The Miami Heat are set to lose two key players to free agency this summer. Forward Caleb Martin is declining his $7.13 million player option for the 2024-25 season to become an unrestricted free agent, according to Michael Scotto of HoopsHype. Similarly, big man Thomas Bryant is opting out of his $2.85 million player option, reports Anthony Chiang of The Miami Herald.
Martin’s decision is not unexpected. Ranked 23rd on this summer’s top 50 free agents list, his stats for the 2023-24 season (10.0 PPG, 4.4 RPG, 2.2 APG) may not stand out, but his versatile skills make him valuable to any team.
The 28-year-old is effective as a shooter (.368 3PT% over three years with Miami) and a switchable defender, likely attracting multiple teams willing to offer him more than his option salary.
Bryant’s decision was less predictable. Signed last summer to back up Bam Adebayo, his fit with the team wasn’t ideal. Bryant averaged 5.7 points and 3.7 rebounds in 11.6 minutes per game over 38 appearances. While he may not secure offers above the minimum on the open market, seeking a larger role elsewhere makes sense.
Of the four Heat veterans with player options this week, only Josh Richardson opted in. Martin, Bryant, and Kevin Love all declined their options, though Love is still a strong candidate to remain with Miami.
