Other Info

July 29th, 2016

Exceptions Available: None

Draft Rights Held:
Roberto Duenas (58th pick, 1997)
George Banks (46th pick, 1995)

Draft Picks Available for Trade:
First Round Picks: 2023
Second Round Picks: 2022, 2023

Cash Paid ($3.5 million max): TBD used in Luke Babbitt trade

Cash Received ($3.5 million max): 

Transactions:
07/01/16 – Dwyane Wade, Hassan Whiteside, Tyler Johnson, Luol Deng, Udonis Haslem, Joe Johnson, Amare Stoudemire, Dorell Wright and Gerald Green became free agents.
07/07/16 – Heat renounced its free agent rights to Dwyane Wade and Luol Deng.
07/07/16 – Heat signed Hassan Whiteside to a four-year, $98.4 million contract.
07/07/16 – Heat signed Rodney McGruder to a three-year, $2.5 million minimum-salary contract ($100K guaranteed).
07/10/16 – Heat renounced its free agent rights to Amar’e Stoudemire, Gerald Green and Dorell Wright.
07/10/16 – Heat signed Wayne Ellington to a two-year, $12.0 million contract (with a team option on the second season).
07/10/16 – Heat signed Derrick Williams to a one-year, $5.0 million contract.
07/10/16 – Heat signed James Johnson to a one-year, $4.0 million contract.
07/10/16 – Heat signed Udonis Haslem to a one-year, $4.0 million contract.
07/10/16 – Heat acquired Luke Babbitt in trade in exchange for a 2018 top-55 protected second round pick and cash considerations.
07/10/16 – Heat matched the four-year, $50.0 million offer sheet Tyler Johnson signed with the Brooklyn Nets.
07/12/16 – Heat signed Stefan Jankovic to a two-year, $1.4 million minimum-salary contract ($100K guaranteed).
07/13/16 – Heat signed Willie Reed to a two-year, $2.1 million minimum-salary contract.
07/13/16 – Heat signed Tyler Jonson to a four-year, $50.0 million contract.
07/15/16 – Heat signed Okaro White to a two-year, $1.4 million minimum-salary contract ($100K guaranteed).
07/25/16 – Heat signed Dion Waiters to a two-year, $5.9 million contract (with a player option on the second season).

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