Scheduled to take place at 8:30pm on ESPN, Zo will represent the team on stage with Elisburg present in the audience.
As the 10th lottery seed, the Heat have a 91% chance of retaining its first-round pick. Should it drop to number 11 or below, the pick would then go to the Philadelphia 76ers to complete a previous trade.
So what are the odds of the team landing a top-three pick?
From Ira Winderman of the SunSentinel:
At No. 10, the Heat hold 11 of the 1,001 four-number lottery combinations distributed in the random-but-weighted process. According to the lottery odds, that would leave the Heat with a 1.1-percent chance at the No. 1 overall pick, a 1.3-percent chance at the No. 2 pick and a 1.6-percent chance at the No. 3 pick, with only the first three picks determined by the drawing, with the selections thereafter determined by inverse order of finish (for an overall 4-percent Heat chance at a Top 3 pick). At No. 10, the Heat would have an 87-percent chance of remaining at No. 10.
The top-ten pick was originally part of the sign-and-trade deal with the Cleveland Cavaliers back in 2010 for LeBron James, then it was sent to the Minnesota Timberwolves by Cleveland for Kevin Love and his services and subsequently moved from the Wolves to the 76ers for Thaddeus Young.
If the Heat wind up keeping their pick this year, it will conditionally be owed to the 76ers in 2016 if it's not a top-ten pick next year or will go unprotected to Philly in 2017.
The NBA Draft takes place on June 25th in Brooklyn.
What do you think the team should do if they retain their pick?