo told reporters, including Ira Winderman of The South Florida Sun Sentinel, that he felt during free agency as if teams were hesitant to pursue him too aggressively due to his injury history.

“It kind of seemed like a lot of people were kind of shying away from me,” Oladipo said.

Oladipo didn’t look quite like his old All-Star self following his return to the court near the end of the 2021/22 season, but he showed flashes of that form — and, as Winderman relays, the 30-year-old thinks that was just the beginning.

“I truly believe that I can be better than I was,” Oladipo said. “That may sound crazy to everyone, but I’d rather have that mentality and I can live with the results after that, because I’m going to push myself to be that.

“I think the biggest goal for me is just to show everyone that I’m healthy and I can play a whole year and also to show everyone that I’m one of the best players in this league. So everything else will take care of itself, and that’s what I’m focused on.”

Here’s more on the Heat:

  • After restructuring Oladipo’s new contract agreement, the Heat will be able to sign a 14th player to a minimum-salary contract while remaining about $200K below the luxury tax line, Winderman writes in a separate story for The Sun Sentinel. While the team has some options with that 14th roster spot, it could be as simple as re-signing Udonis Haslem, if the veteran big man wants to continue his playing career.
  • With limited roster and cap flexibility remaining, the Heat appear content, at least for the time being, to run it back in 2022/23, writes Anthony Chiang of The Miami Herald. As Chiang notes, besides replacing free agent forward P.J. Tucker with first-round pick Nikola Jovic, Miami’s roster remains essentially unchanged from the end of last season.
  • While Javonte Smart and Mychal Mulder currently hold the Heat’s two-way contracts, the team would be open to making a change if one of its camp invitees makes a strong impression, according to Chiang. Undrafted Fresno State big man Orlando Robinson was the first player to sign an Exhibit 10 contract with Miami this offseason, but he likely won’t be the last.

Heat Re-Sign Victor Oladipo To Two-Year Deal

JULY 7: The Heat have officially re-signed Oladipo, the team announced today in a press release. As we relayed earlier today, his new two-year deal is believed to be worth in the neighborhood of $18MM.

“Victor showed his work ethic and determination to come back and help us win games at the end of the regular season and through the playoffs,” Heat president Pat Riley said in a statement. “We are delighted to have him back in a HEAT uniform.”


JULY 6: Victor Oladipo remains on track to officially re-sign with the Heat, but he and the team have agreed to adjust the terms of the contract they negotiated last week, according to reports from Ira Winderman of The South Florida Sun Sentinel and Anthony Chiang of The Miami Herald (Twitter links).

Instead of signing a one-year, $11MM contract, Oladipo will receive a two-year deal that includes a second-year player option, per Winderman and Chiang.

While the exact financial terms are unclear, Oladipo’s salary in 2022/23 will be a little lower than $11MM in order to help the Heat remain below the luxury tax line (approximately $150MM) and the tax apron ($157MM).

Miami doesn’t yet have to worry about dealing with a hard cap, since the team hasn’t acquired a player via sign-and-trade, used its bi-annual exception, or used more than the taxpayer portion of its mid-level exception. But if the Heat want to do any of those three things, it would impose a hard cap of about $157MM on team salary, limiting their flexibility. A smaller first-year salary for Oladipo will give Miami more breathing room in that scenario, and may also help team ownership avoid a tax bill.

Oladipo will still have the right to veto a trade during the 2022/23 season. A player who re-signs with his former team on a one-year contract or a two-year deal with a second-year player option is afforded that privilege.

Contract Details: J. Smith, Oladipo, Co. Martin, Payton, More

Jalen Smith‘s new deal with the Pacers, initially reported as a two-year agreement, is actually a three-year contract with a player option in year three, according to Scott Agness of Fieldhouse Files (Twitter link). The deal also includes a trade kicker, says Agness.

Hoops Rumors can confirm Agness’ report and add that Smith’s trade kicker is worth 10%. The Pacers gave the big man the highest starting salary they legally could after the 2022/23 option in his rookie scale contract was turned down last year, resulting in a 2022/23 cap hit of $4,670,160 and subsequent 8% annual raises. Smith’s three-year deal has a total value of $15.13MM.

Here are a few more details on recently signed or agreed-upon contracts:

  • According to Anthony Chiang of The Miami Herald, Victor Oladipo‘s two-year deal with the Heat will be worth in the neighborhood of $18MM. As we relayed on Wednesday evening, Oladipo agreed to lower his 2022/23 salary in exchange for a second-year option. Dewayne Dedmon‘s two-year contract with the Heat, meanwhile, is worth $4.7MM in ’22/23 with a non-guaranteed $4.32MM salary in ’23/24.
  • Cody Martin‘s four-year contract with the Hornets is worth a total of $31.36MM, Hoops Rumors has learned. Martin’s $8.68MM salary in the final season of the deal (2025/26) is non-guaranteed.
  • Gary Payton II‘s three-year deal with the Trail Blazers has a starting salary of $8.3MM and is worth $26.15MM in total, slightly below its reported value of $28MM, Hoops Rumors has learned. The signing leaves Portland with a small portion of its mid-level exception remaining.
  • Jae’Sean Tate‘s three-year contract with the Rockets has a base value of $20.63MM, but can be worth up to $22.13MM if Tate earns all of his unlikely incentives. Kelly Iko of The Athletic previously reported that those incentives are tied to the team’s performance and that Tate’s contract includes a third-year team option.
  • Anfernee Simons‘ new four-year, $100MM contract with the Trail Blazers is fully guaranteed, without any incentives, Hoops Rumors has learned. It begins at $22.32MM in 2022/23 and eventually increases to $27.68MM in ’25/26.
  • New Raptors forward Otto Porter will earn $6MM in 2022/23, with a $6.3MM player option in ’23/24, Hoops Rumors has learned.

Heat Re-Sign Dewayne Dedmon

JULY 6: The Heat have officially re-signed Dedmon, the club announced in a press release. According to Anthony Chiang of The Miami Herald (Twitter link), the deal is conditionally guaranteed for the second year.

“Dewayne brings essential attributes to the center position, including size, length, physicality, rebounding, scoring and a defensive mentality to protect the rim,” team president Pat Riley said in a statement. “He has proven to be a great veteran for us and we are fortunate to have him back.”

Oladipo and the Heat adjusted the terms of his deal, so he’ll be signing for two years instead of one.


JUNE 30: The Heat have reached agreements with a pair of their own free agents. Veteran guard Victor Oladipo is signing a one-year, $11MM contract to remain in Miami, while center Dewayne Dedmon has agreed to a two-year, $9MM pact, according to Shams Charania of The Athletic (Twitter links).

Miami had Oladipo’s Bird rights and Dedmon’s Early Bird rights, so the team won’t have to use its mid-level or bi-annual exception to complete the deals.

A two-time All-Star, Oladipo has appeared in just 60 regular season games since the start of the 2019/20 season due to a series of injuries related to his quad.

He missed most of the ’21/22 campaign while recovering from a surgery, but showed flashes of his old self down the stretch, averaging 12.4 PPG and 3.5 APG on .479/.417/.737 shooting in eight games (21.6 MPG). The former All-Defensive First Teamer also exhibited his old versatility on defense.

A report earlier this week stated that Oladipo was considered unlikely to remain with the Heat, but the two sides ultimately worked out an agreement. It’s possible the club increased its efforts to re-sign Oladipo as a result of losing P.J. Tucker to Philadelphia; it’s also possible Oladipo didn’t get the kind of offers he sought on the open market. Of course, that earlier report may have just been erroneous. In any case, the 30-year-old is on track to return to Miami for another season.

Dedmon will once again slot into the Heat’s depth chart as a backup at the five. The nine-year veteran, who will turn 33 next month averaged 6.3 PPG and 5.8 RPG in 67 games (15.9 MPG) this past season.

Free Agent Rumors: Brunson, Oladipo, Ingles, Rockets

Jalen Brunson appears ready to leave the Mavericks and sign with the Knicks for a reported $110MM over four years, but money may not be the only factor, writes Tim Cato of The Athletic. Sources tell Cato that Brunson might not be willing to re-sign with the Mavs even if they agree to match New York’s offer, which has led to pessimism in Dallas about keeping the 25-year-old guard.

Cato adds that as of Tuesday, there’s no indication that the Mavericks are considering making a larger offer to Brunson.

In the same story, Cato examines Dallas’ system for evaluating how much players are worth and explains why the team decided not to offer Brunson a four-year, $55MM extension last summer.

There’s more on the free agent market:

  • The Kings are expected to be one of the teams reaching out to Victor Oladipo, according to Ian Begley of SNY.tv. Injuries limited Oladipo to eight games during the regular season, but he was part of the rotation during the Heat’s playoff run. Oladipo is looking for a starting position and a salary in the $10MM range, tweets John Gambadoro of Arizona Sports 98.7.
  • The Grizzlies are interested in Joe Ingles, Begley adds in the same piece. Ingles is rehabbing after his season was ended by a torn ACL in late January.
  • Rumors have linked the Rockets to several centers in free agency, but Jonathan Feigen of The Houston Chronicle isn’t convinced that it’s a position of need. Second-year center Alperen Sengun is projected to be the starter and the team plans to use a small-ball approach, with no traditional center, for eight to 10 minutes per game. Feigen notes that the Rockets want to be careful with their cap space beyond this season and suggests they may not make a large offer to a free agent this year.

Free Agency Rumors: Monk, Oladipo, McGee, Mills, Hartenstein

On a Spotify Live appearance with Marc Stein, Jake Fischer of Bleacher Report said he has heard there’s mutual interest between the Kings and Malik Monk in free agency (hat tip to Talkin’ NBA). Monk played college ball at Kentucky with De’Aaron Fox, so there’s obviously a connection between the two athletic guards.

Monk had a career-year in his first season with the Lakers last season, averaging 13.8 PPG, 3.4 RPG and 2.9 APG on .473/.391/.795 shooting in 76 games (37 starts, 28.1 MPG). He’s reportedly looking for a role where he can receive significant minutes and “be himself,” as he told Jovan Buha of The Athletic.

The Kings could offer Monk the mid-level exception, projected to be worth about $10.5MM next season, which is significantly more than the Lakers can offer (taxpayer MLE — $6.5MM).

Here are more rumors ahead of free agency, which kicks off in less than 17 hours:

  • Fischer also reports (hat tip to Talkin’ NBA) that in addition to Denver, Detroit and Washington, the Bulls are in the mix for Victor Oladipo. Fischer previously wrote that Oladipo was unlikely to remain with Miami.
  • John Gambadoro of Arizona Sports 98.7 FM Phoenix hears (via Twitter) that Suns backup center JaVale McGee is looking for a multiyear deal, with the Bucks, Mavericks and Nets interested in his services. Gambadoro adds that he’s unsure if Phoenix would go for a two-year deal to re-sign McGee, who was highly productive (9.2 PPG, 6.7 RPG and 1.1 BPG) in a reserve role with the Suns last season (74 games, 15.8 MPG).
  • Patty Mills is expected to draw “significant interest” on the free agent market after declining his player option, but he hasn’t ruled out a return to the Nets, sources tell Adrian Wojnarowski of ESPN (Twitter link). Brian Lewis of The New York Post hears Mills and his wife enjoyed their time in Brooklyn, but it’s possible he could get a more lucrative offer elsewhere.
  • Sources tell Marc Stein (via Twitter) that Isaiah Hartenstein hasn’t ruled out a return to the Clippers, stating that it’s “well-known among rival teams” with interest in the center that he might re-sign with Los Angeles. Lewis hears similarly, with sources close to the 24-year-old telling The Post that “he loves” playing for the Clips. The main issue is the Clippers are reportedly using their taxpayer MLE to sign John Wall, so they’ll be extremely limited in what they can offer Hartenstein. Stein previously reported that the Magic are the “leading suitor” for Hartenstein, who has also been linked to the Bulls, Raptors and Rockets.

Victor Oladipo Reportedly Unlikely To Remain With Heat

Heat guard Victor Oladipo is not expected to remain with the Heat this summer, Jake Fischer of Bleacher Report writes in his latest round-up of rumors from around the NBA.

According to Fischer, the Wizards, Nuggets, and Pistons are among the rival teams believed to have interest in Oladipo, who will be an unrestricted free agent.

The Heat control Oladipo’s Bird rights, so there would be no cap-related roadblocks standing in the way of bringing him back. If he leaves, it could be a signal that the two sides don’t agree on his price point — or either the team or player simply may not have interest in continuing the relationship.

A two-time All-Star, Oladipo has appeared in just 60 regular season games since the start of the 2019/20 season due to a series of injuries related to his quad. He missed most of the ’21/22 campaign while recovering from a surgery, but showed flashes of his old self down the stretch, averaging 12.4 PPG and 3.5 APG on .479/.417/.737 shooting in eight games (21.6 MPG). The former All-Defensive First Teamer also exhibited his old versatility on defense.

Given the injury questions surrounding Oladipo, he’s unlikely to get significant multiyear offers this offseason, but a raise on last season’s minimum-salary contract looks like a safe bet. Fischer suggests a deal in the neighborhood of the taxpayer mid-level exception ($6.4MM) may be realistic.

The Heat, meanwhile, will also face competition as they try to retain other key free agents like P.J. Tucker and Caleb Martin.

Heat Notes: Durant, Oladipo, Free Agency, Tampering

With Nets superstar Kevin Durant said to be losing confidence in the team’s management, the Heat could be a team to watch if he requests a trade, says Ira Winderman of the Sun Sentinel. As we relayed, Durant reportedly hasn’t spoken to anyone from the Nets in weeks.

Brooklyn is currently dealing with Kyrie Irving‘s uncertain situation, as Irving holds a $36.5MM player option for next season. His departure could prompt Durant to further consider his future. Miami can offer young pieces such as Bam Adebayo and Tyler Herro, as well as multiple first-round picks in talks.

Should the team be forced to offload Adebayo, it would naturally have a gaping hole at center. Durant is known to be friends with P.J. Tucker, an impending free agent for Miami. He also played with Jimmy Butler and Kyle Lowry on Team USA in 2016.

Here are some other notes from Miami:

  • In his latest mailbag for the Miami Herald, Anthony Chiang examines how far the Heat may go to retain Victor Oladipo in free agency. The 30-year-old is coming off a postseason where he averaged 10.6 points, 3.4 rebounds and 1.3 steals in 24.5 minutes per game, shooting 37%. He only appeared in eight regular-season games before the playoffs — one of which was a 40-point outing against the Magic.
  • Ira Winderman discusses several topics in a story for the Sun Sentinel, including how free agency tends to be trade season for the Heat. Miami acquired Butler in a sign-and-trade during the summer of 2019, then did the same with Lowry last summer.
  • In a separate article for the Sun Sentinel, Winderman explores whether the Heat’s free-agency timing could be thrown off by last year’s tampering investigation. The NBA found Miami to be guilty of “gun-jumping” when news of Lowry’s anticipated deal broke before free agency technically opened, taking away this year’s second-round pick as a result.