The Miami Heat extended a Qualifying Offer to Gabe Vincent, making him a restricted free agent.
The offer is another two-way contract for him between the Miami Heat and Sioux Falls Skyforce. Vincent was a two-way player for Miami last season.
The offer has a $50,000 guarantee and a $1.4 million cap hold. The offer makes him a restricted free agent, meaning Vincent can go out and get an equal or better offer from another team giving the Heat the opportunity to match the offer.
If another team wants to sign Vincent into their roster space, a regular contract, then Miami would have to match that offer or let Vincent walk.
It’s unclear whether the Heat would do that or not, but they value having Gabe Vincent back again as a two-way player. Kyle Alexander is currently without the same qualifying offer from the Heat. It’s uncertain whether Miami will offer him that deal after drafting Precious Achiuwa.
Gabe Vincent’s qualifying offer from the Heat is an offer of another Two-Way Contract, with $50K guaranteed. He’s now a restricted free agent, with a $1.4M cap hold.
— Albert Nahmad (@AlbertNahmad) November 19, 2020