Overview
- The Heat have identified Klay Thompson as their top perimeter target and are keeping their $7 million mid‑level exception open to sign him via buyout rather than trade.
- Multiple outlets report the Mavericks prefer to trade Thompson rather than grant a buyout, which would force Miami to surrender roster pieces or pursue a multi‑team deal to acquire him.
- The Los Angeles Lakers have surfaced as a realistic suitor and reports say Thompson would welcome a return to Los Angeles, increasing competition for his services if he becomes available.
- Scouts quoted to Heat reporters warn Thompson’s defensive mobility and shot-creation have declined, prompting Miami to study alternatives such as DeMar DeRozan, Bradley Beal and D’Angelo Russell.
- Miami’s decision window is narrowed by roster and salary rules that limit trade flexibility, so the franchise must weigh patience for a buyout against the real chance it will have to trade or sign another veteran.