Heat Notes: Wood, Lillard, Shooters, Robinson

Christian Wood is one of the most prominent names left on the free agent market. Wood’s stats last year, 16.6 points and 7.3 rebounds per game, would typically lead to an offer in the opening days of free agency. But nearly a month and a half into the 2023/24 league year, Wood remains on the market, with little more than minimum contract offers available. However, according to Heavy’s Sean Deveney, Wood has options.

While Wood could accept a veteran’s minimum offer (worth approximately $2.7MM for a player with seven years of experience) from the Heat or the Lakers, it would be significantly less than what he made last year: $14.3MM. According to Deveney, Wood has hope that a higher offer than $2.7MM will emerge but, at the very least, he has that minimum contract to fall back on if that doesn’t pan out.

There is no reason for him to hurry, the roster spots are there and unless there is a chance the Lakers make a move to sign someone else, why not wait to see if something better becomes available?” a league executive told Heavy. “What if Miami makes the [Damian Lillard] trade and winds up with a little more [luxury-tax] space? They could make a better offer. Not a ton more, but it is not the minimum. That’s the wild card for [Wood].

According to Deveney, the Lakers are viewed around the league as the favorite to land Wood but there are multiple routes for Miami to create more cap flexibility in a potential Lillard move. If the Heat wind up sending out all of their trade-chip major salaries, Kyle Lowry, Duncan Robinson and Tyler Herro, they could create more space under the $182.5MM second tax apron to sign Wood at a salary slightly above the minimum.

Even if not all of those pieces are moved, there are ways for the Heat to create space to sign Wood to a deal around $5MM annually, according to Deveney. Deveney says that if a trade involving Herro, Robinson, Jaime Jaquez Jr. and Nikola Jovic occurs, the Heat could look to sign Wood to the aforementioned $5MM.

Wood’s summer seems to have two potential endings, as of now, according to Deveney. If a Lillard trade occurs and the Heat wish to sign Wood, he’s likely Miami-bound. If a Lillard trade doesn’t happen or the Heat wish to fill out the roster with only minimum contracts, Wood would likely head to the Lakers.

We have more from Miami:

  • While Miami is Lillard’s only reported preferred destination, it doesn’t automatically mean that he’s going to be sent there. Lillard could stay in place to open the season or he could be sent elsewhere entirely. Ira Winderman of the South Florida Sun Sentinel (subscription required) makes the case for the other 28 teams in the league to make a trade for Lillard. Winderman breaks the other 28 teams in the league into categories. He lists 16 teams as already having their point guard of the future, three as being on different timelines than Lillard and four lacking necessary trade assets, leaving five other realistic potential suitors. Winderman lists the Celtics, Nets, Pelicans, Sixers and Jazz as the teams who could realistically make a move for Lillard. However, I wouldn’t count out the Raptors from making a move for the seven-time All-Star.
  • Winderman, writing in a recent mailbag, argues that the Heat need to have three-point shooting insurance in the event that Robinson and Herro are moved. In that scenario, the Heat would have lost Herro, Gabe Vincent, and three-point specialists Robinson and Max Strus, in the same offseason. Cole Swider and Drew Peterson have the potential to turn into that, but both have currently just verbally agreed to training camp contracts. Winderman argues that keeping Robinson could be a priority, so that the Heat maintain some consistency with their shooters.
  • In another recent mailbag, Winderman explored reader questions about potential obstacles that would cause the Heat to not make a trade for Lillard. A possible fine or other punishment from the league following their recent memo can’t be ruled out. Additionally, the Heat could be wary of sending out all of their young assets, such as both Jaquez and Jovic. However, Winderman doesn’t view either of those as legitimate roadblocks.
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