The move comes with minimal financial risk, as qualifying offers for players on two-way contracts are just $77K. Jones will now be a restricted free agent, and Miami will be able to match any offers he receives.
The rookie forward originally signed with the Suns last fall, but played just six games before being waived in December. He joined the Heat three weeks later and started eight games while the team was dealing with multiple injuries. Jones played 14 games in Miami, averaging 3.7 points and 2.4 rebounds per night.
The Heat will have to make a similar decision soon with guard Derrick Walton, their other two-way player, Winderman notes. They also must determine whether to pick up the guarantee on Rodney McGruder’s $1,544,951 contract for next season by June 29. They turned down their 2018/19 option on Jordan Mickey last month.