Victor Oladipo

Thunder Notes: Holmgren, Mann, Williams, Presti

No matter what else happened for the Thunder, the highlight of Summer League was seeing Chet Holmgren back on the court, writes Joe Mussatto of The Oklahoman. After missing all of last season with a Lisfranc injury to his right foot, the No. 2 pick in the 2022 draft showed off his potential in Salt Lake City and Las Vegas, averaging 16.5 points, 9.8 rebounds and 2.0 assists in four games.

While he looked rusty in some areas, such as committing 15 turnovers and shooting 1-of-9 from three-point range, Mussatto notes that the most encouraging part of Holmgren’s game was watching him protect the basket. He averaged 3.5 blocks per game and used his 7’1″ frame to alter numerous other shots.

“Conditioning wise, there’s millions of hurdles you have to go through in the process of returning to play,” Holmgren said after his Summer League return. “Not being able to play a game for a year, it’s really hard to test and see where you are. … It’s definitely something I have to continue to work on, and I’ll be ready by the time training camp starts. I feel like I’ll have myself prepared to be in in-season shape.”

There’s more on the Thunder:

  • Tre Mann was shut down in Las Vegas due to an avulsion fracture in his right middle finger, but it’s not believed to be a long-term concern, Mussatto adds. The Thunder expect the backup point guard to resume basketball activities by the end of July.
  • The selection of Jaylin Williams in the second round of last year’s draft will allow Holmgren to spend more time at power forward and avoid the physical contact that comes with playing center, notes Anthony Slater of The Athletic. Williams is a rugged 6’10” big man who led the NBA in drawing charges last season and shot 40.7% from beyond the arc. “It’s good because it allows my length to be found in the game in different ways,” Holmgren said of playing alongside Williams. “When he’s at the five, he’s in (screen) coverage more, and I’m able to kind of move around and roam the court a little more on defense, be the low man in help and be able to come over for blocks if somebody gets beat or use my length in the passing lanes and as an on-ball defender.”
  • General manager Sam Presti didn’t add anyone this summer who projects as a long-term keeper, Slater observes in the same piece. Presti opted to use his cap room to collect more draft assets while taking on the contracts of Davis Bertans, Victor Oladipo and Rudy Gay. Slater views Oladipo and Gay as buyout options, while Bertans may reach that status eventually with just $5MM guaranteed for 2024/25. Presti also traded for former first-round picks Usman Garuba and TyTy Washington, but Slater doubts that they’ll see much playing time considering the talent that’s already in place.

Heat Trade Victor Oladipo To Thunder

JULY 6: The Heat have officially traded Oladipo to the Thunder along with Miami’s own second-round picks in 2029 and 2030, the team announced (via Twitter). According to the Thunder’s own press release, Miami acquired cash in the deal.


JUNE 30: The Heat are offloading reserve shooting guard Victor Oladipo to the Thunder, sources inform Shams Charania of The Athletic (Twitter link).

The Thunder will receive a pair of second-round picks from the Heat as part of the trade agreement, tweets Ira Winderman of The South Florida Sun Sentinel.

The Heat, meanwhile, will net a $9.45MM trade exception by flipping his salary. Miami also still has a $4.7MM trade exception from its February deal of big man Dewayne Dedmon.

Earlier this week, the injury-plagued former All-Star picked up his player option for the 2023/24 season. Oladipo tore his left knee patellar tendon during Miami’s first round matchup against the Bucks.

As Bobby Marks of ESPN details (via Twitter), the Thunder will absorb Oladipo’s salary into its available cap space. After the deal, Oklahoma City should still have an estimated $7.2MM in available money at its disposal, as well as the $7.8MM room exception. The club currently has 16 players under contract, and will need to make more moves to reduce its head count to 15 for its standard roster this fall.

With 11 players currently signed, meanwhile, the Heat now have $172MM in committed salary. While Miami is in the luxury tax, this move shifts the team $6.5MM beneath the highly punitive second tax apron. As Yossi Gozlan of HoopsHype (Twitter link) notes, the team is in better position to use its $5MM taxpayer mid-level exception, but still may have to shed a little salary to do so.

Should the 31-year-old Oladipo remain with the Thunder, it would represent his second tour of duty with the team. After being drafted by the Magic with the second overall pick out of Indiana in 2013, he spent three seasons with Orlando before being dealt to Oklahoma City in 2016. The Thunder flipped him to the Pacers as part of the Paul George trade the following summer. With the Pacers, Oladipo blossomed into a two-time All-Star thanks to a versatile scoring touch and stellar perimeter defense.

His major lower body injury issues first began to plague him in Indiana, and he has since been trying to find his footing as a defense-first role player with the Rockets and Heat. During his 42 healthy regular season contests with Miami in 2022/23, the 6’4″ vet averaged 10.7 PPG, 3.5 APG, 3.0 RPG and 1.4 SPG in 26.3 MPG, mostly off the Heat bench.

Heat Decide Against Using Stretch Provision On Kyle Lowry

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’s Victor Oladipo Exercises Player Option

Heat guard Victor Oladipo has exercised his $9.45MM option, ESPN’s Adrian Wojnarowski tweets.

The move was expected and makes complete financial sense for Oladipo, who tore the patellar tendon in his left knee early in the postseason.

Oladipo inked a two-year, $18.2MM deal with Miami last summer, which included the player option. Oladipo’s contract decision adds another burden to the Heat’s bloated salary cap.

If all goes well in his rehab, he could be back in action early next season.

Oladipo has been snake-bit by major injuries during his career. He ruptured the quadriceps tendon in his right knee during the 2018/19 season while still with the Pacers, then underwent a second operation on the quad late in the 2020/21 season while with the Heat.

Across his 42 healthy games during the 2022/23 regular season, the former two-time All-Star averaged 10.7 PPG on .397/.330/.747 shooting, along with 3.5 APG and 3.0 RPG.

Oladipo is now on track for unrestricted free agency in 2024.

Heat Notes: Lillard, Herro, Beal, Draft, Riley

With Bradley Beal off the trade market, the Heat are shifting their focus to Damian Lillard and believe they have a real chance to acquire the Trail Blazers star, Barry Jackson of The Miami Herald writes, confirming previous reporting from Chris Haynes.

In his latest story for The Herald, Jackson looks at potential packages the Heat could offer for Lillard if he becomes available, noting that the deal would likely start with two players out of the trio of Tyler Herro, Kyle Lowry, and Duncan Robinson. Miami’s proposal could include up to three first-round picks, including this year’s No. 18 selection.

As Jackson observes, if the Heat want to preserve their draft assets, they could put forth a more player-centric offer headed by Herro, Caleb Martin, Nikola Jovic, and Victor Oladipo‘s expiring contract, with perhaps just one or two picks included.

If Miami makes a deal for Lillard, Anthony Chiang of The Miami Herald writes in a separate story, it likely won’t occur until July, when the new CBA will be in effect and the Heat will only be able to take back up to 110% of their outgoing salary in a trade instead of 125%. While Lillard could be traded in June before the new CBA begins, including Herro in an offer would probably require Miami to wait until next month, since his rookie scale extension will begin in July, increasing his outgoing trade value from $5.7MM to $27MM.

Here’s more on the Heat:

  • Having previously reported that Beal would have been willing to waive his no-trade clause to join the Heat, Jackson provides more information, tweeting that two sources close to Beal said the guard would approved a move to either Miami or Phoenix. As Jackson explains (via Twitter), the Wizards simply preferred the Suns‘ offer to the Heat’s, in large part because Miami’s offer – believed to be built around Lowry and Robinson – featured nearly twice as much guaranteed money.
  • Heat assistant general manager Adam Simon spoke to Ira Winderman of The South Florida Sun Sentinel about the extensive work the team has done to prepare to make the No. 18 pick in this Thursday’s draft, despite the fact that the selection could end up being used in a trade.
  • Heat president Pat Riley will hold an end-of-season press conference and speak to reporters on Tuesday, tweets Jackson. Of course, he won’t be able to talk about any players under contracts with other teams, such as Beal or Lillard.

Latest On Bradley Beal

Heat officials engaged in multiple conversations with representatives for Wizards guard Bradley Beal as they tried to work out a trade, sources tell Anthony Chiang and Barry Jackson of The Miami Herald. Beal hasn’t asked to be dealt, but he’s willing to be moved to “more than a handful of teams,” according to the authors. The fact that Miami is in position to compete for a title is important to Beal, Chiang and Jackson add.

The Heat and Suns are considered the leading contenders to land Beal as talks intensified on Saturday. The Wizards are reportedly motivated to get a deal done quickly so another star player such as Damian Lillard doesn’t become available and reduce their leverage. Washington is also believed to be seeking a trade that doesn’t involve taking on long-term salary.

Miami’s offer reportedly includes Kyle Lowry‘s $29.7MM expiring contract, along with either Duncan Robinson or Victor Oladipo to help match salary. The Heat would prefer to move Robinson because he has a larger contract, which would help reduce the team’s projected tax bill for 2024/25 and 2025/26, according to Chiang and Jackson. Miami will also include at least one first-round pick in the deal, the authors add.

Currently, the Heat can offer the No. 18 choice in this year’s draft, along with a first-rounder in either 2028 or 2029. Chiang and Jackson point out that if the deal isn’t completed until after July 1, Miami would be able to include its first-round selection in 2030.

There’s more on the Beal trade talks:

  • There are some important dates to consider in any potential Heat trade involving Beal or Lillard, tweets Ira Winderman of The Sun-Sentinel. Oladipo has to pick up his player option for 2023/24 before he can be included. That’s likely a formality considering the serious knee injury he suffered in the playoffs, but he has until June 29 to make it official. If Tyler Herro is involved, there’s a poison pill restriction in his contract that doesn’t expire until July 1. Until then, his salary will be considered $5.7MM for outgoing matching purposes, rather than the $27MM he will make when his extension begins next season. Also, Lillard is ineligible to be traded until July 9.
  • Beal’s ability to play off the ball would make him an easy fit alongside Kevin Durant and Devin Booker in Phoenix, observes Gerald Bourguet of PHNX Sports. However, the three players’ combined salaries would start at $131MM next season and would reach $163MM by 2025/26. That would leave the Suns, who are already lacking in depth, with few options to build a roster without being subject to the harshest provisions of the new Collective Bargaining Agreement.
  • At least one rival team is skeptical that the Heat are serious about acquiring Beal, tweets John Gambadoro of Arizona Sports 98.7 FM. Gambadoro also hears that the Bucks have interest in Beal, but much of their draft capital over the next four years already belongs to the Pelicans (Twitter link).

Southeast Notes: Kuzma, Beal, Oladipo, Snyder, Hornets

As the Bradley Beal trade rumors percolate, Ian Begley of SNY.tv says some people within the Wizards organization “voiced concerns” last season about the fit between Beal and forward Kyle Kuzma. While Begley acknowledges that the team has revamped its front office and may view things differently now, it appears increasingly unlikely that Beal and Kuzma will play together next season, with one on the trade block and one headed for free agency.

Meanwhile, David Aldridge and Josh Robbins of The Athletic weighed in on the latest Beal trade rumors, taking a closer look at the Wizards’ talks with the Suns and Heat. According to The Athletic’s duo, Washington would have interest in acquiring Tyler Herro in a deal with Miami, but the Heat are instead offering Duncan Robinson (along with Kyle Lowry and multiple first-round picks).

Despite rumors indicating that Chris Paul – and not Deandre Ayton – would need to be included in the Suns’ offer for Beal in order to satisfy all parties, Aldridge and Robbins suggest that Ayton could still be the centerpiece of Phoenix’s offer.

Here’s more from around the Southeast:

  • Heat guard Victor Oladipo is accusing his business manager of taking money from his bank accounts to buy a condo in Florida and a strip club in New York City, per Justin Rohrlich of The Daily Beast. Oladipo has filed suit in New York against James B. Henderson for stealing at least $1.3MM. Oladipo filed a separate lawsuit last year in Florida’s Orange County Circuit Court.
  • While some observers believed that Quin Snyder wouldn’t have joined the Hawks unless he was given ultimate control of the roster, he adamantly denies that’s the case, according to Jeff Schultz of The Athletic. “The only role (general manager) Landry (Fields) and (assistant GM) Kyle (Korver) and I talked about when I agreed to come to Atlanta is me coaching the team,” Snyder said. “That’s what I like and it’s also what I’m passionate about. Any speculation about me having a more significant role than providing input on personnel decisions is just not accurate. I have total confidence in Landry and his group to make those decisions. As I see it, my job is to maximize the potential of the personnel, whatever the personnel is. That’s where my focus lies. That speculation is erroneous.”
  • A number of draft experts expect the Hornets to select Brandon Miller at No. 2 in next Thursday’s draft, but Roderick Boone of The Charlotte Observer makes a case for Scoot Henderson to be the pick. The guard’s stock has been on the rise as of late, Boone writes, with rumors circulating that teams want to trade up for Henderson, not Miller.

Arthur Hill contributed to this post.

Heat, Suns In Serious Talks For Wizards’ Bradley Beal

1:51pm: The Heat are trying to acquire Beal without moving Herro, according to Anthony Chiang of The Miami Herald (Twitter link).

Barry Jackson of The Miami Herald (Twitter link) says the package discussed by Miami would be built around Lowry and draft assets, with Robinson or Oladipo also included for salary matching.

The Wizards appear to be trying to avoid taking back long-term money, tweets Ira Winderman of The South Florida Sun Sentinel. That suggests that a Suns offer would likely involve Paul rather than Ayton.


12:54pm: The Wizards are engaged in serious talks about a Bradley Beal trade with two separate suitors, according to Shams Charania of The Athletic (Twitter link), who reports that the Heat and Suns are in the mix for the star guard.

Miami has long been viewed as a potential landing spot for Beal if he’s dealt, whereas Phoenix is more of a newcomer to the sweepstakes. Charania refers to the Heat and Suns as “finalists” for Beal, though it’s unclear if the Wizards are fully committed to moving forward on a trade or whether other clubs will still have a chance to get involved.

As first reported on Wednesday, Beal and the Wizards have begun to talk to one another about the possibility of a trade, with the team’s new front office – led by Michael Winger – considering the idea of resetting the roster. Any major changes in D.C. would almost certainly include moving Beal, who is owed nearly $208MM over the next four years.

Because Beal has a full no-trade clause, he has a significant amount of control over not only his eventual landing spot but the return the Wizards receive for him, since he could veto a deal if he thinks his new team is giving up too much. Beal’s camp – including agent Mark Bartelstein – has reportedly been granted permission by the Wizards to speak to potential suitors.

Beal’s current cap hit is $43.3MM and that number will increase to $46.7MM in 2023/24, so substantial outgoing salary will be required to match that figure and meet the NBA’s trade rules.

A Heat trade for Beal would likely start with either Tyler Herro or Kyle Lowry. Herro will make $27MM next season in the first year of his four-year rookie scale extension, while Lowry will be on a $29.7MM expiring contract. Duncan Robinson ($18.2MM), Victor Oladipo ($9.5MM), and Caleb Martin ($6.8MM) are among the other possible trade candidates for the Heat, who have up to three first-round picks available, including this year’s No. 18 selection.

As for the Suns, it’s safe to assume Kevin Durant and Devin Booker wouldn’t be included in an offer for Beal. That means a proposal would have to start with either Chris Paul or Deandre Ayton, depending on whether Washington would prioritize expiring salary (Paul) or a young building block who is under contract for multiple years (Ayton). Paul has a partially guaranteed $30.8MM salary for 2023/24 without any guaranteed money owed to him beyond next season, while Ayton will make $102MM over the next three years.

Landry Shamet ($10.3MM) and Cameron Payne ($6.5MM) are other movable Suns players for matching purposes, though Phoenix doesn’t have much to offer in the way of future draft picks after sending four first-rounders to Brooklyn for Durant in February. The Suns would only be able to sweeten an offer with second-round picks or with a first-round swap in 2024 and/or 2026.

Both the Heat (with Jimmy Butler and Bam Adebayo) and the Suns entered the offseason expected to scour the trade market for impact players capable of complementing their star duos. The two teams project to be taxpayers going forward, so their flexibility to make major moves may be limited after the 2023/24 league year as more rules from the new Collective Bargaining Agreement take effect.

The Heat have also been linked to Damian Lillard, though there’s no indication yet that he’ll be available this summer. The Suns are said to have some interest in Malcolm Brogdon and John Collins, among others.

Heat Notes: Offseason, Vincent, Strus, Herro, Lillard, Beal

After an improbable run to the NBA Finals, the Heat face an offseason filled with important financial decisions, writes Anthony Chiang of The Miami Herald.

Miami has just seven players with guaranteed salaries for next season, but Victor Oladipo is almost certain to pick up his $9.5MM option after suffering a knee injury in the playoffs and the team is expected to guarantee Haywood Highsmith‘s $1.9MM salary. With an estimated cap hit of about $3MM for the No. 18 pick, the Heat will have roughly $176MM committed, putting them well over the projected $162MM luxury tax line and in sight of the new $179.5MM second apron.

Kevin Love, Max Strus, Gabe Vincent and Cody Zeller are all headed to unrestricted free agency, while Omer Yurtseven will be restricted if Miami makes a $2.26MM qualifying offer. In addition, Miami has already been linked to potential trades involving Damian Lillard and Bradley Beal.

“The goal is to win a championship, and this organization will do anything possible for that to happen,” Bam Adebayo said at Wednesday’s exit interviews. “I feel like everybody in here knows it’s a business. And that’s why you cherish the moments you go through with your teammates, with your brothers because you never know what can happen next year.”

There’s more from Miami:

  • The Heat hold Bird rights on Vincent and Strus, so they can go over the cap to re-sign them, although that would increase their tax bill, Chiang adds. Both players indicated that they plan to explore all their options. “Money plays a role, place plays a role, situation plays a role,” Vincent said. There’s a lot of things that factor in and I think it will all take care of itself throughout the summer.”
  • Tyler Herro didn’t address reporters on Wednesday, but coach Erik Spoelstra expanded on his decision to not use him in Game 5, per Ira Winderman of The Sun-Sentinel. Herro received medical clearance Monday afternoon after missing nearly two months following hand surgery. “It’s also my job, as the head coach, to protect him, and do what we think was best for the team,” Spoelstra said. “… And there’s no knowing for sure, but I do know that that was just a totally unusual circumstance that you can’t compare to anything else. But the good news is he’ll have a great offseason and he’ll be fully ready to go next year.”
  • With trade rumors flying around the Heat, Barry Jackson of The Miami Herald proposes a scenario in which the team could acquire both Lillard and Beal while keeping Adebayo and Jimmy Butler.

Heat Notes: Love, Lowry, Roster, Oladipo

While Kevin Love admits that he thought he was a “collision course” with his old team in the second round of the playoffs, he didn’t derive any extra pleasure from seeing the Cavaliers sent home while his Heat advanced, writes Mike Vorkunov of The Athletic. As Love explains, he holds no ill will toward the Cavs — he sought a buyout simply because he wanted to have the sort of role that he no longer had in Cleveland.

“I think more than anything I just wanted to I want to be a part of it,” he said. “I wanted to be out there. I felt like I could be productive and help win more than just being a great vet and then helping those guys along. Because I still love those guys. I’m still on the group chat with them. But definitely know I have a lot more to give and just wanted to play.”

Love gave up a little money to secure his release from the fourth-seeded Cavs and confirms he considered joining the third-seeded Sixers before signing with the Heat, who ultimately claimed the No. 8 spot in the East. The move down the standings was somewhat unusual for a veteran on the buyout market, but Miami’s postseason success so far has vindicated Love’s decision.

“You always talk about culture, but until you get here, it’s pretty eye-opening that its level of professionalism is not really rivaled anywhere else,” Love said of the Heat. “It’s a beautiful thing.”

Here’s more on the Heat:

  • Both Love (nine points, five rebounds, four assists) and veteran point guard Kyle Lowry (18 points, six assists, four blocks) turned back the clock with their performances in Miami’s Game 1 win over New York, writes Brian Lewis of The New York Post. Lowry’s two years in Miami have been up and down – he has missed significant time due to injuries and personal matters – but his teammates believe in his ability to come up big in the postseason. “(Lowry) is a winner. He’s our leader, whether he’s starting or coming off the bench,” Jimmy Butler said on Sunday. “He’s a champion, and he’s been doing a great job for us all year long and since he’s been here. He’s one of the engines that helps us go, and we’re going to ride that wave.”
  • As the Heat look to become the second ever No. 8 seed to make it to the conference finals, Anthony Chiang of The Miami Herald explores whether the team’s roster was built specifically for playoff success.
  • With Victor Oladipo‘s availability for next season up in the air as a result of his left knee injury, Barry Jackson of The Miami Herald wonders whether waiving and stretching Oladipo’s 2023/24 salary ($9.45MM, assuming he exercises his player option) will be something the Heat seriously consider this summer.