Chicago and Miami will lose their next available second-round pick after the league concludes that the teams had ineligible discussions with player representatives prior to the opening of free agency on August 2. In a note to teams obtained by ESPN, the league wrote: “Both teams have fully cooperated with the investigations,” which was a factor in the penalties.
As long as the Heat make the playoffs this season, they will lose any Philadelphia / Denver second-round pick in 2022.
In a statement, the Heat said: “While we disagree, we accept the league’s decision. “
The Bulls released a statement, saying, “We are happy that this process has been completed and look forward to the rest of our season. “
The NBA has conducted numerous interviews with team leaders and player agents and collected emails from the front office leaders of four teams – Chicago, New Orleans, Miami and Toronto – over the past four. month. ESPN reported on August 7 that it began an investigation by the league into whether any illegal contacts and negotiations took place before free agency opened on August 2 at 6 p.m. ET.
The league instituted tougher penalties in these cases in 2019, including increasing the maximum fine for teams to $ 10 million and including the ability to suspend team leaders, forgo draft picks and even cancel contracts.
Signature and exchange agreements are more complicated and time consuming than typical free agent signatures, often requiring a greater level of discussion and negotiation.
Miami negotiated a three-year, $ 85 million deal with Lowry as part of the signing and trade that sent goaltender Goran Dragic and forward Precious Achiuwa to the Raptors. The Heat secured Dragic’s $ 19.4 million squad option before free agency, which allowed them to use it in the signing and trade deal.
The Pelicans have agreed to trade Restricted Free Agent Ball to the Bulls on a four-year, $ 80 million contract for Garrett Temple on a new three-year $ 15.5 million contract and goaltender Tomas Satoransky.
The Milwaukee Bucks lost a second-round pick in 2022 for tampering with Sacramento Kings restricted free agent Bogdan Bogdanovic in 2021. With the penalty, the NBA took into consideration that the Bucks ultimately failed. not acquired Bogdanovic. He went to the Atlanta Hawks.