The Cold Hard Truth: On Sports

Miami Heat Agree to Terms with Guard Dion Waiters

Miami Heat Agree to Terms with Guard Dion Waiters

BY Matthew Long

@mattlongsports

The Miami Heat have agreed to term with, former Oklahoma City Thunder guard, Dion Waiters. The swingman will be penning, a reported two-year deal valued at $6 million, the year of which is a player option.

The Thunder just rescinded a $6.8 million qualifying offer Tuesday, July 19. This would have been a guaranteed one-year contract, making him a restricted free agent. The Thunder placed the tender on July 1, the first day of free agency and could have signed the offer at any point until it was rescinded.

Because the Thunder rescinded but did not renounce Waiters, he became an unrestricted free agent, but they still retained his Bird along with his $12.8 million cap hold. Now, the swingman has signed with the Heat, the cap hold drops off OKC’s books.

Waiters averaged 9.8 points per games last season for the Thunder and as history has shown us, very willing to jack up a ton more spots to push that average up. He played pretty well in the playoffs against the San Antonio Spurs and Dallas Mavericks, help his team to the Western Conference finals. Developing an ability to harness that focus and consistent play could a long way to getting a bigger deal or extension in the future, as well as helping a Heat team that will need scoring well after letter Dwyne Wade walk in free agency.

This should be a good pick up for a fairly young team, who by many are expecting to be a lottery team in 2017. Pat Rilley has been very active this offseason trying to rebuild the roster and free up cap space to pursue top tier free agents this coming year.

 

[Photo: Kim Klement / USA TODAY Sports

h/t SB Nation]

 

 

Follow Matthew Long on Twitter @mattlongsports for updates on all things sports and entertainment, and listen to The Cold Hard Truth: On Truth radio show Tuesdays from 8:30p-10:30p EST on MRN Broadcasting powered by BlogTalkRadio.com and subscribe to the YouTube channel.

Miami Heat Agree to Terms with Guard Dion Waiters
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Miami Heat Agree to Terms with Guard Dion Waiters

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