Heat Rumors

Heat Sign Vashil Fernandez, Cut Stefan Jankovic

The Heat have tweaked the back of their roster slightly, announcing today in a press release that they’ve cut Stefan Jankovic and replaced him with newly-signed center Vashil Fernandez. Jankovic will become a free agent if and when he clears waivers, and will likely end up with Miami’s D-League affiliate, the Sioux Falls Skyforce.

Fernandez, meanwhile, went undrafted this June after spending his four-year college career at Valparaiso. The 6’10” big man averaged just 5.6 PPG during his senior season, but also chipped in 7.3 RPG and 3.3 BPG over the course of 36 games.

Jankovic had a $100K guarantee on his deal with Miami, so the Heat have a vested interest in continuing to develop him in the D-League. Another NBA team could claim him off waivers or sign him as a free agent, but they’d have to keep him on their 15-man roster to start the season in order to get his D-League rights.

While details of Fernandez’s deal aren’t yet known, a modest guarantee – if that – on a minimum-salary contract is a safe bet. Like Jankovic, Fernandez likely won’t make Miami’s regular-season roster. In fact, the two players could end up being teammates in Sioux Falls at some point this season.

Heat Pick Up Option On Justise Winslow

OCTOBER 17, 8:37am: The move is official, as Bobby Marks of The Vertical tweets. Winslow becomes the first player to have his 2017/18 team option formally exercised, though plenty will follow in the next two weeks.

OCTOBER 16, 6:44pm: The Heat will pick up the third-year rookie-scale option on Justise Winslow, according to Ira Winderman of The Sun-Sentinel. The long-expected move will guarantee Winslow a $2.7MM salary for 2017/18.

Miami has an October 31st deadline to pick up the option, but GM Andy Elisburg confirmed that the decision has already been made. The Heat just have to prepare an official “exercise letter” and send it to Winslow’s agent.

Winslow made an impression with a strong rookie year after dropping to No. 10 in the 2015 draft. He quickly earned a spot in the Heat’s rotation and averaged 6.4 points and 5.2 rebounds in 78 games. With the departure of Luol Deng in free agency, Winslow will move into a starting role. He is the only Miami player to start the team’s first five preseason games.

Winslow said he expected to have his option picked up and he is learning all he can about how the NBA handles contracts.

“This is a business,” he said. “You’ve got to know every aspect of it. Of course, I felt 99 percent sure that they would pick it up, but it’s something that you’ve still got to be aware of. If not for yourself, you’ve got to tell other rookies coming down the line. Because this is a brotherhood. You want to look out for everybody.”

Heat coach Erik Spoelstra is happy with Winslow’s progress so far and sees much brighter things in his future.

“He does what he’s always done, and that’s make winning plays,” Spoelstra said. “He is one of those unique players.”

Miami now has five players with guaranteed contracts for 2017/18, including Chris Bosh, whose salary could be removed from the team’s cap if he is not medically cleared to return after repeated issues with blood clots. The others are Hassan Whiteside, Tyler Johnson and Goran Dragic.

Dragic Isn't Unhappy In Miami

  • Miami’s Goran Dragic clarified some remarks Friday, saying he didn’t intend to convey unhappiness with the Heat, relays Ira Winderman of The Sun Sentinel. In an interview last week with TNT’s David Aldridge, Dragic admitted that the loss of Dwyane Wade to free agency and Chris Bosh to health problems have put the current Miami team in a much different position than he expected when he re-signed last summer. “He asked me that question,” Dragic explained. “Didn’t I sign to be part of a great team, championship team? I said, ‘Yeah, of course.’ Then I said sometimes your career, this is business, you cannot have every decision go the way you want it on your own. This is a team decision. Sometimes you need to do two steps back to go one step forward. I’m happy to be here. This is the team that I want to be here. But I understand this is business.”

NBPA Monitoring Chris Bosh Situation

The National Basketball Players Association is monitoring the Chris Bosh situation in Miami, reports Ira Winderman of The South Florida Sun Sentinel. At this point, there’s no need for the NBPA to step in, but the union is examining the situation and would take a more “proactive” approach if there’s an eventual belief that Bosh could continue his playing career.

While Bosh has vowed to make his way back to the court, there appears to be no disagreement that such a return is not possible for the time being, after blood-clotting issues resurfaced during a September physical. For now, the two sides are in something of a holding pattern — if the Heat want to eventually gain cap relief by removing Bosh’s contract from their books, the team would have to keep the big man on the 15-man roster until at least February 9 before waiving him.

A report from ESPN’s Zach Lowe this week indicated that the Heat may ultimately decide to hang onto Bosh until after March 1. Waiving him after that date would prevent Bosh from being playoff-eligible for another team, and it wouldn’t allow him to play 25 games for a club during the 2016/17 season — if Bosh plays 25 regular-season or playoff games in a season after he’s cut by the Heat, his cap hit would revert to the club’s books, so the NBPA will keep a close eye on the situation to prevent any attempts by Miami to game the system.

While Bosh remains on the Heat’s roster, and may continue to do so for several months, he hasn’t reported to the team, and there has been no indication that he’ll be on the bench or in the locker room once the season begins.

President Pat Riley has suggested that the team doesn’t expect Bosh to be in attendance for practices and games, but the relationship between the two sides still appears icy — the players’ union could become involved in that situation if necessary, especially considering Bosh parted ways with his previous representation and has yet to inform the team of his new agent, per Winderman.

Cavaliers Were Interested In Signing Dwyane Wade

The Cavaliers wanted to sign Dwyane Wade this summer, but couldn’t make it work financially, writes Dave McMenamin of ESPN.com.

Cleveland had the highest payroll in the league last season and has more than $122.6MM committed for 2016-17. That left the team with little flexibility when negotiations between Wade and the Heat broke down in early July. But it doesn’t mean the defending champs weren’t very interested.

“We couldn’t afford him,” said LeBron James, Wade’s longtime friend and former teammate in Miami. “It’s that simple.”

Chicago gave Wade a two-year, $47MM deal with a player option on the second season. To clear enough cap space for the signing, all the Bulls had to do was arrange deals involving Jose Calderon and Mike Dunleavy Jr. Ironically, the Cavs benefited from one of those moves, picking up Dunleavy in a deal involving the draft rights to two players taken more than a decade ago.

Cleveland would have needed a major roster adjustment in a short time to create the cap space needed to chase Wade. As it was, all the franchise had to offer was the taxpayer midlevel exception, which was only worth about $3.5MM. That money was eventually used to re-sign Richard Jefferson.

“Who wouldn’t be interested in a Hall of Famer?” Cavs coach Tyronn Lue said about the possibility of acquiring Wade. “That don’t even make sense. Yeah, we wanted him.”

James has spoken often about his friendship with Wade and the possibility of someday teaming up with him, Carmelo Anthony and Chris Paul. He also addressed the sudden break-up of the dominant Miami teams, while hinting that a reunion with Wade could still occur some day.

“In professional sports things can change from one year to another like that, so I’ve always had that perspective ever since I came into the NBA,” James said. “I’ve always known it’s a business and you could be with one team this year — have teammates this year, the next year you might not have them. That’s part of the business. So I’ll always have that perspective.”

Heat, Kings Have Had "Vague" Trade Talks

  • The Heat and Kings have had some “vague” trade discussions since July, sources tell Lowe. It’s not clear which players’ names came up in those talks, but both teams have veterans who have been the subject of trade speculation, including Goran Dragic (Heat) and Rudy Gay (Kings).
  • According to sources near the Chris Bosh situation in Miami, the most likely scenario is the Heat waiting until after March 1 to waive the veteran big man, so that he wouldn’t be eligible to appear in the postseason for another team. Lowe believes another team would take a minimum-salary flier on Bosh in that scenario though, which could complicate the Heat’s ability to clear his cap hit from their books.

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Heat Trying To Integrate Multiple Players During Preseason

  • The Heat elected to schedule the league-maximum of eight preseason games because of the need to integrate all their new players who need as much action as possible in order to develop chemistry, Ira Winderman of The Sun Sentinel writes. “I think we’re going to need every one of those eight games,” said coach Erik Spoelstra, who is working with 10 new players. “With previous teams, when we had veteran-laden teams and you bring a large portion of your team back, arguably it might not be as important.

Latest On Chris Bosh

The Chris Bosh situation remains in something of a holding pattern, with no roster move expected from the Heat in the near future. The team has indicated it doesn’t expect Bosh to play for them again due to blood-clotting issues, while the veteran big man has said he doesn’t intend to retire. In the latest video in his Uninterrupted.com series, Bosh doubled down on his vow to return to the court, suggesting he’ll “do everything it takes to get back out there” and adding that he wants to “defy the odds.”

“I’m not really thinking about money. I’m just thinking about where my heart is,” Bosh said. “I love the NBA. I love playing basketball every day for a living. … I just would feel like I’m giving up if I just walked away easily, like that.”

As Jeff Zillgitt of USA Today Sports writes, even though the Heat insist their decision is based on Bosh’s health and well-being, there are financial aspects that must be considered. Since the team could potentially recoup a huge chunk of cap room if Bosh is ruled medically unfit to return to action, Miami will likely exercise patience and avoid making a move anytime soon — the team couldn’t apply for that cap relief until February at the earliest.

Meanwhile, one of Bosh’s former teammates, current Cavs forward James Jones, is confident that the All-Star big man will make it back, telling Lang Greene of Basketball Insiders that Bosh “will play again.”

“From a health perspective, I know [Chris] will do everything in his power and medicine these days is amazing,” Jones said. “He’ll find a way to get back. No way will he allow the game to be taken away from him for a medical reason. But like always, he’s methodical, he’s very very patient and he’ll figure it out. We’re all pulling for him because this is a brotherhood. Not only because this is the NBA but by playing on a team like that, it’s a brotherhood, and you always want to see your brother’s dreams and legacies fulfilled.”

Heat Notes: Udrih, Richardson, Johnson, Spoelstra

Veteran point guard Beno Udrih wants to get past the injury that ended his season in February and the controversy that surrounded his release from Miami, relays Manny Navarro of The Miami Herald. Udrih hopes to take the court this week after being sidelined with tightness in his back. It will be his first game action since undergoing surgery for a torn plantar plate in his right foot. A week after the procedure, he agreed to a buyout, sacrificing $90K in a move that brought the Heat under the luxury tax and enabled them to sign Joe Johnson. Udrih re-signed with Miami in August and wants to prove he can still contribute despite the injuries and despite turning 34 in July. “I’m just going to be me, try to be consistent and bring some leadership, some pace to the game and maybe with that leadership and experience that I gained during the last 12, 13 years, just slow things down sometimes,” he said. “Sometimes, maybe, we play a little bit too fast.”

There’s more news out of Miami:

  • Heat coach Erik Spoelstra says no timetable has been set regarding Josh Richardson‘s return from injury because the team wants to be careful about rushing him back, Navarro writes in the same story. Richardson suffered a partially torn MCL in his left knee in September and was projected to have a six- to eight-week recovery time. When he does return, the second-year guard can expect to take on a variety of roles. “That’s the strength and ultimately the necessity of this roster — ultimately it’s the versatility,” Spoelstra said. “Guys have to be able to play in different spots and different positions on the floor. We talk about it all the time, but it’s reality. J-Rich is used to that. He literally he can play anywhere — the three perimeter positions offensively and defensively.”
  • Tuesday’s preseason game will give Tyler Johnson his first chance to see the Nets since they gave him a four-year, $50MM offer sheet, writes Ira Winderman of The Sun Sentinel. Miami matched the offer to keep the 24-year-old combo guard, who is grateful to the Nets for setting his price so high. “I could tell from the get-go that they were very interested,” Johnson said. “And they were working with me very well during contract negotiations. So, yeah, I’m very appreciative of what they did and setting that price point, for sure.”
  • This offseason provided the ultimate test for Spoelstra’s philosophy of moving forward, notes Jeff Zillgett of USA Today. The Heat had to deal with Dwyane Wade‘s departure, Chris Bosh‘s failed physical and a massive roster upheaval, but Spoelstra doesn’t want to use any of that as an excuse for failure. “This team that I’m coaching right now, what they deserve is my absolute full attention and commitment,” Spoelstra said. “That’s what they’re getting. … What you have is different challenges each year, and we’re in this profession to develop teams, to get players to learn how to serve and sacrifice and play for something bigger than themselves.”

Club Faces Difficult Decision On Weber

  • The Heat face a tough decision on point guard Briante Weber, according to Cody Taylor of Basketball Insiders. Though Weber has only played in seven NBA games, he has shown enough upside that it will be difficult for the Heat to keep him off the opening-day roster, Taylor continues. Weber also has a partially-guaranteed contract, but veteran Beno Udrih looms as the main backup point man and Josh Richardson should return during the first month of the season from his knee injury, Taylor notes. If Weber is let go, another team would snatch him up quickly, Taylor adds.