The Miami Heat are preparing to extend a qualifying offer worth $8.7 million to guard Davion Mitchell, according to Barry Jackson of the Miami Herald.
Mitchell, 26, joined the Heat midway through the 2024–25 season as part of a five-team trade that sent Jimmy Butler to Golden State.
In 30 games with Miami, Mitchell averaged 10.3 points, 5.3 assists, and 1.4 steals while shooting 50.4 percent from the field and 44.7 percent from three.
The qualifying offer makes Mitchell a restricted free agent, giving the Heat the right to match any deal he receives on the open market.
Miami acquired Mitchell from Toronto after the Raptors traded for him in June 2024, along with Sasha Vezenkov and draft assets, in exchange for Jalen McDaniels.
His performance in a larger role with the Heat stood in contrast to his stint in Toronto, where he averaged 6.3 points and 4.6 assists across 44 games.
Though his restricted status could limit immediate movement, any multi-year agreement would affect Miami’s cap sheet for the 2026–27 season.
Still, Jackson noted that the Heat are unlikely to operate as a cap-space team that summer, making the potential re-signing of Mitchell a manageable financial decision.
General manager Andy Elisburg, known for navigating cap constraints, will be tasked with structuring any new deal within the organization’s long-term plans.
Mitchell completed his rookie contract—a four-year, $21 million deal originally signed with the Sacramento Kings—this spring.
