The Miami Heat have interest in Ja Morant, but only under strict financial and asset conditions, according to NBA insider Jake Fischer. League conversations suggest Miami is unwilling to meet a premium asking price for the Memphis Grizzlies guard.
Fischer reported Tuesday that the Heat would only pursue Morant in what they consider a bargain-level deal. He compared Miami’s threshold to the cost Washington paid to acquire Trae Young, signaling a reluctance to surrender top assets or multiple prime picks.
“Miami Heat are interested in Ja Morant but only on what they would consider a bargain deal,” Fischer said. “I have not heard much interest in Ja Morant elsewhere,” he added, pointing to a limited market at this stage of the season.
Morant, 26, is in the third year of a five-year, $197 million contract, which complicates trade talks under the current CBA. Any acquiring team must absorb significant long-term salary while accounting for injury risk and recent availability concerns.
The former All-Star has appeared in only 20 games during the 2025-26 season. He is currently sidelined with an elbow sprain and is expected to miss at least three weeks.
On the court, Morant is averaging 19.5 points and 8.1 assists in 28.5 minutes per game. While his scoring efficiency has dipped, his assist rate matches a career high, reflecting continued playmaking value when healthy.
Memphis remains open to listening on Morant, but expectations inside the organization appear higher than what Miami is willing to offer. Marc Stein previously reported internal pressure on the Grizzlies to secure a return exceeding the package Atlanta received for Trae Young.
That dynamic creates a clear gap between buyer and seller. Miami sits seventh in the Eastern Conference at 25-22 and remains competitive without urgency to restructure its core around a high-usage guard.
The Heat already feature ball-dominant scorers in Tyler Herro and Norman Powell, alongside Bam Adebayo anchoring the interior. Adding Morant would require major roster reshuffling and long-term salary commitment.
Around the league, interest in Morant has been quieter than expected. Fischer’s reporting indicates few teams are positioning themselves aggressively, despite Memphis signaling availability ahead of the February 5 trade deadline.
