Heat Notes: Gallinari, Olynyk, Jones, Iguodala

For a few hours on Thursday, it looked as if the Heat would end up adding not just Andre Iguodala but Thunder forward Danilo Gallinari as well. However, Oklahoma City ultimately ended up not getting involved in the deal with Miami and Memphis that saw Iguodala, Jae Crowder, and Solomon Hill land with the Heat.

Like they did with Iguodala, the Heat were trying to complete an extend-and-trade deal for Gallinari, but the team’s desire to keep its 2021/22 cap sheet as clear as possible complicated those extensions talks. If the Heat had been willing to do an extension that was guaranteed through 2022, ESPN’s Zach Lowe believes they likely would’ve been able to acquire Gallinari without surrendering any of their key young players.

According to Lowe, talks between Miami and Oklahoma City focused on draft compensation. The Thunder already own the Heat’s top-14 protected 2023 first-round pick and wanted the protections lifted on that selection so that Miami could also trade its 2025 first-rounder to OKC.

As Barry Jackson of The Miami Herald explains (via Twitter), the Heat also probably could’ve acquired Gallinari without extending him, but they felt as if the risk of just renting the veteran forward for three months wouldn’t be worth the draft capital it would require.

Here’s more on the Heat:

  • There was a belief that Crowder and Hill would be re-routed to the Thunder along with draft picks if Gallinari was involved in that Heat/Grizzlies swap. However, that may not have been the only scenario in play — David Aldridge of The Athletic hears from sources that Miami was also willing to discuss Kelly Olynyk and Derrick Jones in potential trades.
  • Jeff Siegel of Early Bird Rights provides some new info on Iguodala’s extension with the Heat, tweeting that the two-year, $30MM deal – which is worth a flat $15MM per year with a team option on year two – features a 7.5% trade kicker. If he’s dealt, that bonus would only apply to Iguodala’s non-option year, unless the option is exercised before the trade.
  • The Heat have newfound flexibility for the summer of 2020 after moving James Johnson and Dion Waiters. Barry Jackson of The Miami Herald explores possible paths Miami could take during the offseason, while cap expert Albert Nahmad of HeatHoops.com takes a more in-depth look at the financial situation facing the team as it considers its options for the next two summers.
  • Count head coach Erik Spoelstra among those impressed with what president Pat Riley has done to revamp the Heat’s roster over the last year, as Jeff Zillgitt of USA Today details. “He’s one of the great visionaries of this Association, and it never ceases to amaze me how he continues to reinvent and think differently,” Spoelstra said of Riley. “That’s what visionaries do. They think way bigger and much differently than we do.”
View Comments (20)