The Miami Heat agreed to a two-way contract with Jahmir Young, sources told Michael Scotto of HoopsHype. Young averaged 21.7 points and 7.0 assists in the G League last season between the Grand Rapids Gold and Windy City Bulls. The Heat have now filled all three two-way contract slots on the team. The Heat also waived Precious Achiuwa, Ethan Thompson, Dain Dainja, and Bez … [Read more...] about Heat Sign Jahmir Young To Two-Way Contract; Waive Precious Achiuwa, Ethan Thompson, Dain Dainja, Bez Mbeng
Tyler Herro, Heat Unlikely To Sign Extension As Sides Haven’t Held Substantive Talks
Tyler Herro and the Miami Heat have yet to hold substantive talks on a contract extension and a deal is considered doubtful, sources tell ESPN. Herro can sign for up to $150 million over three seasons and he has said he expects something to get done. Herro and the Heat previously agreed to a four-year, $120 million extension in 2022. Herro, who is represented by Jeff Schwartz … [Read more...] about Tyler Herro, Heat Unlikely To Sign Extension As Sides Haven’t Held Substantive Talks
Heat Sign Bez Mbeng; Waive Steve Settle III
The Miami Heat signed guard Bez Mbeng to an Exhibit 10 contract. The Heat also waived forward Steve Settle III from his Exhibit 10 deal. Both Mbeng and Settle are expected to play for the Sioux Falls Skyforce in the upcoming G League season. Mbeng went undrafted out of Yale at the 2025 NBA Draft. The 6-foot-4 guard averaged 13 points, 5.6 rebounds, 5.8 assists and 1.8 steals … [Read more...] about Heat Sign Bez Mbeng; Waive Steve Settle III
NBA Team Valuations Reach $5.51 Billion Average, Up 20 Percent From 2024
The average NBA team is now worth $5.51 billion, up 20 percent year-over-year and 113 percent since 2022, according to Sportico's calculations. The collective value of all 30 franchises reached $165 billion, driven by a landmark $76 billion media rights agreement and strategic arena investments. Rick Welts, newly appointed Dallas Mavericks CEO, called the current moment … [Read more...] about NBA Team Valuations Reach $5.51 Billion Average, Up 20 Percent From 2024
Heat Sign Steve Settle III, Waive Gabe Madsen
The Miami Heat have signed forward Steve Settle III. Miami has also waived Gabe Madsen. Settle started in all 31 games he appeared in last season at Temple and averaged 12.6 points, 6.2 rebounds, 1.7 assists, 1.00 steals, 1.00 blocks and 33.2 minutes while shooting 47.8 percent from the field, 41.6 percent from three-point range and 73.6 percent from the foul line. He led the … [Read more...] about Heat Sign Steve Settle III, Waive Gabe Madsen