Don’t be surprised to see the Heat convert Chris Silva’s two-way contract into a multi-year standard contract as early as Tuesday, the first day that can happen. The sense I get, from a league-employed source around the Heat, is that there’s strong sentiment toward converting Silva’s deal to a standard contract next week. Silva has only a handful of NBA days remaining on his two-way deal but hasn’t been sent to the G-League a single day this season. Because the Heat is operating under a hard salary cap, Tuesday would be the first day Miami could accommodate adding a player on a standard deal.
Miami could retain his Bird Rights longterm by giving him a deal for three years or longer, an approach Miami took when it signed Kendrick Nunn in April. The deadline to sign a new player to a two-way contract is Wednesday. So the Heat would need to convert Silva’s deal to a standard contract by Wednesday to add another two-way player to replace him.
The Heat has not decided whether to convert forward Chris Silva’s two-way contract into a standard deal on Jan. 14, the earliest date it can do so under the restrictions of a hard cap. The positive for doing that: It would allow the Heat to sign a different player to a two-way contract; the deadline for that is Jan. 15. (Point guard Daryl Macon holds the Heat’s other two-way contract.)
The reason to hold off on converting Silva: It would leave Miami with about $800,000 in wiggle room under its hard cap if it wants to make a trade before the Feb. 6 deadline. Under that scenario, the Heat could take back a player earning nearly $1 million more than the player it sends out. That option would evaporate if Silva’s two-way is converted to a standard deal on Jan. 14. Silva said the Heat hasn’t shared its intentions. “That’s my hope and dream, to be converted,” he said.
In true HEAT Culture fashion, your Miami HEAT have exercised the two-way player conversion option in the contract of undrafted forward Chris Silva. Silva, who was originally signed by the HEAT on July 11, appeared in five preseason games with Miami and averaged 5.2 points, 3.8 rebounds, 1.00 steals and 9.8 minutes while shooting 69.2 percent (9-of-13) from the field and 80 percent (8-of-10) from the foul line. Additionally, he appeared in six Summer League games (all starts) with Miami, and averaged 7.0 points, 5.7 rebounds, 1.3 assists and 18.3 minutes while shooting 56.5 percent from the field and 80 percent from the foul line.
July 31, 2021 | 10:53 am EDT Update
Like all teams in the NBA, the Knicks would like to add shooting this offseason. Terrence Ross is an option. Teams have discussed potential Ross trades with Orlando in recent days. Another player to keep an eye on? Evan Fournier. There has been mutual interest between Fournier and the Knicks, per SNY sources.
The biggest fish, Chris Paul, appears all but destined to return to Phoenix, sources said, on a deal that’s now widely rumored to be for at least three years, $90 million. According to multiple sources with knowledge of the situation, the New Orleans Pelicans did have their sights set on prying Paul away from Phoenix.
There has also been an intriguing CJ McCollum-Pascal Siakam trade framework discussed between Portland and Toronto, though talks between the teams have yet to generate significant momentum, sources said. Rival executives believe the Raptors’ selection of Scottie Barnes seemingly reinforces Siakam’s availability for trade.
Yet while New Orleans has gained momentum toward landing Lowry, the race for his services still does consist of several suitors. Miami and Dallas are expected to aggressively pursue the All-Star point guard, sources said, as Lowry’s close relationship with Heat centerpiece Jimmy Butler is often mentioned among league personnel.
With Westbrook now headed to Los Angeles, multiple league personnel contacted by B/R expect there to be significant interest from several veterans, including DeMar DeRozan, Rudy Gay and Carmelo Anthony, to forgo higher salary opportunities elsewhere and join the Lakers in pursuit of a championship.
Regardless of that outcome, there are strong indications from league sources that mutual interest exists between Derrick Rose and his storied hometown franchise, where he claimed league MVP honors in 2010-11. It’s unclear how Knicks head coach Tom Thibodeau can stand in the way of the Bulls’ potential advances, and Chicago will need to shed contracts to bring on two ball-handlers at such expected salaries.
The reigning champion Bucks are believed to have interest in re-signing versatile defender P.J. Tucker on a deal framework of two years, $20 million, sources said. There’s also a belief that Bobby Portis and Milwaukee hope to strike a deal.