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Report: Heat trade Jarnell Stokes to Pelicans


Patrick Smith

The Heat are in line to become the first team ever to pay the repeater rate for the luxury tax.

So, dropping any salary – even Jarnell Stokes’ minimum deal – carries significant financial implications.

Zach Lowe of ESPN:

Shams Charania of Yahoo Sports:

Scott Kushner of The Advocate:

Marc Stein of ESPN:

The Pelicans can absorb Stokes’ minimum salary without sending any in return. The draft pick serves as a small sweetener for doing so.

Assuming the Heat add no salary in this deal, they project to save $1,691,020 –$278,372 in Stokes’ remaining salary plus $2,112,648 in luxury-tax payments minus $700,00 cash.

Miami, always a popular destination for veterans who take buyouts, also opens a roster spot.

Stokes, the No. 35 pick in the 2014 NBA draft, could provide New Orleans with a little value. Just 22, he can finish inside and rebound, though his game has plenty of rough edges. Stokes hasn’t played much with Heat, who acquired him this season in a trade from the Grizzlies (who didn’t play him much, either).

Stokes has a unguaranteed minimum salary for next season. So, if he produces the rest of this season, he’ll be a bargain next year. If he doesn’t, the Pelicans can walk away at no cost.