5RSN Exclusive: Latest Miami Heat Free Agency Info

As we’re approaching the 24 hour mark until free agency begins, it has become a very complicated time for the Miami Heat. With the team option decisions looming, it was reported by Adrian Wojnarowski that the Heat declined Andre Iguodala’s team option, while the Miami Herald’s Barry Jackson recently reported it was not yet official by Miami.

It was officially reported, though, that Miami opted into Goran Dragic’s contract worth $19.4 Million, which all indications point to that being used in a possible trade deal as they work over the cap.

As we have been reporting on @5OTF_ and @TheClutchCorner, the Miami Heat have been positioning themselves — even in light of changing circumstances — to land Kyle Lowry one way or another.

They have many ways to do that.

Lowry's preference remains to play with Jimmy Butler.

— Five Reasons Sports (@5ReasonsSports) August 1, 2021

The main place that Dragic’s name will come into play is with the Toronto Raptors in Miami’s continued pursuit of Kyle Lowry. The latest from Five Reasons Sports is that Lowry’s preference remains the same to play in Miami with Jimmy Butler, who he shares a close relationship with.

Kyle Lowry has been the target for Miami since the 2021 season began

The interest in playing with Jimmy Butler was heard throughout the season & we are getting closer to that becoming a reality.

Although not finalized, only a major overpay could stunt this move@5ReasonsSports

— Adam Borai (@AdamNBorai) August 1, 2021

Adam Borai continued on this reporting, saying that “only a major overpay could stunt” a move for Lowry to end up in Miami. But with so many moving parts, it’s clear that nothing is set in stone.

Speaking of those moving parts, another name that has been thrown into the latest discussions around the Miami Heat’s next moves is Demar DeRozan, as Five Reasons Sports released here…

The Miami Heat are trying to figure out a way to reunite free agent DeMar DeRozan with his former Raptors teammate Kyle Lowry in Miami, multiple sources have told #5RSN.

There are many complications to getting such a deal done.@GregSylvander @AdamNBorai

— Five Reasons Sports (@5ReasonsSports) August 1, 2021

While many harp on Lowry’s relationship with Butler, there’s no doubt that he wouldn’t look in other directions if his closest friend, DeRozan, lands in the exact spot that he’s eyeing. As stated above, this type of deal would be quite complicated from a general sense, but they’re currently looking into things further.

Questions continue to fly. Would that spacing work? Would that be enough? It’s important to have some perspective on the situation, and take into account the big picture outcome that is a possibility. There’s still so much unknown about what the final form would look like in that scenario, and there’s still plenty of other ways that they can go about this stuff.

This will continued to be updated as more information is available to report….