Potential Mavs, Heat Trade Hits Snag

11:59pm: Tim Cato of The Athletic confirms (via Twitter) that the deal is off from the Mavs’ perspective. It’s up to the Heat to salvage the deal, possibly with another team, Cato adds.

As detailed below, Miami’s acquisition of Butler is dependent on the team being able to send salary to a third team, so it’s hard to imagine the Heat not figuring it out with some team, but they’re losing leverage and don’t have a ton of assets left to sweeten the deal.

10:21pm: There’s a “glitch” in the agreement between the Mavericks and Heat, according to Jared Weiss of The Athletic, who tweets that Miami is reluctant to part with Jones and Dallas is telling people that the deal is off.

The Mavericks maintain that they thought they were getting Olynyk and Jones in the deal, but the Heat don’t want to give up Jones and say they must part with Dragic to make the math work, tweets Stein. As noted below, the Heat would have to send out at least one more player to an Olynyk/Jones package to make the trade work financially.

There’s an expectation that the deal is far enough down the road that things will get ironed out, says Weiss. The Heat’s acquisition of Butler hinges on sending out other salaries, so Miami will be very motivated to get it done. However, as Nahmad points out (via Twitter), it will be tricky for the Heat to stay under the tax apron without moving bigger salaries.

10:01pm: The Mavericks and Heat have changed the framework on their part of the sign-and-trade deal that will send Butler to Miami, according to Marc Stein of The New York Times (Twitter links). Rather than acquiring Dragic, Dallas will land Kelly Olynyk and Derrick Jones, Stein reports.

According to Stein, the Mavs are “huge fans” of Dragic, but didn’t want to surrender flexibility to make additional moves by acquiring his contract.

“In analyzing it, his salary was too high based on other things they’re trying to do,” Dragic’s agent Bill Duffy tells Ramona Shelburne of ESPN.com (Twitter link).

Due to the change, the Heat aren’t quite sending out enough salary to make the deal work, so another outgoing piece will be required, tweets cap expert Albert Nahmad.

8:42pm: Goran Dragic will become part of the Jimmy Butler sign-and-trade deal with the Heat sending the point guard to the Mavericks, Ira Winderman of the Sun Sentinel tweets. No major compensation will head from Dallas to Miami, as Brad Townsend of the Dallas Morning News tweets. The Mavs will technically have to send something out and it will likely be cash or a heavily-protected first-round pick.

Miami is sending Josh Richardson to the Sixers in exchange for Butler, who will ink a four-year max deal with a starting salary of approximately $32.7MM. The Heat needed to send out additional salary as part of the agreement to make up for the gap between Richardson’s salary ($10.1MM) and Butler’s new starting salary.

The move to send Dragic to the Mavs had been speculated throughout the day with salary cap guru Albert Nahmad (Twitter link) among those reading the tea leaves. Dragic will join Rookie-of-the-Year award winner Luka Doncic in Dallas’ backcourt.

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37 thoughts on “Potential Mavs, Heat Trade Hits Snag

  1. Mavs are stepping up !! Great move, but where does this leave Miami? One big contract and nobody else? Whiteside and Butler?

  2. Wonder what Dallas is sending out to which team? L0oks good for Dallas to pair him with Luka.

  3. CursedRangers

    Mavs taking on his $19M in salary. Curious to see what else Dallas is obtaining. Eats up a massive part of the cap space they had.

  4. SocraticGadfly

    I like it overall. Just one year left on Dragic contract; they can make a long term decision about his future then and … et a look for right now.

  5. tealmarlin

    A year ago we could have gotten more for Richardson. a year later we let him go for nothing and a max deal.

      • tealmarlin

        Who is not worth a Max deal, and we could have stayed with Richardson, the kid has potential.

  6. Oh this is awful. Olynik is just another dwight powell and maxi klebier. If were getting another cemter, it needs to be like a tough guy like a Robin lopez type player

    • Natergater77

      Funny fact. Olynik was originally drafted by the Mavs and had his rights traded to Boston on draft night.

  7. I wouldnt have mind taking both gragic and whiteside… both on expiring contracts. Olynik has another year on contract

    • SocraticGadfly

      Yeah, but his contract this year is $8M less than Dragic’s. And the player option is only a few bucks more.

    • Exactly. Who else are they hoping to get with the money saved by not taking dragic?

      • whoneedsfacts

        Hardly anyone good left that would consider them. How is Jones the hold up, just take Dragic and try to have a good season dang.

  8. SocraticGadfly

    If the Heat really want this to happen? Seems like if they force Dallas to take Dragic and pull back Jones (who the Mavs may be overrating, but he’s cheap) they’ll either throw in something else or else take a crap contract back from Dallas but one within the cap.

  9. clubberlang

    Free Agency and the trade Deadlines are better than the regular season loll.

  10. hiflew

    So is this whole deal in jeopardy because the Heat want to keep Derrick Jones Jr.? That seems stupid to put it mildly.

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