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The Miami Heat have already made their big offseason splash by trading for Giannis Antetokounmpo, but all eyes will still be on the team entering NBA free agency.
Miami won't have much money to spend, but the franchise does have a plethora of exceptions to use, including the nontaxpayer mid-level exception for around $12 million. Miami also has $20.5 million in first apron space.
As NBA free agency kicks off at 6 p.m. ET on Tuesday, follow along with our tracker below to stay up to date on the latest signings, updates, and trades for Miami.
Heat free agency moves
UPDATE: There hasn't been a reported signing for the Heat since Tuesday, when they agreed to terms with Tim Hardaway Jr. The team continues to show interest in guards, including Bradley Beal, per Barry Jackson of The Miami Herald.
Lebron James is also still a possibility. It's unclear when the 41-year-old will make his decision.
UPDATE: Like Day 2, Day 3 of free agency has been quiet for the Heat. The team passed on signing Anfernee Simons, who landed with the Philadelphia 76ers on a two-year deal. Hardaway remains the lone signing so far for Miami.
UPDATE: It's been a quiet Day 2 for the Heat, but there are still plenty of options left on the market. According to Barry Jackson and Anthony Chiang of The Miami Herald, the Heat have recently had discussions with Bradley Beal. Khris Middleton and Anfernee Simons are also still options.
UPDATE: Miami has yet to sign any other free agent other than Hardaway. The team had interest in veteran point guard Mike Conley, but the Heat ended up passing (Barry Jackson). Conley signed with the Celtics on Wednesday.
UPDATE: Miami has officially lost Norman Powell. The All-Star guard is signing a two-year deal with the Chicago Bulls worth $45 million (Shams Charania).
UPDATE: The Heat are signing Tim Hardaway Jr., who spent last season with the Denver Nuggets (Chris Haynes). The contract is for one-year at $6.5 million, per Shams Charania of ESPN. Hardaway will provide some much-needed perimeter shooting to Miami.
Miami extended forward Andrew Wiggins on a three-year deal worth $64 million. The deal includes a player option in the third year (Shams Charania).
The Heat have also retained forward Simone Fontecchio on a one-year deal (Charania).
Heat free agents
According to Spotrac, the Heat have five free agents, with Norman Powell headlining the list. All signs point to Miami losing the All-Star guard.
Here is the full list of the Heat's free agents:
- G Norman Powell
- F Keshad Johnson
- G Jahmir Young
- G Trevor Keels
- C Vladislav Goldi (Restricted Free Agency)
Heat trades
The lone Heat trade so far this offseason is the blockbuster Giannis trade, which can't be finalized until July 6. Let's take a look at the details of the franchise-altering deal.
MIAMI received: Giannis Antetokounmpo and Bobby Portis
MILUWAKEE received: Tyler Herro, Kel'el Ware, Jaime Jaquez Jr., Kasparas Jakucionis, Nate Ament (No. 13 overall pick), two first-round picks, one pick swap, and a 2033 second-round pick.
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