New NBA Rumors on Andrew Wiggins' Heat Contract After Giannis Trade, Updated Salary Cap for Miami

Andrew Wiggins is sticking around in Miami.

Per ESPN's Shams Charania, he agreed to a three-year, $64 million deal with the Miami Heat.

After the Heat lined up a trade for Giannis Antetokounmpo and Bobby Portis, many turned to Wiggins given his contract status. Lowering his cap number in 2026-27 was important toward creating some space to improve the roster elsewhere. Replacing him if he left as a free agent would've been difficult.

The 31-year-old Wiggins averaged 15.4 points, 4.8 rebounds and 2.7 assists per game in 2025-26.

Acquiring Antetokounmpo left the Heat with several open roster spots but not a ton of flexibility in the cap space department.

Wiggins picking up his option at least would've accounted for one roster spot in the season ahead. Getting him to agree to a multiyear deal is the more optimal outcome, assuming the payout is split equally or not too front-loaded.

Wiggins, the former No. 1 overall pick in 2014, spent the first six and a half seasons of his career with the Minnesota Timberwolves before landing in Golden State during the 2020 campaign. He quickly established himself as a valuable asset to the Warriors and helped them win a title in 2022.

He was traded to Miami at the 2025 NBA trade deadline as part of the deal that sent Jimmy Butler to Golden State.

While Wiggins found his name circulating in trade rumors at times during the 2025-26 season, the Heat ultimately opted to keep the swingman around through the end of the season.

Now, Wiggins will get more time in South Florida with the Heat as they look to reestablish themselves as title contenders.