5:15pm: The signing is official, the team announced.
3:10pm: The Heat and Shannon Brown have come to terms, according to the Priority Sports agency that represents the free agent shooting guard (Twitter link; hat tip to Jeff Zillgitt of USA Today). Sam Amick of USA Today hears it’s a one-year, $1.3MM deal (Twitter link), so that appears to be rounded down from the $1,310,286 minimum salary for a veteran of eight years, as Brown is. That stands to reason, since Miami is limited to handing out only the minimum.
A report from about a week ago indicated that finding a shooting guard was a priority for the Heat, though Brown wasn’t among the players linked to the team. The rumor mill surrounding the 28-year-old has been quiet since the Knicks waived him rather than guaranteeing his contract last month. It remains to be seen whether the Heat are including any sort of guarantee in their pact with the Mark Bartelstein client.
Brown, a former 25th overall pick, spent the first half of last season out of the league after the Wizards let him go following the Marcin Gortat trade that brought him from Phoenix, where he’d put up back-to-back career highs in minutes per game. The Spurs brought him in on a pair of 10-day contracts in February, and the Knicks later did the same before signing him to a deal that covered the rest of the season with a non-guaranteed 2014/15 salary tacked on.
The Heat had been carrying just 14 deals with any guaranteed money, as our roster counts show, so Brown appears to have a strong chance to remain with the team come opening night.