Miami Heat signed Tre Donaldson to a Two-Way Contract

Miami Heat signed Tre Donaldson to a two-way contract at $560,000 for one year—a dirt-cheap deal that earns a B- Contract Value Index (CVI), reflecting fair value for an offseason depth acquisition in a non-guaranteed slot. Two-way contracts, by design, are below-market arrangements that fill roster spots without substantial cap commitment; at this price point, Donaldson's contract represents exactly what you'd expect to pay for a player transitioning into professional basketball, with the Heat retaining full upside at minimal risk. The real value question isn't whether $560K is a steal—it's whether the return on a fringe NBA/G League talent justifies even that modest outlay, and the B- grade suggests the deal is appropriately priced for what amounts to a depth lottery ticket. With Miami sitting at 43-39 and outside the playoff picture heading into the offseason, this signing carries no competitive urgency; it's purely a roster-building exercise with young talent that may or may not develop into rotation value. The one-year term is ideal for the Heat's flexibility, and there's no downside leverage—if Donaldson doesn't produce, the cap impact is negligible. Fair value for a low-floor, upside-driven offseason addition.