Haywood Highsmith

Heat Notes: Arison, Training Camp, Jakucionis, Highsmith

In advance of tonight’s induction into the Naismith Memorial Basketball Hall of Fame, Micky Arison participated in Friday’s media session and spoke about his memories from three decades as majority owner of the Heat, per Barry Jackson and Anthony Chiang of The Miami Herald. Under Arison, who was elected in his first year as a finalist, Miami has made seven trips to the NBA Finals and captured three titles.

“I would just say I’m appreciative. It is an honor… It was never a goal,” he said of the Hall of Fame selection. “Our goal was to win championships. Was fortunate enough to win three. Our goal was to create a fantastic atmosphere in Miami. Most great NBA players, coaches it’s a goal for them. It’s never been a goal for me. Despite that, I’m extremely appreciative.”

Hall of Fame weekend marks a rare moment in the spotlight for Arison, as Jackson and Chiang note that he hasn’t spoken with beat reporters since 2013 and declined interview requests regarding his election. As his presenters, he chose Heat president Pat Riley and franchise legends Alonzo Mourning and Dwyane Wade.

“They were three key elements to our history for 30 years,” Arison said. “Pat was with me almost from the very beginning. Zo (was acquired) the first year. From there the culture was created. Dwyane Wade helped take it to the top. Obviously the greatest player in Heat history; (he has) a statue on the top steps (of Kaseya Center). I’m glad those three will be with me.”

There’s more on the Heat:

  • Ira Winderman of The Sun-Sentinel (subscription required) previews several battles to watch when training camp opens later this month, including Kel’el Ware vs. Nikola Jovic for a potential starting spot and Tyler Herro vs. Davion Mitchell to be the crunch-time point guard. Winderman expects Andrew Wiggins and newly acquired Norman Powell to both be in the starting lineup, but coach Erik Spoelstra‘s decision on how to use them could factor into their long-term future with the team. Powell has an expiring contract, and Wiggins holds a player option for next season.
  • The fate of Kasparas Jakucionis is also worth keeping an eye on, Winderman adds. The first-round pick struggled during Summer League games and seemed like he might need some time in the G League, but Winderman suggests he may be able to avoid that fate with a strong showing in camp and the preseason.
  • Haywood Highsmith, who was traded to the Nets last month, recently offered a heartfelt farewell to the Heat organization and fans on his Instagram account. “You gave an undrafted kid from Baltimore a chance and I’m forever grateful for the journey, challenges, and growth I’ve experienced here,” he wrote. “Miami will always have a special place in my heart.”

Heat Notes: Riley, EuroBasket, Fontecchio, Jovic, Ware

With Heat owner Micky Arison set to be inducted into the Naismith Basketball Hall of Fame this weekend and team president Pat Riley among the prior honorees slated to present him, Riley reflected on his 30 years with the organization, per Anthony Chiang of The Miami Herald.

“Micky and I had that kind of relationship back and forth, but always positive about what we’re trying to do,” Riley said. “If he didn’t like something, he would tell me, ‘I don’t think we should go that way,’ and I wouldn’t go that way. If he said, ‘Go for it. Damn right, let’s go for it,’ we had the same mentality.

“But if you don’t take a risk — a big-three type risk [signing free agent All-Stars LeBron James, Dwyane Wade and Chris Bosh in 2010], Lamar Odom type risk or Shaquille O’Neal type risk or Jimmy Butler type risk or whatever it is — then you’re too afraid and there’s a fear of failure there,” Riley continued. “So when you make a calculated risk, he has made a lot of them with me — some of them haven’t worked, some of them have worked big time.” 

With Riley running its front office, Miami has made a total of seven NBA Finals, winning three championships.

There’s more out of Miami:

  • While playing for their respective national teams at EuroBasket this year, Heat role players Nikola Jovic, Pelle Larsson and Simone Fontecchio are all showing out in larger roles than they’ve had in Miami so far. Still, Ira Winderman of The South Florida Sun Sentinel cautions that their production shouldn’t necessarily indicate that they’re capable of taking a leap with the Heat in 2025/26.
  • There had been “strong rumbles” last month that the Heat were looking into trading Fontecchio, according to Marc Stein of The Stein Line (Substack link). Stein notes that this buzz happened before Miami traded Haywood Highsmith to Brooklyn. Now that the Heat find themselves below the league’s luxury tax following the Highsmith deal, there is likely little urgency to offload Fontecchio.
  • With Jovic playing an outsized role for his native Serbia in EuroBasket, Barry Jackson of The Miami Herald considers whether Miami would be served better by starting the young forward in the frontcourt next to Bam Adebayo over center Kel’el Ware. Jackson notes that shifting Adebayo to the four spot while starting Ware at the five last year proved statistically more effective than keeping Adebayo at center and starting Jovic.

Fischer’s Latest: Beasley, Warriors, Brogdon, Highsmith, More

The status of free agent wing Malik Beasley is somewhat murky at the moment, writes Jake Fischer of The Stein Line (Substack link).

While Beasley’s lawyers told ESPN their client is no longer the “target” of a federal gambling probe, a subsequent report said he was still a “subject” and could still face legal challenges. Beasley is also expected to be investigated by the NBA, Fischer reports.

According to Fischer, the Cavaliers, Knicks, Timberwolves and Pistons are the main teams to touch base with Beasley’s camp in the hope that he’ll eventually be able to play in 2025/26. However, Fischer hears none of those teams have actually discussed signing Beasley with his future seemingly still up in the air.

If Beasley is ultimately cleared of any legal wrongdoing and by the NBA, the 28-year-old will be seeking more than the veteran’s minimum on his next contract, sources tell Fischer. It’s worth noting that of the four suitors, Detroit — his incumbent team — can offer Beasley the highest starting salary ($7.2MM). Cleveland and New York would be limited to minimum-salary deals, while Minnesota could offer a little above the minimum.

Here are a few more rumors from Fischer’s latest story:

  • Jonathan Kuminga‘s uncertain contract status has had a ripple effect on several free agents still on the market, Fischer notes, including Malcolm Brogdon. Fischer says the Warriors are expected to sign Al Horford, De’Anthony Melton, Gary Payton II and No. 56 overall pick Will Richard once Kuminga’s situation is resolved and have expressed a level of interest in Brogdon as well. The Knicks and Timberwolves have also been keeping an eye on Brogdon, Fischer adds.
  • While Fischer’s breakdown of prospective Warriors signees includes Richard, he doesn’t mention No. 52 overall pick Alex Toohey at all. That could point to the Australian wing ending up on a two-way contract or as a draft-and-stash prospect rather than being a candidate for the 15-man roster.
  • Fischer hears that the Timberwolves are “actively trying to work through the financial details” in a new contract for Bones Hyland. That suggests Hyland, who is no longer eligible for a two-way deal, may receive a non-guaranteed or partially guaranteed contract.
  • The Heat are still trying to trade Terry Rozier but there’s “scant” interest in the veteran guard, who is also being investigated as part of a federal gambling probe. Miami is also believed to be interested in a buyout, Fischer reports, though nothing is imminent on that front.
  • Fischer expects new Nets forward Haywood Highsmith to be back on the trade block at some point. Brooklyn has “no plans” to be competitive in 2025/26 and will continue to look to stockpile assets in trades, Fischer adds. The Nets recently acquired Highsmith, who is recovering from knee surgery, from Miami along with a second-round pick. Assuming he’s back to full health, Highsmith should have a chance to rebuild his trade value, and his expiring $5.6MM contract would fit into a team’s mid-level exception.

Heat Notes: Roster, Highsmith, Smith, Ware

Following the trade of Haywood Highsmith to the Nets and the signing of Dru Smith to a standard contract over the weekend, the Heat have 14 players on the standard roster and can’t sign a 15th player to a veteran minimum contract without crossing the luxury tax threshold, Anthony Chiang of the Miami Herald notes.

Miami currently stands approximately $1.7MM under the luxury tax threshold and $7.2MM below the first apron. Miami would need to wait until early December to sign a 15th player to a prorated standard minimum deal and stay below the tax. However, they could achieve that earlier by making another trade or using the waive-and-stretch provision on a contract, most likely Terry Rozier‘s deal if they choose that route.

Miami also has another two-way spot available on its roster.

Here’s more on the Heat:

  • By swapping out Highsmith for Smith, Miami’s roster is even more imbalanced, Ira Winderman of the Sun Sentinel writes. The Heat are thin at center, power forward and the point but heavy on wings. Kel’el Ware is the only true center on the roster, while Tyler Herro — who has spent a good portion of his career at shooting guard — projects as the team’s floor leader.
  • Regarding the Highsmith trade, Winderman notes that Smith’s contract will count less than half for cap/tax purposes than Highsmith’s deal would have. That was the primary motivation for the trade. It also give the front office the opportunity to add another big man down the line. Ultimately, it could come down to how Smith performs in his return. Smith is expected to be ready early in the upcoming season after suffering an Achilles tear in December.
  • Did you miss the Smith signing? Get all the details here.

New York Notes: Towns, Thibodeau, Brown, Wolf, Highsmith

Stefan Bondy of the New York Post (subscriber link) finds it curious that there hasn’t been more talk about an extension for Knicks big man Karl-Anthony Towns this summer. Towns has until October 20 to add two more years to his current deal, which runs through 2026/27 with a $61MM player option for the following season.

Bondy states that he hasn’t been able to get any information about possible extension talks. Towns’ agent didn’t respond to a text regarding the subject, and team president Leon Rose almost never communicates with the media.

Bondy expects Towns to play out the remainder of his contract, possibly including the player option, before getting a new deal. His max extension would be $150MM over two years, and even though Towns is a perennial All-Star, Bondy doesn’t view him as being worth $75MM per year as teams maneuver to stay below the second apron.

Bondy also brings up several questions the Knicks might want to have answered before they consider committing that kind of money to Towns. Can he stay healthier than he did in Minnesota, will he and Jalen Brunson develop better chemistry in the offense, can he improve his pick-and-roll defense, and does he fit better as a center or a power forward?

There’s more from New York City:

  • Knicks fans are expecting a trip to the NBA Finals this season and would consider anything less to be a disappointment, a survey taken by James L. Edwards of The Athletic reveals. More than 3,000 fans responded, and most are cautiously optimistic that New York will be the No. 1 seed in the East, but they’re split on the firing of Tom Thibodeau. A plurality of 37.7% agree with the move, while 29.6% oppose it and 32.7% are indifferent. Nearly 70% are withholding judgment on new head coach Mike Brown.
  • Danny Wolf, the last of the Nets‘ five first-round picks this year, brings a lot of versatility to the roster, writes Brian Lewis of The New York Post (subscription required). He’s a big man who can orchestrate the offense and shoot from the outside, and he has the potential to see time at power forward and center. “He’s just so unique. I don’t want to compare him to certain players,” Summer League coach Steve Hetzel said. “He’s very unique because he can handle, he can play pick-and-roll … at Michigan, he was a primary ball-handler in pick-and-rolls. So he has a ton of skill and he can shoot the three.”
  • The Nets are acquiring Haywood Highsmith from Miami, but he seems to be more of a trade chip than a long-term investment, Bondy observes in another story. Brooklyn is emphasizing the development of its young players, and there might be interest around the league in the 28-year-old Highsmith, who has a $5.6MM expiring contract, once he recovers from knee surgery.

Southeast Notes: Jaquez, Highsmith, Wizards Roster Imbalance

The Heat added Simone Fontecchio, Kasparas Jakucionis and Norman Powell this offseason while moving on from Kyle Anderson, Alec Burks, Haywood Highsmith, Kevin Love and Duncan Robinson.

Heat forward Jaime Jaquez Jr. believes it’s going to take a while for the team to build chemistry, considering all the roster moves.

“It’s starting to become the reality,” Jaquez said, per Anthony Chiang of the Miami Herald. “I think your rookie year, you go through it and it’s an adjustment. Now your second year, I think you really start to understand what it means to be in this business. Guys that you’ve built a relationship with are no longer going to be there. It’s definitely going to be an adjustment period, but we’re just really excited to get new guys and have this new team and try to win games.”

Jaquez had a disappointing second season as his playing time declined. He’s focused on securing a rotation spot once again.

Just going back and watching some film,” Jaquez said. “I think that’s a big one. Just remembering what it was that put me on the floor, what it was that got me to this position. Just kind of leaning into my strengths, as well as working on things that I need to work on like shooting and defense. And just bringing it all together as a whole, I think is one of the biggest things for me this offseason.”

We have more from the Southeast Division:

  • While the Heat valued Highsmith, it was more essential for the franchise to get under the luxury tax, Ira Winderman of the Sun Sentinel explains in his latest mailbag. Highsmith was dealt to the Nets this week in what can be classified as a salary dump. Given where the Heat are in the Eastern Conference pecking order, it would be hard to justify them being a tax team and risk paying repeater penalties going forward. The move also opens up more playing time for some of the younger players on the roster.
  • The Wizards‘ roster is top-heavy with wings while having few traditional bigs or point guards. Josh Robbins of The Athletic believes the roster imbalance is not a big concern for the Wizards front office. Their aim is to bring in as many high-upside players as possible and then develop them into solid pros, while hoping one of them becomes a franchise player and a couple others can reach All-Star level production.
  • The Hawks gave an offer sheet to a restricted free agent on Saturday. Get the details here.

Heat Trade Haywood Highsmith To Nets

The Heat and Nets have agreed to a trade that sends wing Haywood Highsmith to Brooklyn along with a 2032 second-round pick in exchange for a protected 2026 second-rounder, reports Shams Charania of ESPN (Twitter links).

The Nets have officially confirmed the deal, announcing that they’ve acquired Miami’s unprotected 2032 second-round selection and Highsmith in exchange for their own top-55 protected 2026 second-rounder.

It’s a financially motivated deal for the Heat, who will move under the luxury tax line as a result of the move. Miami entered the day operating about $1.6MM above the tax threshold with 14 players under contract.

Sending Highsmith’s expiring $5.6MM contract to Brooklyn will give the Heat nearly $4MM in breathing room below the tax, with at least one standard roster spot to fill before the season begins — the club will likely keep its 15th roster spot open to start the season to avoid going back above the tax line.

The Heat were always considered likely to duck the tax this season in order to reset their repeater clock.

When I identified Miami earlier this month as a good bet to make a cost-cutting move, I mentioned Highsmith as a potential trade candidate and speculated that he should have a little value based on his play as a three-and-D wing last season. The 28-year-old made 74 appearances (42 starts) for the Heat, averaging 6.5 points and 3.4 rebounds in 24.6 minutes per game and posting a .458/.382/.721 shooting line.

However, word broke last Friday that Highsmith had sustained a torn meniscus during an offseason workout and underwent surgery to address the injury. The recovery process is expected to sidelined him for at least eight-to-10 weeks, jeopardizing his availability for the start of the season and reducing his value as a trade chip, which is why the Heat had to give up a second-round pick to move him.

Miami will create a trade exception worth Highsmith’s outgoing salary ($5,616,000), which the club will have one year to use.

As for the Nets, they continue to use their cap room to stockpile draft assets, having acquired a pair of first-round picks in separate deals for Michael Porter Jr. and Terance Mann earlier this summer. It’s unclear whether or not Highsmith will be part of their plans for the 2025/26 season, given that there may be a roster crunch in Brooklyn, but taking on his contract puts only a small dent into their remaining cap space.

As Bobby Marks of ESPN tweets, Brooklyn still has $22MM in room after accounting for Cam Thomas‘ $12.1MM cap hold, though that figure doesn’t include reported two-year, $12MM deals with Day’Ron Sharpe or Ziaire Williams, which aren’t yet official. One of those signings could be completed using the room exception, but at least one will have to use the Nets’ cap space.

Heat’s Highsmith Undergoes Knee Surgery, Out 8-10 Weeks

Heat forward Haywood Highsmith suffered a torn meniscus in his right knee during a recent training session in his hometown of Baltimore and has undergone surgery to repair the injury, the team announced today (via Twitter).

According to the Heat, the procedure was completed in Miami on Friday by team physician Dr. Harlan Selesnick (Twitter link). Highsmith will begin rehabilitation work immediately, but the expectation is that he’ll be sidelined for approximately eight-to-10 weeks.

Training camps are scheduled to get underway in roughly seven-and-a-half weeks, so Highsmith’s injury figures to delay his availability this fall. He’s unlikely to be back to full health by the time the Heat begin practicing and may not be ready to return by the time the regular season tips off a few weeks later.

It’s an unfortunate setback for a player who is entering a contract year and who will be looking to establish himself as a regular part of Erik Spoelstra‘s rotation after seeing his role fluctuate last season. Highsmith set career highs by appearing in 74 regular season games and averaging 24.6 minutes per night, but was in and out of the starting lineup and was briefly removed from the rotation entirely.

A versatile defender with good length, Highsmith averaged 6.5 points, 3.4 rebounds, and 1.5 assists per game last season, with a shooting line of .458/.382/.721. He’ll earn about $5.6MM in 2025/26 on an expiring deal.

Trade Rumors: Giannis, K. Murray, Ellis, P. Williams, Heat

Superstar forward Giannis Antetokounmpo hasn’t requested a trade and the Bucks are reportedly focused on improving their roster around him, but teams around the NBA continue to monitor the situation, according to ESPN’s Brian Windhorst, who said on First Take (YouTube link) that potential Antetokounmpo suitors are hoping he won’t be thrilled by the moves Milwaukee makes in the coming days and weeks.

“The Bucks have seven free agents. Seven. Three or four of which I would refer to as core players,” Windhorst said (hat tip to RealGM). “The Bucks do not have salary cap space. The Bucks do not control their first-round draft pick for the next five years. They can’t trade it — they can’t trade the pick or the swap. The Bucks are in situation where they cannot count on Dame Lillard for next year. Maybe he can come back, but they cannot count on it. The Bucks are not interested right now in trading Giannis Antetokounmpo. And Giannis, to our knowledge, to my belief, has not asked for a trade. Those are the facts.

“We are also before the draft. We are before free agency. Will the Bucks do some things over the next two, three weeks to put themselves in a position where they can look like they could win the Eastern Conference, with those limitations? Maybe.”

Windhorst’s ESPN colleague Stephen A. Smith interjected at that point to say that the Bucks’ odds of reemerging as an Eastern Conference favorite seem “highly unlikely.”

“Right, so that’s why the league is waiting,” Windhorst continued. “People want to know why aren’t the Knicks going all-in for Kevin Durant? Why aren’t the Heat going all-in for Kevin Durant? Because, in part – there’s other reasons, but in part -they want to see what happens here with the Bucks. And we’re going to be watching closely.”

Here are a few more trade rumors from around the NBA:

  • Checking in on the Kings‘ roster situation and potential trade candidates ahead of the draft, Jason Anderson of The Sacramento Bee reports that the team wants to add “length and athleticism” in its frontcourt and is hoping to add a power forward/center in order to slide Keegan Murray back to small forward. According to Anderson, Murray and Keon Ellis have been generating “strong” trade interest, but Sacramento isn’t enthusiastic about moving either player.
  • The Bulls‘ front office has been “more responsive” to trade conversations this offseason than in the past, a source tells Joe Cowley of The Chicago Sun-Times. Cowley suggests that forward Patrick Williams is viewed as a prime candidate for Chicago, though the former No. 4 overall pick – who hasn’t taken a major step forward in recent years – still has four seasons and $72MM left on his current contract, which will make it difficult to move him for positive value without a sweetener attached.
  • Appearing on The Pat McAfee Show on Monday (Twitter video link), ESPN’s Shams Charania provided a little more information on what the Heat would’ve have had to give up to get Durant from the Suns, supplementing prior reporting from The Miami Herald. In order to keep Kel’el Ware out of a Durant deal, Miami likely would have had to put Jaime Jaquez, Nikola Jovic, Haywood Highsmith, the No. 20 overall pick, and a pick swap in its package, according to Charania. The Heat’s final offer reportedly fell well short of that.

Heat Notes: Durant Trade Offer, DeRozan, Kuminga, Robinson, Johnson, Smith

The Heat weren’t willing to part with rookie center Kel’el Ware, young forward Nikola Jovic or more than one future first-round pick in Kevin Durant trade discussions, a source tells Barry Jackson and Anthony Chiang of The Miami Herald. Their source says the final offer included Andrew Wiggins, Terry Rozier, two bench players and the No. 20 pick in Wednesday’s draft. Another source tells the authors that Miami was willing to take an unwanted salary from Phoenix, and they note that Marc Stein recently reported that there was interest in Cody Martin.

Jackson and Chiang explain that the Heat are permitted to offer two future first-rounders prior to Wednesday, but would have three available if the trade wasn’t finalized until after the draft is over. Miami wouldn’t consider parting with its picks in 2030 or 2031 to get Durant, and its first-rounders for 2026, 2027, 2028 and 2029 are in limbo due to obligations owed to Charlotte in the Rozier trade.

The authors add that the Suns could have opted for some tax relief by trading for Duncan Robinson and waiving him before July 8, leaving them on the hook for only the $9.9MM guaranteed portion of his 2025/26 salary. However, sources tell them that Phoenix never expressed any interest in Robinson. As we explained last month, Robinson’s partially guaranteed contract was never as valuable a trade chip in a Durant scenario as the Herald’s duo made it out to be.

There’s more from Miami:

  • Reports have linked the Heat to Kings forward DeMar DeRozan and Warriors forward Jonathan Kuminga, but neither player has been the focus of trade talks as of Sunday afternoon, Jackson and Chiang add in the same piece. They note that DeRozan, who’s believed to be on the trade market, will make $24.5MM next season, but only has a $10MM guarantee on his $25.7MM salary for 2026/27.
  • The Heat should have been willing to give up more of their young talent to add a player of Durant’s caliber, contends Ira Winderman of The Sun-Sentinel. He argues that Jovic, Jaime Jaquez, Haywood Highsmith and even Ware if necessary should have been sent out to add a star who’s capable of making Miami an instant contender in the East. While Winderman would have been hesitant to part with future draft assets beyond this year’s first-rounder, he believes Miami could have easily topped the package the Rockets are sending to Phoenix in exchange for Durant.
  • If the Heat can’t trade Robinson, it’s possible that he could decline his $19.9MM option and return on a new deal starting with the $9.9MM he has guaranteed for next season, possibly around $32MM over three years, Winderman suggests in a separate piece. He also examines the possibility of declining a $2MM option on Keshad Johnson and bringing him back on a two-way contact, as well as Miami’s options with Dru Smith, who is eligible for another two-way deal but appeared close to receiving a standard contract before suffering an Achilles injury in December.