The Miami Heat enjoyed a fairytale run last season as they went all the way to the NBA Finals. The team looked solid and the management has made further adjustments to the roster in hopes of repeating the performance. Here are the trades and signings made by the Heat during the offseason.
Before we dive into their transactions, let us look at how Miami fared in the draft. The team had just one pick and it was the 20th overall. They used it to select 6’9” forward Precious Achiuwa from Memphis who won the ACC Freshman of the Year Award in 2020.
Furthermore, the Heat also made business by signing a couple of undrafted players to their roster. Miami’s work culture is quite different from the rest and their performance last season is a major indicator of how they recruit talents.
Similarly, the team has put faith in forward Paul Eboua and point guard Breein Tyree who went undrafted in 2020. The Heat has signed these two athletes on two-way contracts which would allow them to gain experience by playing in the G-League as well.
One of the first moves the Miami Heat made during the off-season was offering Gabe Vincent yet another two-way contract. The 24-year-old went undrafted in 2018 and signed a similar contract with the Heat in January 2020, and he’s staying for one more year.
The Heat did make trades and free-agency signings during the offseason, but they retained a few players which secured their future. The first eye-catching deal came through Bam Adebayo’s rookie max-extension as he signed a five-year $163 million contract.
Likewise, the team also retained veterans Goran Dragic and Udonis Haslem. Dragic signed a two-year $37.4M deal while Haslem comes back on a veteran’s minimum worth $2.5 million for one year.
Heat’s big men Kelly Olynyk and Meyers Leonard are also staying with the team as the latter signed a two-year deal worth $20M in November 2020. As for Olynyk, he opted for his player option and will stay for one more year receiving $12 million in salary.
The team then entered the free-agent market where they signed guard Avery Bradley on a two-year deal. Bradley was with the Lakers in 2020 but chose to switch teams and joined the Heat on a two year $11.6M deal.
Furthermore, they also lured in free-agents Max Strus and B.J. Johnson on Exhibit 10 contracts. The Heat also extended Tyler Herro’s contract, which will keep him locked at the team till the 2021/2022 season. Moreover, free-agent Maurice Harkless signed a one-year $3.6M deal with the franchise.
The Heat lost quite a few assets this offseason due to free-agency. The biggest loss came through the departure of forward Jae Crowder who chose to join the Phoenix Suns as a free agent.
Likewise, the team also saw bench players Derrick Jones Jr. and Solomon Hill leaving, as the management failed to offer them a new contract. Jones signed with the Blazers while Hill has been added to the Atlanta Hawks’ roster.
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