Goran Dragic

Heat Rumors: Ennis, Richardson, Johnson

James Ennis‘ contract will be fully guaranteed if he makes the opening day roster in an amended agreement between the Heat and his agent, according to Eric Pincus of Basketball Insiders (Twitter link). Ennis, who is represented by Scott Nichols of Rize Management, was originally scheduled to have half of his $845,059 salary guaranteed on August 1st. That partial guarantee is no longer in effect. The approach regarding Ennis’ guarantee has yet to be finalized but both sides apparently agree he will remain non-guaranteed for near future, according to Ira Winderman of the Florida Sun Sentinel (Twitter link). The Heat will thus retain his rights through training camp, Winderman adds in another tweet. This gives the team a chance to evaluate him in camp before making any financial commitment, Barry Jackson of the Miami Herald tweets.
In other news concerning the Heat:
  • They plan to make an offer to No. 40 overall pick Josh Richardson soon, according to Jackson. The shooting guard from Tennessee will likely see a multiyear offer with partial guarantees similar to the deal that Ennis signed with Miami last year, tweets Winderman.
  • Miami didn’t signal the likelihood or lack thereof that it would offer Henry Walker a chance to re-sign with the team, but their parting today was “amicable,” agent Mike Naiditch told Jackson for the same piece.
  • Tyler Johnson‘s 50% contract guarantee will be picked up by Saturday’s deadline, according to Winderman (Twitter link). That would mean Johnson will receive at least $422,530 this coming season.
  • Team president Pat Riley and point guard Goran Dragic have collectively decided that Dragic won’t play for Slovenia this summer, Tim Reynolds of the Associated Press tweets.

Celtics Acquire Zoran Dragic From Heat

11:13am: The trade is official, the Celtics and Heat announced. The second-rounder going to Miami is a protected 2019 selection, according to the Heat.

11:07am: The Heat are sending enough cash in the deal to cover Dragic’s salary, reports Adam Himmelsbach of the Boston Globe (on Twitter).

10:49am: The second-rounder going to Boston is for 2020, reports Ira Winderman of the Sun Sentinel (Twitter link).

10:11am: The Celtics are acquiring Zoran Dragic from the Heat, reports Dan Le Batard of the Miami Herald and ESPN (Twitter link). He’s the brother of Goran Dragic, who’s OK with the deal, Le Batard adds. The Heat are also sending out a second-rounder, with another heavily protected second-rounder heading from Boston to Miami, reports Brian Windhorst of ESPN.com (on Twitter). It looks like the Heat aren’t taking salary back in the deal, so they’ll be able to reap luxury tax savings on top of the more than $1.706MM owed to Dragic for this coming season.

Miami has been carrying about $90.9MM in guaranteed salary, above the league’s $84.74MM tax threshold. The Dragic deal won’t take the team under that figure, and the Heat continue to look for takers for Mario Chalmers and his $4.3MM salary, as Marc Stein of ESPN.com hears (Twitter link). Miami would be subject to repeat-offender tax penalties if it’s above the tax threshold at the end of the regular season.

The Celtics use cap space to take in Dragic. Boston is set to complete the David Lee trade later today, but as that move has lingered as unofficial, the C’s have been able to operate as a team with cap space, making moves like the Perry Jones III trade and signing Jordan Mickey for more than two years. Boston had already been in line to carry 16 fully guaranteed contracts for the season ahead, so it would seem Dragic’s place on the opening night roster for the Celtics is not assured.

Miami also whittled its tax bill down with Sunday’s agreement to trade Shabazz Napier to the Magic. The Napier and Dragic deals stand to save the Heat around $11MM in salary and tax penalties combined, depending on other transactions, tweets Brian Windhorst of ESPN.com.

Southeast Notes: Lin, Dragic, Dudley

Goran Dragic is thrilled that the Heat re-signed Dwyane Wade this offseason, but also notes that he would have returned to Miami regardless of Wade’s decision, as he said in a recent appearance on The Dan Le Batard Show on ESPN Radio (audio link), and as Jason Lieser of The Palm Beach Post transcribes. When Dragic was asked if he had been nervous about Wade returning, he said, “I was, a little bit. I didn’t know what was going to happen. I was back in Europe and I read all the media reports. In the end, I’m really glad we signed him.

Dragic also noted that he didn’t speak with any other teams during the free agent signing period. “No, because Miami was the first team that called me,” Dragic said. “The last three months of last season, I was really satisfied with the organization and the people around me and the players. I was considering Miami the first option… Miami Heat is the right organization for me. I want to win something. I could go somewhere else, but I was really happy the last couple of months here. That was the right decision for me… Basically Miami Heat was the first option. Then they called me first. [Team president] Pat [Riley] was talking and saying what kind of team it was going to be… and I said I need to be on this wagon.

Here’s more out of the NBA’s Southeast Division:

  • Jeremy Lin said that the Hornets entered the picture late in the free agent process, but he added that the team appeared to be sincere in its presentation and plan for him, Rick Bonnell of The Charlotte Observer tweets. The point guard inked a two-year pact with the franchise last week.
  • Charlotte’s signing of Lin using its biannual exception means that the Hornets have triggered the hard cap, Eric Pincus of Basketball Insiders tweets. If a team is hard-capped, it cannot exceed the tax apron under any circumstance. A team that has spent up to its hard cap can still ink players to non-guaranteed contracts for training camp or the regular season, but it must rid itself of such players before their salaries become guaranteed. The deal is worth the full value of the biannual exception, a total of $4,374,255 over two years, and it includes a player option, as Pincus shows on his Hornets salary page.
  • Jared Dudley said that the Wizards were one of the teams he considered signing with before he opted in for 2015/16 with the Bucks, and he’s thrilled with the trade that sent him to Washington, The Associated Press relays. “I liked my situation in Milwaukee, but if they told me I was going to opt in and go to Washington, I would have opted in the first day because I can’t see a [situation] that’s better for me right now,” Dudley said.

Eastern Rumors: Williams, Knicks, Dragic

Lionel Hollins denies that his sometimes stormy relationship with Deron Williams led to the Nets waiving the veteran guard in a buyout deal, according to Tim Bontemps of the New York Post. Though sources confirmed to Bontemps that the head coach and Williams had a heated meeting in Memphis earlier this year, Hollins said the Nets didn’t part ways with Williams because of their disagreements. “Everything is not peaches and cream, but there’s not one shred of evidence that our relationship is the reason that he had to go,” Hollins told the team’s beat writers. “I would have coached Deron this upcoming year just like I coached him last year, and we would have went forward just like everybody else on the team.” The Nets saved more than $50MM this season in payroll and luxury-tax payments by agreeing to give Williams $27.5MM of the $43.5MM he was owed over the next two years, Bontemps adds. The Nets used the stretch provision on the buyout.

In other news around the Eastern Conference:
  • Carmelo Anthony‘s decision to take slightly less than the max last summer helped the Knicks to re-sign Lou Amundson and Lance Thomas to more than the league minimum this month, Marc Berman of the New York Post reports. Anthony’s deal opened up $1.4MM in cap space this summer and that, combined with the NBA’s cap increase to $70MM, allowed the Knicks to secure Amundson for $1.65MM and Thomas for $1.63MM instead of the roughly $1MM minimum, Berman continues. If Anthony didn’t take less, the Knicks could have re-signed only one of them above the league minimum, Berman adds.
  • Goran Dragic‘s deal with the Heat is only worth a total of $85MM and has a starting salary of $14.783MM, Eric Pincus of Basketball Insiders relays (on Twitter). Earlier reports estimated the deal at $90MM.
  • Paul George is pleased with the backcourt moves the Pacers have made this offseason, he told Scott Agness of the VigilantSports.com in a Q&A session. The pending addition of Monta Ellis and re-signing of Rodney Stuckey gives the team numerous playmakers, George told Agness. “One of the biggest things we needed to get better at was pushing the tempo and playing a little faster,” George said. “I didn’t know it was going to be a drastic roster change but I knew that was the direction this team needed to go to give ourselves a better chance of winning.”

Southeast Notes: Dragic, White, Hawks

All five Southeast Division teams made official moves Thursday. Check out our transactions log for a full recap of the first day following the July Moratorium. Here’s more from around the division:

  • Goran Dragic never spoke with other teams during his free agency, tweets Jason Lieser of The Palm Beach Post. Dragic wanted to remain in Miami and believes in team president Pat Riley and coach Erik Spoelstra, Lieser adds, and he was willing to give the Heat a discount to make it happen. “I could get more [money], but it doesn’t matter,” Dragic said, as Lieser relays (Twitter links). “The most important thing is that I’m happy, and I’m happy to be here and surrounded with all the coaches and all the players. I don’t want to be miserable on the court.”
  • The Wizards could receive an outside shooting boost this season from Aaron White, whom the team selected with the No. 49 overall pick in this year’s NBA Draft, writes Ben Standig of CSNWashington.com. Speaking about being drafted by Washington, White said, “I love this fit for me. Their style fits in my style. It should be a good match.
  • The Hawks renounced their rights to Elton Brand and John Jenkins to clear cap space Thursday for their flurry of official moves, tweets Chris Vivlamore of the Atlanta Journal-Constitution. They also renounced DeMarre Carroll and Pero Antic, who’ve signed elsewhere, and Gustavo Ayon, whose rights they’d retained even though he signed a multiyear deal overseas this past September.

Eddie Scarito contributed to this post.

Heat Re-Sign Goran Dragic

JULY 9TH, 10:43am: The deal is official, the team announced.

“When we traded for Goran last season, we knew he was the type of player and person that we wanted to be part of our HEAT culture,” team president Pat Riley said in a statement. “His pace, ability and vision for the game is the perfect complement to lead our team as we look to bring another championship to Miami. We are pleased he has re-signed and will wear the HEAT uniform for years to come and make Miami his home.”

3:57pm: Riley confirmed that the Heat intends to sign Dragic in a statement the team released. A formal signing can’t take place until July 9th, the day after the July Moratorium.

Courtesy of USA Today Sports Images

Courtesy of USA Today Sports Images

JULY 1ST, 8:44am: The Heat and Goran Dragic have agreement on a five-year, $90MM deal, reports Marc Stein of ESPN.com (Twitter link). It’ll have a player option on the final season, Stein adds (on Twitter). That’s less than an estimated $108MM max, notes Grantland’s Zach Lowe (Twitter link). Reports in recent weeks indicated that Miami was offering between $80-100MM, though the expectation had previously been that the Heat would offer the max.

Miami has appeared a strong front-runner for the client of Rade Filipovich and Bill Duffy since the Heat gave up two first-round picks in a deal to acquire him at the deadline this year, as Dragic expressed his affection for the Heat and the city of Miami. He nonetheless saw the Lakers as a perfect fit, too. and the Knicks, Pelicans, Kings and Bucks were reportedly likely suitors. Dragic was apparently more likely to leave the Heat if Dwyane Wade bolted, but it appears as though the 29-year-old Slovenian made his decision before his backcourt partner did.

The Heat already had $53MM on the books for next season, so Dragic’s return and a new deal at market value for Wade would likely send the team zooming into tax territory unless it clears salary via trade. Heat president Pat Riley denied that the Heat are shopping Mario Chalmers and Chris Andersen with the idea of doing just that.

The deal is a windfall for Dragic, who made just $7.5MM this past season and less than $23MM during his first six years in the league, according to Basketball Insiders and Basketball-Reference data. Still, it will look like less of an investment from Miami’s standpoint once the salary cap skyrockets, as expected, in the next few years, as Arthur Hill of Hoops Rumors pointed out when he examined Dragic’s free agent stock.

Eastern Notes: Johnson, Watson, Dellavedova

The Nets have been actively shopping veteran forward Joe Johnson over the past few days, Mike Mazzeo of ESPN.com relays (on Twitter). Brooklyn hasn’t had much luck in finding a taker, as teams are leery of taking on Johnson’s $24,894,863 salary for the 2015/16 campaign, which is the final year of his deal, as well as gutting their rosters to acquire the 34-year-old, Mazzeo adds.

Here’s more from around the Eastern Conference:

  • The Wizards refused to compromise their salary cap space for the summer of 2016, when Kevin Durant is eligible to become an unrestricted free agent, in order to re-sign veteran Paul Pierce, J. Michael of CSNWashington.com writes. This was the same stance the franchise took regarding Trevor Ariza, who ended up signing with the Rockets last summer, Michael notes. Pierce agreed to a three-year, approximately $10MM deal with the Clippers this week.
  • The Cavaliers and free agent point guard Matthew Dellavedova are making progress in their discussions to bring the Australian back to Cleveland next season, Shams Charania of RealGM tweets. Dellavedova is seeking a multiyear deal in the $3MM-$5MM range annually, Charania adds.
  • The Wizards have expressed interest in free agent guard C.J. Watson, Jorge Castillo of The Washington Post notes (Twitter link). Watson is intent on signing for the mid-level exception, which is not necessarily what Washington is currently offering, Michael tweets.
  • Greg Monroe chose to sign with the Bucks because they were the most playoff ready team of all his suitors, Howard Beck of Bleacher Report tweets.
  • The Wizards could be a potential landing spot for free agent forward Chris Copeland, tweets Jared Zwerling of Bleacher Report. Washington is also reportedly in discussions with the Bucks regarding a trade for Jared Dudley.
  • Prior to reaching an agreement on his five-year, $90MM deal with the Heat, Goran Dragic asked team president Pat Riley how he could be flexible to aid the franchise in retaining Dwyane Wade, Ramona Shelburne of ESPN.com writes (on Twitter). Wade and Miami agreed to a one-year, $20MM arrangement earlier today.

Free Agency Rumors: Pierce, Green, Dragic

The Wizards have a phone conversation scheduled with free agent forward Paul Pierce at 12:01 a.m. ET, a league source tells Shams Charania of RealGM (on Twitter). Here’s more from a busy night around the league:

  • One GM told Sean Deveney of the Sporting News (on Twitter) that the three-year, $46MM deal that Chandler Parsons signed in 2014 will set the market for wings this year.  That will apparently have an impact on guys like Danny Green, Khris Middleton, and DeMarre Carroll.
  • The Heat placed a call to Goran Dragic shortly after midnight on the East Coast, according to Ramona Shelburne of ESPNLosAngeles.com (on Twitter).  However, the guard is in Slovenia where it’s early in the morning and Shelburne seems to be implying that he was not awake to receive the call.
  • The Cavs have reached out to the reps for forward Tayshaun Prince, according to Chris Haynes of the Northeast Ohio Media Group.  The Cavs feel that Prince could help shore up their wing depth.  Prince, 35, played for the Grizzlies, Celtics, and Pistons last season and averaged 7.5 PPG and 3.6 RPG.
  • The Mavericks and Rockets were the first two teams to reach out to Patrick Beverley, sources tell Alex Kennedy of Basketball Insiders (on Twitter).

Luol Deng Opts In With Heat

1:30pm: The move is official, the Heat announced (on Twitter).

1:03pm: Deng has apparently changed course, as agent Herb Rudoy tells TNT’s David Aldridge that he’s opting in, not out (Twitter link).

11:08am: The Heat expect Luol Deng to turn down his player option worth nearly $10.152MM and hit free agency, reports Marc Stein of ESPN.com (Twitter links). The deadline for him to do so is today. Stein also hints that the Heat also expect Dwyane Wade to turn down his player option worth $16.125MM, as Wade has hinted he’ll do. Goran Dragic, who already turned down his $7.5MM player option, is “basically a lock” to stay with the Heat, Stein writes, but the same isn’t true of either Deng or Wade.

Heat president Pat Riley made it clear last week that he wants Deng back, even in the wake of Miami’s choice of fellow small forward Justise Winslow with the No. 10 pick. Deng, 30, expressed his love for the Heat organization back in April, citing its medical staff. Still, that was before Barry Jackson of the Miami Herald reported that Wade is open to leaving the Heat, throwing Miami’s offseason plans a curveball.

People around the league this spring expressed doubt to Steve Kyler of Basketball Insiders that Deng could find a salary better than what his option would give him for this coming season. Still, the Interperformances client will probably be able to find a deal that would lock in a greater total of money, albeit over a longer period of time, though that’s just my speculation.

Miami only has about $43MM in guaranteed salaries for next season, but new deals for Dragic, Wade and Deng threaten to push the team beyond the projected $81.6MM tax line. The Heat would pay repeat-offender tax penalties if they’re above the tax line at the end of the 2015/16 regular season.

Latest On Heat’s Offer To Goran Dragic

WEDNESDAY, 8:48am: Miami’s five-year offer to Dragic is expected to be for between $90MM and $100MM, Jackson reports. That would still likely be less than the max. The max won’t be known until the end of the July Moratorium, but based on an estimated starting salary of $18.96MM, the most Miami could give him over five years would be $109.02MM.

SATURDAY, 11:57pm: The Heat plan to make a five-year offer of more than $80MM to retain Goran Dragic, reports Marc Stein of ESPN.com, though an amount in the vicinity of $80MM would be less than the max. The expectation in the immediate wake of Miami’s trade deadline acquisition of the former All-NBA Third Team guard was that the team would offer him the max to stay, as Ramona Shelburne of ESPN.com wrote at the time, but Stein points to concerns over Dwyane Wade‘s potential free agency as one reason they’d offer somewhat less. The chances of Dragic leaving the Heat increase if Wade does, as Barry Jackson of the Miami Herald reported last month.

Dragic has a $7.5MM player option for next season that he’s said he’ll turn down to instead hit free agency. Miami is the only team capable of offering Dragic a five-year deal, since it has his Bird rights. Dragic can make as much as $85MM on a four-year offer from another team while a max offer from the Heat would top $100MM, Stein estimates. The precise figures won’t be known until the league sets its maximum salaries after the July Moratorium. It nonetheless appears as though the Heat are banking on Dragic’s affection for the Heat and the city of Miami as they seek to take advantage of the ability to spread a similar amount of money over an extra year.

Wade reportedly would welcome $20MM salaries if he is to turn down his $16.125MM player option, and he’s apparently open to leaving the Heat if necessary. The Heat would prefer that Wade opt in, according to Jackson, but a less lucrative offer to Dragic would offset all or part of the extra money the Heat would spend should Wade opt out and re-sign on a deal that pays $20MM next season. That savings would be particularly important with the Heat poised not only to pay the tax next season if they retain their existing players at market value, but also incur repeat-offender tax penalties for having been a tax team three out of four years.

The Lakers, whom Dragic reportedly saw as a “perfect fit” earlier this season, loom as likely suitors, as do the Knicks, Pelicans, Kings and Bucks, as Jackson reported. The Lakers, Knicks and Bucks all have the flexibility necessary under a projected $67.1MM cap to offer a four-year max contract to the client of Bill Duffy and Rade Filipovich.