After announcing all three two-way signings, the Miami Heat officially announced the Kel’el Ware and Pelle Larsson acquisitions this week.
OFFICIAL: The Miami HEAT have signed first round selection (15th overall) in the 2024 #NBADraft Kel’el Ware. pic.twitter.com/9aybnQ4EKN
— Miami HEAT (@MiamiHEAT) July 2, 2024
OFFICIAL: The Miami HEAT have signed second round selection (44th overall) in the 2024 #NBADraft Pelle Larsson. pic.twitter.com/S6Rx72e4Ne
— Miami HEAT (@MiamiHEAT) July 2, 2024
Miami announced Ware’s signing shortly after it announced the three two-ways.
Despite the NBA’s official 2024-25 salary cap year-to-year increase dipped from 3.7 percent to 3.3 percent, Ware’s rookie scale salary remains fairly similar. He will make $4.2 million as a rookie, followed by 4.4M, 4.7M (team option and $7.1M (TO) through 2027-28.
According to Michael Scotto of HoopsHype, the Heat signed second-round rookie Pelle Larsson to a three-year, $5.4 million–with partial guarantees in his second season and a team option in his third. The No. 44 pick becomes the first player of the 2024 class to sign a guaranteed contract.
Pelle Larsson’s deal is fully guaranteed Year 1, includes a substantial guarantee Year 2, and has a team option in Year 3 with the Miami Heat, league sources told @hoopshype.
— Michael Scotto (@MikeAScotto) July 2, 2024
According to Heat insider Anthony Chiang of the Miami Herald, they are using their second-round exception with a starting salary of $1.16 million, the rookie minimum for 2024-25. The full guarantees of his final two years will be for roughly $2.0 million and $2.3 million, respectively.
Starting salary is the rookie minimum for Larsson of about $1.2 million. https://t.co/JdddJUiEWQ
— Anthony Chiang (@Anthony_Chiang) July 2, 2024
As of right now, both players are expected to appear in Summer League, which begins Saturday in San Francisco, Calif. The Heat will square off with the Golden State Warriors, Sacramento Kings and Los Angeles Lakers before heading to Las Vegas, Nev., for four more games beginning on July 13 against the Boston Celtics.
Their full Summer League Roster has yet to be announced. Click here to see our current Summer League roster tracker. We expect the full roster to be announced in the coming days.
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Good moves, Spo and Pat.
No idea where anyone is posting with all these articles, but I’ll make this the third one.
DeRozan and Heat officlaly linked. Take that, Lebron!
herro dunc to chi town
There is a DeRozan article.
DeRozan is now a mav, I think.