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Latest On Gabe Vincent, Max Strus

June 30th, 2023 at 11:01am CST by Arthur Hill

Free agent guard Gabe Vincent isn’t satisfied with the Heat‘s contract offer and will likely leave the team unless it improves, sources tell Barry Jackson and Anthony Chiang of The Miami Herald.

Jackson and Chiang report that Miami proposed a deal worth slightly more than the three-year, $20.6MM contract Caleb Martin signed last summer. Vincent was reportedly expecting a lot more after taking over as the Heat’s starting point guard and helping them reach the NBA Finals. Team president Pat Riley traveled to Los Angeles this week to meet with Vincent and urge him to re-sign, according to the authors.

Backcourt partner Max Strus seems certain to get a better deal that what the Heat can offer, according to Jackson and Chiang, who report that a three-team sign-and-trade swap has been discussed that would send Strus to the Cavaliers. They don’t identify who else would be involved, but Miami would receive a trade exception and a second-round pick in return. The Pacers, Pistons and Magic have also been identified as potential destinations for Strus.

Re-signing Vincent or Strus would be expensive for the Heat, who already have $179.3MM committed for next season, which is above the projected $165MM luxury tax line. The authors note that giving either player a new deal starting at $12MM would add more than $30MM to the team’s tax bill.

Marc Stein confirms in his latest Substack column that Cleveland is a legitimate threat to add Strus. Stein, who reported this week that Indiana was considering a three-year, $48MM offer for the 27-year-old shooting guard, has since been told that there are multiple suitors for Strus and that Indiana may not be his most likely destination. Cleveland is working to upgrade its outside shooting, Stein adds.

The Raptors could be an option for Vincent if Fred VanVleet signs with the Rockets, suggests Michael Grange of Sportsnet.ca (Twitter link). Sources tell Grange that Vincent isn’t expected to return to the Heat and that an offer worth the full $12.4MM non-taxpayer mid-level exception should be enough to land him.

Free Agent Rumors: Pacers, Strus, Brown, Kyrie, Westbrook, QOs

June 29th, 2023 at 11:47pm CST by Luke Adams

After reporting on Wednesday that the Pacers are “strongly weighing” a three-year offer worth upwards of $48MM for Max Strus, Marc Stein (Twitter links) cautions that the free agent wing shouldn’t be viewed as a slam dunk to end up in Indiana. While it seems likely that Strus will leave the Heat, there still appear to be multiple suitors in play for him, according to Stein.

Who might the Pacers pursue using their cap room if not Strus? Stein says Indiana has emerged as a team to watch in the Bruce Brown sweepstakes, joining the Lakers, Mavericks, and Nuggets, among others. Indiana will have the ability to offer either Strus or Brown more than the $12.4MM non-taxpayer mid-level exception that over-the-cap teams are limited to.

Here are a few more free agent rumors and notes from around the NBA:

In addition to the Suns, Kyrie Irving has the Lakers, Sixers, and Heat on his list of teams to meet with in free agency, sources tell Duane Rankin of The Arizona Republic. Based on Rankin’s wording, the cap situations for those teams, and a report that cast doubts on whether Kyrie’s meeting with Phoenix will actually happen, it sounds like that list of meetings may be aspirational rather than set in stone.
Russell Westbrook won’t be in a rush to make a decision when free agency opens on Friday, so he’s unlikely to be one of the first players off the board, tweets Law Murray of The Athletic, adding that the former MVP isn’t a “dead set lock” to return to the Clippers.
Johnny Juzang of the Jazz and Julian Champagnie of the Spurs are among the players on two-way contracts who received qualifying offers by Thursday’s deadline, making them restricted free agents, according to Keith Smith of Spotrac (Twitter links).

Free Agent Rumors: Brown, Lakers, Bridges, Cavs, Heat, Love

June 29th, 2023 at 1:11pm CST by Luke Adams

The Lakers are “increasingly confident” about their chances of signing Bruce Brown using the non-taxpayer mid-level exception, multiple sources tell Jovan Buha of The Athletic.

The Denver Post first reported on Wednesday that the Lakers have “significant” interest in Brown. A subsequent report suggested that the Nuggets‘ free agent guard may receive offers worth more than the mid-level, which would be virtually impossible for L.A. to match. However, Buha’s latest report suggests the Lakers still feel good about their odds of landing the versatile guard.

As Buha details, there’s a path for the Lakers to re-sign D’Angelo Russell, Austin Reaves, and Rui Hachimura while also using the full mid-level exception, which would hard-cap their team salary at approximately $172MM. That path would require the club to decline Malik Beasley‘s $16.5MM team option and waive Mohamed Bamba, whose $10.3MM salary is non-guaranteed.

Here are a few more free agent rumblings from around the NBA:

The Cavaliers have interest in Hornets restricted free agent Miles Bridges, sources tell Chris Fedor of Cleveland.com. However, with only the mid-level exception to offer, Cleveland is a long shot to land Bridges, given that Charlotte would match a mid-level offer sheet “in an instant,” Fedor writes. Sources tell Cleveland.com that Bridges’ camp is expecting a significantly higher per-year salary.
Elsewhere within his look at the Cavaliers‘ options in free agency, Fedor says Max Strus would be near the top of the team’s wish list if he’s attainable with the mid-level exception, which he may not be. Fedor adds that Cleveland is in the market for more forward depth in addition to a two-way wing, naming Georges Niang as a possible target.
The Heat and Kevin Love have mutual interest in working out a new deal, according to Barry Jackson of The Miami Herald. Miami only holds Love’s Non-Bird rights, so he’d likely have to accept a minimum-salary contract or something slightly above that if he wants to return.
In an entertaining piece for GQ.com, Howard Beck speaks to a number of anonymous team executives about their expectations for the NBA’s 2023 offseason.

Stein’s Latest: Barnes, Reaves, Rockets, Harden, Irving, More

June 29th, 2023 at 10:30am CST by Arthur Hill

The Pacers‘ interest in signing Max Strus may be an indication that free agent forward Harrison Barnes will remain with the Kings, Marc Stein writes in his latest Substack column.

Stein reported recently that Indiana was interested in adding Barnes, who has huge supporters in Rick Carlisle, his former coach in Dallas, and Tyrese Haliburton, his ex-teammate in Sacramento. However, the Pacers only have $30MM in cap space, and Stein assumes Barnes is no longer in their plans if they’re preparing an offer for Strus in the $16MM range.

Sacramento radio host Carmichael Dave tweets that Barnes’ return to the Kings is “picking up major steam,” but the final details of a new contract still have to be worked out.

Stein offers inside information on a few more free agents:

Even though the Lakers are reported to have significant interest in Bruce Brown, Stein believes somebody will offer the Nuggets free agent more than the mid-level exception. L.A. appears certain to match any offer for restricted free agent Austin Reaves, who is eligible for nearly $102MM over four years from a rival team. A source told Stein that it should be considered an “automatic match.”
Fred VanVleet and Dillon Brooks are increasingly expected to commit to the Rockets shortly after the start of free agency, according to Stein, who says there would be “legitimate leaguewide surprise” if it doesn’t happen. Stein hears that Brooks will likely get a two-year contract with an annual salary in the $14-16MM range, while Houston is prepared to make a two-year, maximum-salary offer of $83.6MM for VanVleet. Stein states that the Rockets are confident new coach Ime Udoka can maximize Brooks’ game while limiting his excesses, while VanVleet is viewed as a leader and culture setter for a young roster.
The “prevailing expectation” is that Sixers guard James Harden and Mavericks guard Kyrie Irving will re-sign with their current teams, according to Stein. He added that it remains difficult to project the length and dollar value of their new contracts as of Thursday morning.
According to Stein, multiple rival teams expect Andre Drummond to join the Mavericks, who added two new centers last week by drafting Dereck Lively II and trading for Richaun Holmes. Sources tell Stein that free agent Christian Wood and JaVale McGee are no longer in the team’s plans, though McGee has one more guaranteed year left on his contract, along with a $6MM player option for 2024/25.
Free agent guard Damion Lee is considered likely to sign a new deal with the Suns, Stein adds.

Wolves Notes: Prince, Free Agency, Reid, Miller, Edwards

June 29th, 2023 at 9:39am CST by Arthur Hill

The Timberwolves waived Taurean Prince on Wednesday to avoid guaranteeing his $7,455,000 salary for the upcoming season, but there’s a chance he could be re-signed, according to Jon Krawczynski of The Athletic.

The decision was purely financial, Krawczynski adds, with president of basketball operations Tim Connelly needing to create some flexibility ahead of looming extensions for Anthony Edwards and Jaden McDaniels. Minnesota may be interested in bringing back Prince at a lower cost, depending on what happens early in free agency, sources tell Krawczynski.

The 29-year-old power forward has been a dependable part of the Wolves’ rotation during his two seasons with the team. He averaged 9.1 points and 2.4 rebounds in 22.1 minutes per night last season, and Krawczynski notes that Minnesota was 7-13 during a 20-game stretch he missed due to an injured shoulder.

The Wolves attempted to trade Prince’s contract before the salary guarantee date, Krawczynski adds. They talked to the Wizards about veteran point guards Monte Morris and Delon Wright, but weren’t able to make any progress toward a deal, sources tell Krawczynski.

There’s more from Minnesota:

With Prince’s salary off the books, the Wolves are now about $15.5MM under the tax line with four open roster spots. They’ll be able to use the non-taxpayer mid-level exception when free agency begins Friday, and Krawczynski identifies a few names they might target. Among them are Eric Gordon, Bruce Brown, Dennis Schröder, Jevon Carter, Max Strus and Donte DiVincenzo, although all will have numerous suitors with similar financial resources.
In a separate story, Krawczynski discusses the implications of Naz Reid‘s new contract with Danny Leroux of The Athletic. The Wolves gave Reid a three-year extension at $42MM to keep him off the free agent market, but it will lead to some difficult decisions moving forward. Leroux points out that the new deals with Edwards and McDaniels, combined with the existing contracts for Karl-Anthony Towns and Rudy Gobert, will be enough to push Minnesota close to the tax line starting in 2024/25.
It appears Connelly is willing to give the Gobert experiment another year or two to succeed while stocking the roster with inexpensive young talent, writes Jim Souhan of The Star Tribune. One of those pieces is second-round pick Leonard Miller, who was acquired from the Spurs in a draft night trade. “I don’t really know what position Leonard is,” Connelly said. “He grew up as a forward, so I think he can — I know he can — guard three positions. Then, offensively, I’ll let coach (Chris) Finch determine where he can best be deployed. What’s neat about the flexibility of our bigs is that while Rudy is a pure (center), we have some other guys who can play both (forward and center). Offensively, we have a bunch of guys that their skill set allows them to do things all over the court than, generally, most bigs can.”
Edwards has signed with WME Sports ahead of his extension talks, the agency announced (via Twitter).
In case you missed it, we took a deep dive into McDaniels’ case for a rookie scale extension.

Pacers Considering $48MM Offer For Max Strus

June 28th, 2023 at 8:00pm CST by Arthur Hill

The Pacers are “strongly weighing” a three-year offer in the $48MM range for free agent shooting guard Max Strus, Marc Stein writes in his latest Substack column.

Several teams are interested in Strus, who is likely to receive a new deal that exceeds the $12.4MM non-taxpayer mid-level exception, Stein adds. With more than $30MM in cap room, Indiana is in position to outbid many of its rivals.

Echoing a report from Jake Fischer earlier today, Stein states that Strus appears “almost certain” to be on the move after spending the past three seasons with the Heat. Fischer cited the Pistons and Magic as other teams with cap room that might make an offer to Strus.

Miami reportedly doesn’t want to commit the resources it would take to re-sign both Strus and Gabe Vincent, and it appears that Vincent is more of a priority.

Strus, 27, started all 23 playoff games for the Heat during their run to the NBA Finals. He was outstanding for most of the postseason, but struggled against Denver, shooting just 10-of-43 from three-point range.

Heat Decide Against Using Stretch Provision On Kyle Lowry

June 28th, 2023 at 4:25pm CST by Luke Adams

JUNE 28: The Heat have decided against using the stretch provision on Lowry, according to Jackson.

The team will look to use Lowry’s expiring contract in a trade this offseason for Lillard or another player, but if no deal emerges, Miami is comfortable beginning the season with the veteran guard on its roster and revisiting trade scenarios during the season, says Jackson.

JUNE 27: The Heat have been considering the possibility of waiving and stretching the final year of Kyle Lowry‘s contract if they’re unable to find a suitable trade involving the veteran point guard, two sources tell Barry Jackson of The Miami Herald.

Lowry will earn approximately $29.7MM in the last season of his three-year contract with the Heat. That expiring salary could be useful for matching purposes if Miami makes a trade for a player like Damian Lillard.

However, if the team doesn’t make any major deals and wants to re-sign Gabe Vincent and/or Max Strus, its salary projects to be far beyond the luxury tax line, meaning that waiving and stretching Lowry would generate substantial savings.

Using the stretch provision on Lowry would spread his cap hit across three seasons, with charges of approximately $9.9MM per year. As Jackson outlines, going that route would reduce Miami’s salary commitments for 2023/24 from about $178.5MM to $158.5MM, moving the team at least temporarily out of tax territory and well below both tax aprons.

In that scenario, the Heat would probably surpass the tax line ($165MM) again by re-signing Vincent, but would be on the hook for a much smaller bill and could stay below the restrictive second tax apron ($179.5MM).

Besides potentially being a useful salary-matching trade chip, Lowry also still has some value on the court, having averaged 11.2 PPG, 5.1 APG, and 4.1 RPG in 55 regular season games (31.2 MPG) last season. So Miami is unlikely to waive him early in the offseason simply to save some money, especially when stretching his salary would add nearly $10MM in new money to the club’s books in both 2024/25 and ’25/26.

Still, Jackson’s report suggests the stretch provision is an option the Heat aren’t ruling out, and it’s worth noting there’s no rush to make a decision immediately — Lowry’s contract could be stretched anytime before September 1.

Victor Oladipo, who will likely exercise his $9.45MM player option this week, is another potential waive-and-stretch candidate for the Heat, Jackson notes.

Heat Rumors: Vincent, Strus, Lowry, Wood, Herro

June 28th, 2023 at 1:23pm CST by Luke Adams

The Heat have two rotation guards facing unrestricted free agency this week, and Gabe Vincent is considered a better bet to remain in Miami than Max Strus, writes Jake Fischer of Yahoo Sports.

There’s mutual interest in a new deal between the Heat and Vincent, whom the team values at a figure of about $10MM per year, sources tell Yahoo Sports.

As Fischer outlines, teams like the Suns, Pistons, Sixers, and Mavericks initially appeared to be among Vincent’s potential suitors. However, the Suns were probably only in play if they’d been forced to waive-and-stretch Chris Paul, while the Pistons may no longer be in the market for a free agent guard after making a trade for Marcus Sasser on draft night. Philadelphia and Dallas, meanwhile, would have interest in a guard like Vincent if they’re unable to re-sign James Harden and Kyrie Irving, respectively, but for now those stars appear likely to stick with their current teams.

Strus should be more popular on the open market, with cap-room teams like the Pistons, Pacers, and Magic among the possible suitors cited by league personnel, Fischer writes. Some clubs with the full mid-level exception will also have interest in Strus, according to Fischer — he mentions the Cavaliers as one, though he notes that Cleveland is also eyeing free agents like Kelly Oubre and Georges Niang.

ESPN’s Zach Lowe said on his latest Lowe Post podcast that there’s a “ridiculous” amount of Strus buzz happening around the NBA right now. Lowe is confident that Strus will at least get a deal worth the full mid-level exception ($12.4MM) and says a team with cap room might top that figure, which is a point Fischer makes as well. People around the league aren’t expecting Strus to re-sign with the Heat, Fischer adds.

Here’s more on the Heat:

If Miami re-signs Vincent and doesn’t find a trade that requires Kyle Lowry‘s $29.7MM expiring contract, league personnel are preparing for the possibility that the Heat will waive Lowry, says Fischer. A report on Tuesday indicated that the team was considering the possibility of using the stretch provision on the veteran point guard. There’s already speculation about his possible free agent destinations, Fischer says, noting that a return to the Raptors would be a possible path for Lowry in that scenario.
Christian Wood has been continually identified by league personnel as a player who is on the Heat’s radar in free agency, Fischer reports. Wood isn’t expected to re-sign with Dallas.
If the Heat get the opportunity to make a play for Damian Lillard, there’s an expectation that Tyler Herro will be part of the package they offer the Trail Blazers. However, sources tell Chris Mannix of SI.com that Portland is “lukewarm” on Herro. It’s a moot point for now, since the Blazers remain focused on keeping Lillard. But if Dame does request a trade, it could become an important factor in trade talks.

Heat Willing To Wait For Damian Lillard

June 27th, 2023 at 9:29pm CST by Dana Gauruder

The Heat aren’t giving up their pursuit of Damian Lillard. They’re taking a wait-and-see approach with the hope that Lillard will eventually request a trade, Barry Jackson of the Miami Herald reports.

Miami views Lillard as a player worth waiting for, as Jackson describes it, with no other viable paths to significantly upgrade the roster in the short term.

Lillard and his agent met with Trail Blazers general manager Joe Cronin on Monday. Cronin issued a short statement after the meeting, saying the two sides had a “great dialogue” and that the Blazers “remain committed to building a winner around Dame.”

Portland’s front office will try to make moves to markedly improve its roster and appease Lillard. If the Blazers are unable to do so, it’s still quite possible that Lillard finally asks to be moved.

It would be helpful for the Heat if that request came before August 31, the deadline to use the waive-and-stretch provision on Kyle Lowry‘s contract. Lowry’s $29.7MM expiring contract could be integral in a trade with Portland.

Beyond Lillard, an All-Star talent level may be out of reach for the tax-paying Heat. However, they are intent on keeping at least one of their key free agents. Gabe Vincent is expected to meet with Heat president Pat Riley in Southern California before free agency begins on Friday, according to Jackson. Miami holds his Bird rights.

Vincent appears to be a bigger priority for the Heat than fellow free agent Max Strus, who’s also expected to have multiple suitors in the open market.

A league source tells Jackson that Danilo Gallinari, who was included in the Kristaps Porzingis trade, could be a low-cost free agent target if, as expected, he receives a buyout from the Wizards.

Fischer’s Latest: Jazz, Cavs, Wolves, DiVincenzo, Gallinari, More

June 27th, 2023 at 12:47pm CST by Luke Adams

The Jazz‘s trade for John Collins and the Timberwolves‘ extension agreement with Naz Reid are two transactions that could have a ripple effect on other offseason activity, Jake Fischer writes in his latest story for Yahoo Sports.

As Fischer explains, the Jazz were expected to be a player for forwards in free agency, with Celtics RFA Grant Williams among Utah’s rumored targets. The Jazz still project to have cap room available, especially if Jordan Clarkson doesn’t remain with the team, but after adding Collins to a frontcourt that now features Lauri Markkanen, Walker Kessler, and lottery pick Taylor Hendricks, it’s hard to see them spending big on another forward or center, Fischer observes.

As for Reid, the Cavaliers were among the teams that hoped to take a run at him in free agency, sources tell Fischer. It’s unclear whether Cleveland – which should have the full mid-level exception available – will pivot to pursuing another significant frontcourt addition to complement Jarrett Allen and Evan Mobley or whether the club specifically valued Reid highly, Fischer writes.

Meanwhile, opposing executives are curious about how the Timberwolves’ new deal with Reid might affect the rest of their roster. In particular, Fischer says, rival teams are wondering if Minnesota might waive veteran wing Taurean Prince, whose $7.5MM salary for 2023/24 is non-guaranteed.

With Prince on the books, the Wolves likely won’t have access to the full non-taxpayer mid-level exception, and they’re believe to be in the market for a combo guard with size using that MLE, according to Fischer, who names Bruce Brown and Donte DiVincenzo as two possible targets.

Here’s more of Fischer’s latest reporting:

Minnesota is hardly the only team with interest in DiVincenzo. There has been “growing noise” among league personnel about the possibility of DiVincenzo joining the Knicks and teaming up with fellow Villanova alums Jalen Brunson and Josh Hart, says Fischer.
Teams with cap room, including the Pacers, Magic, and Pistons, are believed to be eyeing players like Grant Williams (RFA) and Max Strus, according to Fischer, though he has heard the same rumblings that Marc Stein has about Detroit potentially using its room to make a room at Cameron Johnson. If the Nets bring back Johnson, rival executives are prepared for Brooklyn to make a cost-cutting trade to help accommodate Johnson’s increased salary.
The Wizards are considered likely to reach a buyout agreement with Danilo Gallinari, freeing up the veteran forward to pursue a deal with a team closer to contention, Fischer reports. Gallinari would be ineligible to re-sign with the Celtics in that scenario.
The Rockets are considering high-salary, short-term deals in order to land their preferred targets in free agency, per Fischer, who suggests it might take a maximum-salary offer to lure Fred VanVleet away from the Raptors. VanVleet is rumored to be one of Houston’s top priorities in free agency.
In case you missed it, we passed along more of Fischer’s latest tidbits in a pair of stories earlier today.