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Heat trade Winslow, Waiters, Johnson to Memphis in exchange for Crowder, Hill, Iguodala

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Talks stalled with the Thunder for Gallinari.

Miami Heat v Memphis Grizzlies Photo by Joe Murphy/NBAE via Getty Images

With the NBA trade deadline fast approaching, the Miami Heat continue to work the phones in order to secure a three-team trade with the Memphis Grizzlies and Oklahoma City Thunder. Talks have stalled however, according to ESPN’s Adrian Wojnarowski, between the Heat and Thunder with regards to forward Danilo Gallinari so the trade as it currently stands will send Justise Winslow, Dion Waiters, and James Johnson to Memphis in exchange for Andre Iguodala, Jae Crowder and Solomon Hill.

UPDATE: The team has made the trade official with an announcement that included a statement from Heat President Pat Riley.

“Today is a very good day because we think the acquisition of Andre, Jae and Solomon will help us with our versatility and create a more balanced roster. Today is also a sad day because we lose three very good players who have been part of our family. We wish Justise, James and Dion nothing but the best in the future.”

James Johnson was re-routed by the Grizzlies to the Minnesota Timberwolves in exchange for Gorgui Dieng.

Heat executives were reportedly working over the night to secure an extension for Gallinari, whose contract expires at the end of the season but no trade materialized. The Heat did the same thing with Iguodala by reaching a two-year, $30 million extension last night — though the second year is a team option that will help preserve cap space to make a future run at a max free agent.

According to ESPN’s Bobby Marks, “Jae Crowder ($7.8M) and Solomon Hill ($12.76M) are (on) expiring contracts. Hill has a $531,614 bonus for playing 1000 minutes. He has currently played 901. The Heat would be responsible for the bonus if cash is not part of the deal.”

Hill is listed as a 6’-6” small forward averaging 5.7 points, 3.0 rebounds and 2.0 assists in 18.8 minutes this season through 48 games. He is shooting 41.2% from the field and 38.1% from beyond the arc.

Crowder, 29, is also a 6’-6” small forward averaging 9.9 points, 6.2 rebounds, and 2.8 assists in 29.4 minutes with 45 games played. He is shooting 36.8% from the field and 29.3% from long range.

Igoudala has not played this season after being traded by the Golden State Warriors to Memphis last year.

The Heat’s press release has more on the three newest players:

Iguodala, a 15-year NBA veteran, appeared in 21 postseason games (15 starts) with the Golden State Warriors last season on his way to his fifth-straight NBA Finals and averaged 9.8 points, 4.3 rebounds, 4.0 assists, 1.14 steals, 1.10 blocks and 30.0 minutes while shooting 49.4 percent from the field and 35 percent from three-point range. The 2015 NBA Finals MVP has appeared in 145 career playoff games (81 starts), the third-most among all active NBA players, only LeBron James (239) and Udonis Haslem (147) have more. Iguodala is just one of two players in NBA history to total at least 13,456 points, 5,631 rebounds, 4,821 assists, 1,663 steals, 989 three-point field goals and 552 blocks, joined by only LeBron James. The two-time All-Defensive Team member and NBA All-Star has appeared in 1,108 career games (779 starts) averaging 12.1 points, 5.1 rebounds, 4.4 assists, 1.50 steals and 33.4 minutes while shooting 46.6 percent from the field.

Crowder, who has made the NBA Playoffs in each of his last six seasons, has appeared in 45 games (all starts) with Memphis this season averaging 9.9 points, 6.2 rebounds, 2.8 assists, 1.04 steals and 29.4 minutes. He has scored in double-figures 22 times, including three 20-point performances, while grabbing double-digit rebounds on seven occasions and posting five double-doubles. He scored a season-high 27 points in a, 140-114, win at the Los Angeles Clippers on January 4 while also tying career highs in assists (7), blocks (3) and three-point field goals made (6). Crowder has appeared in 588 career NBA games (289 starts) averaging 9.5 points, 4.1 rebounds, 1.5 assists and 24.6 minutes while shooting 41.9 percent from the field.

Hill has appeared in 48 games (three starts) with Memphis this season averaging 5.7 points, 3.0 rebounds, 2.0 assists and 18.8 minutes. He has scored in double-figures six times this season, including one 20-point contest, while tying his career-high of three blocks on December 26 at Oklahoma City. Over the last three seasons, he has increased his scoring average, field goal percentage and three-point field goal percentage. Hill has appeared in 353 career NBA games (171 starts) averaging 5.9 points, 3.2 rebounds, 1.6 assists and 22.1 minutes.