Heat, Grizzlies finalize trade without third team

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The Heat agreed to trade Mario Chalmers and James Ennis to the Grizzlies for Beno Udrih and Jarnell Stokes.

Miami reportedly wanted to find a third team to take Udrih and/or Stokes.

That’s not happening, but the deal still got done.

Heat release:

The Miami HEAT announced today that they have acquired guard Beno Udrih and forward Jarnell Stokes from the Memphis Grizzlies in exchange for guard Mario Chalmers and forward James Ennis.

“This is a tough day for myself and the organization in trading Mario Chalmers and James Ennis,” said HEAT President Pat Riley. “Mario was a part of two championships with us and Ennis is a solid young player, but it is part of the business and it was a move necessary to make because of our crowded backcourt. We feel that it is in the best interest of Mario and we want him to be successful and be a part of a good team. We wish them nothing but the best. We would also like to welcome Beno Udrih, an accomplished veteran and someone that has playoff and championship experience, and the addition of Jarnell Stokes, a young player that we would like to develop.”

This is an excellent trade for the Heat – who save money, get better players and reportedly get a draft pick. The Grizzlies add a point guard with more outside-shooting ability, but Chalmers hasn’t shown much beyond the arc since he stopped playing with LeBron James.

Expect Miami – over the luxury-tax line and facing the repeater rate – to try to still trade Udrih and Stokes. Tyler Johnson and Jason Richardson can serve as backup point guard, and Stokes probably isn’t rotation-ready. With their salaries costing multiple times over due to the tax, Udrih and Stokes are probably luxuries the Heat prefer not to pay.