Heat Rumors

Grizzlies Acquire Dexter Pittman From Heat

2:54pm: The Heat have confirmed in a press release that they've sent Pittman to Memphis. The Grizzlies also received cash considerations from the Heat, according to the release.

12:48pm: The Grizzlies and Heat have agreed to a deal that will send Dexter Pittman and a second-round pick to Memphis, according to Marc J. Spears of Yahoo! Sports (via Twitter). Brian Windhorst of ESPN.com reports that the Heat will acquire the rights to Ricky Sanchez, who is currently playing in Argentina, in the trade (Twitter link). Ronald Tillery of the Memphis Commercial Appeal first reported that the two sides were in serious talks about a swap.

For the Grizzlies, Pittman represents another piece of frontcourt depth off the bench. Memphis had been carrying just 12 players, and would have been required to add a 13th man in the very near future had the team not acquired a player via trade today. The team had intended to make use of one of its seven trade exceptions, but likely won't need to do so, since the third-year big man is making the minimum salary of $854,389.

From Miami's perspective, the trade allows the club to open a roster spot for a potential free agent addition later in the season. According to Windhorst (via Twitter), the Heat have kept in touch with Kenyon Martin, but will likely wait until March to explore all their options.

Moving Pittman also reduces the Heat's tax bill slightly, and the cost to do so wasn't exactly exorbitant — Marc J. Spears of Yahoo! Sports reports (via Twitter) that the second-rounder is Miami's 2013 pick, which is currently projected to be 59th overall, as our projected draft order indicates.

I would assume that Sanchez, who was drafted by the Trail Blazers in 2005, will never see the floor for the Heat. The Grizzlies simply had to include a piece in the deal so that they weren't acquiring Pittman and a pick for nothing. Miami will also obtain a trade exception worth $854,389 (Pittman's salary) in the move.

Grizzlies In Serious Talks To Acquire Pittman

The Grizzlies are in serious talks with the Heat to acquire big man Dexter Pittman, according to Ronald Tillery of the Memphis Commercial Appeal (Twitter link). The proposed deal would see the Grizzlies land Pittman and a second-round pick using one of their seven trade exceptions.

Because Pittman is only making a minimum salary ($854,389) this season, the Grizzlies could use one of their smaller exceptions to absorb his contract, rather than using a chunk of their $7.49MM TPE from the Rudy Gay trade. From Miami's perspective, the team could clear a roster spot and save some money on its luxury-tax bill.

Heat Expressed Interest In Timofey Mozgov

The Heat have expressed interest in Timofey Mozgov, according to Adrian Wojnarowski of Yahoo! Sports (via Twitter). However, Wojnarowski adds that it's "hard to see a path" to a deal between the two teams.

Because Mozgov is earning about $3.14MM this season, the Heat would have to send out $2.5MM+ to make a deal work. They could offer Norris Cole, James Jones, and a draft pick, but the Nuggets probably wouldn't have much use for Cole or Jones' contract, which includes a player option for next season.

Mozgov has also been linked to the Timberwolves, Knicks, and Bobcats this week.

Morning Rumors: Hickson, Pacers, Heat, Bulls

With the deadline less than five hours away and trade rumors picking up steam, here are a few miscellaneous rumblings from around the league:

  • The Trail Blazers' chances of landing a first-round pick in exchange for J.J. Hickson don't look good at the moment, a source tells Ken Berger of CBSSports.com (Twitter link).
  • In an effort to move below the tax threshold, the Warriors are still attempting to move bench players, according to Adrian Wojnarowski of Yahoo! Sports (via Twitter).
  • Within the same tweet, Wojnarowski says the Pacers are shopping D.J. Augustin and his expiring contract.
  • Wojnarowski's rumor-heavy tweet also includes word that the Heat are offering Dexter Pittman in deals.
  • The Bulls are "pushing hard" to unload Richard Hamilton, tweets Gery Woelfel of the Racine Journal Times.
  • The Thunder have been seeking a first-rounder for Eric Maynor, but haven't found any takers yet, says Sam Amick of USA Today (via Twitter).

Spears On Oden, Kings, Gordon, Ridnour, Bucks

In the last pre-trade-deadline installment of his weekly power rankings, Marc J. Spears of Yahoo! Sports shares trade nuggets for a good chunk of the NBA's 30 teams. We've already heard many of them, but here are a few of Spears' notes of interest:

  • Agent Mike Conley tells Spears that his client Greg Oden likely won't sign with a team until the offseason. We've heard that the Cavaliers and Bobcats are preparing to make Oden offers after the trade deadline, so if he really waits until the summer to sign, it would strongly suggest to me that he prefers to go to the Heat. Miami can only offer a minimum-salary contract at this point, but would have the mini mid-level exception available again in July.
  • The Kings prefer to let a new ownership group inherit the team as is, so they likely won't make any moves at the deadline.
  • Eric Gordon figures to remain with the Hornets through the deadline, but the club may explore potential trades involving Gordon this summer.
  • A source tells Spears that, contrary to previous reports, the Timberwolves aren't actively shopping Luke Ridnour.
  • The Bucks doubt that they'll move either Brandon Jennings or Monta Ellis this week, even though both players could become free agents in the summer.
  • Mark Cuban would like to make a trade that makes Dirk Nowitzki the Mavericks' second-best player, according to Spears. I have a hard time believing there's a deal out there like that for Dallas.
  • The Pistons are expected to stand pat at the deadline.

Heat Re-Assign Dexter Pittman To D-League

Tonight's D-League assignments..

  • The Heat announced that they have re-assigned center Dexter Pittman to the Sioux Falls SkyForce of the D-League.  Pittman, 24, was just recalled from Sioux Falls on Wednesday.  After seeing time in 35 games last season, Pittman has seen action in just four contests this year.

Eastern Rumors: Jerebko, Stuckey, Ellington

Jonas Jerebko and Rodney Stuckey are the two Pistons players other teams ask about most, and sources tell Vince Ellis of the Detroit Free Press that while Detroit is likely to wait to make another major move until summer, a smaller deal isn't out of the question. "You have already had the main course. You aren't getting seconds," a source told Ellis, referencing the Jose Calderon/ Tayshaun Prince swap before adding, "You might get dessert."

While we wait to bite into the sweet spot of trade deadline chatter in the days to come, here's more of what we're hearing from the Eastern Conference:

Odds & Ends: Aldridge, George, Oden, Knicks

The latest news and notes from around the NBA on Saturday evening:

Heat Unlikely To Make Deadline Move

The Miami Heat are unlikely to make a trade before Thursday's deadline, writes Ira Winderman of the South Florida Sun Sentinel. Pat Riley has a history of making splashy moves at the deadline, dating back to the mid-1990s when he acquired Tim Hardaway and Jamal Mashburn. But Winderman writes that these moves have decreased in recent years, and there isn't any indication that he will make a move before Thursday.

Winderman writes that the most attractive trade asset the Heat have is the Sixers' lottery-protected 2013 first-round pick, acquired for the rights to Arnett Moultrie in June of 2012. Joel Anthony and Mike Miller are unlikely to be moved due to their contracts, and Winderman notes that Miller is very likely to be waived via the amnesty clause this summer. Mario Chalmers could be moved, but Winderman does not believe there is a deal out there for the point guard that the team must make.

Odds & Ends: Knicks, Randolph, Josh Smith

Kyrie Irving is willing to listen to any pitch LeBron James might make about joining forces on the Cavaliers in 2014, a source tells Sam Amico of Fox Sports Ohio, who wonders if All-Stars from around the league will use this weekend to hatch plots to form more superteams. While we wait to hear if any such whispers emanate from Houston, here's the latest from the Association: