Other Info: 2008-09

January 20th, 2014

Exceptions Available:
Mid-Level Exception (James Jones, Yakhouba Diawara, Mario Chalmers) – $0
Bi-Annual Exception – $1,910,000
Trade Exception (Marcus Banks, expiring 02/13/10) – $4,260,000
Trade Exception (Shaun Livingston, expiring 01/07/10) – $854,389

Draft Rights Held:
Patrick Beverley (42nd pick, 2009)
Robert Dozier (60th pick, 2009)
Roberto Duenas (58th pick, 1997)
George Banks (46th pick, 1995)

Transactions:
07/02/08 – Heat signed David Padgett and Jason Richards to partially guaranteed one-year minimum salary contracts.
07/02/08 – Heat signed Michael Beasley to contract at 120% of rookie scale.
07/09/08 – Heat signed James Jones to five-year, $23.25 million contract.
07/09/08 – Heat signed Mario Chalmers to three-year, $2.3 million contract.
07/25/08 – Heat named Chad Kammerer as assistant coach.
08/05/08 – Heat claimed Bobby Jones off waivers.
08/07/08 – Heat signed Yakhouba Diawara to two-year, $1.8 million contract.
08/15/08 – Heat waived Bobby Jones.
08/21/08 – Heat signed Dorell Wright to two-year, $5.5 million contract.
09/02/08 – Heat signed Jamaal Magloire to one year minimum salary contract.
09/03/08 – Heat waived Stephane Lasme.
09/10/08 – NBA fined Mario Chalmers $20,000 for marijuana incident during Rookie Transition Program.
09/11/08 – Heat re-signed Chris Quinn to two-year, $2.0 million contract.
09/18/08 – NBA fined Michael Beasley $50,000 for marijuana incident during Rookie Transition Program.
09/25/08 – Heat withdrew qualifying offer to Kasib Powell.
09/26/08 – Heat signed Eddie Basden, Tre Kelley, Omar Barlett and Matt Walsh to unguaranteed one year minimum salary contracts.
09/29/08 – Randy Pfund resigned from General Manager position.
10/03/08 – Heat waived Tre Kelley.
10/03/08 – Heat signed Shaun Livingston to one-year minimum salary contract.
10/04/08 – Heat waived Matt Walsh.
10/15/08 – Heat waived Omar Barlett and Eddie Basden.
10/26/08 – Heat waived David Padgett and Jason Richards.
10/28/08 – Heat exercised 2009-10 team option on Daequan Cook.
11/04/08 – Heat named Adrian Griffin as an assistant coach.
01/07/09 – Heat traded Shaun Livingston and cash to Memphis Grizzlies in exchange for a future conditional second round pick.
02/13/09 – Heat traded Shawn Marion, Marcus Banks, and $3 million in cash for Jermaine O’Neal, Jamario Moon, a future protected first round draft pick and a conditional second round draft pick.
03/04/09 – Heat signed Luther Heat to rest of season minimum salary contract.
06/08/09 – Yakhouba Diawara exercised 2009-10 player option.
06/08/09 – Jermaine O’Neal exercised 2009-10 player option.
06/25/09 – Heat selected Marcus Thornton with 43rd pick in 2009 NBA Draft.
06/25/09 – Heat selected Robert Dozier with 60th pick in 2009 NBA Draft.
06/25/09 – Heat traded draft rights of Marcus Thornton to New Orleans Hornets for 2010 and 2012 second round draft picks.
06/25/09 – Heat acquired draft rights to Patrick Beverley for 2011 second round draft pick and $1.5 million in cash.
06/30/09 – Mark Blount declined 2009-10 Early Termination Option.

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