Phoenix still has no proven point guard; Tyler Johnson could be available if he opts into his contract for next season, sources say.
More on Tyler Johnson Free Agency
And unless something significant changes, it’s increasingly likely the Heat will need to wait until the summer of 2020, not 2019, to again be in position to make a franchise-altering free agent signing. That wasn’t necessarily the plan. The Heat has tried to move Hassan Whiteside and Tyler Johnson this offseason but has not found a trade market, according to three people in contact with the team. Dion Waiters’ name also has been raised, one of these people said.
Brian Lewis: Sean Marks on #Nets not getting Allen Crabbe and/or Tyler Johnson: "Yeah its definitely disappointing not to have those 2 guys; but at the same time we're excited. We're excited those guys actually chose the Nets to sign offer sheets with. That says a lot about Kenny & his staff & the vision. We’ll go back at it again. There’s certainly a Plan B & that’s in progress right now, which, again, we’re excited about."
The Miami HEAT announced today that they have matched the contract of restricted free agent Tyler Johnson. As per club policy, terms of the deal were not disclosed. “We are extremely happy to re-sign Tyler,” said HEAT President Pat Riley. “He, Hassan, Justise and Josh have grown together as an exciting, athletic, highly skilled young core over the last couple of years. They are going to have a tremendous opportunity this season and we are looking forward to watching them play together on the floor.”x
Adrian Wojnarowski: Sources on @The Vertical: Miami has sent official notification on the matching of Johnson's sheet to NBA, Nets and Johnson.
Adrian Wojnarowski: The Miami Heat have matched Brooklyn's $50M offer sheet for Tyler Johnson, league source tells @The Vertical.
Ira Winderman: Latest buzz (as of now) is Heat matching on Tyler Johnson.
Nets Daily: It's 11:59 tonight for both Allen Crabbe and Tyler Johnson, according to an official source.
Mike Mazzeo: Miami has until July 10 to decide whether to match Tyler Johnson's four-year, $50 million poison pill offer sheet with Brooklyn. #Nets
Adrian Wojnarowski: Sources on @TheVertical: Miami RFA guard Tyler Johnson has signed offer sheet w/ the Brooklyn Nets: 4-years, $50M. Heat has 3 days to match.
BrooklynASAP: If Tyler Johnson were to refuse the offer from NETS, can Riley offer him a comparable contract with a different structure? - Bobby Marks: Nothing has been signed by Tyler Johnson. Heat would have to use room to structure it starting at $12.5m.
Sunday morning, restricted free agent Tyler Johnson, a former NBA Development League pickup by the Heat two seasons ago, agreed to sign a four-year, $50 million offer sheet with the Brooklyn Nets when the league’s moratorium ends on Thursday. A source, who confirmed the news, said the Nets are expecting to sign Johnson because the way the contract is structured is not conducive to the Heat to match.
Barry Jackson: Am told Heat was informed of Johnson o-sheet with Nets, to be signed July 7. Nets anticipate getting Johnson because of contract structure.
Dwyane Wade: Any kid that wants to be an NBA player & you don't think you have a chance. Look no further then @RealTJohnson Congrts kid you earned it!
Miami Heat restricted free-agent guard Tyler Johnson has agreed to sign a four-year, $50 million offer sheet with the Brooklyn Nets, league sources told The Vertical.
David Aldridge: Nets’ offer sheet to Tyler Johnson—four years, $50M—has a player option after third year, per source. Incredible.
Once Johnson, 24, signs the offer sheet at the end of the free-agent signing moratorium on Thursday, the Heat will have three days to match the offer and retain Johnson – or let him leave for the Nets. For Johnson, the contract represents one of the most rapid financial ascensions in recent league history: From an undrafted NBA Development League guard in 2015, to participating in only 68 games over parts of the past two seasons, to a staggering poison-pill contract that guarantees seasons of $18 million-plus and $19 million-plus in the final two years of the deal.
Johnson had several comparable offer sheets, but the opportunity for playing time in Brooklyn, the chance to play for new coach Kenny Atkinson and under general manager Sean Marks’ evolving new shingle, sold him on Brooklyn. Sacramento, Chicago, Charlotte and New Orleans were among aggressive suitors for Johnson, league sources said.
Guard Tyler Johnson, a restricted free agent, met with the Chicago Bulls and Houston Rockets in Chicago on Friday, according to a source. He also has had conversations with several other teams, including Brooklyn. As of this morning, he wasn't in a rush to resolve his situation and wasn't on the verge of agreeing to terms on an offer sheet.
Tyler Johnson began discussions with teams today, and though the Heat has expressed interest in signing him to a multiyear deal, Johnson wants to let this process play out, which might include signing an offer sheet that the Heat would have the right to match. Brooklyn and New Orleans are among those who have shown interest, according to a friend of Johnson.
Bill Herenda: “Significant market for Tyler Johnson” - Adrian Wojnarowski includes New Orleans, Brooklyn, Charlotte. Johnson a @FresnoStateMBB product
Barry Jackson: Heat makes Tyler Johnson qualifying offer, as expected, allowing them to match offers. Cap hit of about $1.2 M, can exceed cap above that.
Tyler Johnson: Undrafted and holds tremendous value inside the Heat organization. Miami is protected by the "Arenas" provision. Restricted free agent to whom teams can only offer the average player salary. Terrific athlete who can play multiple positions.
Unlike with Whiteside, Tyler Johnson will be a restricted free agent (not unrestricted) next summer, allowing the Heat to match other offers. Under the Gilbert Arenas rule, no team can offer Johnson more than the equivalent of the $6 million mid-level exception next season. The good news is that Miami can exceed the cap to sign Johnson, provided his salary begins at no more than 104.5 percent of the NBA's average salary of just over $6 million. And there's no reason to start Johnson above that amount, because other teams can't offer even that, let alone more than that.
