Wayne Ellington Rumors | Hoops Rumors

Heat Sign Kelly Olynyk To Four-Year Deal

July 7th, 2017 at 3:19pm CST by Luke Adams

JULY 7, 3:19pm: The Heat have officially signed Olynyk, the team announced today in a press release.

“As soon as Kelly Olynyk became an unrestricted free agent, we pursued him,” Heat president Pat Riley said in a statement. “He is not only a post player, he can also play away from the basket. What we like the most is that he is a playmaker, tough defender and rugged rebounder. At just 26 years old, he fits in perfect with our young core that will play together in their primes.”

JULY 6, 6:45pm: The Heat have reached an agreement on a four-year contract with free agent center Kelly Olynyk, according to Adrian Wojnarowski of ESPN, who reports (via Twitter) that the deal is worth $50MM. Olynyk’s new deal will include a fourth-year player option, Wojnarowski adds (via Twitter).

Because the Celtics withdrew Olynyk’s qualifying offer earlier this week, he’s an unrestricted free agent and can sign outright with Miami. Boston needed to clear the big man’s cap hold from its books in order to help create enough space for Gordon Hayward‘s new maximum salary deal with the team. Until Olynyk’s QO was rescinded, he had been a restricted free agent, but becoming unrestricted helped accelerate his market.

Olynyk, 26, appeared in 75 regular season games for the Celtics last season, averaging 9.0 PPG and 4.8 RPG and once again showed off an ability to make an outside shot (.368 career 3PT%). His most memorable performance in Boston came in Game 7 of the Eastern Conference semifinals against the Wizards, when he helped the C’s seal the series with a 26-point outburst.

By signing with the Heat, Olynyk will join a frontcourt that needed a little depth, given Willie Reed‘s free agency. Veteran power forward James Johnson also reached the open market over the weekend, but Olynyk’s deal won’t preclude a new agreement with Johnson, according to Ira Winderman of The South Florida Sun Sentinel, who tweets that the team still intends to get something done with the unrestricted free agent.

Having now reached eight-figure deals with Olynyk and Dion Waiters, the Heat only have about $6MM in cap room left over, but could open up another $6MM+ by waiving Wayne Ellington‘s non-guaranteed contract and another $4MM or so by stretching Josh McRoberts‘ deal.

Tim MacMahon of ESPN.com reports (via Twitter) that the Mavericks and Heat have had discussions about a trade that would create more space for Miami, so it’s possible that Dallas is willing to take on McRoberts — Tyler Johnson would be the other logical trade candidate on the roster.

Photo courtesy of USA Today Sports Images.

Eastern Rumors: Ellington, Haslem, Smart, Hawks

July 6th, 2017 at 8:20am CST by Luke Adams

The belief among Heat players is that Wayne Ellington will be back with the team next season, tweets Tim Reynolds of The Associated Press. Ellington is a candidate to be released within the next 48 hours or so, since his $6.27MM salary for 2017/18 – currently non-guaranteed – will become fully guaranteed if he remains under contract.

Even if the Heat ultimately decide that they need to waive Ellington to create some extra cap room for another move, that doesn’t necessarily rule out his return — the team could eventually re-sign him to a deal worth the $4.3MM room exception, if he’s open to accepting a pay cut.

Here’s more from around the Eastern Conference:

Reynolds provides another Heat-related tidbit, tweeting that Udonis Haslem is on the Cavaliers‘ radar. Haslem, who has spent his entire career in Miami, wants to stay with the Heat, and that looks like the most probable outcome. But a conversation between Haslem and the Cavs is likely, per Reynolds.
On Wednesday, an ESPN report indicated that the Celtics had called the Knicks about Marcus Smart, but New York’s level of interest in Smart was unclear. Following up on that story, Marc Berman of The New York Post reports that the Knicks do indeed have interest in Smart and are considering trade options as a way of filling part or all of their remaining cap space.
Italian forward Nicolo Melli received a contract offer from the Hawks, according to international basketball journalist David Pick (Twitter link). However, Pick reports that Melli has turned down that offer and will sign a multiyear pact with Fenerbahce in Turkey. Per Sportando (Twitter link), Melli’s new deal isn’t done yet, but will be within a few days.
The Raptors are the latest team to line up a deal to add a sponsored patch to their jersey, according to TSN’s Rick Westhead, who reports that Toronto has signed a three-year agreement with insurance company Sun Life Financial. The deal will pay Raptors ownership more than $5MM annually, sources tell Westhead. The list of NBA clubs that have agreed to jersey sponsorship deals can be found here.

Heat Notes: Leaf, Collins, Reed, Aldridge

June 22nd, 2017 at 4:21pm CST by Arthur Hill

The Heat will be looking for size with the 14th pick, especially if Luke Kennard and Donovan Mitchell are both off the board, according to Barry Jackson of The Miami Herald. T.J. Leaf, who proved to be an effective outside shooter at UCLA, is a possibility, along with Gonzaga’s Zach Collins, who can also hit from 3-point range. Miami would like to find a stretch four to team with Hassan Whiteside, a traditional low-post center.

If Collins is off the board, Jackson says the Heat will look at Jarrett Allen of Texas and Justin Patton of Creighton. Both are 6’11” and are targeted for the back of the lottery or possibly later. A minor injury prevented Allen from working out for Miami, but he held an interview Sunday and reportedly impressed team officials. Patton did participate in a workout for the Heat on Sunday.

Jackson offers more insight into Miami’s strategy for tonight and beyond:

Drafting a backup center would protect the Heat in case Willie Reed leaves in free agency. The front office fears that Reed will get an offer significantly higher than the team is willing to pay.
Leaf could be a replacement for either Luke Babbitt or James Johnson, two forwards who are both headed for free agency.
Another big man to consider is John Collins of Wake Forest, who impressed the Heat in a workout last week. Miami will also look at Duke’s Harry Giles, but might be scared off by his history of knee problems. Giles canceled a workout in Miami and never rescheduled.
If the Heat decide to trade down, they will focus on UCLA center Ike Anigbogu and Kentucky power forward Bam Adebayo.
Miami is a possible destination if LaMarcus Aldridge wants out of San Antonio. The Spurs are seeking a top 10 draft pick and would like to cut salary to make a run at Chris Paul. Jackson says Miami could offer a competitive package of the 14th pick, Wayne Ellington, whose $6.27MM contract won’t be guaranteed until July 12th, Justise Winslow and Josh McRoberts.

Heat Notes: Ellington, Carmelo, Gay, Draft

May 9th, 2017 at 8:56am CST by Luke Adams

While a few of his Heat teammates – including Dion Waiters and Josh McRoberts – hold player options for the coming season, Wayne Ellington doesn’t have the same sort of control over his future with the team. Ellington’s $6.27MM salary for 2017/18 is non-guaranteed, so he’ll have to count on Miami keeping him on its roster. And as he tells Tom D’Angelo of The Palm Beach Post, Ellington is hoping to stick around.

“This is the place that I want to be,” Ellington said. “This is the place that feels like home to me; that feels really good to me. I feel like the things that we accomplished on the court show that. So we’ll see what happens, man, but I have a good feeling.”

Ellington scored a career-high 10.5 PPG off the bench for the Heat this season, making 2.4 three-pointers per game at a 37.8% rate. As D’Angelo notes, the club would like to clear as much cap room as it can this summer to pursue outside help and retain its own free agents, but Ellington looks like a solid bargain at $6MM+, so it would be a surprise to see him go anywhere.

Here’s more from out of Miami:

One person in touch with the Heat tells Barry Jackson of The Miami Herald that he doesn’t expect the Heat to pursue Carmelo Anthony as a trade target this offseason. As Jackson explains, Anthony’s onerous salary and trade kicker make him an unappealing option for the club.
Rudy Gay may be a more realistic target for the Heat, according to Ira Winderman of The South Florida Sun Sentinel. However, Winderman doesn’t think Miami would be in on Gay if he’s hoping to match or exceed the $14MM+ salary he’s turning down for 2017/18. Miami’s plans for Justise Winslow and the club’s ability to bring back James Johnson would also be complicating factors.
Since the Heat often trade first-round picks and rarely finish in the lottery, the team’s scouting department doesn’t have many chances to target top prospects in the draft. So with an opportunity to pick in the lottery this season, Miami can’t afford to swing and miss, Winderman writes in a separate Sun Sentinel piece. “We probably don’t draft a guy who’s really a project and feel like he’s two or three years away,” said Chet Kammerer, the Heat’s VP of player personnel. “We are not going to gamble quite as much as some other organization because they have two picks in the first round every year. So they look at it a little bit different.”

Heat Notes: J. Johnson, Waiters, Cap Space, Whiteside

April 23rd, 2017 at 10:15am CST by Arthur Hill

Using their cap space to keep their own free agents is a better option for the Heat than chasing Gordon Hayward or Blake Griffin, argues Ira Winderman of The Sun Sentinel. Miami will have about $37MM to spend this summer if it declines a $6.3MM option on Wayne Ellington. Issuing a max contract of more than $30MM would severely cut into that total and make it impossible for the team to re-sign James Johnson and Dion Waiters. The Heat may try to trade Josh McRoberts, who is expected to exercise a player option worth a little more than $6MM, but Winderman doesn’t expect them to find any takers. He recommends using that $37MM to keep Johnson, Waiters, Ellington and Willie Reed.

There’s more news out of Miami:

The Heat’s decisions this summer will shape their roster for the next few years, Winderman writes in a separate piece. If Johnson and Waiters both sign three- or four-year deals, they will join Hassan Whiteside, Goran Dragic and Tyler Johnson, who are all under contract through 2019/20. Those three already take up $62.7MM of Miami’s cap room for 2018/19, when the cap is projected at $102MM. Even assuming team-friendly contracts for James Johnson and Waiters at a combined $28MM, the Heat would be at $90.7MM, without considering $5.2MM cap holds for Justise Winslow and Josh Richardson. Miami’s front office will have to decide soon if that core is worth locking up the salary cap for the next three seasons.
Despite recent comments from team president Pat Riley expressing loyalty to his players, the Heat would be willing to trade anyone on the roster, Winderman states in another column. The writer adds that Riley handled his press conference much better than Knicks president Phil Jackson did, but notes that if Dwyane Wade was allowed to leave last summer, then anyone is expendable.
After giving Whiteside a four-year, $98MM deal a year ago, the Heat want him to become a better low-post scorer, Winderman relays in another story. Whiteside continues to be among the league’s best rebounders and shot blockers, but the organization wants him to expand his offensive game and become a “championship” center. “Once you feed him that, he may be able to go there,” Riley said, “but you have to put him in that position. I think he has the ability to put up bigger numbers.”

Heat Notes: Spoelstra, Johnson, Winslow

April 17th, 2017 at 4:42pm CST by ChrisCrouse

Heat players recently cleaned out their lockers, having failed to make the playoffs, and many of them will have an opportunity to go elsewhere this summer. James Johnson, Udonis Haslem, and Luke Babbitt will be free agents. Willie Reed, Josh McRoberts, and Dion Waiters all hold player options and Wayne Ellington could join the free agent market if the franchise declines his $6.27MM team option.

Coach Erik Spoelstra wants his players to feel comfortable returning to Miami, as Ira Winderman of the Sun Sentinel writes. “This is clean-up day, not clean-out day,” the coach said.

Spoelstra added that his goal is to move forward with the team’s current group and compete for a championship. “Our organization is not going to change. We’re hard-wired to play and compete for championships,” he said. “Hopefully this is dot-dot-dot continued and we can build on this.”

Here’s more from Miami:

The Heat are thrilled with Hassan Whiteside‘s growth this season, as Winderman relays in the same piece. “I think his growth has been staggering,” Spoelstra said of the big man. “You can define it how you want. He can become one of the greats.” Whiteside signed a four-year, $98.4MM contract with Miami last offseason.
Johnson may consider taking a discount to stay with the Heat if it means keeping this year’s group together, Winderman passes along (Twitter links). “I’m home. That’s what it feels like. I love it here,” Johnson said of Miami.
Justise Winslow is recovering from shoulder surgery and is “way ahead of schedule,” according to Spoelstra, as Winderman relays via Twitter.
Prior to the injury, the Heat strongly believed Winslow would become a quality starter due to the work he put in last summer to improve his shooting, Barry Jackson of the Miami Herald writes. Winslow admits that being sidelined hindered his ability to get comfortable with his new shooting mechanics, but added that he’ll continue to work on that part of his game.
Spoelstra feels Winslow would have helped Miami this season because of his efficient play, as Jackson passes along in the same piece. “He can generate threes for you offensively because he puts a lot of pressure in the paint, off the dribble, in transition. He’s an aggressive, bruising, physical type of player and he sees the floor. That helps create your three-point game,” the coach said.
In his latest mailbag, Winderman explains why it’ll be hard for the Heat to add a major free agent, such as Paul Millsap, and bring back the core of this year’s squad. The team can feasibly carve out approximately $37MM in cap space this summer and that may not be enough for Miami to add a max player in addition to own free agents.

Heat Notes: Free Agents, Waiters, Wade, T. Johnson

March 19th, 2017 at 9:59am CST by Arthur Hill

The surprising Heat may be able to keep this year’s team together and still have cap room to be players on the free agent market, writes Barry Jackson of The Miami Herald. With team president Pat Riley saying at the All-Star break that he would use the rest of the season to evaluate which players will be kept, Jackson assesses the situation for several impending free agents:

James Johnson should get at least $10MM annually after his best NBA season, and possibly a contract similar to Evan Turner‘s at $70MM over four years. Johnson loves the team and the city, and the organization wants to bring him back.
Dion Waiters is also enjoying a breakthrough season and wants to sign a long-term deal with the Heat. But if Dwyane Wade stays in Chicago, there will be little competition at the shooting guard position in free agency and Waiters could get an offer of $14MM per year or more.
Wayne Ellington‘s $6.3MM deal for next season doesn’t need to be guaranteed until July 7th, the first day after the moratorium is lifted. The Heat will know where they stand with free agents before making that decision.
Willie Reed can opt out of hiss $1.5MM deal, and Miami may need to use part or all of its $4.3MM room exception to keep him.
The Heat have Bird rights on Luke Babbitt, so if he re-signs he will only count $1.47MM against the cap regardless of his salary.

If Chris Bosh is cleared off the cap as expected, Miami will have about $41MM in available space, with three small cap holds. If the Heat elect to keep Ellington and Babbitt, while using the room exception for Reed, that figure will be closer to $33MM. Jackson expects Riley to use that money to chase top-level free agents before committing to any of his current players.

There’s more today out of Miami:

The Heat aren’t sure when Waiters will return from a sprained ankle he suffered Friday, Jackson writes in a separate story. Waiters was on crutches after the game and has been ruled out for today’s contest with Portland. Coach Erik Spoelstra said it’s too early to talk about when Waiters might play again. “He’s young. He heals fast,” Spoelstra said. “He healed very fast from the last one and he rolled that one all the way over. There’s no way to really tell until we get through this process. We’ll see how he feels after this weekend.”
Wade is turning aside questions about free agency, but Ira Winderman of the Sun-Sentinel envisions a scenario where the veteran guard could return to Miami next season. If Wade opts out of his $23.8MM deal, Miami could create additional cap room by trading Tyler Johnson, possibly to the Nets, who made the four-year, $50MM offer that the Heat elected to match.

Southeast Notes: Schroder, Ellington, Oubre Jr.

March 7th, 2017 at 4:57pm CST by Austin Kent

A mid-game argument resulting in an ugly defensive breakdown has some questioning the team harmony in the Hawks‘ lockerroom. In addition to a spat with Dwight Howard, 23-year-old point guard Dennis Schroder is said to have engaged with head coach Mike Budenholzer too, Chris Vivlamore of the Atlanta Journal-Constitution writes.

While Schroder and Howard were caught on camera arguing about a Howard turnover the previous possession, Stephen Curry wasted no time calling for the inbound pass and draining a three. The basket put the Warriors in front and they would go on to win the game. Shortly after the incident, Schroder – who at that point had led the Hawks in scoring with 23 points – was benched by Budenholzer for the remainder of the contest.

“We need to learn to play together and stay together for 48 minutes,” Budenholzer said of his Hawks. “That is something that is important to us.”

Vivlamore reminds readers that this isn’t the first time the Hawks have punished Schroder. When the guard returned to Atlanta late after the All-Star Break, he was suspended for one game. In that situation, Schroder cited passport complications as the reason for his delay.

Worth noting, Schroder has posted a photo of himself and Howard on Instagram and Twitter, a likely attempt to bury the hatchet, publicly at least.

There’s more out of the Southeast Division:

The Heat have several options for dealing with Wayne Ellington‘s contract this summer, Ira Winderman of the Sun Sentinel writes. The guard has emerged as an elite source of production beyond the arc and may command significant amount more on the open market than if the franchise were to just pick up his $6.3MM option for 2017/18.
As the Wizards adjust their rotation to accommodate for the arrivals of Brandon Jennings and Bojan Bogdanovic, one guard on the losing end of it all has been Kelly Oubre Jr. Oubre Jr. played just six minutes in the team’s Sunday win, Candace Buckner of the Washington Post writes.
Though he isn’t even on the Heat roster anymore, Cavaliers forward Derrick Williams has nothing but good things to say about Pat Riley, Barry Jackson of the Miami Herald reports. “The way things were going at that time, it was mutually agreed,” Williams said. “That was the best thing. We were both on the same page. It was a mutual parting. Everything [Riley] told me was the truth. I don’t think we have enough of that around here [in the NBA].”
The Magic will have their depth tested this week, John Denton of the team’s official website writes. A recent injury to Nikola Vucevic has forced Stephen Zimmerman to serve as the primary backup to Bismack Biyombo.

And-Ones: Young, Heat, Mirotic

February 23rd, 2017 at 12:00am CST by ChrisCrouse

The Lakers are looking to trade Nick Young with an eye on acquiring a second-round pick, Marc Stein of ESPN.com tweets. Young is making slightly over $5.44MM this season and his contract contains a player option worth nearly $5.67MM for the 2017/18 campaign. He’s had a solid year so far in Los Angeles, averaging 13.8 points per game while shooting 41.3% from behind the arc, a figure which is the highest of his career.

Here’s more from around the league:

The Heat are shopping Wayne Ellington and Josh McRoberts, according to Chris Mannix of The Vertical (Twitter link). Mannix notes that the team would like to get out of the veterans’ contracts. After this season, Ellington has only one year at $6.27MM (non-guaranteed) remaining on his contract, while McRoberts has a player option worth slightly over $6MM remaining on his deal.
Earlier today, we learned that the Bulls have attempted to send Nikola Mirotic to the Sixers in a Jahlil Okafor deal. K.C. Johnson of the Chicago Tribune notes that the team has also floated Mirotic in talks with the Clippers.
David Stockton, who recently played in New Zealand’s National Basketball League, will return to the D-League and play for the Reno Bighorns, according to Chris Reichert of The Step Back (Twitter link).

Heat Notes: Weber, Spoelstra, Waiters, Ellington

February 5th, 2017 at 12:26pm CST by Arthur Hill

Briante Weber said he chose to sign with the Warriors instead of the Heat because he wanted a new challenge, relays Manny Navarro of The Miami Herald. Weber played one game for Miami after signing in April. He was waived in October and has spent this season with the Heat’s D-League affiliate in Sioux Falls. The 24-year-old point guard turned down offers of 10-day contracts from Miami and Charlotte to choose Golden State. “So I just felt like I’ve been with Miami and they haven’t picked me up by now,” Weber said, “then why continue to go down the same road? I figured I should pick something new and actually a team with a spot. They actually let somebody go to fill me in. That says a lot about the organization and about how they feel about me being potentially being here for longer than just 10 days. So I kind of picked a spot that was going to give me the best opportunity to expose myself and put myself on the radar where everybody else can see.”

There’s more news out of Miami:

Weber received good luck wishes from Heat coach Erik Spoelstra, according to the Associated Press. Spoelstra said he appreciates how Weber, who averaged 16.5 points, 7.5 rebounds, 7.4 assists and 3.3 steals at Sioux Falls, proved he deserves a shot at the NBA. “He’s put in the time,” Spoelstra said. “He hasn’t skipped a step. He approached every part of this as an opportunity to get better and everybody’s journey is different to get into this league. He’s a bona fide NBA player.”
Dion Waiters, who has enjoyed a career renaissance in Miami, attributed his success to Spoelstra’s ‘tough love.’ “It’s good bumping heads. It’s not anything bad. It’s like, `I’m challenging you. You can do more. Don’t settle for that,’” Waiters told Tom D’Angelo of the Palm Beach Post. “I had coach [Jim] Boeheim. It was tough love at the end of the day. They see so much in me that he’s challenging me. I look at it as a challenge. He’s been doing a tremendous job keeping me motivated.” Now in his fifth NBA season, Waiters has been sublime of late; averaging 23.3 points on 52.2% shooting over his last eight games.
Now riding a 10-game winning streak, the Heat have adopted a “don’t believe the hype” mantra. As Anthony Chiang of the Palm Beach Post points out, Miami’s improbable streak includes wins over quality opposition- particularly the Warriors, Rockets, and Hawks. “We know where we’ve been at and where we want to be at, so we’re not satisfied,” Heat guard Wayne Ellington said. “Coach keeps telling us. But at the same time, he doesn’t really need to. We’re hungry, man. We know where we were at. Obviously it feels good to get some wins. But at the same time, we understand that we’ve got a ways to go to be where we want to be at.”