MINNEAPOLIS (AP) — The Timberwolves and Heat completed their trade that sends Michael Beasley to Minnesota for two second-round picks and cash considerations.
The Heat made the move Monday to clear cap room to re-sign Dwyane Wade and bring in Chris Bosh and LeBron James. The Heat get Minnesota’s second-round picks in 2011 and 2014.
The 21-year-old Beasley averaged 14.8 points and 6.4 rebounds for the Heat last season. The former No. 2 overall pick started all 78 games he played in last year.
Beasley is under contract for $4.9 million this season and the Wolves will have a team option for roughly $6.2 million next year.
The trade also helped Miami to sign forward Udonis Haslem to a five-year deal on Monday.
