Isaiah Stevens

Contract Details: KPJ, J. Smith, Wiseman, Schröder, Stevens

Despite the fact that the Bucks used their room exception to complete the signing, guard Kevin Porter Jr. received the exact value of the bi-annual exception on his new two-year deal, Hoops Rumors has confirmed. The first year is worth $5,134,000, with a second-year player option worth $5,390,700. The move leaves roughly $3.65MM on Milwaukee’s room exception.

A player who re-signs with his previous team on either a one-year contract or a two-year deal with a second-year option is typically awarded the right to veto a trade for the rest of that season. However, Porter is one of a few players, along with Lakers big man Jaxson Hayes, who have waived that right as part of their new deals.

Sixers guard Eric Gordon and Raptors wing Garrett Temple have also given up that right to veto a trade, Hoops Rumors has confirmed.

We have more details on some of the recently signed contracts from around the league:

  • Jabari Smith Jr.‘s five-year, $122MM rookie scale extension with the Rockets declines in the second season before increasing in each of the final three years, notes Mike Vorkunov of The Athletic. That dip in 2027/28 comes during the season in which an extension for Amen Thompson figures to be hitting Houston’s books — it could also be the final year of Kevin Durant‘s contract, if he signs a two-year extension with the team at some point.
  • James Wiseman‘s new two-year, minimum-salary contract with the Pacers, which features a second-year team option, is partially guaranteed for $1MM in 2025/26, Hoops Rumors has learned. If Wiseman’s option for ’26/27 is exercised, that year’s salary would be partially guaranteed for roughly $1.13MM.
  • Dennis Schröder‘s three-year deal with the Kings, which is worth exactly the three-year value of the mid-level exception ($44,427,600), is partially guaranteed for $4.35MM in the third year, tweets Michael Scotto of HoopsHype. Although the contract fits into the MLE, Sacramento is believed to have used an existing trade exception to accommodate the acquisition of Schröder.
  • Isaiah Stevens‘ two-way contract agreement with the Kings will cover two years, according to Scotto (Twitter link).

Isaiah Stevens Signs Two-Way With Kings

July 8: Stevens’ two-way deal with Sacramento is official, per NBA.com’s transaction log. According to Michael Scotto of HoopsHype, it’s a two-year contract.


July 7: Isaiah Stevens will sign a two-way deal with the Kings, according to Jason Anderson of the Sacramento Bee and Sean Cunningham of KRCA News (Twitter links).

Stevens finished the season on a two-way with the Heat but didn’t receive a qualifying offer, which landed him in the unrestricted free agent pool.

Stevens, 24, appeared in three games with Miami last season. The point guard saw action in 33 regular season G League games with the Sioux Falls Skyforce, the Heat’s affiliate, and averaged 12.8 and 9.4 assists in 36.9 minutes per contest.

The six-foot Stevens, who went undrafted out of Colorado State, signed his two-way with Miami in late December.

Former Auburn center Dylan Cardwell signed one of the other two-ways from Sacramento. The third one remains unclaimed for the time being.

Heat Pick Up Johnson’s Option; Give QOs To Mitchell, Smith

The Heat have completed a series of roster moves, according to reports from Anthony Chiang of The Miami Herald and Ira Winderman of the South Florida Sun Sentinel. Those moves are as follows:

  • Exercised their team option on Keshad Johnson ($1,955,377).
  • Issued a qualifying offer to Davion Mitchell ($8,741,210), making him a restricted free agent.
  • Issued a qualifying offer to Dru Smith (two-way), making him a restricted free agent.

Johnson, who celebrated his 24th birthday on Monday, played a limited role for the Heat as a rookie, appearing in just 16 games and logging 98 total minutes at the NBA level. However, he impressed in the G League, with averages of 17.6 points, 8.3 rebounds, and 2.3 assists in 35.1 minutes per game across 32 appearances for the Sioux Falls Skyforce. The undrafted rookie earned a promotion from his two-way contract to the standard roster in December.

While some team options remain non-guaranteed after they’re exercised, that’s not the case for Johnson, whose $1.96MM salary for 2025/26 is now fully guaranteed. He’s on track to be eligible for restricted free agency during the summer of 2026.

Mitchell, a former ninth overall pick who has always had a reputation as a tenacious defender, earned his qualifying offer by emerging as an offensive weapon during the second half of the ’24/25 season.

After being traded from Toronto to Houston, the 26-year-old averaged 10.3 points and 5.3 assists per game with a .504/.447/.702 shooting line in 30 regular season outings for the Heat. He was even better in the postseason, making 59.3% of his field goal attempts and 52.0% of his three-pointers with averages of 15.2 PPG and 6.5 APG in six play-in and playoff outings.

Mitchell, who ranks 28th on our top-50 free agent list, will have the option of accepting his $8.7MM qualifying offer, which would set him up to become an unrestricted free agent in 2026. However, he’ll likely explore a multiyear deal with the Heat or another team. If he signs an offer sheet with a rival suitor, Miami would have the opportunity to match it.

Smith had his 2024/25 cut short due to a torn Achilles, but has always been a Heat favorite and will apparently have the opportunity to return on another two-way contract. He was the only one of three Miami two-way players to receive a qualifying offer — it doesn’t appear Isaiah Stevens will get one, while Josh Christopher was ineligible for a QO.

Heat Notes: Mitchell, Ware, Draft Prospects, Butler

Davion Mitchell played well enough during his two months with the Heat to become part of their future plans, but tax considerations and other concerns will complicate that decision, according to Ira Winderman of The Sun-Sentinel. Mitchell started 15 of the 30 games he played for Miami after being acquired from Toronto at the deadline in the five-team Jimmy Butler trade. He provided a strong defensive presence in the backcourt and averaged 10.3 points, 2.7 rebounds and 5.3 assists in 31.6 minutes per night while shooting 50.4% from the field and 44.7% from three-point range.

Mitchell will be a restricted free agent this summer if the Heat tender an $8.7MM qualifying offer by June 29. If he doesn’t reach a new agreement before the start of free agency, he can sign a deal with another team that Miami would have the right to match. Winderman points out that the Heat are close to the luxury tax and not far from the first apron, which will factor into the decision on whether to keep Mitchell.

Another consideration is the health of Dru Smith, who was kept on his two-way contract after suffering an Achilles tear in December. Smith played a similar role as Mitchell during the 14 games he appeared in, and he could be fully recovered in time for training camp.

Winderman also notes that Terry Rozier will make $26.6MM next season, so the Heat could be reluctant to make a significant investment in another point guard like Mitchell if Rozier can’t be traded. Isaiah Stevens showed promise in the G League as well, and as a two-way player he’s much cheaper than Mitchell will be.

“I don’t know what the future holds,” Mitchell said in his exit interview. “I’m not gonna try to get into that. But I mean I had an amazing time here. I love my teammates, love the coaching staff, love the adversity that we went through and we accomplished something no one’s ever done before, being the 10th seed, getting into the playoffs.”

There’s more on the Heat:

  • After earning second-team All-Rookie honors, Kel’el Ware appears headed for a regular starting spot next season, Winderman states in a mailbag column. However, he cautions that could change if the Heat are able to pull off a major deal for Kevin Durant, Giannis Antetokounmpo or Zion Williamson without giving up Bam Adebayo.
  • Team president Pat Riley and other Heat officials traveled to Southern California to attend Pro Day workouts, writes Barry Jackson of The Miami Herald. They were able to watch a few players who might be available with the No. 20 pick, including Illinois forward Will Riley, Florida point guard Walter Clayton Jr. and St. Joseph’s power forward Rasheer Fleming.
  • Former Heat star Dwyane Wade recently spoke on his podcast about the team’s deteriorating relationship with Butler that led to his trade to Golden State, Jackson adds. Wade questioned Butler’s approach to the game after the Warriors fell to Minnesota in the second round. “I know Jimmy is a pass-first guy. I know he’s about getting his teammates the ball, and want to see them shine,” Wade said. “But it’s a point where, you’re getting $60 (million). This ain’t working. You gotta go. He won’t look at the basket. And I’ve seen this before. I’ve seen it in the Heat jersey.”

Heat Notes: Wiggins, Herro, Arison, Tiebreakers

There’s still no set timetable for Andrew Wiggins to return from right hamstring tendinopathy, but the Heat continue to hope that he’ll be back before the regular season ends, according to Anthony Chiang of The Miami Herald. Wiggins will miss his fifth straight game tonight due to the hamstring issue, and Chiang notes that it’s the 13th time he has been unavailable since he was acquired from Golden State in early February. He has also been sidelined by a stomach illness, a sprained right ankle and a lower left leg contusion.

In the 15 games he’s played since coming to Miami, Wiggins has been productive, averaging 19.9 points, 4.1 rebounds, 3.2 assists and 1.1 steals while shooting 46.5% from the field and 36.7% from three-point range. Miami has four games remaining after tonight and is locked in a tight battle for positioning for the play-in tournament. The Heat are tied with Chicago at 35-42, two games behind Orlando and one game back of Atlanta.

Chiang points out that Miami has won three of the four games Wiggins has missed because of the hamstring while using a starting lineup of Tyler Herro, Alec Burks, Pelle Larsson, Kel’el Ware and Bam Adebayo.

There’s more on the Heat:

  • Herro will miss tonight’s game due to a right thigh contusion he suffered in Thursday’s contest against Memphis, Chiang tweets. It will be the fourth time Herro has been unavailable this season. Haywood Highsmith is questionable with left Achilles soreness, while Isaiah Stevens is also questionable after hurting his right foot while warming up. “(Herro) was doing as much treatment as he could,” coach Erik Spoelstra said in a pre-game session with reporters (Twitter link). “You guys saw the play. It was on that fast break. He just had a contusion there. We’ll treat him day to day.”
  • Heat owner Micky Arison has been elected to the Naismith Basketball Hall of Fame in his first year as a finalist, Chiang adds in a separate story. The franchise has won three titles and reached the NBA Finals seven times during his 29-year tenure. “My management style is get the best people and let them go to work and don’t get in their way,” Arison said during today’s Hall of Fame press conference in San Antonio. “… I’m really uncomfortable being up here because I think the best owners are the most invisible owners and I’d rather be invisible than be up here.”
  • Barry Jackson of The Miami Herald reviews the Heat’s tiebreakers against the other three play-in teams and examines their chances of moving into the seventh or eighth seed.

Heat Notes: Herro, Wiggins, Robinson, Two-Ways, Butler

After dropping 10 games in a row for the first time in 17 years, the Heat appear to have found their footing within the past week. They ended their losing streak on Sunday with a 17-point win over Charlotte, played spoiler in Jimmy Butler‘s return to Miami on Tuesday in a blowout victory over Golden State (story via Ohm Youngmisuk of ESPN), and won a third straight game on Thursday vs. Atlanta.

Entering Sunday’s game, Tyler Herro had been struggling with his efficiency since the trade deadline, making just 43.5% of his attempts from the floor – including only 27.9% of his three-pointers – during that 19-game stretch. But he has been on fire in these three victories, averaging 28.3 points per night on 67.4% shooting.

Head coach Erik Spoelstra had nothing but praise for Herro after he poured in 36 points on 13-of-17 shooting on Thursday against the Hawks, lauding the sixth-year guard for the way he has become more of a well-rounded offensive threat.

“Tyler was so efficient.” Spoelstra said, per Anthony Chiang of The Miami Herald. “And the best part about it is he did this entire game mostly off the ball. I didn’t run one specific play for him. He got 36 just on the move, within the context of the game. He’s learning how to manipulate when guys are really being aggressive with him. He can be a great screener, he can play off the ball, he can back cut, he can do a lot of those different things. That’s great growth to see.”

Here’s more on the Heat:

  • Heat forward Andrew Wiggins, who has already missed eight games due to ankle injury, a leg injury, and an illness since arriving in Miami last month, didn’t travel with the team for the start of its three-game road trip due to right hamstring tendinopathy, writes Barry Jackson of The Miami Herald. Wiggins and forward Duncan Robinson, who is out with a back issue, have been ruled out for Saturday’s contest in Philadelphia but could join the team at some point on its road trip, which also includes games in Washington on Monday and Boston on Wednesday.
  • According to Spoelstra, Robinson’s back issue is unrelated to the one that sidelined him at the end of last season and isn’t as significant as that one was. “It’s different than last year,” Spoelstra said, per Jackson. “We think we will be able to manage it. We want to be responsible and give as much treatment and then appropriate ramp-up.”
  • After the Sioux Falls Skyforce – Miami’s G League affiliate – fell just short of qualifying for the NBAGL playoffs, Heat two-way players Josh Christopher and Isaiah Stevens, along with roster player Keshad Johnson, are rejoining the NBA team and will be prepared to play roles for the banged-up squad if needed, according to Jackson. “They’re ready,” Spoelstra said. “They just have to be plug and play if they do get an opportunity. The way things have gone with guys out, those minutes could be available. They’re ready physically, mentally, emotionally. Everybody is disappointed they didn’t make the playoffs but they made a heck of a run.”
  • Heat big man Bam Adebayo spoke to reporters this week about how he has handled his most trying stretch as the team’s captain. Chiang has the story and the quotes for the Herald.
  • Although the Heat got the best of the Warriors on Tuesday, columnist Omar Kelly of The Miami Herald argues that Butler still came out ahead in his divorce with Miami.

Southeast Notes: Suggs, Champagnie, Heat Injuries, Nurkic

With point guard Jalen Suggs out for the season after undergoing knee surgery, Magic coach Jamahl Mosley will rely more on his frontcourt players to create offensive opportunities, he told Jason Beede of the Orlando Sentinel.

“It’s going to be different handlers at different times of the game,” he said. “If we realize a team is fully aggressive picking our point guard up, we might have to play through our bigs. Wendell (Carter Jr.), Goga (Bitadze), JI (Jonathan Isaac), those guys being able to handle the basketball and get us into easier sets. If they’re not pressuring Paolo (Banchero) and Franz (Wagner), those guys become our point-forward play-makers. That’s going to be a big key but that’s also going to vary game-to-game as well.”

Longtime veteran Cory Joseph made his first start of the season in place of Suggs on Tuesday.

We have more from the Southeast Division:

  • Justin Champagnie had his two-way contract converted into a standard four-year, $10MM deal by the Wizards on Monday. He’s been angling for a standard contract since going undrafted in 2021. “It means a lot,” he told Varun Shankar of the Washington Post. “I’ve been working hard these past four years of my career, trying to get to this point, and I’m super happy. I’m super thankful. I’m grateful that I got the opportunity here to be myself.” He will earn $1.8MM for the remainder of 2024/25, well above this prorated minimum. The final three seasons of the contract will be non-guaranteed.
  • Jaime Jaquez (right ankle sprain), Nikola Jovic (broken right hand), Kel’el Ware (left knee sprain) and Andrew Wiggins (right ankle sprain) will miss the Heat‘s game against the Eastern Conference-leading Cavaliers on Wednesday, according to Anthony Chiang of the Miami Herald. Undrafted rookies Keshad Johnson and Isaiah Stevens, who have been playing the G League, are expected to suit up for the NBA team to add depth.
  • After losing his starting spot with Phoenix and getting traded to the Hornets, Jusuf Nurkic is eager to reestablish himself, he told Michael Scotto of HoopsHype. “I’ve been in this league long enough. I know what the situation can be and how it’s good for the player to change the situation and have a fresh start,” he said. “I have an eagerness and excitement for the game again. I can’t wait to play again on the court.” He’s averaging 7.7 points, 8.0 rebounds and 4.2 assists and 1.2 blocks in six games with Charlotte.

Heat Notes: Butler, Spoelstra, Johnson, Stevens, Rozier

Although his contract situation is the leading factor (he wanted an extension and the Heat haven’t offered one), another part of the reason Jimmy Butler prefers a trade out of Miami is that he’s been hoping the team would be able to acquire more impact players, but it has been unable to do so, according to Shams Charania of ESPN (Twitter video link).

Over the last three years, Jimmy Butler has wanted the Heat to go get him some help in that roster,” Charania said. “They just have not been able to land players. They’ve gone after Kevin Durant, Damian Lillard, Kyrie Irving. They have not been able to land that next big fish with Jimmy Butler.

The writing, in a lot of ways, is on the wall, for the Heat and for Jimmy Butler.

Charania, who first reported that the Heat were willing to entertain offers for the star forward earlier this season, reiterated that Miami doesn’t feel any urgency to move Butler, which has been confirmed by multiple local reporters, including Anthony Chiang and Barry Jackson of The Miami Herald. Head coach Erik Spoelstra responded to the latest reports on Thursday, as Chiang and Jackson relay.

That’s just the deal,” Spoelstra said. “You have to compartmentalize in this business. We want Jimmy here. There’s no ifs, ands or buts about it. And it’s just unfortunate that you have to control or deal with a lot of the noise on the outside. In terms of this morning, this was a pretty focused group coming off of the last game that we came [to Orlando, when the Heat blew a 22-point fourth-quarter lead].

ESPN and The Miami Herald have reported that Butler hasn’t formally requested a trade, but he’s not happy with his situation and is prepared to leave while still being professional. When asked directly if Butler has asked him to be moved, Spoelstra declined to answer.

That’s all I’m going to talk about it,” Spoelstra said. “The more any of us talk about it, the more fuel it gets. It’s just really unfortunate that it just continues to build momentum outside of our building.”

Here’s more on the Heat:

  • All-Star center and team captain Bam Adebayo also addressed the Butler rumors, per Ira Winderman of The South Florida Sun Sentinel. “You go out there and you win games,” Adebayo said. “That’s how you keep the distractions out. You go out there and win games, do it together. Like I said, they’ll handle everything behind closed doors. Obviously, you have the business side of it. So at the end of the day, we’re all a family, we’re all in a brotherhood. So we’ll worry about the basketball games that we have to play.”
  • Dru Smith, who is on a two-way contract, was on track to be promoted to a standard deal before sustaining a torn left Achilles tendon, which will sideline him for the remainder of the season. In the wake of the devastating news, the Heat instead converted rookie forward Keshad Johnson‘s two-way contract into a standard deal. Johnson’s two-way spot was filled by Isaiah Stevens, with both signings officially completed today. “It’s well earned, we’re really happy for them,” Spoelstra said of Johnson and Stevens, per The Herald. “We congratulate them on that.”
  • Will Terry Rozier be able to step up in Smith’s absence? Winderman ponders that question in a subscriber-only mailbag.

Isaiah Stevens Signs Two-Way Contract With Heat

9:49am: Stevens’ two-way deal is official, the Heat confirmed in a press release.


8:43am: The Heat will fill a two-way opening by signing Isaiah Stevens from their Sioux Falls affiliate in the G League, according to Shams Charania of ESPN (Twitter link). The move, which had been expected along with the promotion of Keshad Johnson to the 15-man roster, was confirmed to Charania by Stevens’ agent, Matt Bollero of ProMondo Sports.

Stevens, a 24-year-old point guard, was in training camp with Miami, but was waived before the start of the season. He signed an Exhibit 10 contract in July after going undrafted following four years at Colorado State.

He will be eligible to appear in 31 games with the Heat for the remainder the season, according to Anthony Chiang of The Miami Herald (Twitter link). That’s a prorated portion of the usual 50-game limit.

Stevens is averaging 13.3 points and 10.9 assists in 17 games for the Skyforce, with a shooting line of .500/.317/.931. A three-time All-Mountain West selection, he was outstanding during Summer League as the Heat captured the championship in Las Vegas.

Miami has a December 29 deadline to add a 14th player to its roster — two weeks after trading Thomas Bryant to Indiana — so the moves with Johnson and Stevens will have to be finalized soon. Two-way player Dru Smith appeared to be in line for a promotion, but he suffered a season-ending Achilles tear on Monday.

Heat Promote Keshad Johnson To Standard Roster

DECEMBER 26: Johnson’s promotion is official, the Heat announced in a press release.


DECEMBER 24, 3:20pm: Johnson’s salary for the rest of the 2024/25 season will be fully guaranteed, according to Chiang, who reports (via Twitter) that the signing is expected to become official on Thursday. Stevens is expected to fill the newly opened two-way slot, Chiang confirms.

Assuming Johnson signs a minimum-salary contract, he’ll earn a rest-of-season salary of $724,883, which will also be Miami’s cap hit. However, because Johnson joined the team as a free agent, for the purposes of tax and apron calculations, the deal would count for $1,307,699 (the same as a veteran minimum contract).


DECEMBER 24, 2:57pm: The Heat intend to promote Keshad Johnson to their standard 15-man roster, reports Shams Charania of ESPN (Twitter link).

Johnson, who is currently on a two-way contract, will be converted to a two-year standard deal, according to Charania. The second year will be a team option, tweets Anthony Chiang of The Miami Herald.

Johnson signed a two-way contract with Miami after going undrafted out of Arizona this summer. He has only logged 14 total minutes across three appearances for the Heat, but has been a standout for the team’s G League affiliate, the Sioux Falls Skyforce.

In 13 games with the Skyforce, the 6’7″ forward has averaged 21.2 points, 8.2 rebounds, and 1.5 steals in 34.9 minutes per contest, with an excellent shooting line of .549/.396/.795.

The Heat dropped to 13 players on standard contracts when they traded Thomas Bryant to the Pacers on December 15. Since teams are only permitted to carry fewer than 14 players on standard deals for up to two weeks at a time, the club needs to re-add a 14th man by Dec. 29.

The expectation had been that another two-way player, Dru Smith, would fill that spot, but he suffered a season-ending Achilles tear on Monday, scuttling that plan. Another two-way player will get the promotion instead.

The fact that Johnson is getting a two-year contract suggests the team likely isn’t adding him to the roster as a placeholder, but it’s worth noting that the Heat could give him a non-guaranteed deal and then waive him before the league-wide guarantee date of January 7 if they want to take advantage of their full-season allotment of 28 days below 14 players for financial reasons. Miami’s team salary is currently about $3.7MM below the second tax apron.

While I’d expect Johnson to get a minimum-salary contract, Miami could use the taxpayer mid-level exception to give him more than the rookie minimum. If it’s a prorated minimum contract, his cap hit will depend on when the deal is officially completed.

Johnson’s promotion will open up a two-way slot for the Heat. G League standout Isaiah Stevens is among the top candidates for that opening, tweets Ira Winderman of The South Florida Sun Sentinel.