1:53pm: The Heat have officially signed Martin, the team announced in a press release.
Martin is known as a defense-oriented hustle player and holds career averages of 5.3 points and 2.5 rebounds in 16 MPG over two seasons with the Hornets.
Charlotte waived Martin last month before his salary for the 2021/22 season could become guaranteed. Charania notes that Caleb will now be competing against his twin brother Cody Martin in the same division — Cody remains a member of the Hornets.
Both of the Heat’s two-way contracts are now filled, after the team previously signed former Kansas guard Marcus Garrett. Once Martin’s deal is official, Miami will have a full 20-man preseason roster.