Report: Dion Waiters signing one-year, $2.9 million contract with Heat

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If there’s anyone who won’t fear replacing Dwyane Wade with the Heat, it’s Dion Waiters.

For better or worse.

Jon Krawczynski of the Associated Press:

This is presumably for the $2,898,000 room exception. At that price, it’s hard to argue with taking a chance on the talented 24-year-old. For a brief stretch in the playoffs, Waiters put it all together and looked like the complementary scorer and defender the Thunder desired.

But that was surrounded by more sober assessments of his value.

Oklahoma City didn’t extend Waiters’ contract before the season and yanked his qualifying offer last week. This must be a disappointing outcome for Waiters, but at least he can hit the market again in a year.

Erik Spoelstra and the Heat have a reputation for boosting the stock of wayward talented players. Just look at Hassan Whiteside, who became the first player in NBA history to go from a minimum salary one season to the max the next.

Waiters must play with more purpose on both ends of the floor. Too often, it appears he’s just drifting until his next opportunity to jack up a shot — which he does frequently and inefficiently.

Joining Kevin Durant and Russell Westbrook for a season reduced Waiters absurdly high usage, but he’s still a gunner. One benefit of Wade leaving — easing the tension between point guard Goran Dragic and a ball-dominant shooting guard — has been reduced.

At least Miami can turn to Tyler Johnson and Josh Richardson in the backcourt if Waiters sees this as an opportunity to hunt his own shot without abandon once again.

Waiters has ability as a shooter and ball-handler. He’s strong enough to defend well. There is upside for the Heat here and little downside.

But there’s a reason Waiters had to settle for the room exception even as he’s entering his athletic prime.