Roughly two weeks after the Miami Heat traded for Hornets guard Terry Rozier, it’s official: The Heat did not make any more trades ahead of the Thursday’s 2023-24 NBA Trade Deadline.
After flipping Rozier, the Heat had limited assets that it was able to part with, namely Caleb Martin–who is making $6.8 million with a $7.1 million player option next year–Thomas Bryant (who also has a player option for less than $3 million), Haywood Highsmith, Dru Smith and Nikola Jovic, among others. They had just one tradable first-round pick with up to three tradable seconds, which flew off the market like pocket change for the second consecutive deadline.
In reality, it was unrealistic that the Heat were going to flip Tyler Herro’s $27 million or Duncan Robinson’s $18.2 million before summer, so it was left with few options to aggregate for a decent-sized contract. The Heat still have 14 players on their roster, so they will likely explore some buyout candidates, including Delon Wright, Robin Lopez, Otto Porter Jr. and Danuel House, among plenty others, should they be bought out.
The Heat are unable to sing any buyout players who, at any point, were making north of $12.4 million because they are above the first tax apron. Thus, they would be unable to sign guards Spencer Dinwiddie and Joe Harris, who made $20.4 million and $19.9 million, respectively.
This is a developing news story. Stay tuned for updates.
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