Update #2, 8:27 pm: The Heat and Grizzlies have agreed to a deal and Iguodala has already agreed to a two-year, $30M contract extension with the franchise.
Update #1, 8:18 pm: The Heat are also engaged in trade talks with the Thunder that would see them acquire Danilo Gallinari.
The Miami Heat are in advanced discussions to acquire Memphis Grizzlies forward Andre Iguodala, Shams Charania of The Athletic. Iguodala has been available for trade since he landed with the Grizz franchise in the summer.
Given Iguodala’s substantial $17.2M contract, the Heat don’t have a ton of options for players that could make the math work. The fact that they’re hard-capped makes things even more difficult.
One possible option that hasn’t been reported but that does work financially would be Goran Dragic. Dragic’s $19.2M contract could fit and the Heat are in possession of their 2020 first-round pick, a draft asset that the Grizz are reportedly intent on landing in an Iguodala swap.
Another option that may be more palatable to the Heat, albeit less so for Memphis, would be James Johnson. Johnson’s $15.3M deal works but it comes with a player option for the 2020-21 campaign may want to avoid.
To that effect, Keith Smith of Yahoo Sports reports that the Grizzlies are apparently open to the idea of taking on money into next season.
What we do know for sure is what the Heat would get and Iguodala is a formidable, if seasoned, veteran. The 36-year-old former Finals MVP hasn’t played a game with the Grizzlies but has been working out apart from the team all season.
At this stage in the game, no deal has been finalized, but the parties are growing closer. Chris Haynes of Yahoo Sports reports that the Lakers have attempted to hail mary their way to the front of the line to no avail.
