Heat trade Victor Oladipo to Thunder
The Miami Heat traded Victor Oladipo back to the Oklahoma City Thunder on Friday night in exchange for future Draft compensation, per multiple reports.
Oklahoma City is acquiring Victor Oladipo and draft compensation to absorb his $9.45 million expiring contract, sources tell ESPN. Miami creates a trade exception of $9.45M with the deal.
— Adrian Wojnarowski (@wojespn) July 1, 2023
The Heat are sending two second-round draft picks to the Oklahoma City Thunder to facilitate the offloading of Victor Oladipo's contract.
— Ira Winderman (@IraHeatBeat) July 1, 2023
The draft compensation sent to OKC last night in the Victor Oladipo trade involves a second-round pick. The protections remain on the 2025 first-round selection that the Heat owes the Thunder.
— Anthony Chiang (@Anthony_Chiang) July 1, 2023
Oklahoma get:
Victor Oladipo.
Heat get:
Two future second-round picks.
This move will create a $9.45 million trade exception for the Heat, said the person, who spoke to the Associated Press on the condition that he’ll be kept anonymous because the trade has not been finalized by the NBA. It also gives Miami some financial flexibility, which is way above the tax threshold for the coming season.
Last season, Oladipo averaged 10.7 points, 3.0 rebounds, 3.5 assists and 1.4 steals per game in 26.3 minutes per game as a reserve for the Heat.
Oladipo exercised this choice on Tuesday to be under contract for the upcoming season, though it is unclear when he will be able to play next. He tore his left patellar tendon in the first round of the playoffs against Milwaukee in April.
The Heat guard had undergone his third major surgery in the last four years, the other two were on his right knee area and there is no set timetable for his return.
Victor was a two-time All-Star with Indiana before getting injured in January 2019. The Pacers traded him to Houston in January 2021. The Rockets traded him to Miami two months later, he played for matches in March 2021 with the Heat before he was wounded again.
In the 2016-17 season, Oladipo averaged 15.9 points with the Thunder. He spent his first three years in Orlando, then had a year in Oklahoma City before moving to Indiana.
Related News: