Days after losing star player Dwyane Wade, who joined his hometown team in Chicago, the Miami Heat are reportedly regrouping and rebuilding its own team.
The Miami Heat have decided to match the four-year $50 million offer sheet to restricted free-agent guard Tyler Johnson, thwarting the Brooklyn Nets’ bid to acquire him, the SB Nation reported.
The Miami Heat have matched Brooklyn's $50M offer sheet for Tyler Johnson, league source tells @TheVertical.
— Adrian Wojnarowski (@WojVerticalNBA) July 10, 2016
The Heat will match the Nets’ $50 million offer sheet for guard Tyler Johnson.
— David Aldridge (@daldridgetnt) July 10, 2016
Tyler Johnson was a restricted free agent who signed an offer sheet with the Brooklyn Net. However, the Heat were able to match the bid and as a result, the Heat will keep Johnson where he spent the last two season.
The 24-year-old Miami Heat shooting guard has made an impressive season with the Heat, averaging 9 points, 3 rebounds, and 2 assists in 24 minutes a game. Johnson seemed to make the team better when he was on the court, where he played both guard spots and continued to improve as a three-point shooter, converting 38 percent of his three-point attempts.
Johnson also played very well on both ends of the floor. Unfortunately, Johnson has missed nearly three months this season because of shoulder surgery but will play for two seasons for Miami.
In addition, Johnson’s contract included $18 million-plus and $19 million-plus provisions in years three and four of the deal.
Reports said that this contract was designed to severely puncture the Heat’s salary cap and dissuade Heat president Pat Riley from retaining the Miami shooting guard. With this deal, the Heat will not have much cap room flexibility which will make it harder for Miami Heat to sign any free agents in the NBA for the 2019 and 2020 seasons.
The Heat’s decision to keep Johnson was the second devastating blow to the Brooklyn Nets. The first was with the Portland Trail Blazers, who matched the Nets’ $75 million offer to sign free-agent guard Allen Crabbe.