Goran Dragic

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.

Goran Dragic Formally Opts Out From Heat

Goran Dragic has turned down his $7.5MM player option for next season, reports Eric Pincus of Basketball Insiders (Twitter link). The team has yet to make an official announcement, but since player options don’t require players to say when they’re opting out, only when they’re opting in, there may well be no formal acknowledgement of the move from the team. Dragic’s decision has been thoroughly expected, as he said in April that he would opt out, as he had long planned to do. The Heat are preparing a five-year offer in excess of $80MM for him to return, as Marc Stein of ESPN.com reported this weekend, but an offer in the neighborhood of $80MM would still be significantly less than the max.

The expectation when Miami acquired Dragic from the Suns in exchange for a package that included two first-round picks was that the Heat would make him a max offer this summer, as Ramona Shelburne of ESPN.com reported at the time. However, the team is apparently in salary-clearing mode with Dwyane Wade angling for more money amid his openness to leave Miami, so perhaps that’s led the Heat to try to see if they can save on Dragic, a client of Bill Duffy and Rade Filipovich.

A five-year deal worth somewhat more than $80MM would still be roughly in line with what other teams can offer in terms of total money, since competitors are limited to handing out only four-year contracts. Dragic has been insistent that he’s high on Miami, but he apparently nonetheless saw the Lakers as a “perfect fit”  at the trade deadline, and that team is reportedly a likely suitor, as are the Knicks, Pelicans, Kings and Bucks.

Southeast Notes: Hawks, Dragic, Butler

The sale of the Hawks is slated to become official on June 24th, a source tells Chris Vivlamore of the Atlanta Journal-Constitution. Tony Ressler will become the majority owner of the franchise, which sold for a price of $730MM, down from the estimated $750MM to $1 billion figure that had previously been reported, as Vivlamore notes. The purchasing group additionally consists of Grant Hill, Rick Schnall, Sara Blakely, and Jesse Itzler. Hopefully, the sale will help turn a new page on the inner workings of an otherwise successful franchise that was marred by scandal last summer. Here’s more from the Southeast Division, who for the first time in four seasons won’t have a representative in the NBA Finals..

  • One of Goran Dragic’s two agents, Rade Filipovich, believes that his client wants Dwyane Wade to stay in Miami, Barry Jackson of the Miami Herald writes. “We are monitoring closely what’s going on; Wade is a very important piece for Miami’s future; he’s a superstar,” said Filipovich, who also expressed optimism that the Heat will retain Wade. “Goran wants Wade to stay. But it’s my opinion. I can’t answer for Goran. It’s not the focus for Goran.”
  • If Dragic is not re-signed, Jason Lieser of the Palm Beach Post wonders if the Heat might chase free agent Rajon Rondo.  Miami would be in scramble mode for a new point guard if Dragic flees, but Rondo still doesn’t seem like a good fit given all his baggage and his decline at this stage in his career.  As Lieser notes, Rondo could wind up with the Lakers, who have also been heavily connected to Dragic for some time.
  • Rasual Butler wants to return to the Wizards and he’s not making a secret of it.   Brandon Parker of The Washington Post looked back at the season that Butler had in D.C. and looked at how he might fit in with the team in 2015/16.  Butler, 36, averaged 7.7 PPG and 2.6 RPG in 20.1 minutes per contest last season.

Charlie Adams contributed to this post.

Dwyane Wade Open To Leaving Heat

JUNE 3RD, 8:32am: Wade “would welcome” an average annual value of $20MM on a contract that covers the next three seasons, an associate of the shooting guard told Jackson, who writes in a new story. That “would welcome” verbiage seems to suggest that Wade isn’t tied to that figure, though that’s just my speculation. In any case, Thomas said his client has made no definitive decision about whether to opt out, though the Heat knows that Wade would prefer, as it stands, to opt out.

JUNE 2ND, 6:20pm: The Heat’s initial contract offer to Wade is believed to have been for under $10MM per season, Ethan Skolnick of Bleacher Report notes (Twitter link). This would obviously be a significant pay cut from Wade’s $15MM salary for 2014/15, and well below the amount of his $16,125,000 player option for next season.

MAY 29TH, 8:29am: Wade is likely looking for $45MM on the three-year deal he seeks, according to Michael Wallace of ESPN.com. Wade’s public displays of his friendship with LeBron James following the four-time MVP’s departure from Miami haven’t sat well with Riley, but the contract squabble is more about Wade’s desire to use his remaining leverage as a star, Wallace writes.

10:24pm: If Wade were to leave Miami, Los Angeles has been most frequently mentioned as a likely option for him, Ethan J. Skolnick of Bleacher Report tweets. As for which L.A. team Wade could look to join, Skolnick speculated that it could be whichever one had enough salary cap space to accommodate the guard. Skolnick did add the caveat that he didn’t believe Wade would ultimately end up leaving the Heat.

8:18pm: A person close to Wade indicated that the player’s representatives believe that the Heat think Wade is bluffing, and that he wouldn’t leave Miami, Jackson writes. Another associate of Wade’s pointed out that Dragic’s future is another chip that Wade holds in negotiations, because the chances of Dragic departing as a free agent this summer would increase if Wade signs elsewhere, Jackson adds.

7:30pm: Thomas spoke with Ira Winderman of the Sun Sentinel regarding Wade’s bargaining position. “Several guys opted out of their contract last year,” Thomas said. “Obviously Dwyane wasn’t in a position that Chris [Bosh] was in, in terms of having another team offer a maximum deal. But the reality of this is he’s played his entire career for Miami. He’s done wonderful things in terms of the five titles that they played for, winning three of them. He’s had a tremendous career, and we’re just trying to see whether or not there’s room to continue that.

4:51pm: Agent Henry Thomas said, “I am going to continue to have conversations with the Heat and try to make this work,” but wouldn’t say if Wade was leaving Miami or if his client would definitely opt out of his deal this offseason, Jackson relays (Twitter links).

MAY 28TH, 4:34pm: The Heat and guard Dwyane Wade have been discussing his contract situation and there appears to be a significant difference in what the two sides believe Wade’s next deal should be worth, multiple sources have told Barry Jackson of The Miami Herald. Though Wade still prefers to remain with the franchise, where he has spent his entire 12-year career, he is now open to leaving if Miami does not raise its offer, Jackson adds.

Wade had opted out of the final two years of his contract last summer which were worth approximately $41.6MM. Instead, the veteran agreed to a more team-friendly two-year, $31MM deal, which included a player option for next season worth $16.1MM. The guard did so in order to allow the team’s front office to have greater financial flexibility to improve the roster, Jackson notes. At the time, Wade indicated that he was curious to see how much he could command in the summer of 2016, when the salary cap is expected to increase dramatically, courtesy of the league’s new television deal kicking in, the Herald scribe writes.

According to Jackson’s sources, Wade’s representatives are urging him to opt out this summer and to try to secure a lucrative three-year contract that would extend past his 36th birthday, Jackson relays. But the Heat are said not to prefer this option, and want Wade to opt in for next season. The franchise would then re-sign him to a two-year deal, but not for a significant amount, Jackson adds.

Whether Wade opts out of his deal or not, there is still said to be a “sizable gap” between what Wade wants to be paid over the next three seasons and what the Heat are willing to commit to him, Jackson notes. When asked about the differences between the two sides, Wade’s agent Henry Thomas declined to comment, as did the team, the Herald scribe relays. Jackson also notes that if Wade departs it could negatively impact the team’s chances at re-signing Goran Dragic.

Wade has been the face of the Heat franchise for years, which could affect his negotiating stance with the team. But Miami is almost assuredly concerned with committing a large portion of its salary cap amount to a player with Wade’s injury history. The 33-year-old has averaged just 58 games per season the last four years, and his knees certainly aren’t getting any younger.

In 62 appearances this past season, Wade averaged 21.5 points, 3.5 rebounds, and 4.8 assists in 31.8 minutes per contest. His career numbers are 24.1 PPG, 4.9 RPG, and 5.9 APG. Wade’s career slash line is .490/.289/.765.

Southeast Notes: Winslow, Hawks, Wizards

The Heat would be wise to move up in the draft and select Duke’s Justise Winslow, Jason Lieser of the Palm Beach Post opines. Winslow has the total package the Heat need at small forward if Luol Deng declines his player option and becomes an unrestricted free agent, Lieser continues. Winslow is expected to be off the board by the time Miami’s lottery pick comes up at No. 10 since many of the teams drafting 5-9 need a small forward, in Lieser’s estimation. Winslow could also play shooting guard and that’s the other position where the club needs an upgrade, Lieser adds.

In other news around the Southeast Division:

  • The Heat would not have traded two potential lottery picks to the Suns for Goran Dragic unless Miami got a guarantee of re-signing the unrestricted free agent, as Ira Winderman of the South Florida Sun Sentinel surmises. If the Heat fail to re-sign Dragic, they would be limited to using one of their exceptions to find a replacement since they would not have the cap space to chase a higher-level free agent, Winderman continues. Even a player such as Suns’ reserve and unrestricted free agent Gerald Green, who made $3.5MM last season, would be out of Miami’s reach if he wanted a raise unless a sign-and-trade was arranged, Winderman adds.
  • The individual brilliance of LeBron James has the Cavaliers in full control of the Eastern Conference Finals, but Hawks coach/acting GM Mike Budenholzer is among those with the team who aren’t about to give up on an egalitarian philosophy, observes Chris Vivlamore of the Atlanta Journal-Constitution“Every team has different ways to build and different ways to give themselves what they feel is their best chance,” Budenholzer said. “There is no doubt the way we’ve built the team with a lot of really good players, a lot of high-character guys. We feel like we can compete and play with anybody in the league. They’ve done it a different way. It’s a great battle. Obviously someone is going to win and lose. This is the way we are built. We believe in it. We think we can win at a high level. We’ll continue to do that.”
  • CSNWashington’s J. Michael gives his input on four key offseason decisions for the Wizards, who’ll seek a stretch four and have decisions to make regarding Nene Hilario, Martell Webster and soon-to-be free agent DeJuan Blair.

Latest On Goran Dragic

Goran Dragic is a fan of coach Erik Spoelstra as well as team president Pat Riley, and the Heat’s status as the front-runner to keep him remains unchanged, as Barry Jackson of the Miami Herald hears. Jackson lists the Lakers, Knicks, Pelicans, Kings and Bucks as other teams that are expected to have interest in signing the guard.

Dragic has previously confirmed that he’ll turn down his $7.5MM player option. The Heat possess the guard’s Bird rights, meaning they can offer him a fifth year, which is reportedly something Dragic values highly. The 29-year-old has previously said the Heat meet all the criteria he’s looking for in a team from a basketball standpoint and he’s named Miami as his favorite U.S. city. Dragic wants the Heat to play much faster next season, but he’s been assured that’s a key part of Miami’s plan, a source tells Jackson.

Still, Dragic has reportedly viewed the Lakers as a “perfect fit,” so perhaps Los Angeles is Miami’s biggest threat to sign the winner of the NBA’s 2013/14 Most Improved Player award. The Knicks and Lakers, along with the Heat, were among Dragic’s preferred destinations prior to the deadline trade that sent him from Phoenix to Miami.

Free Agent Stock Watch: Goran Dragic

The Heat lost their top free agent last summer, and even though the stakes are much lower this time around, the franchise is hoping to keep Goran Dragic in Miami. The Heat are still reeling from LeBron James‘ announcement last July that he was returning home to Cleveland. After four straight trips to the NBA Finals, Miami missed the playoffs with a 37-45 record this season. Now, instead of dominating the NBA, the Heat have started rebuilding.

Apr 11, 2015; Miami, FL, USA; Miami Heat guard Goran  Dragic (7) dribbles the ball against the Toronto Raptors during the second half at American Airlines Arena. Mandatory Credit: Steve Mitchell-USA TODAY Sports

Part of that process will be re-signing Dragic, who came to Miami from Phoenix in a three-team deal at February’s trade deadline. It cost the Heat four players and two first-round draft picks to acquire Dragic, who was a Third-Team All-NBA selection in 2013/14. To get the seventh-year guard from Croatia, Miami dealt Danny Granger to the Suns, along with a top-seven protected pick in 2017 and an unprotected selection in 2021. The Heat also sent Norris Cole, Shawne Williams, Justin Hamilton and cash considerations to New Orleans to complete the deal.

After shelling out so much to get Dragic, Miami wants to make sure he stays with the franchise for the long term. He has a $7.5MM player option for next season that he has already announced he will decline. Dragic has seemed to form a bond with Miami since the trade, calling it his favorite U.S. city. “I had a great time in Miami and I want to come back,” he told Jason Lieser of the Palm Beach Post last month, “but we’ll see what happens.”

What might happen is a large offer from the Lakers or Knicks, who were both reportedly on a list of favored destinations — along with Miami — that Dragic compiled before being traded from Phoenix. Both teams could use an experienced point guard and both have plenty of cap room to throw maximum offers at Dragic. And there are likely to be more suitors. Dragic, represented by agents Rade Filipovich and Bill Duffy of BDA Sports Management, has repeatedly made it clear that he will listen to every offer that comes his way.

One possible landing spot for Dragic is Houston, although the Rockets would have to clear some cap room to become serious bidders. Dragic spent part of the 2010/11 season and all of 2011/12 in Houston before leaving in the summer of 2012 to sign a four-year, $30MM free-agent deal with Phoenix. The Rockets were pursuing Dragic at this year’s trade deadline before he was dealt to Miami. It was reported in February that Dragic wasn’t willing to sign a long-term deal with Houston or any other team not on his list of preferred destinations. Dragic was apparently reluctant to sign long-term with the Rockets for fear that they would trade him later.

No matter who comes calling, Dragic noted that the Heat have a “huge” advantage because they own his Bird Rights and can offer a five-year deal, while other teams are limited to four. The total value of a maximum offer from Miami would be roughly $110MM, compared to about $81MM from anyone else. Miami also has the built-in financial advantage of being located in Florida, which has no state income tax.

“As long as I’m in a happy environment and a healthy organization, that’s the most important thing,” Dragic told Lieser in a separate story. “The next three, four, five years — I want to spend it on this kind of team, like the Miami Heat. They have great players, great coaching staff and great training staff.”

The attraction of Dragic, who turned 29 last week, is obvious. In 26 games after being traded to Miami, he averaged 16.6 points and 5.3 assists. He’s a 36% career shooter from three-point range and has a reputation for being durable, appearing in 77, 75 and 78 games the last three seasons.

The Heat have been open about their desire to retain Dragic. Shortly after their season ended, coach Erik Spoelstra said that he wants to bring back Dragic and Luol Deng, who also has a player option. “They’re absolute pros,” Spoelstra said, “the kind of guys you want to build your team around, the guys you want to go to work with, the guys you want to be in a foxhole with.”

Still, the Heat have some cap concerns. Chris Bosh signed a max deal last summer that will pay him more than $118MM through 2018/19; Dwyane Wade has a player option worth more than $16MM next season, and Hassan Whiteside will be seeking a sizable new deal next summer. But if Dragic stays in Miami, his new contract will be offset by an expected jump in the salary cap once the new television deal kicks in after next season. Dragic is certain to get plenty of offers this summer, but his fondness for the city and the Heat’s financial edges should be enough to make him one of the leaders of a post-LeBron resurgence in Miami.

Photo courtesy of USA Today Sports Images.

Pat Riley On LeBron, Dragic, Wade, Draft

Heat team president Pat Riley said today that he’s “at peace with” the choice LeBron James made last summer to return to Cleveland, and he indicated that everyone else in the organization had moved on, too, as Joseph Goodman of the Miami Herald transcribes (Twitter links). That didn’t appear to be the case when Riley, in response to a question about the draft, said there would be “no more smiling faces with hidden agendas, so we’ll be going in clean,” as Goodman also relays from today’s season-ending press conference (Twitter link). That could be interpreted as a jab at James, whose affection for Shabazz Napier was well-known before the Heat drafted him just weeks prior to James’ departure from Miami, but Riley insists his remark could be a reference to “anyone across the board,” Goodman tweets. Regardless, Riley had much more to say about the Heat’s future, and we’ll round up the highlights here:

  • Riley underscored the importance of re-signing Goran Dragic, as Herald columnist Barry Jackson relays. “If he doesn’t sign, my [expletive] is going to be in that seat and I’ll be writing about it,” Riley said to the gathered media. Still, Riley is “very confident” that Dragic will be back, Jackson notes.
  • Dwyane Wade‘s health been an ongoing issue, but Riley challenged the 33-year-old to be prepared to play more often. Wade said last week that he intends to opt in for next season. “Dwyane has to change the narrative about his body, his injuries, his missing games,” Riley said. “We’ve had a discussion about that. Night in, night out, there’s always a question of whether he can or cannot [play]. I’d like to see him do whatever he has to do to get himself ready to practice and play every single night. He’s got five months. This is not just a Dwyane Wade problem. It’s throughout the league.”
  • Riley would like to see the current starters return, Jackson relays in the same piece. That would indicate that the team wants to keep Luol Deng, who’s undecided about his more than $10.15MM player option.
  • The Heat president laid out what he’s looking for in the draft, where the Heat have a lottery pick as long as it falls in the top 10, and the 40th pick, saying that he wants “developed players, experienced players,” Jackson notes. “While we felt we might have had enough on the perimeter, that might be an area where we look,” Riley said. “I don’t want a one-dimensional guy. [I want] guys that can [shoot], guys that are playmakers, guys that can defend. We will take the best player that’s available.”
  • Riley believes the Heat will return to title contention next year, Goodman tweets, and he expressed bitter disappointment about falling short of the postseason this time around, as Ira Winderman of the Sun Sentinel notes (on Twitter). “There is not a person in the organization that doesn’t think we should have made the playoffs,” Riley said.

Heat Rumors: Dragic, Whiteside, Ennis

Goran Dragic is intrigued by the possibility of blending his offensive skills with Chris Bosh if he returns to the Heat, Barry Jackson of the Miami Herald reports. Dragic indicated after the season he will turn down the $7.5MM player option on his contract, thus allowing him to become an unrestricted free agent this summer. The team hopes to re-sign Dragic, who didn’t get a chance to play with Bosh after Dragic was acquired from the Suns at the trade deadline because of Bosh’s season-ending blood clot issues. “I always put pressure on the defense,” Dragic told Jackson. “If they don’t stop me, I’ve got a layup. If they stop me, Chris is going to pick and pop and that’s a wide open shot for him. Or he makes the next decision on a handoff, and then the big guy needs to recover from down to up, and so that makes a lot of room for other guys. It’s a lot of different strategies we can use with him on the floor.”

In other news involving the Heat:

  • The possibility of building around Dragic and center Hassan Whiteside, who became a rotation player in January, excites coach Erik Spoelstra, according to Ira Winderman of the South Florida Sun Sentinel. Spoelstra considers Dragic to be an impact, top-10 point guard and Whiteside to be a legitimate, impact center who could get the team back into the playoffs next season, Winderman adds. “We feel very good about the group that we possibly could have back, if we could bring everybody back and start a training camp together,” Spoelstra told the media that covers the team. “We think we can fast-track a lot of this and make guys look different and more comfortable and more confident with each other with time.”
  • James Ennis and Tyler Johnson are the role players that the Heat will most likely bring back, Winderman speculates, as he writes in a separate article. Winderman does not believe the team views the possible returns of Henry Walker or Michael Beasley as a priority. Ennis, Johnson and Walker have non-guaranteed contracts for next season while the team holds an option of approximately $1.27MM on Beasley. Winderman also opines that Luol Deng is likely to return, based upon his body language, positive attitude and recent comments about his status. Deng holds a player option of approximately $10.15MM for next season.

Southeast Notes: Magic, Harris, Heat

The Magic made some positive strides this season and have a solid young core in place for the future, Kyle Hightower of The Associated Press writes. When discussing what would need to be altered to make the team a contender, GM Rob Hennigan said, “Our focus is on getting better. We want to be a playoff team. We’re not trying to be a lottery team — that’s counter to our goals. This season has been frustrating. It has, I think if you ask our players, our coaches, myself— we expect more. We’re also realistic about how young we are…We think with their development and some pieces added here and there we will start to turn this thing.

Here’s more from the Southeast Division:

  • Restricted free agent Tobias Harris characterized his end of season meeting with Hennigan as being productive, Hightower adds. “Talk went good,” Harris said. “Only God knows what’s next. I can’t control the future. None of us can. I’ll leave it up to management to decide what the overall plan is and go from there. We didn’t really talk too much about [his contract], just about the season…He just told me not to worry about it and he’s proud of the year I had.
  • Heat coach Erik Spoelstra was complimentary of swingman Henry Walker, whose $1,110,602 salary for next season is non-guaranteed, as was relayed by the team’s official Twitter account. “With a full off-season with us I feel like his player development can continue,” Spoelstra said. Walker appeared in 24 games for the Heat this season, averaging 7.3 points and 3.4 rebounds in 26.2 minutes per outing.
  • Spoelstra also relayed that the Heat are enamored with Goran Dragic and Luol Deng, both of whom have player options to decide upon this offseason, and that the organization wants both players to return next season, Jason Lieser of The Palm Beach Post writes. “We love them; Hopefully they love us,” Spoelstra said. “I love working with them and our staff loved working with them. They’re two pros. From an objective point of view, they’re not difficult guys to work with. They’re absolute pros, the kind of guys you want to build your team around, the guys you want to go to work with, the guys you want to be in a foxhole with.