Oct 23, 2024; Miami, Florida, USA; Miami Heat president Pat Riley addresses the crowd during the Pat Riley Court dedication ceremony at halftime at Kaseya Center. Mandatory Credit: Jim Rassol-Imagn Images Jim Rassol-Imagn Images

The Miami Heat's underwhelming trade deadline recap

Originally posted on Miami Heat on SI | By Brady Hawk | Last updated Feb 5, 2026 3:58 PM ET

Do you hear that? Neither do I. Maybe a slight wind filling the constant moments of silence, or a mix of some cricket noises playing in the distance.

That's what the last 48 hours were for the Miami Heat heading up to the NBA trade deadline.

It was an all-in method trying to acquire Giannis Antetokounmpo once again, as it fell through with a report that the Milwaukee Bucks would be keeping him past the deadline and move onto some other trades.

The Milwaukee Bucks have indicated to teams that they are keeping Giannis Antetokounmpo through the trade deadline and will start making other trades, sources tell ESPN.
— Shams Charania (@ShamsCharania) February 5, 2026

It was also reported that this was relayed to teams late last night following some discussions, meaning the Heat most likely had 12+ hours for a pivot mode.

One of those pivot moves were Ja Morant, who also remained where he is as the Memphis Grizzlies are keeping him around for the rest of the season, even after moving Jaren Jackson Jr and heading toward a fire sale.

The Miami Heat appear stuck. They're in a space of mediocrity where it's a rinse and repeat cycle of going for the superstar, falling short, yet not leaning in the opposite direction to start over either.

Some could make the point that preparing for another legitimate run at Antetokounmpo in the off-season, or another star, would require moving certain rotation pieces for picks to increase potential assets.

That didn't occur either.

That leaves the Miami Heat as the only Eastern Conference team yet to make a deadline move
— Brady Hawk (@BradyHawk305) February 5, 2026

The other move that didn't happen was doing something with the contract of Terry Rozier, who will now most likely be waived for nothing, leaving an open roster spot that can be filled on the buyout market.

Miss the big swing, fall back to a random veteran on the buy-out market, rinse, repeat.

The truth of this quiet, or better yet silent, trade deadline for the Miami Heat is that it's going to be as hard of a sell to fans as it gets. There has been building frustration with multiple factors of this team this year, including the management of young players, the availability of some, and the overall talent perception.

Now the Heat head into the final 30 games of the season with the same faces, the same vibes, and the same problems.

The team currently sits atop the play-in tournament, while some teams around them will be rising and descending, as the Chicago Bulls sold off their entire roster and the Charlotte Hornets and Washington Wizards seem to be heading upward.

Now all of the attention turns to the decision making with the Heat's extensions, as Norman Powell and Tyler Herro each are in a position to receive one.

Just a gloomy and underwhelming Thursday afternoon for Heat fans in Miami.

This article first appeared on Miami Heat on SI and was syndicated with permission.

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