11:28pm: The trade is now official, per an announcement from the Nuggets. The draft pick the Heat received in the trade is a 2022 second-rounder, according to a press release from Miami.
10:51pm: The Nuggets have reached an agreement to trade for No. 44 pick Bol Bol, reports Shams Charania of The Athletic (via Twitter). The Heat officially selected the Oregon center, but will send his draft right rights to Denver.
Miami will receive a future second-rounder and cash from Denver, Jeremy Woo of Sports Illustrated tweets.
The freshman big man, who only played nine games for the Ducks due to a foot injury, took the biggest slide in the draft. The son of former NBA center Manute Bol projected as a mid-first round selection and was one of 20 players invited to the Green Room.
Bol could miss a sizable chunk of next season, so the Nuggets are essentially bringing in another rehab project for the second straight draft. They acquired the rights to forward Michael Porter Jr. in the first round last summer and Porter sat out the entire season.