The update removes one of the more intriguing potential landing spots for DeRozan and could leave the Heat with one fewer competitor if they decide to pivot away from LeBron James.
Heat Still Have DeRozan Waiting in the Wings
Miami has repeatedly been among the teams monitoring DeRozan’s market. Notably, an NBA analyst highlighted that DeRozan’s free agency is unusually tied to James’ decision, with the Heat identified as one of the franchises ready to pivot if they miss out on the all-time scoring leader. The idea is that some teams waiting on James could also become viable destinations for DeRozan if James does not land there.
The Heat’s interest makes basketball sense. Following a blockbuster trade that sent Tyler Herro to help acquire Giannis Antetokounmpo and the subsequent departure of Norman Powell in free agency, Miami faced a clear need to replenish scoring and playmaking in its backcourt. DeRozan’s resume remains impressive: the 36-year-old averaged 18.4 points, 4.1 assists, 2.9 rebounds, and 1.0 steals while shooting 50% from the field in 77 games last season with the Sacramento Kings before his stint there ended. Those numbers help explain why the Heat continue to view him as a prime contingency if their pursuit of James falls short.
That waiting game continues. Reports have suggested that James could be weighing multiple Eastern Conference destinations, with several outlets noting Cleveland, Miami, and Philadelphia as serious options. If James ultimately signs elsewhere, Miami could quickly shift its focus to DeRozan.
Toronto Reunion Appears Unlikely
Toronto’s salary cap situation remains the primary hurdle. Even signing DeRozan to a veteran minimum contract would push the Raptors above the first apron unless further roster moves are made. Analysts outlined several potential workarounds, such as converting a second-round pick to a standard minimum deal and temporarily carrying fewer players, but there are questions about whether DeRozan would still be available by the time Toronto creates enough flexibility. Given the financial realities, a reunion in Toronto seems unlikely.
Heat Continue Waiting on LeBron
Miami remains focused on James. The Heat have rebuilt the roster around Antetokounmpo and Bam Adebayo while pursuing the all-time leading scorer, who could form another high-profile trio in South Beach. Some insiders have questioned whether DeRozan’s mid-range-heavy game would fit seamlessly with Antetokounmpo and Adebayo due to spacing concerns. However, if James chooses another destination, DeRozan would immediately become one of the most accomplished scorers still available.
With Toronto unlikely to bid, Miami could have a clearer path should they decide to pivot toward DeRozan. For now, the Heat’s next move hinges on the biggest free agent remaining on the board: LeBron James.
