Former Heat Employee Pleads Guilty In Stolen Memorabilia Case
A former Heat employee accused of stealing millions of dollars in team merchandise pleaded guilty on Tuesday to transporting and transferring stolen memorabilia across state lines, the U.S. Attorney’s Office announced, according to David Lyons of The Sun Sentinel.
Marcos Tomas Perez, 62, “stole hundreds of game-worn jerseys and other valuable memorabilia belonging to the Miami Heat and sold them to online brokers,” the government said in a statement.
Perez entered the guilty plea to a single count of a criminal information before a district judge in Miami. He was arrested on Aug. 5 after investigators searched his home.
The judge scheduled a sentencing hearing for Oct. 31, according to court records. Perez faces a statutory maximum of 10 years in prison and a $250K fine but a pre-sentencing investigation by the court’s probation office will produce a recommendation under sentencing guidelines for the judge, Lyons adds.
According to a plea agreement, Perez has cooperated with the government, which could lead to a sentence reduction.
Among the items Perez alleged stole was LeBron James’ jersey from Game 7 of the 2013 NBA Finals, which he sold for approximately $100K. The jersey was later sold in 2023 at a Sotheby’s auction for $3.68MM.
The federal investigation was launched in early 2024 after game-worn jerseys from James, Shaquille O’Neal and Dwyane Wade — among many other items — went missing from the Heat’s arena, the Kaseya Center.
Perez worked the City of Miami Police Department in November 1992 until he retired in April 2016. He was employed by the Heat as a security officer from 2016-21, then worked for the NBA as a security employee from 2022 until this year.
“During his tenure, Perez worked on the game-day security detail at the Kaseya Center, where he was among a limited number of trusted individuals with access to a secured equipment room,” the DOJ’s press release from earlier this month read. “This equipment room stored hundreds of game-worn jerseys and other memorabilia that the organization intended to display in a future Miami Heat museum.
“During his employment, Perez accessed the equipment room multiple times to steal over 400 game-worn jerseys and other items, which he then sold to various online marketplaces. Over a three-year period, Perez sold over 100 stolen items for approximately $2 million and shipped them across state lines, often for prices well below their market value.”
Law enforcement executed a search warrant at Perez’s home in April and seized almost 300 items that the Heat confirmed had been stolen from their arena.
Eastern Notes: Bane, Heat, Magic-Heat Rivalry, Bulls
The Magic made one of the biggest moves of the offseason, trading multiple assets and veteran players to acquire Desmond Bane from the Grizzlies. John Schuhmann, the senior stats analyst for NBA.com, examines how Bane can impact Orlando’s offense.
Using a film study approach, Schuhmann lays out Bane’s strengths and details how he can blend with Orlando’s roster. Bane should help the Magic get more easy buckets on the break, increase off-the-ball movement and provide more off-the-catch opportunities for star forwards Paolo Banchero and Franz Wagner.
We have more from the Eastern Conference:
- The Miami Herald’s Barry Jackson takes a deep dive into the Heat‘s asset management over the past decade, breaking them down into regrettable, commendable and defensible decisions. Jackson notes that the reason why the franchise hasn’t hoarded first-round picks is that it would go against its philosophy of never tanking or intentionally taking steps back with the hope of a brighter future. The Heat’s yearly goals also include trying to win as many games as possible every season, even if the roster isn’t championship-caliber.
- Orlando Sentinel Mike Bianchi opines that the Magic must resurrect their rivalry with the Heat. The Southeast Division foes play against each other on opening night and Bianchi urges Orlando fans to muster up passion and hatred toward their in-state opponent.
- The Bulls have promoted Austin Dufault to director of player development and Isiah Price to coordinator of player development, K.C. Johnson of Chicago Sports Network tweets. Dufault was an assistant coach with the Pistons from 2021-23.
Heat Notes: Roster, Highsmith, Smith, Ware
Following the trade of Haywood Highsmith to the Nets and the signing of Dru Smith to a standard contract over the weekend, the Heat have 14 players on the standard roster and can’t sign a 15th player to a veteran minimum contract without crossing the luxury tax threshold, Anthony Chiang of the Miami Herald notes.
Miami currently stands approximately $1.7MM under the luxury tax threshold and $7.2MM below the first apron. Miami would need to wait until early December to sign a 15th player to a prorated standard minimum deal and stay below the tax. However, they could achieve that earlier by making another trade or using the waive-and-stretch provision on a contract, most likely Terry Rozier‘s deal if they choose that route.
Miami also has another two-way spot available on its roster.
Here’s more on the Heat:
- By swapping out Highsmith for Smith, Miami’s roster is even more imbalanced, Ira Winderman of the Sun Sentinel writes. The Heat are thin at center, power forward and the point but heavy on wings. Kel’el Ware is the only true center on the roster, while Tyler Herro — who has spent a good portion of his career at shooting guard — projects as the team’s floor leader.
- Regarding the Highsmith trade, Winderman notes that Smith’s contract will count less than half for cap/tax purposes than Highsmith’s deal would have. That was the primary motivation for the trade. It also give the front office the opportunity to add another big man down the line. Ultimately, it could come down to how Smith performs in his return. Smith is expected to be ready early in the upcoming season after suffering an Achilles tear in December.
- Did you miss the Smith signing? Get all the details here.
Heat Sign Dru Smith To Three-Year Contract
10:00pm: Smith has officially re-signed with Miami, per a team press release.
5:49pm: Restricted free agent guard Dru Smith will remain with the Heat on a three-year contract, sources tell Shams Charania of ESPN (Twitter link).
The deal has a total value of $7.9MM, according to Michael Scotto of HoopsHype (Twitter link), which suggests it’ll be worth the veteran’s minimum ($7,898,151). A source tells Barry Jackson of The Miami Herald that the first year of the deal is fully guaranteed, while the final two seasons carry conditional guarantees (Twitter link).
Miami opened a roster spot to sign Smith by trading Haywood Highsmith to Brooklyn on Friday. Unloading Highsmith’s $5.6MM salary enabled the Heat to add Smith and stay under the cap, per Anthony Chiang of The Miami Herald (Twitter link).
The 27-year-old guard appeared to be on his way to a standard contract with a strong start to last season, but he suffered an Achilles tear in December. Even though he remained inactive, the team kept him on a two-way contract for the rest of the season.
Heat officials are optimistic that Smith will be fully recovered from the injury in time for the October 22 season opener or shortly afterward, Jackson adds in a full story on the signing.
Appearing in 14 games last season, Smith averaged 6.2 points, 2.6 rebounds, 1.6 assists and 1.5 steals in 19.1 minutes per night with .508/.533/.750 shooting numbers. His improvement as a three-point shooter led to his expanded role, and Jackson points out that he logged double-digit minutes in eight straight games before the injury and played the entire fourth quarter in five of his last seven games.
Smith began his career with Miami in 2022 on a two-way contract, then went to Brooklyn later that season on a two-way deal after being waived. He returned to the Heat in the summer of 2023 and was converted to a standard contract before the start of the season. However, that campaign was cut short by his first untimely injury, as he suffered a third-degree ACL sprain in November.
Miami extended a qualifying offer to Smith in June, but league rules prevented him from signing another two-way contract with the team.
A report earlier today suggested that the Heat had interest in adding size to their roster, with an eye on free agents Trey Lyles and Kai Jones. Jones reportedly made a good impression during workouts in Miami this week.
Jackson believes Smith’s signing will put an end to any pursuit of Lyles or Jones. The Heat don’t have much depth in the frontcourt, but Jackson states that the need might be addressed with a trade rather than another free agent signing.
The Heat are back to 14 players with standard contracts and won’t be able to add a 15th player until later in the season without moving back into tax territory.
Jackson notes that Smith, newly re-signed Davion Mitchell and first-round pick Kasparas Jakucionis are all natural point guards. However, they could all come off the bench if coach Erik Spoelstra decides to use Tyler Herro and Norman Powell as his starting backcourt.
Southeast Notes: Jaquez, Highsmith, Wizards Roster Imbalance
The Heat added Simone Fontecchio, Kasparas Jakucionis and Norman Powell this offseason while moving on from Kyle Anderson, Alec Burks, Haywood Highsmith, Kevin Love and Duncan Robinson.
Heat forward Jaime Jaquez Jr. believes it’s going to take a while for the team to build chemistry, considering all the roster moves.
“It’s starting to become the reality,” Jaquez said, per Anthony Chiang of the Miami Herald. “I think your rookie year, you go through it and it’s an adjustment. Now your second year, I think you really start to understand what it means to be in this business. Guys that you’ve built a relationship with are no longer going to be there. It’s definitely going to be an adjustment period, but we’re just really excited to get new guys and have this new team and try to win games.”
Jaquez had a disappointing second season as his playing time declined. He’s focused on securing a rotation spot once again.
“Just going back and watching some film,” Jaquez said. “I think that’s a big one. Just remembering what it was that put me on the floor, what it was that got me to this position. Just kind of leaning into my strengths, as well as working on things that I need to work on like shooting and defense. And just bringing it all together as a whole, I think is one of the biggest things for me this offseason.”
We have more from the Southeast Division:
- While the Heat valued Highsmith, it was more essential for the franchise to get under the luxury tax, Ira Winderman of the Sun Sentinel explains in his latest mailbag. Highsmith was dealt to the Nets this week in what can be classified as a salary dump. Given where the Heat are in the Eastern Conference pecking order, it would be hard to justify them being a tax team and risk paying repeater penalties going forward. The move also opens up more playing time for some of the younger players on the roster.
- The Wizards‘ roster is top-heavy with wings while having few traditional bigs or point guards. Josh Robbins of The Athletic believes the roster imbalance is not a big concern for the Wizards front office. Their aim is to bring in as many high-upside players as possible and then develop them into solid pros, while hoping one of them becomes a franchise player and a couple others can reach All-Star level production.
- The Hawks gave an offer sheet to a restricted free agent on Saturday. Get the details here.
Heat Reportedly Eyeing Big Men, Including Trey Lyles
After sending Kyle Anderson and Kevin Love to Utah in a three-team deal last month, the Heat traded Haywood Highsmith to Brooklyn on Friday in a salary-dump move. Those transactions have left Miami thin in the frontcourt, with Bam Adebayo, Kel’el Ware and Nikola Jovic figuring to receive the bulk of the minutes at the four and five.
According to Grant Afseth of FastbreakJournal.com, Miami is exploring ways to add at least one more big man ahead of the 2025/26 season, with free agents Trey Lyles and Kai Jones among the players the team has expressed interest in. Jones impressed the Heat with his “energy and activity” during his workouts this week, sources tell Afseth.
A ten-year NBA veteran who was a lottery pick (12th overall) back in 2015, Lyles has spent the past three-plus seasons in Sacramento. In 69 appearances with the Kings last season, the 6’9″ power forward averaged 6.5 points and 4.6 rebounds while shooting 34.0% from three-point range in 19.6 minutes per game.
Jones, meanwhile, played 40 games for the Clippers and Mavericks in ’24/25, averaging 5.0 PPG and 3.1 RPG while shooting 79.8% from the field in 11.7 MPG. The 24-year-old center was the 19th pick of the 2021 draft.
As Afseth observes, Lyles and Jones provide different skill sets, with the former being a more proven depth piece and the latter offering more athleticism and upside. But either player could theoretically help the Heat as they prepare for the upcoming season.
In addition to moving below the luxury tax line, trading Highsmith also created an opening on the standard roster. Lyles or Jones could fill that 14th spot (Miami is unlikely to add a 15th man to open the season due to its proximity to the tax), but Afseth states multiple times that the Heat are considering other options as well.
Heat Trade Haywood Highsmith To Nets
The Heat and Nets have agreed to a trade that sends wing Haywood Highsmith to Brooklyn along with a 2032 second-round pick in exchange for a protected 2026 second-rounder, reports Shams Charania of ESPN (Twitter links).
The Nets have officially confirmed the deal, announcing that they’ve acquired Miami’s unprotected 2032 second-round selection and Highsmith in exchange for their own top-55 protected 2026 second-rounder.
It’s a financially motivated deal for the Heat, who will move under the luxury tax line as a result of the move. Miami entered the day operating about $1.6MM above the tax threshold with 14 players under contract.
Sending Highsmith’s expiring $5.6MM contract to Brooklyn will give the Heat nearly $4MM in breathing room below the tax, with at least one standard roster spot to fill before the season begins — the club will likely keep its 15th roster spot open to start the season to avoid going back above the tax line.
The Heat were always considered likely to duck the tax this season in order to reset their repeater clock.
When I identified Miami earlier this month as a good bet to make a cost-cutting move, I mentioned Highsmith as a potential trade candidate and speculated that he should have a little value based on his play as a three-and-D wing last season. The 28-year-old made 74 appearances (42 starts) for the Heat, averaging 6.5 points and 3.4 rebounds in 24.6 minutes per game and posting a .458/.382/.721 shooting line.
However, word broke last Friday that Highsmith had sustained a torn meniscus during an offseason workout and underwent surgery to address the injury. The recovery process is expected to sidelined him for at least eight-to-10 weeks, jeopardizing his availability for the start of the season and reducing his value as a trade chip, which is why the Heat had to give up a second-round pick to move him.
Miami will create a trade exception worth Highsmith’s outgoing salary ($5,616,000), which the club will have one year to use.
As for the Nets, they continue to use their cap room to stockpile draft assets, having acquired a pair of first-round picks in separate deals for Michael Porter Jr. and Terance Mann earlier this summer. It’s unclear whether or not Highsmith will be part of their plans for the 2025/26 season, given that there may be a roster crunch in Brooklyn, but taking on his contract puts only a small dent into their remaining cap space.
As Bobby Marks of ESPN tweets, Brooklyn still has $22MM in room after accounting for Cam Thomas‘ $12.1MM cap hold, though that figure doesn’t include reported two-year, $12MM deals with Day’Ron Sharpe or Ziaire Williams, which aren’t yet official. One of those signings could be completed using the room exception, but at least one will have to use the Nets’ cap space.
NBA Teams Average 14.4 Back-To-Backs In 2025/26
Five NBA teams will play a league-high 16 back-to-back sets during the 2025/26 regular season, while six clubs will have just 13 instances of back-to-back games on their schedules. The remaining 19 teams will play either 14 or 15 back-to-backs.
[RELATED: 2025/26 NBA Schedules By Team]
Those totals – along with an overall average of 14.4 back-to-backs per team – are about what we’ve come to expect in recent years.
Prior to the COVID-shortened seasons of 2019/20 and ’20/21, the NBA’s regular season consisted of 177 days, and the league had made a concerted effort to reduce instances of back-to-backs. When the league announced its initial schedule in ’19/20, its press release boasted that teams were averaging a record-low 12.4 back-to-backs that season, marking the fifth straight year in which that number had reached an all-time low.
However, since 2021/22, NBA regular seasons have spanned just 174 days, making it a little more difficult for schedule-makers to avoid back-to-back sets. The average number of back-to-backs per team is still well below where it once was (teams averaged 19.3 in 2024/25), but it’s no longer at a record low.
Here are the back-to-backs by team in 2025/26:
- Charlotte Hornets: 16
Denver Nuggets: 16
Philadelphia 76ers: 16
Phoenix Suns: 16
Washington Wizards: 16 - Golden State Warriors: 15
Los Angeles Clippers: 15
Miami Heat: 15
New Orleans Pelicans: 15
Portland Trail Blazers: 15
Toronto Raptors: 15
Utah Jazz: 15 - Brooklyn Nets: 14
Cleveland Cavaliers: 14
Dallas Mavericks: 14
Detroit Pistons: 14
Houston Rockets: 14
Los Angeles Lakers: 14
Memphis Grizzlies: 14
Milwaukee Bucks: 14
New York Knicks: 14
Orlando Magic: 14
Sacramento Kings: 14
San Antonio Spurs: 14 - Atlanta Hawks: 13
Boston Celtics: 13
Chicago Bulls: 13
Indiana Pacers: 13
Minnesota Timberwolves: 13
Oklahoma City Thunder: 13
Warriors, Lakers, Knicks, Thunder Get Most Nationally Televised Games For 2025/26
Having gone from two national broadcasting partners (ABC/ESPN and TNT) to three (ABC/ESPN, NBC, and Amazon Prime) ahead of the 2025/26 season, the NBA’s schedule will feature a significant increase in nationally televised games.
When the league unveiled its full regular season schedule on Thursday, it announced 237 nationally televised regular season matchups, along with the seven knockout round NBA Cup games whose participants aren’t yet known, for a total of 244 contests.
As Colin Salao of Front Office Sports writes in a subscriber story, the total number of nationally televised games is up by more than 40% from last season, when the league’s partners nationally broadcasted a total of 172 games.
Salao also points out that beginning in the middle of the season, when the NFL schedule starts winding down, the NBA will have national games every day of the week: Peacock on Monday; NBC/Peacock on Tuesday; ESPN on Wednesday; Amazon on Thursday; Amazon and ESPN on Friday; Amazon and ABC on Saturday; and ABC, NBC, and Peacock on Sunday.
Every team will be featured at least twice on the national TV broadcast schedule, with the Warriors, Lakers, Knicks, and defending champion Thunder leading the way with 34 appearances apiece.
Here’s the full breakdown of nationally televised games by team:
- Golden State Warriors: 34
- Los Angeles Lakers: 34
- New York Knicks: 34
- Oklahoma City Thunder: 34
- Houston Rockets: 28
- Minnesota Timberwolves: 28
- Denver Nuggets: 26
- Boston Celtics: 25
- Cleveland Cavaliers: 24
- Dallas Mavericks: 23
- San Antonio Spurs: 22
- Los Angeles Clippers: 21
- Milwaukee Bucks: 18
- Detroit Pistons: 16
- Orlando Magic: 14
- Philadelphia 76ers: 14
- Atlanta Hawks: 13
- Memphis Grizzlies: 10
- Indiana Pacers: 9
- Phoenix Suns: 9
- Sacramento Kings: 9
- Portland Trail Blazers: 8
- Miami Heat: 5
- Charlotte Hornets: 3
- Chicago Bulls: 3
- Brooklyn Nets: 2
- New Orleans Pelicans: 2
- Toronto Raptors: 2
- Utah Jazz: 2
- Washington Wizards: 2
Since nationally televised matchups are subject to change, there’s no guarantee that every team will ultimately end up being featured multiple times on the national stage.
As Salao points out, all 30 clubs showed up at least once on the national broadcast schedule initially announced for 2024/25, but the Wizards didn’t get any nationally televised games after having their lone contest replaced by a showdown between Cleveland and Oklahoma City.
Additionally, not every team this season will have a game aired on a traditional, non-streaming network — the only games featuring the Raptors or Wizards will air on either Peacock or Amazon Prime.
Heat Notes: K. Jones, Herro, Johnson, Rotation, Schedule
Free agent center Kai Jones is working out for the Heat this week and Miami could use depth in the middle. However, Ira Winderman of The South Florida Sun Sentinel is skeptical the former first-round pick will make the Heat’s roster — assuming he’s offered a contract, which would likely be non-guaranteed.
As Winderman explains, due to their luxury tax situation (they’re currently slightly over the tax line), the Heat are “far more likely” to add a big man on a two-way contract than carry a 15th player on a standard deal to open the season, and Jones no longer has two-way eligibility. It’s also not unusual for free agents to work out for the Heat in the summer, but many of those auditions occur privately, Winderman writes.
Jones has reportedly drawn serious interest from the Italian team Virtus Bologna, which could offer him guaranteed money and a more significant role than Miami, so it’s unclear if a non-guaranteed training camp contract would appeal to the 24-year-old.
Here’s more on the Heat:
- Between October 1 and the start of the regular season, Tyler Herro will be eligible for a contract extension that could pay him up to $149.7MM over three years. De’Aaron Fox (four years, maximum salary) and Mikal Bridges (four years, $150MM) recently signed veteran extensions and a scout who spoke to Winderman believes that, in a vacuum, Herro is the best of the three players. While locking in a core duo of Bam Adebayo and Herro with no assurances of short- or long-term team success could be costly for the Heat, particularly given Herro’s defensive limitations, waiting until next offseason could also be risky for both sides. Winderman points out that Herro would be eligible for an even more lucrative deal at that point and suggests Herro and the Heat might need to compromise to reach an agreement this fall.
- Haywood Highsmith‘s knee injury may open rotation minutes for second-year forward Keshad Johnson, at least during the preseason, Winderman adds in the same story. Johnson rarely played for the Heat as a rookie in 2024/25, having spent most of the season in the G League. It’s unclear if Highsmith will be available for the start of the regular season after undergoing surgery to repair a torn right meniscus.
- In a separate mailbag, Winderman states that head coach Erik Spoelstra is unlikely to make major lineup decisions based on how players perform during the Heat’s six-game preseason slate. That’s not to say training camp won’t be important — Winderman just thinks practices will likely be weighed more heavily than the exhibition games.
- Anthony Chiang of The Miami Herald shares his takeaways from the Heat’s schedule, which was released this afternoon along with every other team. Miami will only be featured in five nationally televised games in ’25/26 — only seven teams have fewer national TV games, Chiang notes.