Heat Waive A.J. Hammons
4:10pm: The Heat have officially waived Hammons, according to a team release.
3:20pm: The Heat will waive center A.J. Hammons in order to clear a roster spot to complete their acquisition of Dwyane Wade, tweets Ira Winderman of The South Florida Sun Sentinel.
[RELATED: Heat to acquire Dwyane Wade from Cavaliers]
Hammons’ roster spot has been in jeopardy for much of his time with the Heat, ever since he was included in last offseason’s Josh McRoberts trade with the Mavericks for salary purposes. While the 25-year-old lasted over half the season on Miami’s roster, he didn’t appear in a single regular season game for the team. In 2016/17, Hammons averaged 2.2 PPG and 1.6 RPG in 22 games (7.4 MPG) for Dallas.
Hammons’ $1,312,611 salary for 2017/18 will remain on the Heat’s cap, assuming he goes unclaimed on waivers. Miami will also be on the hook for the big man’s $1,544,951 salary for 2018/19, though the Heat could spread that cap hit across three seasons if they want to.
Hawks Trade Luke Babbitt To Heat For Okaro White
1:31pm: The trade is now official, according to a press release from the Heat. Atlanta intends to waive White, according to Michael Cunningham of The Atlanta Journal-Constitution (Twitter link).
11:15am: The Hawks will trade veteran forward Luke Babbitt to the Heat for Okaro White, tweets Marc Stein of The New York Times.
This will be a return to Miami for Babbitt, who spent the 2016/17 season there. He signed a one-year, veterans’ minimum contract with the Hawks this summer and is averaging 6.1 points and 2.2 rebounds in 37 games.
White is in his second season with the Heat, but has appeared in just six games, spending most of the year in the G League. He also has a minimum deal, so salary matching won’t be a problem.
A larger trade could be in the works as Miami continues to talk with Atlanta about Marco Belinelli, tweets Barry Jackson of The Miami Herald. Belinelli would give the Heat another wing shooter after losing Dion Waiters for the season.
Heat Exploring Deals For Wing Help
The Heat are exploring the trade market for help on the wing, and they’re among the teams that have expressed interest in Hawks swingman Marco Belinelli, according to Barry Jackson of The Miami Herald. While Miami has interest in Belinelli, he’s one of several wings that the team has done due diligence on, Jackson notes.
Here’s more on the Heat, as they consider their trade options:
- Although the Heat want to add a wing player, they’re not desperate to make a deal before Thursday’s trade deadline, according to Jackson, who says he’d be surprised if the team parts with Justise Winslow for a rental.
- Despite having signed Joe Johnson when he was bought out by Brooklyn two years ago, the Heat wouldn’t be the favorites to land the veteran forward if he’s waived by the Jazz this month, says Jackson.
- The Heat were identified this week as a team that has expressed interest in DeMarre Carroll, prompting Jackson to explore whether Miami might be interested in trading Winslow and Tyler Johnson to the Nets in exchange for Carroll. It’s an interesting idea, since the Nets originally signed Johnson to his current contract, which will get much more expensive in 2018/19. Such a deal would allow the Heat to save some long-term money and would net Brooklyn another former lottery pick. However, Brian Lewis of The New York Post says the Nets have no plans to make that swap.
Forbes Releases 2018 NBA Franchise Valuations
The Knicks are still reeling from Tuesday’s news that Kristaps Porzingis has suffered a torn ACL and will be sidelined for the rest of the season. While Porzingis’ injury essentially eliminates the Knicks from the playoff race in the East, team ownership can at least find some solace in the fact that the organization remains the highest-valued franchise in the NBA, according to a report from Kurt Badenhausen of Forbes.
For the first time, all 30 NBA teams have a perceived worth of $1 billion or more, per Forbes’ annual report. In 2017, 18 teams had a valuation exceeding $1 billion, which was up from 13 teams in 2016 and just three teams in 2015.
The league-wide average of $1.65 billion per team is also a record, with franchise valuations up 22% in total over last year’s figures. NBA franchise values have tripled over the last five years, according to Badenhausen.
Here’s the full list of NBA franchise valuations, per Forbes:
- New York Knicks: $3.6 billion
- Los Angeles Lakers: $3.3 billion
- Golden State Warriors: $3.1 billion
- Chicago Bulls: $2.6 billion
- Boston Celtics: $2.5 billion
- Brooklyn Nets: $2.3 billion
- Houston Rockets: $2.2 billion
- Los Angeles Clippers: $2.15 billion
- Dallas Mavericks: $1.9 billion
- Miami Heat: $1.7 billion
- San Antonio Spurs: $1.55 billion
- Toronto Raptors: $1.4 billion
- Sacramento Kings: $1.375 billion
- Washington Wizards: $1.35 billion
- Cleveland Cavaliers: $1.325 billion
- Portland Trail Blazers: $1.3 billion
- Phoenix Suns: $1.28 billion
- Oklahoma City Thunder: $1.25 billion
- Orlando Magic: $1.225 billion
- Utah Jazz: $1.2 billion
- Philadelphia 76ers: $1.18 billion
- Indiana Pacers: $1.175 billion
- Atlanta Hawks: $1.15 billion
- Denver Nuggets: $1.125 billion
- Detroit Pistons: $1.1 billion
- Milwaukee Bucks: $1.075 billion
- Minnesota Timberwolves: $1.06 billion
- Charlotte Hornets: $1.05 billion
- Memphis Grizzlies: $1.025 billion
- New Orleans Pelicans: $1 billion
For comparison’s sake, Forbes’ 2017 valuations can be found right here.
Celtics, Nuggets, Sixers, Heat Remain In Mix For Evans
The Celtics, Nuggets, and Sixers appear to be the current frontrunners to acquire Tyreke Evans from the Grizzlies, reports Adrian Wojnarowski of ESPN (Twitter link). According to Wojnarowski, the Heat have also remained engaged on Evans.
Evans, 28, has been enjoying one of the best years of his NBA career in Memphis this season, averaging 19.5 PPG, 5.0 APG, and 5.0 RPG with a .458/.392/.799 shooting line so far. Based on his terrific production, the Grizzlies are said to be seeking a first-round pick in any deal and are currently holding Evans out of their lineup as they consider their options.
It makes sense that the Celtics, Nuggets, and Sixers would have a leg up on Miami in the pursuit of Evans, since the earliest first-rounder the Heat can trade is their 2023 pick. Denver still has all of its future first-round picks, while Boston and Philadelphia are owed at least one extra first-rounder in addition to holding all of their own. If the Heat want to make a play for Evans, their offer would likely have to include former lottery selection Justise Winslow.
While it remains to be seen what sort of package each team is willing to offer for Evans, Marc Stein of The New York Times (Twitter link) hears that the Celtics’ reported hunt for a first-round pick in exchange for Marcus Smart is related to their interest in Evans and Lou Williams. Landing a first-rounder for Smart would allow the C’s to flip that pick – or their own first-rounder – to Memphis for Evans or to the Clippers for Williams, Stein notes.
For now though, the Celtics remain reluctant to include a first-round pick in an offer for a player on an expiring contract, preferring to save those selections for a “more seismic” deal, according to Adam Himmelsbach of The Boston Globe, who classifies Boston’s interest in Williams as “lukewarm.”
Lowe’s Latest: Cavs, Jordan, Magic, Nuggets, Sixers
On Monday, we rounded up some of the highlights from a Lowe Post podcast featuring ESPN’s Zach Lowe and Adrian Wojnarowski. Late last night, Lowe published an extensive look at the trade market at ESPN.com, following up on some of the scuttlebutt he shared in that podcast. While there are a few repeated items with Lowe’s piece, he also has plenty of new notes for us as Thursday’s trade deadline approaches. Let’s dive in…
- Lowe views Marc Gasol as a target that would make sense for the Cavaliers if they’re willing to trade the Nets’ 2018 first-rounder. However, he notes that the Grizzlies seem satisfied to stand pat, and the two teams haven’t discussed Gasol. Rival executives also say that the Cavs continue to act as if they won’t trade the Brooklyn pick.
- Outside of the teams already known to have expressed interest in DeAndre Jordan – such as the Rockets, Bucks, and Trail Blazers – the Wizards are another club that has looked into the Clippers center, says Lowe. However, despite investigating the market for Jordan, Washington hasn’t gained any momentum toward a deal.
- Every Magic player except for Aaron Gordon and Jonathan Isaac is “readily available,” sources tell Lowe. Most people around the league think that Elfrid Payton will be playing somewhere besides Orlando next season, Lowe adds.
- As Lowe observes, Nuggets may not be able to afford Will Barton‘s next contract, but the team appears okay with holding onto him through the deadline and risking losing him for nothing this summer. Denver also remains on the lookout for point guards, having kicked the tires on Pacers backup Cory Joseph, per Lowe. However, potential targets like Joseph and Garrett Temple may not be viable due to the guaranteed 2018/19 money on their contracts.
- The Sixers are approaching the trade deadline as buyers, but no longer have as many extra first-round draft picks as they’ve had in recent years, so they may only willing to dangle second-rounders, says Lowe.
- According to Lowe, the Timberwolves have been very cautious about discussing the 2018 first-rounder they’ll get from the Thunder, since they recognize they’ll need cheap players to fill out the roster as Andrew Wiggins and Karl-Anthony Towns get very expensive.
- The Warriors remain on the lookout for bench help — they inquired on Avery Bradley, but got nowhere, league sources tell Lowe.
- The Heat don’t appear to have traction on any major deals, according to Lowe.
Results Of Bam Adebayo's Commitment To Film Showing
- First-year big man Bam Adebayo has committed to studying game tape and his improvement on the defensive end reflects that, Shandel Richardson of The Sun Sentinel writes. “Bam, for such a young player, is becoming a technician with his discipline and technique and studying players,” Heat coach Erik Spoelstra said. “He’ll definitely be able to build on that.”
Southeast Notes: Wade, Zeller, Wilkins, Magic
Dwyane Wade spent his first 13 seasons as a member of the Heat and he wants to finish his career with the organization. Ira Winderman of the Sun-Sentinel writes that Wade, who is currently with the Cavaliers, wants to find a way back to South Beach before retirement.
“I have thought about it, of course. I wouldn’t lie and say I haven’t,” Wade said to Winderman of possibly rejoining the Heat. “When that opportunity comes, that day comes, hopefully, I can go out in a Miami Heat jersey. I don’t know how it will be, but I would love it.”
Wade, who recently turned 36, is enjoying a solid season off the bench for Cleveland, averaging 11.2 PPG, 4.0 RPG, and 3.7 APG in 44 games. The Heat are in the midst of a strong season, sitting in fifth place in the Eastern Conference with a 29-23 record. Wade said he has followed the team since his departure and is proud of how the team has meshed together to find success.
Ideally, Wade would finish his playing career with one final season in a Heat uniform. However, it is possible for Wade to sign a one-day ceremonial contract — similar to Paul Pierce with the Celtics — and officially retire as a member of the Heat.
Check out other news from the Southeast Division:
- Cody Zeller made his return on Friday after missing 21 games with torn left meniscus, providing a jolt for the Hornets. Brendan Marks of the Charlotte Observer writes that while it’s too early to tell how well Zeller has recovered, he could play a pivotal role as the Hornets make a playoff push.
- The Hornets’ G-League affiliate Greensboro Swarm announced that 10-year NBA veteran Damien Wilkins has joined the team. Wilkins started the year with the Pacers and now returns to the Swarm, a team he appeared in 48 games with last season.
- Magic general manager John Hammond does not characterize the 15-35 as sellers but acknowledged any moves Orlando makes at the deadline are with the future in mind, John Robbins of the Orlando Sentinel writes.
Heat Not Likely Serious About Trading Hassan Whiteside
The Heat have been aggressive on the trade market, but don’t expect them to deal Hassan Whiteside without a significant haul coming back in return, Sean Deveney of The Sporting News writes. The franchise knows all too well how much of a role the 28-year-old has played in the team’s emergence as a defensive force.
- The Heat can never truly be ruled out when it comes to teams willing to make a bold trade, but president Pat Riley has been wise to let head coach Erik Spoelstra channel every thing he can out of their current roster, Dave Hyde of The Sun Sentinel writes.
Scotto’s Latest: Pelicans, Gordon, Carroll, Nuggets
Before sending Omer Asik to Chicago, the Pelicans explored trading the veteran center to a number of other teams, according to Michael Scotto of The Athletic. League sources tells Scotto that the Hawks and Pelicans recently talked about a deal that would have sent Asik and a first-round pick to Atlanta in exchange for Marco Belinelli and Ersan Ilyasova.
The Mavericks discussed a deal that would have seen them take on both Asik and Alexis Ajinca – along with a first-round pick – in exchange for Wesley Matthews, but Dallas was hesitant to take on two undesirable multiyear contracts, says Scotto.
Additionally, the Pelicans proposed a pair of trades to the Lakers, according to Scotto, who reports that one would have sent Asik and a first-round pick to L.A. for Jordan Clarkson, while the other would have sent Ajinca and a second-round pick to the Lakers for Julius Randle. That second deal could technically still happen, but I can’t imagine it would appeal to the Lakers.
Scotto’s piece for The Athletic is jam-packed with more noteworthy trade rumors, so let’s dive in and round up some highlights…
- The Magic‘s front office has “left no stone unturned” as the team explores potential trades. Scotto hears that the club has even quietly gauged trade interest in Aaron Gordon, who will be a restricted free agent this summer. I imagine Orlando would require a pretty overwhelming offer to seriously consider moving Gordon.
- Several teams have expressed interest in Nets forward DeMarre Carroll, according to Scotto, who identifies the Heat as one of those teams.
- As we heard on Thursday, the Bulls are still very much open for business. Robin Lopez is a trade candidate, but Chicago wants a first-round pick in a deal for the veteran center, per Scotto.
- Scotto names Malik Beasley, Kenneth Faried, and Emmanuel Mudiay as trade candidates for the Nuggets, noting that the team could be a suitor for Jazz guard Rodney Hood.
- Hood isn’t the only Jazz guard who could be available at the deadline — Scotto hears that Utah has also explored the trade market for Ricky Rubio.
- Several teams are monitoring Pistons forward Stanley Johnson. Scotto notes that Johnson was one player the Magic coveted when they discussed deals with Detroit earlier in the season, and adds that the Spurs have interest too.
- Speaking of the Spurs, they’re one of the teams – as are the division-rival Mavericks – that has expressed interest in Knicks center Willy Hernangomez.
- The Wizards are keeping an eye on the trade market and buyout market for a backup point guard, writes Scotto.
- Fourth-year forward Noah Vonleh has been shopped by the Trail Blazers, according to Scotto. In addition to keeping tabs on DeAndre Jordan, Portland is also interested in acquiring a small forward.
- Executives around the NBA believe that Raptors swingman Norman Powell could be a trade candidate during the offseason due to the emergence of rookie OG Anunoby.