In a move that bucks widespread speculation, the Miami Heat have decided not to waive-and-stretch guard Terry Rozier, signaling their continued belief in his long-term value. While many expected Miami to clear cap space by using the stretch provision on Rozier’s sizable contract, the front office has taken a different path—doubling down on the veteran playmaker.
Rozier, who joined the Heat in a midseason trade from Charlotte, had a rocky start but eventually found rhythm within Miami’s system. Despite injury setbacks and inconsistencies, Rozier remains a dynamic scorer and capable ball-handler, qualities the Heat may see as crucial heading into the 2025–26 season.
Financially, choosing not to stretch Rozier’s deal limits short-term flexibility but avoids dead money stretching over several years—something Miami has long been cautious about. The decision suggests that the front office may see Rozier as a potential trade asset or envision a rebound season under Erik Spoelstra’s system.
With the Heat rumored to be pursuing major stars this offseason, keeping Rozier might also be a strategic chess move—one that adds value to potential trade packages. Either way, Miami’s choice adds another layer of intrigue to what’s already a suspenseful offseason.
The Heat are playing the long game—and the clock is ticking.
