Heat trading Tyler Johnson, Wayne Ellington to Suns for Ryan Anderson

Leon Maldonado

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Anderson has a cap hit of $20.4 million this season and $21.3 million in 2019-20, of which $15.6 million is guaranteed with the remaining amount becoming fully protected if not waived by July 10.

Miami will create a $6.27 million trade exception with the deal, which Ellington must approve.

Shooting guard Wayne Ellington will also be sent to the Suns in the trade, Shams Charania of The Athletic added. He averaged 3.7 points in those games.

Miami will acquire Ryan Anderson as part of the deal, according to Wojnarowski.

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Johnson has spent all five of his National Basketball Association seasons with the Heat. He's on an expiring $6.2 million deal that had a veto option for any trade attached to it. Phoenix has the ability to swing another deal for Ellington but he can not be aggregated into a package deal. The buyout market is expected to be pretty good this year, so expect the Heat to make a run at the bevy of veteran role players once they agree to buyouts with their new teams. Johnson had been positioned to take a more Heat-friendly version of his contract, a factor that had not sat well with the Heat moving forward.

Ellington, 31, who was on a one-year, $6.2 million contract, had to give permission for a trade, which agent Mark Bartelstein confirmed to the South Florida Sun Sentinel, the tradeoff for gaining his freedom to now sign with a contender. He's in his 5th National Basketball Association season. Among the several perimeter players on Miami, Ellington took the biggest hit in terms of playing time.

Johnson, 26, is averaging 10.8 points and 2.5 assists in 25.5 minutes per game mostly coming off the Heat's bench this year.