Miami Heat Makes Strategic Move with Haywood Highsmith
In a move aimed at optimizing their financial situation and gaining flexibility in their roster, the Miami Heat have finalized a trade involving forward Haywood Highsmith.
The agreement, announced this Friday, sends Highsmith to the Brooklyn Nets. This move allows the Heat to get below the tax line for next season.
As part of the transfer, Miami also gives up a second-round pick in the 2032 draft to Brooklyn. In return, the Heat will receive a conditional second-round pick in next year’s draft.
The Highsmith departure leaves two vacancies on the Miami roster.
Highsmith, who underwent knee surgery earlier this month to repair a meniscus problem, had an estimated recovery time of 8 to 10 weeks, suggesting he could be ready for the start of the regular season.
In the previous season, the 28-year-old player averaged 6.5 points and 3.4 rebounds in 74 games with Miami. Over four seasons with the team, Highsmith averaged 5.5 points per game.
Highsmith will earn approximately $5.6 million next season. The Nets can absorb that salary in their available cap space, making the trade easier without the Nets needing to send salary back to Miami.