7:54pm: The Mavericks will use a trade exception to absorb McRoberts’ salary, tweets Eddie Sefko of The Dallas Morning News. Dallas has a $6.6MM+ TPE that would fit McRoberts’ $6MM+ salary. The use of that exception signals that the Mavs intend to function as an over-the-cap team for now.
Meanwhile, Charania’s full report on the proposed deal also notes that the Mavs will receive cash from the Heat.
7:12pm: The Heat are working to trade Josh McRoberts to the Mavericks as they look to clear salary, Adrian Wojnarowski of ESPN.com tweets. Shams Charania of The Vertical reports (Twitter links) that Dallas will send A.J. Hammons to Miami in exchange for the power forward.
The Mavericks will also receive a future second-round pick from Miami, Charania adds. The Heat have already traded their second-round picks in each of the next four seasons, meaning the earliest pick Miami could offer would be the 2022 selection.
By removing McRoberts’ salary, which is approximately $6.02MM for the 2017/18 campaign, the Heat should be able to fit in the already agreed upon deals for Dion Waiters and Kelly Olynyk as well as a new contract for James Johnson, something that the team is still working on. Moving the Duke product should also allow the team to keep Wayne Ellington on the roster.
The Heat also have interest in bringing back Luke Babbitt, and figure to keep his cap hold on their books so that they can retain his Bird rights.