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Heat Preserve $7M Mid-Level While Waiting on Klay Thompson as Trade Looks More Likely

Keeping cap flexibility signals Miami wants to add elite perimeter shooting to space the floor for Giannis and Bam.

Overview

  • After trading for Giannis Antetokounmpo, the Heat made outside shooting their top priority and identified Klay Thompson as their primary target.
  • Miami has kept its $7 million mid-level exception available because the front office prefers to sign a buyout candidate rather than rush into a trade.
  • Multiple reports and league analysis say the Mavericks are unlikely to simply waive Thompson without compensation, making a trade the more realistic path to acquire him.
  • NBA scouts warn Thompson remains a high-level spot-up shooter but is not the two-way player he once was, while DeMar DeRozan would likely need to accept a bench role because of spacing and defensive concerns.
  • The Antetokounmpo deal drained Miami’s young assets and draft capital, limiting one-for-one trade offers and pushing the Heat to weigh three-team trades, other veterans like Zach LaVine or Bradley Beal, or waiting until training camp to pivot.