Miami Heat Match Tyler Johnson Offer Sheet, Re-Sign Udonis Haslem
Miami Heat have decided to match the four-year $50 million offer sheet that restricted free agent guard Tyler Johnson received from Brooklyn Nets, while also re-signing veteran forward Udonis Haslem, per several reports.Advertisement
Johnson, who made $507,000 in his second NBA season last year, was heavily praised by several scouts and coaches last year despite playing just 36 games for Miami Heat. The Brooklyn Nets, who have a very thin guard rotation, were desperate to land Johnson and made him a lucrative offer sheet last week.
According to Adrian Wojnarowski of The Vertical, Johnson’s contract includes “poison pill” provisions in the third and fourth years of the deal. “They were designed to severely puncture the Heat’s salary cap and dissuade president Pat Riley from retaining Johnson. Nevertheless, Miami was determined to hold on to a young guard that it had plucked out of the NBA Development League and continued to develop in the Heat system,” reported Yahoo.
Wojnarowski also noted that Johnson’s salary hike is unprecedented. “For Johnson, the contract represents one of the most rapid financial ascensions in recent league history: From an undrafted D-League guard in 2015, to participating in only 68 games over parts of the past two seasons, to a staggering market deal.”
Miami Heat have a busy weekend…
Miami made a host of acquisitions over the weekend. Besides bringing back Johnson and Haslem, they also signed former New York knicks forward Derrick Williams and former Nets guard Wayne Ellington.
Meanwhile, Haslem will return on a one-year $4 million deal. The veteran forward had a forgettable season last year, averaging only 7 minutes per game for 1.6 points and 2 rebounds. With Amare Stoudamire, Luol Deng and Joe Johnson exiting Miami, Haslem is expected to get a lot more playing time next year. According to the Miami Heard, the 36-year-old plans to play another two seasons.
Miami Heat is still reeling from the departure of Dwayne Wade. According to initial projections, they aren’t likely to make the playoffs next season.