The person also said Miami and Memphis were still working out complete terms of what the Heat are giving up in the deal, and that a third team may still be involved.

Holding the team option for 2021-22 is a critical component for Miami, which intends to have space for two max contracts in the summer of 2021 and made clear to all teams in recent days — and even last summer — that it would not compromise those plans.

Iguodala was the 2015 NBA Finals MVP for Golden State and was traded to Memphis last summer. He did not play for the Grizzlies, after he and the team agreed that it would be best if he was sent elsewhere. It took several months, but Miami became that destination.

The Heat went into the trade deadline prioritizing perimeter defensive help, which made Iguodala a perfect fit. It was not immediately clear when he would join the Heat, which was starting a five-game trip in Los Angeles against the Clippers on Wednesday.

Heat coach Erik Spoelstra declined to discuss the deal when speaking with reporters in Los Angeles.

4-team, 12-player bonanza

Robert Covington is going to the Houston Rockets and Clint Capela is going to the Atlanta Hawks as the headline moves in a complicated trade that was struck early Wednesday involving four teams, 12 players and at least three draft picks.

Among the key components: Covington and Jordan Bell will join the Rockets from Minnesota, Capela and Nene are leaving the Rockets for the Hawks, the Timberwolves added soon-to-be restricted free agents Malik Beasley and Juancho Hernangomez from Denver and the Nuggets got Shabazz Napier from Minnesota plus a first-round pick from Houston.

ESPN and The Athletic first reported the trade.

Covington told Houston television station KRIV Fox 26 upon his arrival at the airport Wednesday that he was looking forward to a new opportunity.

«It’s all over the place right now,» Covington said when asked about his emotions. «Just kind of getting adjusted to life changing — drastically — in such a short amount of time.»

It was not immediately clear if a call with NBA attorneys to review and approve the trade would happen on Wednesday or Thursday. The league’s trade deadline is 3 p.m. ET Thursday.

Also in the deal: Jarred Vanderbilt is leaving Denver for Minnesota, and the Nuggets are getting Keita Bates-Diop and Noah Vonleh from the Timberwolves as well as Evan Turner from the Hawks. Gerald Green — who is out with a seasonlong foot injury — also goes to Denver from Houston to help make the math work and is likely to be waived once the deal is final, and Atlanta will also have to make another move to finalize the trade since it must first clear a roster spot.