Advertisement - scroll for more content

Rumors

|Josh Richardson
Heat sent over $3.6 million in cash considerations to finalize Jimmy Butler trade

Heat sent over $3.6 million in cash considerations to finalize Jimmy Butler trade


The Heat wound up paying their way out of the jam and into the five-team deal that sent Jimmy Butler to the Warriors and delivered Andrew Wiggins from the Warriors. As part of the machinations, the Heat made a pair of sizable cash payments to complete the transaction in the five-team deal. Each season, teams are given a maximum allotment of money that either can be sent out in transactions or take back in transactions, with the figure this season at $7.24 million. In order to offload pieces in the transaction — essentially cover remaining salaries of players included for cap-matching purposes — the Heat sent out $563,655 to the Jazz to take on the salary of guard Josh Richardson, who since has been waived by Utah. In addition, the Heat sent $3.5 million to the Toronto Raptors, who took on the contract of former Heat forward P.J. Tucker.

South Florida Sun-Sentinel


Omari Sanfoka: I'm hearing Dennis Schroder and Lindy Waters III are expected to remain with the Pistons. KJ Martin and Josh Richardson are likely to be traded. It's all being processed as part of the Jimmy Butler deal.

bsky.app

Advertisement

Yossi Gozlan: The Miami Heat get under the luxury tax …

Yossi Gozlan: The Miami Heat get under the luxury tax by trading Jimmy Butler and Josh Richardson and only taking on Andrew Wiggins and P.J. Tucker. They eliminate their $23.8 million tax penalty and create a $11 million trade exception.

Twitter


Anthony Chiang: Heat injury report for tomorrow's home game vs. Cavaliers: Out: Jimmy Butler, Josh Richardson, Dru Smith and Isaiah Stevens. Probable: Jaime Jaquez Jr. (stomach illness).

Twitter

Advertisement


Anthony Chiang: An MRI on Josh Richardson's lingering heel injury didn't reveal anything significant. The hope is that Richardson will again be able to begin ramping up toward a return this upcoming week.

Twitter

Jimmy Butler not listed on Heat injury report against Nuggets

Jimmy Butler not listed on Heat injury report against Nuggets


Ira Winderman: Jimmy Butler is no longer listed on the Heat injury report for suspension or any other reason. Injury report for Friday vs. visiting Nuggets: Out: Josh Richardson (heel), Dru Smith (Achilles.) Available: Bam Adebayo (back), Kel'el Ware (foot).

x.com

Advertisement

Advertisement

 

Advertisement