Gabe Madsen

Heat Sign Four Players To Exhibit 10 Contracts

The Heat have filled out their 21-man offseason roster by signing guards Jahmir Young, Gabe Madsen, and Trevor Keels, as well as forward Dain Dainja, the team announced today in a press release.

All four players signed Exhibit 10 contracts, per Ira Winderman of The South Florida Sun Sentinel (subscription required). The expectation is that they’ll compete for a two-way contract in training cap, writes Barry Jackson of The Miami Herald.

A 6’1″ point guard who went undrafted out of Maryland in 2024, Young opened his first professional season with the Grand Rapids Gold, before signing a two-way deal with Chicago in February and finishing the year with the Bulls.

Although he logged just 30 total minutes in six games at the NBA level, but starred in the NBAGL, averaging 21.7 points, 7.0 assists, 4.5 rebounds, and 1.9 steals per game in 43 total outings for the Nuggets’ and Bulls’ affiliates. The 24-year-old was named to the G League’s All-Rookie team and finished third in Rookie of the Year voting.

Madsen spent the past four years playing for the University of Utah. In his final college season in 2024/25, the 6’6″ guard averaged 15.2 PPG, 2.6 RPG, and 2.5 APG in 29.7 MPG, with a .371/.322/.854 shooting line.

Those subpar shooting numbers were uncharacteristic for Madsen, who had made 38.2% of his career three-point tries prior to last season. He showed off his long-range ability while playing for the Warriors’ Summer League team, averaging 9.2 PPG with a .519 3PT% in just 14.0 MPG across six appearances.

Keels was the No. 42 overall pick in the 2022 draft, but appeared in just three games as a rookie for the Knicks and has been out of the NBA since then, with the exception of a couple preseason Exhibit 10 deals. A 6’5″ guard who suited up for the Pistons at this year’s Las Vegas Summer League, Keels has spent the past two seasons with the Iowa Wolves in the G League. In 2024/25, he averaged 19.8 PPG, 3.8 APG, and 3.3 RPG on .440/.369/.786 shooting in 46 contests for Iowa.

Dainja went undrafted out of Memphis this June. The 6’9″ forward averaged 14.6 PPG, 7.4 RPG, 1.7 APG, and 1.3 BPG in 27.2 MPG across 35 outings (19 starts) as a senior. He was productive in a modest role for Miami’s Summer League team in July, averaging 9.2 PPG and 2.6 RPG in just 13.4 MPG (five games).

The Heat’s agreements with Madsen and Young were previously reported. The team was also said to have a deal in place with undrafted rookie Steve Settle III, but that agreement either fell through or won’t be completed until closer to the season for G League purposes.

Miami is carrying 12 players on fully guaranteed contracts, two (Terry Rozier and Pelle Larsson) on partially guaranteed deals, a pair (Vladislav Goldin and Myron Gardner) on two-way contracts, and five on Exhibit 10 pacts — Ethan Thompson is the other player on an Exhibit 10 deal.

While there’s ostensibly just one two-way spot open for the training camp invitees on Exhibit 10 contracts, the Heat wouldn’t face any sort of cap penalty for waiving Goldin or Gardner if they decide they want to convert more than one of those camp invitees to two-way deals.

Heat, Gabe Madsen Agree To Exhibit 10 Deal

Undrafted rookie shooting guard Gabe Madsen has agreed to sign an Exhibit 10 contract with the Heat, reports Jon Chepkevich of DraftExpress (Twitter link).

Madsen spent the past four years playing for the University of Utah. In his final college season in 2024/25, he averaged 15.2 points, 2.6 rebounds, and 2.5 assists in 29.7 minutes per game across 33 outings (all starts), with a .371/.322/.854 shooting line.

Those subpar shooting numbers were uncharacteristic for Madsen, who had made 38.2% of his career three-point tries prior to last season. He showed off his long-range ability this month while playing for the Warriors at the California Classic and Las Vegas Summer Leagues, averaging 9.2 PPG with a .519 3PT% in just 14.0 MPG across six appearances.

As Chekpevich notes, Madsen’s best performance came in Vegas vs. Utah, when he racked up 22 points and made six three-pointers in less than 17 minutes of action.

An Exhibit 10 contract is a one-year, minimum-salary deal that is fully non-guaranteed and doesn’t count against the salary cap unless the player makes his team’s regular season roster. They can be converted into two-way deals prior to the start of the regular season. They also make a player eligible to earn a bonus worth up to $85,300 if he’s waived and then spends at least 60 days with his team’s G League affiliate.

Western Notes: Kidd, Blazers, Kings, Nelson, Nuggets

Letting Jason Kidd go to the Knicks would be a terrible outcome for the Mavericks, according to Tim Cowlishaw of the Dallas Morning News. There’s reportedly mutual interest between Kidd and the Knicks.

Under Kidd, Dallas has won five playoff series in four seasons. Cowlishaw also notes that Kyrie Irving likes Kidd and believes in him. In Cowlishaw’s viewpoint, the only way general manager Nico Harrison‘s vision for the current group will work is dependent on Anthony Davis staying healthy and Irving getting healthy and remaining happy. If Cooper Flagg then plays up to his draft status, the Mavs have a chance to secure a title in 2026/27 before the window of opportunity runs out for their aging stars.

Here’s more from the Western Conference:

  • Arthur Kaluma (Texas), Gabe Madsen (Utah), Chibuzo Agbo (USC), Alex Toohey (Sydney Kings), Jahmai Mashack (Tennessee) and Dylan Cardwell (Auburn) worked out for the Trail Blazers on Tuesday, Sean Highkin of The Rose Garden Report tweets. Toohey is the biggest name in the group, as the Australian forward is ranked No. 36 on ESPN’s Best Available list.
  • Jeremy Roach (Baylor), Caleb Love (Arizona), Jaxson Robinson (Kentucky), John Tonje (Wisconsin), Great Osobor (Washington), CJ Huntley (Appalachian State) will work out for the Kings on Wednesday, Jason Anderson of the Sacramento Bee tweets. That group is headed by Tonje (19.6 PPG with the Badgers last season), a high-scoring guard who is ranked No. 42 by ESPN.
  • Grant Nelson (Alabama) is expected to reschedule a workout with the Jazz, Brian Lewis of the New York Post tweets. Nelson, who worked out for the Nets on Tuesday, is currently rated 65th by ESPN.
  • Though the Nuggets took the Thunder to a Game 7 in these playoffs, they can’t afford to run it back with the same group, Sean Keeler of the Denver Post opines. The bench is in serious need of upgrades, Keeler argues, as the Nuggets basically went six deep this season and that forced the starters to empty their tanks.